TLSS · Transportation & Logistics Systems, 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 | - | - | - | $7.74M | $5.50M | $25.83M |
| Cost of Revenue | - | - | - | $5.22M | $5.41M | $23.28M |
| Gross Profit | - | - | - | $2.53M | $87.0K | $2.54M |
| R&D | - | - | - | - | - | - |
| SG&A | $20.0K | $129.5K | $353.4K | $1.81M | $1.12M | $814.3K |
| Total Operating Expenses | $1.41M | $1.87M | $2.46M | $10.57M | $6.53M | $10.76M |
| D&A | - | - | - | $1.13M | $685.6K | $102.1K |
| Operating Income | ($1.41M) | ($1.87M) | ($2.46M) | ($8.04M) | ($6.45M) | ($8.22M) |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | - | - | - | - | - | - |
| Net Income | $33.8K | ($3.82M) | ($14.26M) | ($8.08M) | $6.25M | ($42.78M) |
| EPS - Basic | $0.00 | $0.00 | $0.00 | $0.00 | ($0.08) | - |
| EPS - Diluted | $0.00 | $0.00 | $0.00 | $0.00 | ($0.08) | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $15.8K | $177.3K | $1.47M | $1.47M | $6.07M | $579.3K |
| Accounts Receivable | - | - | - | $28.3K | $481.7K | $372.9K |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $335.6K | $1.17M | $852.0K | $472.7K | $312.8K | $1.10M |
| Current Assets | $17.3K | $178.9K | $2.16M | $4.14M | $6.75M | $1.40M |
| Total Assets | $17.3K | $178.9K | $2.16M | $21.29M | $9.53M | $3.53M |
| Current Liabilities | $7.95M | $12.07M | $10.16M | $8.55M | $1.01M | $18.01M |
| Long-term Debt | - | - | - | $5.78M | - | - |
| Total Liabilities | $7.95M | $12.07M | $10.16M | $15.79M | $1.02M | $19.55M |
| Stockholders' Equity | ($20.08M) | ($11.89M) | ($8.00M) | $5.50M | $8.52M | ($16.01M) |
| Retained Earnings | ($147.17M) | ($146.47M) | ($142.33M) | ($127.51M) | ($119.02M) | ($122.62M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($486.4K) | ($386.7K) | ($2.81M) | ($3.42M) | ($4.09M) | ($3.28M) |
| Investing Cash Flow | - | - | ($770.8K) | ($1.38M) | ($2.18M) | ($460.5K) |
| Financing Cash Flow | $325.0K | $345.8K | $2.33M | $210.1K | $11.75M | $4.27M |
| CapEx | - | - | $519.6K | $143.9K | $56.2K | $460.5K |
| Free Cash Flow | - | - | ($3.33M) | ($3.57M) | ($4.14M) | ($3.74M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | 32.6% | 1.6% | 9.8% |
| Operating margin | - | - | - | -103.8% | -117.3% | -31.8% |
| EBITDA margin | - | - | - | -89.1% | -104.8% | -31.4% |
| Net margin | - | - | - | -104.3% | 113.8% | -165.7% |
| Free cash flow margin | - | - | - | -46.0% | -75.4% | -14.5% |
| FCF / Net income | - | - | 0.23 | 0.44 | -0.66 | 0.09 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | 23.3% | 20.3% | 3.2% |
| Effective tax rate | - | - | - | - | - | - |
| Return on assets | 195.2% | -2137.3% | -660.5% | -37.9% | 65.6% | -1210.7% |
| Return on equity | -0.2% | 32.2% | 178.4% | -146.8% | 73.4% | 267.2% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 0.00 | 0.01 | 0.21 | 0.48 | 6.71 | 0.08 |
| Quick ratio | 0.00 | 0.01 | 0.21 | 0.48 | 6.71 | 0.08 |
| Cash ratio | 0.00 | 0.01 | 0.14 | 0.17 | 6.03 | 0.03 |
| Leverage | ||||||
| Debt / Equity | - | - | - | 1.05 | - | - |
| Debt / Assets | - | - | - | 0.27 | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | -0.00 | -0.02 | -0.27 | 3.87 | 1.12 | -0.22 |
| Liabilities / Assets | 458.69 | 67.46 | 4.70 | 0.74 | 0.11 | 5.53 |
| Efficiency | ||||||
| Asset turnover | - | - | - | 0.36 | 0.58 | 7.31 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | 1d | 32d | 5d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | 33d | 21d | 17d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | 40.9% | -78.7% | -17.6% |
| Revenue CAGR (3y) | - | - | - | -37.3% | 61.6% | 170.7% |
| Revenue CAGR (5y) | - | - | - | 42.9% | - | - |
| Gross profit growth (YoY) | - | - | - | 2805.2% | -96.6% | -2.3% |
| Operating income growth (YoY) | 24.8% | 23.8% | 69.4% | -24.7% | 21.6% | 59.5% |
| Net income growth (YoY) | - | 73.2% | -76.6% | - | - | 4.6% |
| EPS growth (YoY) | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | 6.6% | 13.9% | -10.8% | 34.6% |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -68.9% | -48.7% | - | -35.4% | - | -24.3% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
2/9
Weak
- ✓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: Transportation Services
Comparing Transportation & Logistics Systems against the 5 most active filers in the same SIC group.