TRIB (TRIB) financial statements
TRIB reported revenue of $62M in fiscal 2024, down 5.3% a year over 9 years.
Net income was -$32M and the operating margin -34.4%, against 13.5% in 2015.
Free cash flow was -$14M.
The diluted share count rose 228% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from TRIB's 10-K filings with the SEC.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $100M | $100M | $99M | $97M | $90M | $102M | $81M | $63M | $57M | $62M |
| Cost of revenue | $54M | $56M | $57M | $56M | $52M | $53M | $48M | $45M | $37M | $40M |
| Gross profit | $47M | $43M | $42M | $41M | $38M | $49M | $33M | $17M | $19M | $21M |
| Research and development | $5M | $5M | $6M | $5M | $5M | $5M | $4M | $4M | $4M | $5M |
| Selling, general and admin | $28M | $30M | $32M | $29M | $28M | $26M | $23M | $27M | $31M | $29M |
| Operating income | $14M | -$40M | -$38M | -$20M | -$24M | $82,000 | $4M | -$19M | -$27M | -$21M |
| Interest expense | $4M | $5M | $5M | $5M | $7M | $7M | $7M | $25M | $11M | $10M |
| Pre-tax income | $23M | -$42M | -$40M | -$23M | -$30M | -$7M | -$2M | -$44M | -$37M | -$31M |
| Income tax | $756,000 | -$4M | -$1M | -$525,000 | -$1M | -$620,000 | -$74,000 | -$194,000 | -$59,000 | $486,000 |
| Net income | $22M | -$101M | -$40M | -$22M | -$29M | -$6M | $875,000 | -$41M | -$24M | -$32M |
| Diluted shares | 110M | 113M | 108M | 104M | 102M | 38M | 37M | 80M | 153M | 359M |
| Gross margin | 46.4% | 43.7% | 42.3% | 42.7% | 42.2% | 47.6% | 41.2% | 27.6% | 34.2% | 34.8% |
| Operating margin | 13.5% | -40.0% | -38.0% | -20.8% | -26.7% | 0.1% | 4.9% | -30.9% | -47.6% | -34.4% |
| Net margin | 21.8% | -101.0% | -40.6% | -22.8% | -32.0% | -6.3% | 1.1% | -65.6% | -42.3% | -51.6% |
Balance sheet
Fiscal years, from TRIB's 10-K filings with the SEC.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $102M | $77M | $58M | $30M | $15M | $27M | $26M | $7M | $4M | $5M |
| Receivables | — | $23M | $21M | $24M | $21M | $23M | $16M | $16M | $14M | $16M |
| Inventory | — | $33M | $33M | $30M | $32M | $30M | $29M | $23M | $20M | $19M |
| Total current assets | — | $133M | $113M | $87M | $71M | $83M | $73M | $47M | $39M | $41M |
| Property, plant and equipment | — | $13M | $6M | $5M | $9M | $9M | $6M | $6M | $2M | $5M |
| Total assets | — | $250M | $193M | $152M | $131M | $130M | $119M | $92M | $59M | $103M |
| Total current liabilities | — | $25M | $21M | $18M | $19M | $27M | $100M | $17M | $15M | $32M |
| Long-term debt | $92M | $92M | $93M | $81M | $82M | $83M | $83M | $210,000 | $210,000 | $210,000 |
| Total liabilities | — | $141M | $128M | $108M | $126M | $133M | $119M | $94M | $83M | $138M |
| Shareholders' equity | $214M | $109M | $65M | $44M | $5M | -$2M | -$319,000 | -$2M | -$24M | -$35M |
| Net debt | -$10M | $15M | $35M | $51M | $67M | $55M | $141M | -$6M | -$3M | -$5M |
Cash flow
Fiscal years, from TRIB's 10-K filings with the SEC.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $13M | $10M | $9M | $7M | $5M | $24M | $13M | -$921,000 | -$12M | -$4M |
| Capital spending | $27M | $21M | $15M | $17M | $12M | $10M | $9M | $6M | $3M | $10M |
| Free cash flow | -$13M | -$11M | -$6M | -$10M | -$6M | $14M | $5M | -$7M | -$14M | -$14M |
| Stock-based compensation | $2M | $1M | $928,000 | $1M | $758,000 | $792,000 | $1M | $2M | $2M | $1M |
| Dividends paid | -$5M | — | — | — | — | — | — | — | — | — |
| Share buybacks (net) | — | -$9M | -$8M | -$434,000 | — | — | — | — | — | — |
| Net borrowing | — | — | — | — | $0 | $5M | $2M | -$34M | -$10M | $30M |
| Free cash flow margin | -13.4% | -10.6% | -5.9% | -10.5% | -7.1% | 13.3% | 5.6% | -11.0% | -25.1% | -23.2% |
| Dividends per share | $0.05 | — | — | — | — | — | — | — | — | — |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for TRIB.
Open TRIB in InvestinglyQuestions
What was TRIB's revenue in 2024?
$62M in fiscal 2024, from its 10-K filing.
How much free cash flow does TRIB generate?
-$14M in fiscal 2024 (operating cash flow minus capital spending).
From TRIB's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.