TSSI · Tss, 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.

Price · TSSI

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$245.72M	$148.14M	$54.40M	$30.64M	$27.41M	$45.06M
Cost of Revenue	$213.34M	$125.79M	$43.40M	$21.66M	$21.05M	$38.26M
Gross Profit	$32.38M	$22.35M	$11.00M	$8.98M	$6.36M	$6.80M
R&D	-	-	-	-	-	-
SG&A	$20.65M	$13.24M	$8.93M	$7.68M	$6.66M	$6.67M
Total Operating Expenses	$26.06M	$13.85M	$11.22M◇	-	-	-
D&A	$1.09M	$608.0K	$320.0K	$383.0K	$536.0K	$529.0K
Operating Income	$6.32M	$8.50M	$1.75M	$914.0K	($831.0K)	($400.0K)
Interest Expense	-	$2.74M	$1.62M	$964.0K	$430.0K	$367.0K
Income Tax	($7.59M)	$158.0K	$60.0K	$56.0K	$65.0K	$50.0K
Net Income	$15.13M	$5.98M	$74.0K	($73.0K)	($1.30M)	$79.0K
EPS - Basic	$0.61	$0.27	$0.00	$0.00	($0.07)	$0.00
EPS - Diluted	$0.56	$0.24	$0.00	$0.00	($0.07)	$0.00

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$85.51M	$20.40M	$11.83M	$20.40M	$7.99M	$19.01M
Accounts Receivable	$12.50M	$16.20M	$3.53M	$2.75M	$1.85M	$915.0K
Inventory	$15.97M	$17.67M	$2.34M	$862.0K	$847.0K	$197.0K
Accounts Payable	-	$35.77M	$12.41M	$19.96M	$5.47M	$12.55M
Current Assets	$118.63M	$58.20M	$19.31M	$24.41M	$11.81M	$20.99M
Total Assets	$184.94M	$96.57M	$25.60M	$31.41M	$19.28M	$23.81M
Current Liabilities	$72.57M	$56.92M	$18.42M	$24.16M	$12.12M	$18.08M
Long-term Debt	$14.00M	$0	$0◇	$0	$0	$2.23M
Total Liabilities	$108.30M	$89.43M	$22.05M	$28.47M	$17.08M	$20.63M
Stockholders' Equity	$76.64M	$7.14M	$3.55M	$2.93M	$2.20M	$3.18M
Retained Earnings	($45.21M)	($60.34M)	($66.31M)	($66.39M)	($66.31M)	($65.02M)

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$34.86M	$15.30M	($8.27M)	($10.45M)	-	$10.00M
Investing Cash Flow	($32.74M)	($8.48M)	($257.0K)	($64.0K)	-	($396.0K)
Financing Cash Flow	$60.17M	$4.58M	($40.0K)	($504.0K)	-	$733.0K
CapEx	$32.74M	$8.48M	$257.0K	$64.0K	-	$396.0K
Free Cash Flow	$2.12M	$6.81M	($8.53M)	($10.52M)	-	$9.60M

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	13.2%	15.1%	20.2%	29.3%	23.2%	15.1%
Operating margin	2.6%	5.7%	3.2%	3.0%	-3.0%	-0.9%
EBITDA margin	3.0%	6.2%	3.8%	4.2%	-1.1%	0.3%
Net margin	6.2%	4.0%	0.1%	-0.2%	-4.7%	0.2%
Free cash flow margin	0.9%	4.6%	-15.7%	-34.3%	-	21.3%
FCF / Net income	0.14	1.14	-115.22	144.05	-	121.53
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	8.4%	8.9%	16.4%	25.1%	24.3%	14.8%
Effective tax rate	-100.8%	2.6%	44.8%	-	-	38.8%
Return on assets	8.2%	6.2%	0.3%	-0.2%	-6.7%	0.3%
Return on equity	19.7%	83.7%	2.1%	-2.5%	-58.9%	2.5%
Return on invested capital	7.0%	116.1%	27.2%	24.6%	-29.8%	-4.5%
Liquidity
Current ratio	1.63	1.02	1.05	1.01	0.97	1.16
Quick ratio	1.41	0.71	0.92	0.97	0.90	1.15
Cash ratio	1.18	0.36	0.64	0.84	0.66	1.05
Leverage
Debt / Equity	0.18	0.00	0.00	0.00	0.00	0.70
Debt / Assets	0.08	0.00	0.00	0.00	0.00	0.09
Debt / EBITDA	1.89	0.00	0.00	0.00	-	17.32
Interest coverage	-	3.1x	1.1x	0.9x	-1.9x	-1.1x
Equity multiplier	2.41	13.53	7.21	10.70	8.75	7.48
Liabilities / Assets	0.59	0.93	0.86	0.91	0.89	0.87
Efficiency
Asset turnover	1.33	1.53	2.12	0.98	1.42	1.89
Inventory turnover	13.36	7.12	18.52	25.12	24.85	194.21
Days sales outstanding	19d	40d	24d	33d	25d	7d
Days inventory outstanding	27d	51d	20d	15d	15d	2d
Days payable outstanding	-	104d	104d	336d	95d	120d
Cash conversion cycle	-	-13d	-61d	-289d	-56d	-110d
Valuation
P / E	12.6x	49.4x	-	-	-	-
P / B	2.5x	41.7x	1.7x	3.8x	3.8x	4.7x
P / S	0.8x	2.0x	0.1x	0.4x	0.3x	0.3x
EV / EBITDA	16.3x	30.4x	-2.8x	-7.1x	-	-14.5x
Growth
Revenue growth (YoY)	65.9%	172.3%	77.6%	11.8%	-39.2%	37.5%
Revenue CAGR (3y)	100.2%	75.5%	6.5%	-2.2%	14.4%	35.0%
Revenue CAGR (5y)	40.4%	35.2%	24.3%	10.8%	0.0%	8.9%
Gross profit growth (YoY)	44.9%	103.2%	22.5%	41.2%	-6.5%	3.2%
Operating income growth (YoY)	-25.6%	385.9%	91.5%	-	-107.7%	-
Net income growth (YoY)	153.1%	7975.7%	-	94.4%	-	-37.3%
EPS growth (YoY)	133.3%	-	-	-	-	-
EPS CAGR (3y)	-	-	-	-	-	-
EPS CAGR (5y)	-	88.8%	-	-	-	-
FCF growth (YoY)	-68.9%	-	18.9%	-	-	296.6%
FCF CAGR (5y)	-26.1%	23.0%	-	-	-	-
Book value growth (YoY)	973.6%	101.1%	21.0%	33.2%	-30.8%	10.9%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$483.53M total

Procurement$197.48M · 40.8%

Procurement Revenues Segment$197.48M · 40.8%

System Integration$40.34M · 8.3%

System Integration Services Segment$40.34M · 8.3%

Facilities Segment$7.91M · 1.6%

Product / service

$7.91M total

Equipment Deployment And Other Services$4.00M · 50.6%

Maintenance$3.91M · 49.4%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

1.70

Grey zone

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

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: Services-Management Consulting Services

Company	Revenue (last FY)	Net margin	ROE
HURN	$1.70B	6.2%	19.9%
BAH	$11.22B	7.6%	77.0%
FCN	$3.79B	7.1%	15.6%
EXPO	$582.01M	18.2%	27.2%
G	$5.08B	10.9%	21.7%

Comparing TSS against the 5 most active filers in the same SIC group.

Cells marked with a small ◇ are sourced from SEC's bulk Financial Statement Data Sets, which can lose dimensional context (notably Revenue and Operating Income for issuers that report by segment). These cells will be replaced with authoritative values from the Company Facts API as the backfill completes.