TLFA · Tandy Leather Factory Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $76.32M | $74.39M | $76.23M | $80.33M | $82.66M | $64.08M |
| Cost of Revenue | $32.78M | $32.59M | $31.07M | $33.84M | $35.66M | $28.03M |
| Gross Profit | $43.54M | $41.80M | $45.16M | $46.50M | $47.00M | $36.06M |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $44.50M | $41.18M | $40.75M | $45.11M | $44.70M | $41.33M |
| D&A | $900.0K | $1.20M | $1.20M | $1.20M | $1.10M | $1.00M |
| Operating Income | ($963.0K) | $628.0K | $4.41M | $1.39M | $2.30M | ($6.35M) |
| Interest Expense | - | - | - | - | $16.0K | $7.0K |
| Income Tax | $3.20M | $264.0K | $777.0K | $181.0K | $839.0K | ($1.38M) |
| Net Income | $9.10M | $827.0K | $3.77M | $1.23M | $1.35M | ($4.90M) |
| EPS - Basic | $1.11 | $0.10 | $0.45 | $0.15 | $0.16 | ($0.54) |
| EPS - Diluted | $1.10 | $0.09 | $0.45 | $0.15 | $0.16 | ($0.54) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $16.09M | $13.27M | $12.16M | $7.97M | $10.15M | $10.33M |
| Accounts Receivable | $425.0K | $331.0K | $264.0K | $370.0K | $614.0K | $350.0K |
| Inventory | $33.24M | $35.56M | $37.99M | $38.23M | $38.08M | $36.78M |
| Accounts Payable | $2.15M | $3.11M | $2.33M | $3.08M | $4.79M | $5.74M |
| Current Assets | $50.58M | $50.54M | $51.25M | $47.25M | $50.45M | $51.01M |
| Total Assets | $86.63M | $74.92M | $72.14M | $68.58M | $73.08M | $75.69M |
| Current Liabilities | $9.80M | $9.89M | $8.93M | $8.87M | $12.21M | $12.92M |
| Long-term Debt | - | - | - | $0 | $336.0K | $446.0K |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $52.59M | $57.15M | $56.35M | $51.46M | $51.50M | $52.19M |
| Retained Earnings | $60.84M | $64.49M | $63.66M | $59.89M | $58.66M | $57.31M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($556.0K) | $4.55M | $4.54M | $1.15M | $3.72M | ($12.53M) |
| Investing Cash Flow | $17.36M | ($2.98M) | ($576.0K) | ($625.0K) | ($1.00M) | $6.26M |
| Financing Cash Flow | ($14.11M) | ($1.0K) | ($26.0K) | ($2.17M) | ($2.78M) | $416.0K |
| CapEx | $7.54M | $2.98M | $576.0K | $635.0K | $1.00M | $1.31M |
| Free Cash Flow | ($8.09M) | $1.56M | $3.96M | $519.0K | $2.71M | ($13.84M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 57.0% | 56.2% | 59.2% | 57.9% | 56.9% | 56.3% |
| Operating margin | -1.3% | 0.8% | 5.8% | 1.7% | 2.8% | -9.9% |
| EBITDA margin | -0.1% | 2.5% | 7.4% | 3.2% | 4.1% | -8.3% |
| Net margin | 11.9% | 1.1% | 4.9% | 1.5% | 1.6% | -7.6% |
| Free cash flow margin | -10.6% | 2.1% | 5.2% | 0.6% | 3.3% | -21.6% |
| FCF / Net income | -0.89 | 1.89 | 1.05 | 0.42 | 2.01 | 2.82 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 26.0% | 24.2% | 17.1% | 12.9% | 38.3% | - |
| Return on assets | 10.5% | 1.1% | 5.2% | 1.8% | 1.9% | -6.5% |
| Return on equity | 17.3% | 1.4% | 6.7% | 2.4% | 2.6% | -9.4% |
| Return on invested capital | - | - | - | 2.4% | 2.7% | -9.5% |
| Liquidity | ||||||
| Current ratio | 5.16 | 5.11 | 5.74 | 5.33 | 4.13 | 3.95 |
| Quick ratio | 1.77 | 1.52 | 1.48 | 1.02 | 1.01 | 1.10 |
| Cash ratio | 1.64 | 1.34 | 1.36 | 0.90 | 0.83 | 0.80 |
| Leverage | ||||||
| Debt / Equity | - | - | - | 0.00 | 0.01 | 0.01 |
| Debt / Assets | - | - | - | 0.00 | 0.00 | 0.01 |
| Debt / EBITDA | - | - | - | 0.00 | 0.10 | - |
| Interest coverage | - | - | - | - | 143.8x | -906.9x |
| Equity multiplier | 1.65 | 1.31 | 1.28 | 1.33 | 1.42 | 1.45 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.88 | 0.99 | 1.06 | 1.17 | 1.13 | 0.85 |
| Inventory turnover | 0.99 | 0.92 | 0.82 | 0.89 | 0.94 | 0.76 |
| Days sales outstanding | 2d | 2d | 1d | 2d | 3d | 2d |
| Days inventory outstanding | 370d | 398d | 446d | 412d | 390d | 479d |
| Days payable outstanding | 24d | 35d | 27d | 33d | 49d | 75d |
| Cash conversion cycle | 348d | 365d | 420d | 381d | 344d | 406d |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 2.6% | -2.4% | -5.1% | -2.8% | 29.0% | -22.2% |
| Revenue CAGR (3y) | -1.7% | -3.5% | 6.0% | -0.9% | - | -8.0% |
| Revenue CAGR (5y) | 3.6% | -2.0% | - | -0.5% | -0.1% | -5.3% |
| Gross profit growth (YoY) | 4.2% | -7.4% | -2.9% | -1.1% | 30.3% | -14.1% |
| Operating income growth (YoY) | - | -85.8% | 217.7% | -39.7% | - | -144.3% |
| Net income growth (YoY) | 1000.6% | -78.1% | 207.1% | -9.4% | - | -157.4% |
| EPS growth (YoY) | 1122.2% | -80.0% | 200.0% | -6.3% | - | -157.1% |
| EPS CAGR (3y) | 94.3% | -17.5% | - | - | -8.7% | - |
| EPS CAGR (5y) | - | - | 16.5% | -20.8% | -25.3% | - |
| FCF growth (YoY) | - | -60.5% | 663.2% | -80.9% | - | - |
| FCF CAGR (5y) | - | -31.3% | -8.9% | -38.4% | -14.2% | - |
| Book value growth (YoY) | -8.0% | 1.4% | 9.5% | -0.1% | -1.3% | -7.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Geographic
$76.32M totalUS$67.91M · 89.0%
CA$7.46M · 9.8%
Other Countries$960.0K · 1.3%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Leather & Leather Products
Comparing TANDY LEATHER FACTORY INC against the 3 most active filers in the same SIC group.