Company Information

  

Address: 1331 TYLER STREET NE STE 200  
City: MINNEAPOLIS 
State: MN 
Zip Code: 55413 
Telephone: 866-435-3948 

Description of Business

Primary SIC Code: 3841
(As filed with the SEC)  

Tactile Systems Technology, Inc. ("we," "us," and "our") is a medical technology company that develops and provides innovative medical devices for the treatment of chronic diseases at home. We focus on advancing the standard of care in treating chronic diseases in the home setting to improve patient outcomes and quality of life and help control rising healthcare expenditures. We possess a unique, scalable platform to deliver at-home healthcare solutions throughout the United States. This evolving care delivery model is recognized by policy-makers and payers as a key for controlling rising healthcare expenditures. Our initial area of therapeutic focus is vascular disease, with a goal of advancing the standard of care in treating lymphedema and chronic venous insufficiency. Our proprietary Flexitouch System is an at-home solution for lymphedema patients.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20170.46NA67.28
06/20170.57NA50.14
03/20170.54NA35.09
12/20160.15NA109.40

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.05Total Liab/Total Assets0.19
Net Inc/Total Assets0.04Total Liab/Inv Cap0.24
Net Inc/Inv Cap0.05Total Liab/Comm Equity0.23
Pretax Inc/Net Sales0.05Interest Coverage RatioNA
Net Inc/Net Sales0.03Curr Debt/EquityNA
Cash Flow/Net Sales0.08LTD/EquityNA
SG&A/NetSales0.63Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover5.47Quick Ratio4.18
Inventory Turnover3.72Current Ratio4.66
Inventory Day Sales0.01Net Rec/Curr Assets0.23
Net Sales/Work Cap1.68Inv/Curr Assets0.10
Net Sales/PP&E54.09  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 28.28 26.26 19.85 28.48
Cost of Goods Sold 7.53 7.03 5.62 7.52
Selling & Admin Exps 18.47 17.04 16.04 16.50
Operating Income 1.17 0.73 -2.93 3.29
Interest Exp NA NA NA NA
Pretax Income 1.26 0.79 -2.88 3.31
Other Income 0.09 0.06 0.06 0.02
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 1.34 3.79 -1.50 2.38

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 41.65 39.10 40.74 41.70
Receivables - Total 19.35 17.35 11.98 15.00
Inventories - Total 9.78 9.63 6.93 6.55
Total Current Assets 71.71 66.79 60.52 64.23
Net Property, Plant & Equipment 3.35 2.85 2.27 1.56
Total Assets 83.08 77.89 70.85 73.94
Liabilities        
Accounts Payable 13.72 11.06 11.07 13.73
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 13.97 11.09 11.11 13.79
Long-Term Debt NA NA NA NA
Total Liabilities 14.61 11.70 11.68 14.30
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.02 0.02 0.02 0.02
Retained Earnings 0.85 -0.49 -4.28 -2.77
Treasury Stock -0.49 -0.49 NA NA
Total Stockholders' Equity 68.47 66.19 59.17 59.64
Total Liabilities and Stockholders' Equity 83.08 77.89 70.85 73.94

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 3.05 -2.70 -0.32 2.70
Net Cash Provided by Investing Activities -1.46 -1.98 -9.76 -11.30
Net Cash Provided by Financing Activities -0.03 2.06 0.09 0.01

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201447.742.07--
12/201562.871.39--
12/201684.542.880.15
Growth Rates33.0817.93--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1711912,87372.73




Report Date : 12/11/2017

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