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TSS, Inc. engages in the planning, design, deployment, maintenance, and refresh of end-user and enterprise systems in the United States. The company operates through three segments: Procurement, Facilities Management, and Systems Integration. The company offers IT equipment deployment services, including client products, enterprise products, clusters, and modular containers; and second-touch configuration services for OEM and end-user customers, such as adding software, hardware, or other features to end-user devices, bundling such devices with peripherals, pre-loading customer-determined application software, tagging, asset capture, and other fulfillment services. It also provides consulting, deployment, and maintenance and management services. In addition, the company is involved in procuring third-party hardware and software, as well as provides professional services. The company serves IT OEM equipment, technology, and service companies; private sector businesses; and government or commercial end users. The company was formerly known as Fortress International Group, Inc. and changed its name to TSS, Inc. in June 2013. TSS, Inc. was incorporated in 2004 and is based in Georgetown, Texas.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $246M | $12M | $15M | $2M | 19.7% | 65.9% | 153.1% |
| 2024 | $148M | $7M | $6M | $7M | 83.7% | 172.3% | 7975.7% |
| 2023 | $54M | $0M | $0M | $-9M | 2.1% | 77.6% | - |
| 2022 | $31M | $1M | $-0M | $14M | -2.5% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 30.64 | 54.40 | 148.14 | 245.72 |
| Cost Of Revenue | 21.66 | 43.40 | 125.79 | 213.34 |
| Gross Profit | 8.98 | 11 | 22.35 | 32.38 |
| Operating Expense | 8.07 | 9.25 | 13.85 | 21.74 |
| Operating Income | 0.91 | 1.75 | 8.50 | 10.64 |
| EBITDA | 1.30 | 0.45 | 6.74 | 11.95 |
| EBIT | 0.91 | 0.13 | 6.13 | 8.18 |
| Pretax Income | -0.02 | 0.13 | 6.13 | 7.53 |
| Tax Provision | 0.06 | 0.06 | 0.16 | -7.59 |
| Net Income | -0.07 | 0.07 | 5.98 | 15.12 |
| Net Income Common Stockholders | -0.07 | 0.07 | 5.98 | 15.12 |
| Total Expenses | 29.72 | 52.65 | 139.64 | 235.08 |
| Interest Expense | 0.93 | 0 | 0 | 0.65 |
| Interest Income | 0 | 0.35 | 0.56 | 1.66 |
| Selling General And Administration | 7.68 | 8.93 | 13.24 | 20.65 |
| Normalized EBITDA | 1.30 | 0.45 | 6.74 | 12.61 |
| Normalized Income | -0.07 | 0.07 | 5.98 | 15.64 |
| Basic EPS | 0 | 0 | 0.27 | 0 |
| Diluted EPS | 0 | 0 | 0.24 | 0 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 | -0.14 |
| Tax Rate For Calcs | 0.21 | 0.21 | 0.03 | 0.21 |
| Total Unusual Items | 0 | 0 | 0 | -0.66 |
| Total Unusual Items Excluding Goodwill | 0 | 0 | 0 | -0.66 |
| Net Income From Continuing Operation Net Minority Interest | -0.07 | 0.07 | 5.98 | 15.12 |
| Reconciled Depreciation | 0.38 | 0.32 | 0.61 | 3.77 |
| Reconciled Cost Of Revenue | 21.66 | 43.40 | 125.79 | 210.66 |
| Net Interest Income | -0.93 | -1.62 | -2.17 | -2.65 |
| Net Income From Continuing And Discontinued Operation | -0.07 | 0.07 | 5.98 | 15.12 |
| Total Operating Income As Reported | 0.91 | 1.75 | 8.50 | 0 |
| Diluted Average Shares | 21.54 | 21.77 | 24.90 | 0 |
| Basic Average Shares | 21.54 | 21.77 | 22.13 | 0 |
| Diluted NI Availto Com Stockholders | -0.07 | 0.07 | 5.98 | 15.12 |
| Average Dilution Earnings | 0 | 0 | 0 | 0 |
| Net Income Including Noncontrolling Interests | -0.07 | 0.07 | 5.98 | 15.12 |
| Net Income Continuous Operations | -0.07 | 0.07 | 5.98 | 15.12 |
| Other Income Expense | 0.03 | 0 | -0.19 | -0.45 |
| Other Non Operating Income Expenses | 0.03 | 0 | -0.19 | 0.20 |
| Special Income Charges | 0 | 0 | 0 | -0.66 |
| Gain On Sale Of Ppe | 0 | 0 | 0 | -0.66 |
| Net Non Operating Interest Income Expense | -0.93 | -1.62 | -2.17 | -2.65 |
| Total Other Finance Cost | 0 | 1.97 | 2.74 | 3.66 |
| Interest Expense Non Operating | 0.93 | 0 | 0 | 0.65 |
| Interest Income Non Operating | 0 | 0.35 | 0.56 | 1.66 |
| Depreciation Amortization Depletion Income Statement | 0.38 | 0.32 | 0.61 | 1.09 |
| Depreciation And Amortization In Income Statement | 0.38 | 0.32 | 0.61 | 1.09 |
| Operating Revenue | 30.64 | 54.40 | 148.14 | 245.72 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| TSS, Inc.this co. | TSSI | $410M | 25.34↑ premium | 5.11 | 19.7% | 24.32 |
| OneSpan Inc. | OSPN | $426M | 6.11 | 1.58 | 26.8% | 6.04 |
| Priority Technology Holdings, Inc. | PRTH | $423M | 7.56 | -4.19 | -60.3% | 7.33 |
| Ribbon Communications Inc. | RBBN | $417M | 10.80 | 0.93 | 8.8% | 9.38 |
| Alight, Inc. | ALIT | $411M | - | 0.38 |
| -296.1% |
| 4.51 |
| TechTarget, Inc. | TTGT | $409M | - | 0.69 | -169.6% | 6.59 |
| PowerFleet, Inc. | AIOT | $409M | - | 0.84 | -11.4% | 8.19 |
| Digital Turbine, Inc. | APPS | $404M | - | 2.07 | -59.8% | 7.97 |
| Climb Global Solutions, Inc. | CLMB | $393M | 18.34 | 3.32 | 18.3% | 9.32 |
| Peer Median | - | 9.18 | 0.88 | -35.6% | 7.65 | |