TCMD - Tactile Systems Technology, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$39.25
DETAILS
HIGH:
$42.00
LOW:
$35.00
MEDIAN:
$40.00
CONSENSUS:
$39.25
UPSIDE:
57.63%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||
| Revenue | 329.5 | 293.0 | 274.4 | 246.8 | 208.1 | 187.1 | 189.5 | 143.8 | 109.3 | 84.5 | 62.9 | 47.7 | 37.2 |
| Cost of Revenue | 81.8 | 76.3 | 79.3 | 70.8 | 59.8 | 54.3 | 55.3 | 41.5 | 29.0 | 22.9 | 16.9 | 12.7 | 9.8 |
| Gross Profit | 247.7 | 216.7 | 195.1 | 176.0 | 148.2 | 132.8 | 134.2 | 102.3 | 80.3 | 61.6 | 46.0 | 35.0 | 27.4 |
| Operating Expenses | |||||||||||||
| R&D Expenses | 8.5 | 8.8 | 7.8 | 7.1 | 5.7 | 5.3 | 5.2 | 5.3 | 5.1 | 4.5 | 4.3 | 2.8 | 2.4 |
| SG&A Expenses | 209.9 | 183.1 | 169.2 | 167.2 | 143.6 | 131.0 | 118.4 | 94.0 | 71.3 | 52.9 | 38.2 | 28.4 | 22.6 |
| Other Expenses | 0 | 2.5 | 0.1 | 14.4 | 0.7 | 0.2 | 0.2 | 0.5 | 0.3 | 0.0 | (0.2) | (0.0) | 0.0 |
| Operating Expenses | 218.4 | 194.5 | 177.1 | 188.7 | 150.0 | 136.4 | 123.7 | 99.3 | 76.4 | 57.3 | 42.5 | 31.2 | 25.0 |
| Operating Income | |||||||||||||
| Operating Income | 29.3 | 22.2 | 18.0 | (12.8) | (1.8) | (3.6) | 10.5 | 3.0 | 3.9 | 4.3 | 3.5 | 3.8 | 2.4 |
| Interest Expense | 1.0 | 2.1 | 4.1 | 2.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 3.1 | 3.4 | 1.9 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||
| EBITDA | 35.9 | 32.4 | 26.4 | 1.7 | 1.9 | (0.8) | 14.0 | 3.0 | 3.9 | 5.1 | 4.3 | 4.5 | 3.0 |
| EBIT | 29.3 | 25.6 | 19.9 | (12.7) | (1.8) | (3.6) | 10.5 | 3.5 | 4.2 | 4.3 | 3.5 | 3.8 | 2.4 |
| Income Before Tax | 31.3 | 23.5 | 15.8 | (15.5) | (2.3) | (2.3) | 11.1 | 3.5 | 4.2 | 4.3 | 3.3 | 3.8 | 2.4 |
| Income Tax Expense | 12.3 | 6.5 | (12.7) | 2.4 | 9.5 | (1.6) | 0.2 | (3.1) | (1.7) | 1.4 | 1.9 | 1.7 | (0.8) |
| Net Income | 19.1 | 17.0 | 28.5 | (17.9) | (11.8) | (0.6) | 11.0 | 6.6 | 5.9 | 2.9 | 1.4 | 2.1 | 3.2 |
| Per Share Data | |||||||||||||
| EPS (Basic) | 0.83 | 0.71 | 1.24 | -0.89 | -0.60 | -0.03 | 0.58 | 0.34 | 0.34 | 0.18 | -0.03 | 0.01 | 1.33 |
| EPS (Diluted) | 0.82 | 0.70 | 1.23 | -0.89 | -0.60 | -0.03 | 0.56 | 0.34 | 0.31 | 0.17 | -0.03 | 0.01 | 1.32 |
| Shares Outstanding | 22.9 | 23.9 | 22.9 | 20.1 | 19.7 | 19.3 | 18.9 | 19.3 | 17.4 | 8.9 | 13.3 | 13.3 | 2.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 83.4 | 94.4 | 61.0 | 21.9 | 28.2 | 47.9 | 22.8 | 20.1 | 24.0 | 30.7 |
| Short-Term Investments | 0 | 14.5 | 14.2 | 16.1 | 12.5 | 10.7 | 30.6 | 25.8 | 19.9 | 11.0 |
| Net Receivables | 43.9 | 44.9 | 43.2 | 54.8 | 49.5 | 43.8 | 33.4 | 26.1 | 19.7 | 15.0 |
| Inventory | 14.0 | 18.7 | 22.5 | 23.1 | 19.2 | 18.6 | 19.1 | 11.2 | 11.0 | 6.6 |
| Other Current Assets | 23.8 | 5.1 | 4.4 | 3.8 | 0 | 0 | 0 | 1.8 | 2.2 | 1.0 |
| Total Current Assets | 165.2 | 177.6 | 145.3 | 119.8 | 113.5 | 123.6 | 108.3 | 85.0 | 76.9 | 64.2 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 18.9 | 22.2 | 25.3 | 27.4 | 30.7 | 27.1 | 23.3 | 4.8 | 3.8 | 1.6 |
| Goodwill | 31.1 | 31.1 | 31.1 | 31.1 | 31.1 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 39.2 | 42.8 | 46.7 | 50.4 | 54.1 | 1.7 | 5.3 | 5.3 | 2.2 | 2.4 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.9 | 2.7 | 2.8 |
| Other Non-Current Assets | 9.8 | 6.0 | 13.7 | 26.4 | 14.8 | 11.5 | 5.8 | 1.3 | 0.2 | 0.1 |
| Total Non-Current Assets | 108.8 | 120.4 | 136.1 | 135.2 | 130.7 | 50.5 | 43.4 | 22.1 | 11.6 | 9.7 |
| Total Assets | 273.9 | 297.9 | 281.4 | 255.0 | 244.3 | 174.1 | 151.8 | 107.1 | 88.4 | 73.9 |
| Current Liabilities | ||||||||||
| Account Payables | 5.0 | 5.6 | 6.7 | 10.0 | 5.0 | 4.2 | 3.8 | 5.1 | 4.3 | 3.8 |
| Short-Term Debt | 3.2 | 3.0 | 3.0 | 3.0 | 3.0 | 0 | 0 | 0.0 | 0.0 | 0.1 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | (0.0) | (0.1) |
| Other Current Liabilities | 32.8 | 3.1 | 4.5 | 20.2 | 6.6 | 3.4 | 2.1 | 11.0 | 10.3 | 8.8 |
| Total Current Liabilities | 41.0 | 40.7 | 41.1 | 64.3 | 34.5 | 26.7 | 21.4 | 16.1 | 14.5 | 13.8 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 12.8 | 23.2 | 26.2 | 45.9 | 51.8 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0.0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.3 | 1.4 | 2.1 | 2.5 | 6.4 | 3.2 | 2.6 | 1.7 | 1.1 | 0.5 |
| Total Non-Current Liabilities | 14.1 | 40.6 | 46.7 | 69.3 | 81.6 | 22.6 | 17.7 | 1.7 | 1.1 | 0.5 |
| Total Liabilities | 55.0 | 81.3 | 87.8 | 133.6 | 116.0 | 49.3 | 39.2 | 17.8 | 15.7 | 14.3 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | 54.9 | 35.9 | 18.9 | (9.6) | 8.2 | 20.1 | 20.7 | 9.7 | 3.1 | (2.8) |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | (0.0) | (0.0) | (0.0) |
| Total Stockholders' Equity | 218.9 | 216.6 | 193.6 | 121.4 | 128.2 | 124.8 | 112.6 | 89.3 | 72.8 | 59.6 |
| Total Liabilities & Equity | 273.9 | 297.9 | 281.4 | 255.0 | 244.3 | 174.1 | 151.8 | 107.1 | 88.4 | 73.9 |
| Debt Metrics | ||||||||||
| Total Debt | 16.0 | 45.1 | 50.4 | 72.2 | 80.6 | 21.4 | 16.6 | 0.0 | 0.0 | 0.1 |
| Net Debt | (67.5) | (49.3) | (10.7) | 50.3 | 52.4 | (26.5) | (6.2) | (20.1) | (24.0) | (30.6) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 0 | 17.0 | 28.5 | (17.9) | (11.8) | (0.6) | 11.0 | 6.6 | 5.9 | 2.9 |
| Depreciation & Amortization | 0 | 6.8 | 6.5 | 6.3 | 3.7 | 2.8 | 3.5 | 3.6 | 1.8 | 0.8 |
| Stock-Based Compensation | 0 | 7.8 | 7.5 | 9.6 | 10.2 | 10.7 | 9.8 | 8.0 | 4.2 | 1.9 |
| Change in Working Capital | 0.1 | 7.7 | 15.1 | (4.6) | (9.5) | (12.8) | (22.5) | (5.6) | (8.2) | 1.5 |
| Other Non-Cash Items | 42.7 | 0.3 | (2.4) | 11.9 | (0.2) | 3.9 | 0.8 | 2.5 | 0.3 | 0.6 |
| Operating Cash Flow | 42.8 | 40.7 | 35.9 | 5.2 | 2.6 | 2.8 | 2.5 | 9.0 | 4.2 | 7.0 |
| Investing Activities | ||||||||||
| Capital Expenditure | (2.4) | (2.5) | (2.5) | (1.9) | (2.4) | (2.3) | (6.0) | (9.5) | (3.8) | (0.8) |
| Acquisitions | 0 | 0 | 0 | 0 | (79.8) | 0 | 0 | 5.3 | (0.1) | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | (22.8) | (21.7) | (12.1) | (11.0) |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 22.5 | 26.5 | 17 | 2 | 0 |
| Other Investing Activities | (2.5) | (0.1) | (0.2) | (0.1) | (0.3) | (0.3) | (0.5) | (5.8) | (0.1) | (11.1) |
| Investing Cash Flow | (2.5) | (2.5) | (2.5) | (1.9) | (82.2) | 20.2 | (2.3) | (14.7) | (14.0) | (11.8) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (26.2) | (3) | (19.8) | (6) | 55 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | (26.6) | (3.5) | 0 | 0 | 0 | 0 | 0 | (2.4) | (0.5) | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (8.2) |
| Other Financing Activities | 0 | 1.7 | (9.1) | (3.6) | 4.9 | 2.1 | 2.5 | 1.9 | 3.6 | 0 |
| Financing Cash Flow | (51.2) | (4.8) | 5.7 | (9.6) | 59.9 | 2.1 | 2.5 | 1.9 | 3.1 | 28.5 |
| Cash Position | ||||||||||
| Net Change in Cash | (10.9) | 33.3 | 39.1 | (6.3) | (19.6) | 25.1 | 2.7 | (3.9) | (6.7) | 23.6 |
| Cash at Beginning | 94.4 | 61.0 | 21.9 | 28.2 | 47.9 | 22.8 | 20.1 | 24.0 | 30.7 | 7.1 |
| Cash at End | 83.4 | 94.4 | 61.0 | 21.9 | 28.2 | 47.9 | 22.8 | 20.1 | 24.0 | 30.7 |
| Free Cash Flow | 40.4 | 38.1 | 33.4 | 3.3 | 0.3 | 0.5 | (3.5) | (0.5) | 0.4 | 6.2 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 329.5 | 293.0 | 274.4 | 246.8 | 208.1 | 187.1 | 189.5 | 143.8 | 109.3 | 84.5 | 62.9 | 47.7 | 37.2 |
| Gross Profit | 247.7 | 216.7 | 195.1 | 176.0 | 148.2 | 132.8 | 134.2 | 102.3 | 80.3 | 61.6 | 46.0 | 35.0 | 27.4 |
| Operating Income | 29.3 | 22.2 | 18.0 | (12.8) | (1.8) | (3.6) | 10.5 | 3.0 | 3.9 | 4.3 | 3.5 | 3.8 | 2.4 |
| Net Income | 19.1 | 17.0 | 28.5 | (17.9) | (11.8) | (0.6) | 11.0 | 6.6 | 5.9 | 2.9 | 1.4 | 2.1 | 3.2 |
| EPS (Diluted) | 0.82 | 0.70 | 1.23 | -0.89 | -0.60 | -0.03 | 0.56 | 0.34 | 0.31 | 0.17 | -0.03 | 0.01 | 1.32 |
| Balance Sheet | |||||||||||||
| Cash & Equivalents | 83.4 | 94.4 | 61.0 | 21.9 | 28.2 | 47.9 | 22.8 | 20.1 | 24.0 | 30.7 | |||
| Total Assets | 273.9 | 297.9 | 281.4 | 255.0 | 244.3 | 174.1 | 151.8 | 107.1 | 88.4 | 73.9 | |||
| Total Debt | 16.0 | 45.1 | 50.4 | 72.2 | 80.6 | 21.4 | 16.6 | 0.0 | 0.0 | 0.1 | |||
| Stockholders' Equity | 218.9 | 216.6 | 193.6 | 121.4 | 128.2 | 124.8 | 112.6 | 89.3 | 72.8 | 59.6 | |||
| Cash Flow | |||||||||||||
| Operating Cash Flow | 42.8 | 40.7 | 35.9 | 5.2 | 2.6 | 2.8 | 2.5 | 9.0 | 4.2 | 7.0 | |||
| Capital Expenditure | (2.4) | (2.5) | (2.5) | (1.9) | (2.4) | (2.3) | (6.0) | (9.5) | (3.8) | (0.8) | |||
| Free Cash Flow | 40.4 | 38.1 | 33.4 | 3.3 | 0.3 | 0.5 | (3.5) | (0.5) | 0.4 | 6.2 | |||