TIPT (TIPT) financial statements
TIPT reported revenue of $488,000 in fiscal 2025, down 53.8% a year over 9 years.
Net income was $35M and the operating margin -9574.6%, against 12.6% in 2016.
Free cash flow was $168M, and the company returned $9M in dividends.
The diluted share count rose 8% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from TIPT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $506M | $582M | $626M | $773M | $810M | $1.2B | $1.4B | $2M | $2M | $488,000 |
| Selling, general and admin | $15M | $15M | $16M | $19M | $22M | $37M | $26M | $38M | $43M | — |
| Operating income | $64M | $15M | $10M | $63M | -$3M | — | — | -$43M | -$40M | -$47M |
| Interest expense | $21M | $26M | $27M | $27M | $33M | $38M | $30M | $28M | $32M | — |
| Pre-tax income | $49M | -$3M | -$20M | $29M | -$39M | $65M | $54M | -$43M | -$39M | -$45M |
| Income tax | $13M | -$13M | -$6M | $9M | -$14M | $21M | $50M | -$5M | -$6M | -$6M |
| Net income | $25M | $4M | $24M | $18M | -$29M | $38M | -$8M | $14M | $53M | $35M |
| EPS (diluted) | — | — | $0.69 | $0.50 | -$0.86 | $1.09 | -$0.23 | $0.34 | $1.34 | $0.76 |
| Diluted shares | — | — | 35M | 35M | 34M | 34M | 36M | 37M | 37M | 38M |
| Operating margin | 12.6% | 2.6% | 1.7% | 8.2% | -0.4% | — | — | -2051.8% | -2649.6% | -9574.6% |
| Net margin | 5.0% | 0.6% | 3.8% | 2.4% | -3.6% | 3.2% | -0.6% | 658.7% | 3511.0% | 7157.2% |
Balance sheet
Fiscal years, from TIPT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $50M | $111M | $86M | $133M | $137M | $176M | $538M | $469M | $34M | $52M |
| Total current assets | — | — | — | — | — | — | — | — | $38M | $55M |
| Property, plant and equipment | $6M | $4M | $6M | $12M | $16M | $15M | $22M | $30M | $8M | $6M |
| Goodwill | $93M | $92M | $92M | $99M | $179M | $179M | $187M | $206M | $207M | — |
| Total assets | $2.9B | $2.0B | $1.9B | $2.2B | $3.0B | $3.6B | $4.0B | $5.1B | $5.7B | $6.8B |
| Total current liabilities | — | — | — | — | — | — | — | — | $16M | $29M |
| Long-term debt | — | — | — | — | — | — | — | — | $0 | $64M |
| Total liabilities | $2.5B | $1.6B | $1.5B | $1.8B | $2.6B | $3.2B | $3.5B | $4.6B | $5.0B | $6.1B |
| Shareholders' equity | $293M | $300M | $387M | $398M | $356M | $383M | $397M | $417M | $458M | $509M |
| Net debt | -$50M | -$111M | -$86M | -$133M | -$137M | -$176M | -$538M | -$469M | -$19M | $33M |
Cash flow
Fiscal years, from TIPT's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $37M | $47M | $58M | $24M | $140M | $204M | $463M | $71M | $241M | $168M |
| Capital spending | $1M | $2M | $4M | $9M | $7M | $3M | $11M | $4M | $33,000 | $0 |
| Free cash flow | $35M | $45M | $54M | $15M | $133M | $202M | $452M | $67M | $241M | $168M |
| Stock-based compensation | $3M | $7M | $7M | $6M | $8M | $11M | $10M | $6M | $9M | $11M |
| Dividends paid | $3M | $3M | $5M | $6M | $6M | $5M | $8M | $7M | $18M | $9M |
| Share buybacks (net) | -$44M | -$7M | -$14M | -$9M | -$14M | -$8M | -$2M | $0 | $0 | — |
| Net borrowing | $2.1B | $1.9B | $1.6B | $2.2B | $3.4B | $4.1B | $2.4B | $0 | $0 | $74M |
| Free cash flow margin | 6.9% | 7.8% | 8.6% | 2.0% | 16.5% | 16.8% | 32.4% | 3180.2% | 15837.0% | 34470.9% |
| Dividends per share | — | — | $0.14 | $0.16 | $0.16 | $0.16 | $0.22 | $0.20 | $0.50 | $0.24 |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for TIPT.
Open TIPT in InvestinglyQuestions
What was TIPT's revenue in 2025?
$488,000 in fiscal 2025, from its 10-K filing.
How much free cash flow does TIPT generate?
$168M in fiscal 2025 (operating cash flow minus capital spending).
From TIPT's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.