Financial Statements

TESSCO Technologies Incorporated (TESS)


-0.03 (-0.72%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 977104105-
Net Income -3-9-2265
Stock Dividends --59--106
Dividend Paid ---5-7-7
Retained Earnings 7977104105

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 24271514-
Annual Depreciation 5819717
Capital Expenditure -10-12-7-5-4
Net PPE 2024271514

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -1212--
New Purchases -----
Intangible and Goodwill 1212---

TESSCO Technologies Incorporated income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes TESSCO Technologies Incorporated FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.