TCBX (TCBX) financial statements
TCBX reported revenue of $209M in fiscal 2025, up 34.6% a year over 6 years.
Net income was $66M.
The diluted share count rose 344% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from TCBX's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $35M | $71M | $95M | $124M | $148M | $171M | $209M |
| Interest expense | $16M | $14M | $10M | $37M | $127M | — | — |
| Pre-tax income | $3M | $16M | $14M | $23M | $42M | $61M | $83M |
| Income tax | $852,000 | $3M | $3M | $5M | $8M | $14M | $16M |
| Net income | $2M | $12M | $11M | $19M | $33M | $48M | $66M |
| EPS (diluted) | $0.60 | $1.91 | $1.40 | $1.25 | $1.98 | $2.78 | $3.79 |
| Diluted shares | 4M | 6M | 8M | 14M | 17M | 17M | 17M |
| Net margin | 6.8% | 17.2% | 12.0% | 15.1% | 22.6% | 27.8% | 31.7% |
Balance sheet
Fiscal years, from TCBX's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | — | $201M | $327M | $330M | $297M | $371M | $175M |
| Property, plant and equipment | — | $15M | $19M | $29M | $29M | $26M | $25M |
| Goodwill | — | $18M | $18M | $18M | $18M | — | $18M |
| Total assets | — | $1.9B | $2.5B | $3.8B | $4.4B | $4.9B | $5.3B |
| Total liabilities | — | $1.7B | $2.2B | $3.4B | $4.0B | $4.5B | $4.8B |
| Shareholders' equity | $57M | $120M | $299M | $382M | $412M | $461M | $531M |
| Net debt | — | -$201M | -$327M | -$330M | -$297M | -$371M | -$175M |
Cash flow
Fiscal years, from TCBX's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $4M | -$4M | $5M | $22M | $39M | $35M | $51M |
| Capital spending | $3M | $1M | $6M | $12M | $3M | $2M | — |
| Free cash flow | $611,000 | -$5M | -$1M | $10M | $36M | $33M | — |
| Stock-based compensation | $231,000 | $275,000 | $659,000 | $1M | $2M | $2M | $2M |
| Net borrowing | — | — | -$32M | -$32M | — | — | — |
| Free cash flow margin | 1.7% | -7.1% | -1.1% | 7.8% | 24.1% | 19.5% | — |
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Open TCBX in InvestinglyQuestions
What was TCBX's revenue in 2025?
$209M in fiscal 2025, from its 10-K filing.
From TCBX's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.