Tactile Systems Technology Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 11.74
Dividend & YieldN/A$ (N/A)
Beta 1.34
Market capitalization 170.91M
Operating cash flow 6.96M
ESG Scores unknown

Company description

Tactile Systems Technology, Inc., a medical technology company, engages in the development and provision of medical devices for chronic diseases in the United States. The company offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema; Entre system, a portable pneumatic compression device that is used for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers; and AffloVest, a portable high frequency chest wall oscillation test for the treatment of retained pulmonary secretions such as bronchiectasis, cystic fibrosis, and various neuromuscular disorders. The company was incorporated in 1995 and is headquartered in Minneapolis, Minnesota.

Sector: Healthcare - Industry: Medical Devices

Financial Ratios
Quick Ratio2.74
Working Capital-0.15
Return On Equity-0.09
Debt To Equity0.4
Fixed Asset Ratio0.26
Fixed Interest Cover-3.32

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 690k -1.39M 337k 826k
Total Cashflows From Investing Activities -14.73M -2.33M 20.18M -82.18M
Net Borrowings 55M 55M 55M 55M
Total Cash From Financing Activities 1.85M 2.5M 2.11M 59.93M
Change To Operating Activities 1.14M -6.58M -4.98M -3.34M
Issuance Of Stock 4.23M 5.89M 3.97M 6.29M
Net Income 6.62M 10.97M -620k -11.81M
Change In Cash -3.87M 2.67M 25.09M -19.63M
Effect Of Exchange Rate
Total Cash From Operating Activities 9.01M 2.51M 2.79M 2.63M
Depreciation 3.74M 3.54M 2.79M 3.68M
Change To Account Receivables -6.71M -9.11M -10.4M -5.63M
Other Cashflows From Financing Activities -188k -188k -188k -188k
Change To Netincome 4.23M 10.53M 13.38M 20.22M
Capital Expenditures -4.2M -5.45M -2.06M -2.1M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 5.29M 5.17M 5.26M 5.66M
Income Before Tax 3.48M 11.13M -2.26M -2.29M
Net Income 6.62M 10.97M -620k -11.81M
Selling General Administrative 92.18M 117.22M 127.38M 143.58M
Gross Profit 102.26M 134.24M 133.21M 148.21M
Ebit 4.79M 11.65M 372k -1.76M
Operating Income 4.79M 11.65M 372k -1.76M
Interest Expense -531k -531k -531k -531k
Income Tax Expense -3.15M 158k -1.64M 9.52M
Total Revenue 143.75M 189.49M 187.13M 208.06M
Cost Of Revenue 41.49M 55.26M 53.92M 59.84M
Total Other Income ExpenseNet -1.31M -517k -2.63M -531k
Net Income From Continuing Ops 6.62M 10.97M -620k -11.81M
Net Income Applicable To Common Shares 6.62M 10.97M -620k -11.81M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 17.8M 39.16M 49.34M 116.04M
Total Stockholder Equity 89.27M 112.59M 124.75M 128.23M
Other Current Liabilities 2.13M 3.95M 6.11M 8.42M
Total Assets 107.07M 151.75M 174.09M 244.27M
Common Stock 19k 19k 19k 20k
Other Current Assets
Retained Earnings 9.71M 20.68M 20.06M 8.24M
Treasury Stock -8k 26k
Cash 20.1M 22.77M 47.85M 28.23M
Total Current Liabilities 16.08M 21.43M 26.71M 34.46M
Other Stockholder Equity -8k 26k
Property, Plant, and Equipment 4.81M 23.29M 27.09M 30.73M
Total Current Assets 84.96M 108.33M 123.61M 113.55M
Net Tangible Assets 83.93M 107.28M 123.07M 43.08M
Net Receivables 26.12M 41.59M 54.56M 61.96M
Accounts Payable 5.11M 3.84M 4.2M 5.02M


Insider Transactions

Here are the insider transactions of stock shares related to Tactile Systems Technology Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
REUVERS DANIEL LSale at price 9.18 per share.D2022-08-08Chief Executive Officer1.02k
BURKE WILLIAM WPurchase at price 9.15 per share.D2022-08-04Director4.9k
BURKE WILLIAM WSale at price 10.12 per share.D2022-05-19Director1.1k
HUGGENBERGER RAYMOND OStock Award(Grant) at price 0.00 per share.D2022-05-09Director12.1k
BURKE WILLIAM WStock Award(Grant) at price 0.00 per share.D2022-05-09Director12.1k
SHAFER DAVID BRENTStock Award(Grant) at price 0.00 per share.D2022-05-09Director12.1k
DODD SHERI LOUISEStock Award(Grant) at price 0.00 per share.D2022-05-09Director12.1k
JAIN DEEPTIStock Award(Grant) at price 0.00 per share.D2022-05-09Director12.1k
ASBURY VALERIE L.Stock Award(Grant) at price 0.00 per share.D2022-05-09Director12.1k
BURNS KRISTIESale at price 13.04 per share.D2022-05-06Officer999
PAULS ERICSale at price 13.03 per share.D2022-05-06Officer600
MOEN BRENTSale at price 20.64 per share.D2022-03-07Chief Financial Officer176
MOEN BRENTSale at price 20.33 per share.D2022-03-01Chief Financial Officer1.63k
REUVERS DANIEL LSale at price 19.78 per share.D2022-02-28Chief Executive Officer877
MOEN BRENTSale at price 19.84 per share.D2022-02-28Chief Financial Officer624
REUVERS DANIEL LStock Award(Grant) at price 0.00 per share.D2022-02-24Chief Executive Officer53.94k
MOEN BRENTStock Award(Grant) at price 0.00 per share.D2022-02-24Chief Financial Officer29.13k
SHAFER DAVID BRENTStock Award(Grant) at price 0.00 per share.D2022-02-24Director2.44k
BURNS KRISTIEStock Award(Grant) at price 0.00 per share.D2022-02-24Officer16.18k
PAULS ERICStock Award(Grant) at price 0.00 per share.D2022-02-24Officer12.94k
ASBURY VALERIE L.Stock Award(Grant) at price 0.00 per share.D2022-02-24Director2.44k
ROCHE KEVIN HConversion of Exercise of derivative security at price 0.68 - 21.68 per share.D2021-10-01Director25.75k
REUVERS DANIEL LSale at price 43.11 per share.D2021-08-06Chief Executive Officer1.06k
REUVERS DANIEL LSale at price 49.75 per share.D2021-07-07Chief Executive Officer2.96k
BURKE WILLIAM WSale at price 55.00 per share.D2021-06-24Director6.76k
BURKE WILLIAM WConversion of Exercise of derivative security at price 10.00 - 21.68 per share.D2021-06-24Director7.76k
ROCHE KEVIN HStock Award(Grant) at price 0.00 per share.D2021-05-17Director2.49k
HUGGENBERGER RAYMOND OStock Award(Grant) at price 0.00 per share.D2021-05-17Director2.49k
NIGON RICHARD JStock Award(Grant) at price 0.00 per share.D2021-05-17Director2.49k
BURKE WILLIAM WStock Award(Grant) at price 0.00 per share.D2021-05-17Director2.49k
SODERBERG PETER HStock Award(Grant) at price 0.00 per share.D2021-05-17Director2.49k
DODD SHERI LOUISEStock Award(Grant) at price 0.00 per share.D2021-05-17Director2.49k
JAIN DEEPTIStock Award(Grant) at price 0.00 per share.D2021-05-17Director2.49k
BURKE WILLIAM WSale at price 52.08 per share.D2021-05-13Director800
BURNS KRISTIEStock Award(Grant) at price 0.00 per share.D2021-05-05Officer6.78k
PAULS ERICStock Award(Grant) at price 0.00 per share.D2021-05-05Officer5.96k
MOEN BRENTSale at price 47.33 per share.D2021-03-05Chief Financial Officer174
RISHE BRYAN FSale at price 47.15 per share.D2021-03-05Officer196
MOEN BRENTSale at price 50.91 per share.D2021-02-26Chief Financial Officer1.43k
RISHE BRYAN FSale at price 50.90 per share.D2021-02-26Officer1.06k
REUVERS DANIEL LStock Award(Grant) at price 0.00 per share.D2021-02-25Chief Executive Officer7.27k
MOEN BRENTStock Award(Grant) at price 0.00 per share.D2021-02-25Chief Financial Officer5.17k
RISHE BRYAN FStock Award(Grant) at price 0.00 per share.D2021-02-25Officer2.26k
DODD SHERI LOUISEStock Award(Grant) at price 0.00 per share.D2021-02-25Director855
JAIN DEEPTIStock Award(Grant) at price 0.00 per share.D2021-02-25Director855
BURKE WILLIAM WSale at price 45.13 per share.D2021-01-04Director1.5k
BURKE WILLIAM WConversion of Exercise of derivative security at price 10.00 per share.D2021-01-04Director1.5k
SODERBERG PETER HStock Award(Grant) at price 44.94 per share.D2020-12-31Director250

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Tactile Systems Technology Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Tactile Systems Technology Inc

Here is the result of two systematic investment strategies applied to Tactile Systems Technology Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Tactile Systems Technology Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Tactile Systems Technology Inc:

Tactile Systems Technology Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -2.57% on the backtest period.

Performance at glance

Performance

-2.57 %

Latent gain

-59.4 $

Invested capital

2307.4 $

Annualized return

-0.62 %
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Momentum strategy results on Tactile Systems Technology Inc

This is the result of two momentum investment strategies applied to Tactile Systems Technology Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Tactile Systems Technology Inc

The following chart shows all the entries opened by the momentum investment system on Tactile Systems Technology Inc:

Tactile Systems Technology Inc momentum entries
  • The first momentum investment strategy would give 15.13% of return on Tactile Systems Technology Inc. That represents 649.97$ of latent gain with 4295.63$ of employed capital.
  • The second momentum investment strategy would give -2.32% of return on Tactile Systems Technology Inc. That represents -73.59$ of latent gain with 3175.83$ of employed capital.
Performance at glance (1Q Momentum)

Performance

15.13 %

Latent gain

649.97 $

Invested capital

4295.63 $

Annualized return

-4.51 %
Performance at glance (2Q Momentum)

Performance

-2.32 %

Latent gain

-73.59 $

Invested capital

3175.83 $

Annualized return

-0.63 %

Momentum equity curve on Tactile Systems Technology Inc

The following chart shows the equity curve of the two momentum strategies applied to Tactile Systems Technology Inc:

Tactile Systems Technology Inc momentum equity

Note: the dividends potentially given by Tactile Systems Technology Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Tactile Systems Technology Inc

The following chart shows the employed capital evolution of the two momentum strategies on Tactile Systems Technology Inc since the beginning:

Tactile Systems Technology Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Tactile Systems Technology Inc

Buy the dip entry openings on Tactile Systems Technology Inc

Tactile Systems Technology Inc

The performance achieved by the robo-advisor on Tactile Systems Technology Inc is -9.66%. That represents -120.17$ of latent gain with 1244.17$ of employed capital. The following chart shows Tactile Systems Technology Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Tactile Systems Technology Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-9.66 %

Latent gain

-120.17 $

Invested capital

1244.17 $

Annualized return

-4.51 %

Equity curve of the strategy applied to Tactile Systems Technology Inc

The following chart shows the result of the investment strategy applied to Tactile Systems Technology Inc:

Tactile Systems Technology Inc

Note: the dividends potentially given by Tactile Systems Technology Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Tactile Systems Technology Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Tactile Systems Technology Inc:

Tactile Systems Technology Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Tactile Systems Technology Inc

In this section, I will compare the three previous investment strategies applied to Tactile Systems Technology Inc.

Equity curve comparison on Tactile Systems Technology Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Tactile Systems Technology Inc investment strategy comparison

Employed capital comparison on Tactile Systems Technology Inc

Tactile Systems Technology Inc investment comparison

Performance comparison on Tactile Systems Technology Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -2.57% -59.4$ 2307.4$ -0.62%
Momentum 1 quarter 15.13% 649.97$ 4295.63$ 3.88%
Momentum 2 quarters -2.32% -73.59$ 3175.83$ -0.63%
Non-directional -9.66% -120.17$ 1244.17$ -4.51%
Annualized return comparison

Automatic investment

-0.62 %

Momentum 1Q

-0.63 %

Momentum 2Q

-0.63 %

Non-directional

-4.51 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Tactile Systems Technology Inc:


Company information

Company name Tactile Systems Technology Inc
Country United States
City Minneapolis
Address 3701 Wayzata Boulevard
Phone 612 355 5100
Website www.tactilemedical.com
FullTime employees 988
Industry Medical Devices
Sector Healthcare
Exchange XNAS
Ticker TCMD
Market www.nasdaq.com

Tactile Systems Technology Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown