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TESSCO TECHNOLOGIES INC

EDGAR
TESS Annual report amendment (10-K/A) · filed 2023-06-07

127 filing records in this dataset, filed from 1996-06-27 to 2023-06-07. Reported financial figures are available; chart coverage varies by period.

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Watchlist

Latest quarter

Revenue

115 million Unit_Standard_USD_Imq_yNN190ewulg508RSlQ

2022-12-25 · Unit_Standard_USD_Imq_yNN190ewulg508RSlQ

Exact inputs and evidence
  • Revenue: 114880000 Unit_Standard_USD_Imq_yNN190ewulg508RSlQ Source

Operating margin

0.85%

2022-12-25 · %

Exact inputs and evidence
  • Operating Income: 975300 Unit_Standard_USD_Imq_yNN190ewulg508RSlQ Source
  • Revenue: 114880000 Unit_Standard_USD_Imq_yNN190ewulg508RSlQ Source
Cash and cash equivalents
777 thousand Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew Source
Exact value

777200 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

Long-term debt including current maturities
29.6 thousand Unit12 Source
Exact value

29600 Unit12

Shares outstanding
9.25 million Unit_Standard_shares_RgRDIYpTmUWdW1iqKngQng Source
Exact value

9249397 Unit_Standard_shares_RgRDIYpTmUWdW1iqKngQng

Reported share-count change

2.84% · 255 thousand Unit_Standard_shares_RgRDIYpTmUWdW1iqKngQng

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 8994249 Unit_Standard_shares_RgRDIYpTmUWdW1iqKngQng · 2022-03-27· Source
  • 9249397 Unit_Standard_shares_RgRDIYpTmUWdW1iqKngQng · 2023-03-26· Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2023-06-07.

Financial data available through: 2023-03-26.

Coverage by financial measure
  • Revenue: 3 of 11 periods available· newest 2023-03-26
  • Operating income: 3 of 11 periods available· newest 2023-03-26
  • Net income: 3 of 11 periods available· newest 2023-03-26
  • Operating cash flow: 3 of 11 periods available· newest 2023-03-26
  • Capital expenditure: 3 of 11 periods available· newest 2023-03-26
  • Total assets: 2 of 11 periods available· newest 2023-03-26
  • Total liabilities: 2 of 11 periods available· newest 2023-03-26
  • Current assets: 2 of 11 periods available· newest 2023-03-26
  • Current liabilities: 2 of 11 periods available· newest 2023-03-26
  • Cash and cash equivalents: 2 of 11 periods available· newest 2023-03-26
  • Long-term debt including current maturities: 3 of 11 periods available· newest 2018-04-01
  • Shares outstanding: 2 of 11 periods available· newest 2023-03-26

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +8.3%

    Prior period

    Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 417.55 million

    –

    Current period

    Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 452.07 million

    –

    Exact inputs and evidence

    452065000 − 417545000 = 34520000 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

    417545000 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew · 2021-03-29 – 2022-03-27

    Inspect prior input Prior source

    452065000 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew · 2022-03-28 – 2023-03-26

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  • Net income

    −Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 1.65 million

    Prior period

    −Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 2.7 million

    –

    Current period

    −Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 4.35 million

    –

    Exact inputs and evidence

    -4347000 − -2700800 = -1646200 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

    -2700800 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew · 2021-03-29 – 2022-03-27

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    -4347000 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew · 2022-03-28 – 2023-03-26

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  • Operating cash flow

    −Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 9.46 million

    Prior period

    −Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 2.5 million

    –

    Current period

    −Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 11.96 million

    –

    Exact inputs and evidence

    -11959000 − -2495800 = -9463200 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

    -2495800 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew · 2021-03-29 – 2022-03-27

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    -11959000 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew · 2022-03-28 – 2023-03-26

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  • Capital expenditure

    +65.3%

    Prior period

    Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 9.5 million

    –

    Current period

    Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 15.71 million

    –

    Exact inputs and evidence

    15708500 − 9500800 = 6207700 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

    9500800 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew · 2021-03-29 – 2022-03-27

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    15708500 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew · 2022-03-28 – 2023-03-26

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2023 2022-03-28 – 2023-03-26

  • Revenue Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 452.07 million 100% of revenue
  • Operating costs Derived Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 454.18 million 100% of revenue
  • Operating income −Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 2.11 million −0.5% of revenue
  • Tax, interest and other Derived Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 2.23 million 0.5% of revenue
  • Net income −Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 4.35 million −1% of revenue

Cash

  • Operating cash flow −Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 11.96 million −2.6% of revenue
  • Capital expenditure Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 15.71 million 3.5% of revenue
  • Free cash flow Derived −Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 27.67 million −6.1% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2021 Operating loss: operating costs were 105% of revenue.
  • 2022 Operating loss: operating costs were 101% of revenue.
  • 2023 Operating loss: operating costs were 100% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2021 2020-03-30 – 2021-03-28373341000 391132500 Derived -17791500 -9048600 Derived -8742900 -12540100 Derived
Source
2022 2021-03-29 – 2022-03-27417545000 421051500 Derived -3506500 -805700 Derived -2700800 -11996600 Derived
Source
2023 2022-03-28 – 2023-03-26452065000 454178500 Derived -2113500 2233500 Derived -4347000 -27667500 Derived
Source

Amounts are exact, in Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 452.1M 2023
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.488.2M366.2M244.1M122.1M0.0202120222023
Values and sources
Revenue values and source evidence
PeriodSeriesValue(Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew)Source evidence
2021Revenue373341000
2022Revenue417545000
2023Revenue452065000

Revenue growth

Change in revenue from the same financial period one year earlier.

8.3% 2023
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.12.8%9.6%6.4%3.2%0.0%202120222023
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2021Year over yearNo prior comparable period
2022Year over year11.8%
2023Year over year8.3%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -0.5% 2023
Net margin -1% 2023
Free cash flow margin -6.1% 2023
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.0.5%-1.3%-3.1%-4.8%-6.6%202120222023
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2021Operating margin-4.8%
2022Operating margin-0.8%
2023Operating margin-0.5%
2021Net margin-2.3%
2022Net margin-0.6%
2023Net margin-1%
2021Free cash flow margin-3.4%
2022Free cash flow margin-2.9%
2023Free cash flow margin-6.1%

Operating cash flow

Cash generated by the company’s normal business operations.

Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew -12M 2023
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.956.7K-2.5M-6.0M-9.4M-12.9M202120222023
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew)Source evidence
2021Operating cash flow-684200
2022Operating cash flow-2495800
2023Operating cash flow-11959000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew -27.7M 2023
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.2M-5.8M-13.8M-21.9M-29.9M202120222023
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew)Source evidence
2021Free cash flow-12540100
2022Free cash flow-11996600
2023Free cash flow-27667500

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

68.6% 2023
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.74%56%37%19%0%2021-03-2820222023
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2021-03-28Liabilities / assetsNot reportedNo source recorded
2022Liabilities / assets62.5%
2023Liabilities / assets68.6%

Current assets to current liabilities

Current assets divided by current liabilities.

1.98× 2023
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.13×1.60×1.07×0.53×0.00×2021-03-2820222023
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2021-03-28Current assets / current liabilitiesNot reportedNo source recorded
2022Current assets / current liabilities1.85×
2023Current assets / current liabilities1.98×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2021 2020-03-30 – 2021-03-28
−Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 8.74 million
Exact value

Exact value: -8742900 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

2020-03-30 – 2021-03-28: -8742900 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew Inspect Net Income Open source
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−Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 684,200
Exact value

Exact value: -684200 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

2020-03-30 – 2021-03-28: -684200 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew Inspect Operating Cash Flow Open source
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Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 11.86 million
Exact value

Exact value: 11855900 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

2020-03-30 – 2021-03-28: 11855900 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew Inspect Capital Expenditure Open source
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−Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 12.54 million
Calculation and evidence

-684200 − 11855900 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

Exact free cash flow: -12540100 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

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2022 2021-03-29 – 2022-03-27
−Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 2.7 million
Exact value

Exact value: -2700800 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

2021-03-29 – 2022-03-27: -2700800 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew Inspect Net Income Open source
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−Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 2.5 million
Exact value

Exact value: -2495800 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

2021-03-29 – 2022-03-27: -2495800 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew Inspect Operating Cash Flow Open source
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Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 9.5 million
Exact value

Exact value: 9500800 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

2021-03-29 – 2022-03-27: 9500800 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew Inspect Capital Expenditure Open source
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−Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 12 million
Calculation and evidence

-2495800 − 9500800 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

Exact free cash flow: -11996600 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

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2023 2022-03-28 – 2023-03-26
−Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 4.35 million
Exact value

Exact value: -4347000 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

2022-03-28 – 2023-03-26: -4347000 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew Inspect Net Income Open source
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−Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 11.96 million
Exact value

Exact value: -11959000 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

2022-03-28 – 2023-03-26: -11959000 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew Inspect Operating Cash Flow Open source
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Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 15.71 million
Exact value

Exact value: 15708500 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

2022-03-28 – 2023-03-26: 15708500 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew Inspect Capital Expenditure Open source
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−Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew 27.67 million
Calculation and evidence

-11959000 − 15708500 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

Exact free cash flow: -27667500 Unit_Standard_USD_IJNnbeOzgESLKwxPICrcew

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

127 filings · 7,475 latest values · 7,475 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000927355, 927355, TESS, edgar:927355

Also known as TESSCO TECHNOLOGIES INC, TESSCO TECHNOLOGIES INC , TESSCO Technologies Incorporated