Tactile Systems Technology Inc financial data

Symbol
TCMD on Nasdaq
Industry
Surgical & Medical Instruments & Apparatus
Location
1331 Tyler Street Ne Ste 200, Minneapolis, MN
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 5, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 383 % +58.5%
Quick Ratio 55.7 % +41.5%
Debt-to-equity 46.1 % -49.5%
Return On Equity 16.9 %
Return On Assets 11.6 %
Operating Margin 8.05 % +379%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 24M shares +2.16%
Common Stock, Shares, Outstanding 24M shares +2.17%
Entity Public Float 582M USD +297%
Common Stock, Value, Issued 24K USD +4.35%
Weighted Average Number of Shares Outstanding, Basic 23.9M shares +2.23%
Weighted Average Number of Shares Outstanding, Diluted 24.1M shares +3.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 282M USD +5.71%
Cost of Revenue 78.6M USD +1.23%
Research and Development Expense 8.13M USD +4.48%
Selling and Marketing Expense 109M USD +0.37%
General and Administrative Expense 64.7M USD +7.62%
Operating Income (Loss) 22.7M USD +406%
Nonoperating Income (Expense) -60K USD +98.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 22.6M USD +2243%
Income Tax Expense (Benefit) -9.98M USD -1738%
Net Income (Loss) Attributable to Parent 32.6M USD
Earnings Per Share, Basic 1.42 USD/shares +4633%
Earnings Per Share, Diluted 1.41 USD/shares +4600%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 73.6M USD +16.5%
Accounts Receivable, after Allowance for Credit Loss, Current 41.9M USD -9.92%
Inventory, Net 18.8M USD -7.23%
Assets, Current 152M USD +1.54%
Deferred Income Tax Assets, Net 19.4M USD
Property, Plant and Equipment, Net 5.69M USD -1.39%
Operating Lease, Right-of-Use Asset 17.8M USD -11%
Intangible Assets, Net (Excluding Goodwill) 44.9M USD -7.57%
Goodwill 31.1M USD 0%
Other Assets, Noncurrent 3.54M USD +7.11%
Assets 279M USD +1.85%
Accounts Payable, Current 5.09M USD -45.2%
Employee-related Liabilities, Current 12.1M USD -12.4%
Accrued Liabilities, Current 6.7M USD +29.7%
Liabilities, Current 34.2M USD -29.5%
Accrued Income Taxes, Noncurrent 495K USD +11%
Deferred Income Tax Liabilities, Net 49K USD
Operating Lease, Liability, Noncurrent 17.1M USD -12.6%
Liabilities 78.1M USD -32.1%
Retained Earnings (Accumulated Deficit) 21M USD
Stockholders' Equity Attributable to Parent 201M USD +26.4%
Liabilities and Equity 279M USD +1.85%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 924K USD
Net Cash Provided by (Used in) Financing Activities -749K USD -102%
Net Cash Provided by (Used in) Investing Activities -502K USD -72.5%
Common Stock, Shares Authorized 300M shares 0%
Common Stock, Shares, Issued 24M shares +2.17%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 73.6M USD +16.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities 583K USD -37.1%
Deferred Tax Assets, Valuation Allowance 17.8M USD +48.1%
Deferred Tax Assets, Gross 25.5M USD +2.95%
Operating Lease, Liability 19.9M USD -9.91%
Payments to Acquire Property, Plant, and Equipment 482K USD +100%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -4.18M USD +83.3%
Lessee, Operating Lease, Liability, to be Paid 22.5M USD -11.9%
Property, Plant and Equipment, Gross 14.8M USD -12.4%
Operating Lease, Liability, Current 2.8M USD +10.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.72M USD +5.57%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.65M USD +6.55%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.55M USD -24.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.21M USD -11.2%
Deferred Tax Assets, Operating Loss Carryforwards 50K USD -72.1%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 50M shares 0%
Unrecognized Tax Benefits 702K USD +14.7%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.19M USD +0.57%
Operating Lease, Payments 867K USD +0.81%
Additional Paid in Capital 180M USD +5.47%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 3.7M USD -2.63%
Depreciation, Depletion and Amortization 1.63M USD +0.31%
Share-based Payment Arrangement, Expense 7.62M USD -8.37%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%