TESSCO TECHNOLOGIES INC
Industrials · Wholesale-Electronic Parts & Equipment, NEC · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $452.1M | $417.5M | $373.3M | $409.0M | $419.0M | $580.3M |
| Operating income | −$2.1M | −$3.5M | −$17.8M | −$22.0M | −$10.9M | $7.9M |
| Net income | −$4.3M | −$2.7M | −$8.7M | −$21.6M | $5.5M | $5.2M |
| Total assets | $232.6M | $202.5M | $189.1M | $208.7M | $206.5M | $199.4M |
| Total liabilities | $159.5M | $126.6M | $112.3M | $125.0M | $97.7M | $91.4M |
| Equity | $73.1M | $75.9M | $76.8M | $83.7M | $108.8M | $108.1M |
| EPS (diluted) | $-0.47 | $-0.30 | $-1.01 | $-2.53 | $0.65 | $0.61 |
| Shares out. | 9.2M | 9.0M | 8.9M | 8.6M | 8.5M | 8.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- −0.5%
- Net margin
- −1.0%
- Return on equity
- −5.9%
- Return on assets
- −1.9%
- Return on capital (ROCE)
- −1.4%
- Liabilities / assets
- 68.6%
- Debt / equity
- 2.18×
- Book value / share
- $7.90
- Revenue growth (YoY)
- 8.3%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Altman Z″ (distress)
- 2.75safe
- Accruals / assets
- 3.3%clean
- Beneish M-Score
- -2.36normal
- Piotroski F-Score
- 2/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 warning● 3 good- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Spitulnik AricOfficer — CFO AND SENIOR VICE PRESIDENT | Jul 17, 2023 | D | 62,417.4 | — |
| Ridgley TammyOfficer — SENIOR VICE PRESIDENT | Jul 17, 2023 | D | 13,262.734 | — |
| Lowe ThadOfficer — SENIOR VICE PRESIDENT | Jul 17, 2023 | D | 5,088.427 | — |
| Brewer Matthew WDirector | Jul 17, 2023 | D | 750 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Completed an acquisition or disposition · New financial obligation · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventJul 18, 2023
- Shareholder voteJul 14, 2023
- Other material eventJul 13, 2023
- Results of operationsMay 26, 2023
- Entered a material agreement · Regulation FD disclosureApr 12, 2023
- Director / officer changeMar 24, 2023
- Results of operationsFeb 7, 2023
- Results of operationsJan 25, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.