What is TECHNICAL COMMUNICATIONS's earnings per share (EPS)?

TECHNICAL COMMUNICATIONS (TCCO) reported diluted earnings per share of -$1.26 for fiscal year 2022. This represents a -113.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

TECHNICAL COMMUNICATIONS (TCCO) Financials

TCCO

FY2022 annual

Revenue $1.3M -30.1% YoY

Net Income -$2.3M -114.2% YoY

EPS (Diluted) -$1.26 -113.6% YoY

Free Cash Flow -$2.3M +15.3% YoY

Market Cap $371 as of Sep 18, 2026

Price / Sales 0.0x on $354K revenue, trailing 12 months to June 24, 2023

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 24, 2023

Price / Book n/m negative shareholder equity, so no book multiple, Q3 FY2023

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 18, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2023, ended Jun 24, 2023 Reported Aug 8, 2023 Currency USD FYE September

Newest figures come from the 10-Q for Q3 FY2023, filed Aug 8, 2023. Each column of the statement tables below links to the filing it was taken from.

TECHNICAL COMMUNICATIONS (TCCO) reported $1.3M in revenue for fiscal year 2022, down 30.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI TCCO FY2022 2026-09-05

Financing has replaced operating self-funding as revenue contraction leaves gross profit too thin to support fixed costs.

In FY2019, reported net income of $631K coexisted with operating cash flow of -$373K, showing that profitability already depended on working-capital timing rather than cash conversion. By FY2022, losses and operating cash outflow converged at roughly -$2.3M, making the deterioration a cash-based operating problem, not merely an accounting result.

Revenue fell from $7.0M in FY2019 to $1.3M in FY2022, shrinking the base available to absorb operating costs. Gross margin collapsed from 47.8% to 1.1%, while the operating margin reached -208.4%; that combination points to fixed-cost absorption failure rather than a simple volume decline.

FY2022 liabilities of $3.9M exceeded assets of $2.0M, leaving the balance sheet with negative equity. Operating cash flow was -$2.3M while financing supplied $2.0M, indicating that external funding, not operations, provided the reported cash inflow that year.

Financial Health Signals

Financial health score not available

TECHNICAL COMMUNICATIONS does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Altman Z-Score Distress

-9.79

TECHNICAL COMMUNICATIONS scores -9.79, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($371) relative to total liabilities ($3.9M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Weak

2/9

TECHNICAL COMMUNICATIONS passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality No Cash Backing

N/A

TECHNICAL COMMUNICATIONS reported a net loss of $2.3M while operations used $2.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

TECHNICAL COMMUNICATIONS reported an operating loss of $2.7M against $130K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$35K

YoY-76.1%

QoQ+25.9%

5Y CAGR-47.9%

10Y CAGR-31.8%

TECHNICAL COMMUNICATIONS generated $35K in revenue in Q3 2023. This represents a decrease of 76.1% from the same quarter a year earlier. Against the prior quarter it is up 25.9%.

EBITDA

-$402K

YoY+50.0%

QoQ+29.3%

TECHNICAL COMMUNICATIONS's EBITDA was -$402K in Q3 2023, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 50.0% from the same quarter a year earlier. Against the prior quarter it is up 29.3%.

Net Income

-$466K

YoY+44.7%

QoQ+25.9%

TECHNICAL COMMUNICATIONS reported -$466K in net income in Q3 2023. This represents an increase of 44.7% from the same quarter a year earlier. Against the prior quarter it is up 25.9%.

EPS (Diluted)

-$0.25

YoY+44.4%

QoQ+26.5%

TECHNICAL COMMUNICATIONS earned -$0.25 per diluted share (EPS) in Q3 2023. This represents an increase of 44.4% from the same quarter a year earlier. Against the prior quarter it is up 26.5%.

Cash & Balance Sheet

Cash & Debt

$45K

YoY+22.8%

QoQ-77.2%

5Y CAGR-50.1%

10Y CAGR-31.3%

TECHNICAL COMMUNICATIONS held $45K in cash as of Q3 2023; long-term debt is not reported for that period.

Shares Outstanding

YoY0.0%

QoQ0.0%

5Y CAGR+0.1%

10Y CAGR+0.1%

TECHNICAL COMMUNICATIONS had 2M shares outstanding in Q3 2023. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q3 2023.

Dividends Per Share

Not reported for Q3 2023.

Margins & Returns

Gross Margin

-82.0%

YoY-57.1pp

5Y change-103.5pp

10Y change-151.0pp

TECHNICAL COMMUNICATIONS's gross margin was -82.0% in Q3 2023, indicating the percentage of revenue retained after direct costs. This is down 57.1 percentage points from the same quarter a year earlier.

Operating Margin

Not shown for Q3 2023: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Net Margin

Not shown for Q3 2023: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Return on Equity

Not reported for Q3 2023.

Capital Allocation

R&D Spending

$106K

YoY-66.7%

QoQ-34.7%

5Y CAGR-3.1%

10Y CAGR-18.8%

TECHNICAL COMMUNICATIONS invested $106K in research and development in Q3 2023. This represents a decrease of 66.7% from the same quarter a year earlier. Against the prior quarter it is down 34.7%.

Share Buybacks

Not reported for Q3 2023.

Capital Expenditures

Not reported for Q3 2023.

TCCO Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

TCCO quarterly income statement

Metric	TTM	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Revenue	$354K	$1.3M-30.1%	$1.9M-54.6%	$4.1M-41.5%	$7.0M+90.6%	$3.7M-1.1%	$3.7M+47.6%	$2.5M-57.5%	$5.9M-3.2%	$6.1M-1.8%	$6.2M-23.0%	$8.1M-32.9%	$12.1M-43.8%	$21.6M
Cost of Revenue	$585K	$1.3M-1.5%	$1.3M-24.0%	$1.7M-53.0%	$3.7M+35.2%	$2.7M+41.4%	$1.9M-4.8%	$2.0M-21.9%	$2.6M+26.7%	$2.0M-3.6%	$2.1M+14.7%	$1.8M-19.7%	$2.3M-57.6%	$5.4M
Gross Profit	-$232K	$14K-97.5%	$557K-76.7%	$2.4M-29.0%	$3.4M+245.4%	$972K-46.2%	$1.8M+254.8%	$509K-84.9%	$3.4M-18.0%	$4.1M-0.9%	$4.1M-34.0%	$6.3M-36.0%	$9.8M-39.2%	$16.1M
R&D Expenses	$859K	$817K+11.6%	$732K-31.5%	$1.1M+221.2%	$333K-36.1%	$521K-67.1%	$1.6M+91.3%	$828K-64.0%	$2.3M-15.7%	$2.7M0.0%	$2.7M-38.3%	$4.4M+25.2%	$3.5M+35.4%	$2.6M
SG&A Expenses	$1.5M	$1.9M+3.9%	$1.8M-17.3%	$2.2M-7.5%	$2.4M+24.0%	$1.9M-9.5%	$2.1M-19.7%	$2.7M-9.2%	$2.9M-1.4%	$3.0M+0.8%	$3.0M-10.7%	$3.3M+17.7%	$2.8M+0.2%	$2.8M
Operating Income	-$2.6M	-$2.7M-34.7%	-$2.0M-121.6%	-$910K-247.4%	$618K+141.5%	-$1.5M+22.5%	-$1.9M+35.7%	-$3.0M-59.4%	-$1.9M-16.8%	-$1.6M-3.8%	-$1.5M-6.4%	-$1.5M-141.9%	$3.5M-67.7%	$10.7M
EBITDA	N/A	-$2.7M-35.3%	-$2.0M-125.5%	-$888K-237.6%	$646K+144.8%	-$1.4M+20.9%	-$1.8M+35.6%	-$2.8M-68.9%	-$1.7M-19.4%	-$1.4M-4.2%	-$1.3M-8.9%	-$1.2M-133.6%	$3.7M-66.2%	$10.9M
Interest Expense	$245K	$130K+559.2%	$20K+2361.8%	$802	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	$0	$0	$0	$0	$0	$0+100.0%	-$43K-25.5%	-$35K-103.5%	$990K+223.9%	-$799K-33.8%	-$597K-149.8%	$1.2M-58.1%	$2.9M
Net Income	-$2.3M	-$2.3M-114.2%	-$1.1M-19.5%	-$911K-244.2%	$631K+142.7%	-$1.5M+22.7%	-$1.9M+22.6%	-$2.5M-35.7%	-$1.8M+29.0%	-$2.6M-259.2%	-$714K+15.1%	-$841K-137.1%	$2.3M-71.2%	$7.9M
EPS (Basic)	N/A	-$1.26-113.6%	-$0.59-20.4%	-$0.49-244.1%	$0.34+142.5%	-$0.80+23.1%	-$1.04+22.4%	-$1.34-35.4%	-$0.99+28.8%	-$1.39-256.4%	-$0.39+15.2%	-$0.46-137.1%	$1.24-73.5%	$4.68
EPS (Diluted)	-$1.24	-$1.26-113.6%	-$0.59-20.4%	-$0.49-244.1%	$0.34+142.5%	-$0.80+23.1%	-$1.04+22.4%	-$1.34-35.4%	-$0.99+28.8%	-$1.39-256.4%	-$0.39+15.2%	-$0.46-138.0%	$1.21-72.1%	$4.33
Diluted Shares (Avg)	N/A	2M+0.2%	2M0.0%	2M0.0%	2M+0.2%	2M+0.4%	2M0.0%	2M0.0%	2M0.0%	2M0.0%	2M+0.3%	2M-2.1%	2M+3.1%	2M

Metric	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K
Revenue	$35K-76.1%	$28K-95.1%	$122K-71.3%	$169K-74.2%	$146K-65.7%	$565K-8.3%	$423K+153.7%	$657K-69.0%
Cost of Revenue	$64K-65.1%	$113K-76.9%	$148K-58.5%	$260K-55.7%	$183K-44.1%	$490K+39.0%	$357K+717.9%	$587K-17.2%
Gross Profit	-$29K+21.2%	-$85K-214.4%	-$27K-139.9%	-$91K-229.0%	-$36K-136.7%	$75K-71.7%	$67K-45.9%	$70K-95.0%
R&D Expenses	$106K-66.7%	$163K+94.1%	$277K+174.2%	$313K+750.0%	$319K+193.9%	$84K-56.9%	$101K-74.2%	$37K-90.2%
SG&A Expenses	$269K-40.4%	$322K-33.5%	$484K-14.0%	$417K-1.4%	$451K-5.7%	$485K+22.2%	$562K+3.1%	$423K-32.3%
Operating Income	-$404K+49.9%	-$570K-15.5%	-$787K-31.9%	-$821K-111.0%	-$806K-65.5%	-$494K-50.9%	-$597K+26.7%	-$389K-194.0%
EBITDA	-$402K+50.0%	-$569K-15.5%	-$786K-32.0%	-$818K-111.2%	-$805K-65.9%	-$492K-53.8%	-$595K+26.5%	-$387K-192.4%
Interest Expense	$65K+78.9%	$70K+145.5%	$61K+270.3%	$49K+269.6%	$37K+1153.0%	$29K+1751.6%	$17K+665.4%	$13K
Income Tax	N/A	N/A	$0	N/A	N/A	N/A	$0	N/A
Net Income	-$466K+44.7%	-$629K-20.4%	-$849K-38.4%	-$353K-585.4%	-$842K-71.9%	-$522K-58.9%	-$613K-79.3%	$73K-82.4%
EPS (Basic)	-$0.25+44.4%	-$0.34-21.4%	-$0.46-39.4%	-$0.19-575.0%	-$0.45-73.1%	-$0.28-55.6%	-$0.33-73.7%	$0.04-82.6%
EPS (Diluted)	-$0.25+44.4%	-$0.34-21.4%	-$0.46-39.4%	-$0.19-575.0%	-$0.45-73.1%	-$0.28-55.6%	-$0.33-73.7%	$0.04-82.6%
Diluted Shares (Avg)	2M0.0%	2M0.0%	2M+0.2%	N/A	2M+0.2%	2M+0.2%	2M0.0%	N/A

TCCO Balance Sheet

TCCO quarterly balance sheet

Metric	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Total Assets	$2.0M-15.8%	$2.3M-29.4%	$3.3M+12.5%	$2.9M-28.9%	$4.1M+4.3%	$3.9M-28.1%	$5.5M-31.7%	$8.0M-18.3%	$9.8M-20.6%	$12.4M-3.8%	$12.8M-13.5%	$14.8M+0.1%	$14.8M
Current Assets	$1.7M-11.3%	$1.9M-29.5%	$2.7M-6.1%	$2.9M-28.9%	$4.1M+4.4%	$3.9M-21.6%	$4.9M-26.4%	$6.7M-18.7%	$8.3M-20.6%	$10.4M-15.9%	$12.4M-13.8%	$14.4M-0.2%	$14.4M
Cash & Equivalents	$7K-97.7%	$298K-80.3%	$1.5M-5.0%	$1.6M-19.6%	$2.0M+54.4%	$1.3M-50.4%	$2.6M+13.7%	$2.3M-20.4%	$2.9M+3.0%	$2.8M+35.1%	$2.1M-77.7%	$9.2M-16.3%	$11.0M
Short-Term Investments	$0	$0	$0	$0	$0-100.0%	$360K-0.5%	$362K+17.7%	$308K-78.3%	$1.4M+13.6%	$1.2M-73.3%	$4.7M	$0	$0
Inventory	$966K-16.5%	$1.2M+28.3%	$902K-13.4%	$1.0M-23.9%	$1.4M+0.8%	$1.4M-17.4%	$1.6M-11.2%	$1.9M-32.0%	$2.7M+3.9%	$2.6M-0.6%	$2.6M-19.7%	$3.3M+25.5%	$2.6M
Accounts Receivable	$15K-94.6%	$281K+108.9%	$134K+6.7%	$126K-77.5%	$559K-23.4%	$730K+552.8%	$112K-93.8%	$1.8M+344.2%	$403K-70.7%	$1.4M-0.3%	$1.4M+59.1%	$868K+562.2%	$131K
Long-Term Investments	$0	$0	$0	$0	$0	$0-100.0%	$374K-51.0%	$762K-31.1%	$1.1M-24.4%	$1.5M	$0	$0	$0
Total Liabilities	$3.9M+97.0%	$2.0M+2.9%	$1.9M+174.7%	$698K-72.8%	$2.6M+179.7%	$919K+65.0%	$557K-13.4%	$643K-13.3%	$742K-20.2%	$929K+30.4%	$713K-49.4%	$1.4M-56.5%	$3.2M
Current Liabilities	$3.7M+132.1%	$1.6M+15.7%	$1.4M+95.0%	$698K-72.8%	$2.6M+179.7%	$919K+65.0%	$557K-13.4%	$643K-13.3%	$742K-20.2%	$929K+30.4%	$713K-49.4%	$1.4M-56.5%	$3.2M
Non-Current Liabilities	$232K-41.6%	$398K-28.5%	$557K	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Debt	$150K0.0%	$150K0.0%	$150K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$1.9M-661.8%	$344K-74.8%	$1.4M-38.5%	$2.2M+44.8%	$1.5M-49.2%	$3.0M-38.6%	$4.9M-33.3%	$7.4M-18.7%	$9.1M-20.6%	$11.4M-5.8%	$12.1M-9.7%	$13.4M+16.0%	$11.6M
Retained Earnings	-$6.5M-56.1%	-$4.2M-35.5%	-$3.1M-12.2%	-$2.7M+1.9%	-$2.8M-113.2%	-$1.3M-315.5%	$606K-80.3%	$3.1M-37.2%	$4.9M-34.4%	$7.5M-10.7%	$8.4M-15.8%	$9.9M+18.3%	$8.4M

Metric	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K
Total Assets	$1.7M+1.9%	$1.7M-17.3%	$1.9M+4.5%	$2.0M-15.8%	$1.6M-29.2%	$2.0M-20.4%	$1.8M-25.1%	$2.3M-29.4%
Current Assets	$1.5M+13.8%	$1.5M-11.6%	$1.7M+16.1%	$1.7M-11.3%	$1.3M-27.6%	$1.7M-17.3%	$1.5M-23.5%	$1.9M-29.5%
Cash & Equivalents	$45K+22.8%	$198K+660.8%	$59K+2.5%	$7K-97.7%	$37K-83.3%	$26K-95.4%	$57K-91.4%	$298K-80.3%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$1.2M+13.5%	$973K-9.8%	$972K-13.8%	$966K-16.5%	$1.1M-15.9%	$1.1M-3.8%	$1.1M+16.8%	$1.2M+28.3%
Accounts Receivable	$14K-37.8%	$10K-97.4%	$0-100.0%	$15K-94.6%	$22K-86.8%	$395K+108.5%	$127K-13.8%	$281K+108.9%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$5.5M+70.6%	$5.0M+81.9%	$4.7M+124.4%	$3.9M+97.0%	$3.2M+56.3%	$2.8M+54.0%	$2.1M+48.1%	$2.0M+2.9%
Current Liabilities	$2.3M-22.0%	$1.7M-32.5%	$4.5M+159.8%	$3.7M+132.1%	$3.0M+81.7%	$2.5M+85.8%	$1.7M+93.9%	$1.6M+15.7%
Non-Current Liabilities	$3.2M+1072.6%	$3.4M+974.5%	$189K-47.0%	$232K-41.6%	$273K-37.7%	$315K-34.1%	$357K-30.9%	$398K-28.5%
Long-Term Debt	N/A	N/A	$150K-0.2%	$150K0.0%	$150K0.0%	$150K0.0%	$150K0.0%	$150K0.0%
Total Equity	-$3.8M-141.1%	-$3.4M-342.0%	-$2.8M-980.9%	-$1.9M-661.8%	-$1.6M-755.1%	-$766K-206.3%	-$256K-124.7%	$344K-74.8%
Retained Earnings	-$8.4M-37.5%	-$8.0M-50.5%	-$7.3M-53.8%	-$6.5M-56.1%	-$6.1M-45.1%	-$5.3M-41.6%	-$4.8M-39.9%	-$4.2M-35.5%

Not reported in any period shown, so not listed: Goodwill.

TCCO Cash Flow Statement

TCCO quarterly cash flow statement

Metric	TTM	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Operating Cash Flow	-$2.9M	-$2.3M+15.8%	-$2.7M-286.3%	-$701K-87.9%	-$373K-198.2%	$379K+121.8%	-$1.7M-82.7%	-$954K+52.0%	-$2.0M-949.1%	$234K+217.7%	-$199K+87.6%	-$1.6M-97.5%	-$810K-109.0%	$9.0M
Depreciation & Amortization	N/A	$6K-58.2%	$14K-35.3%	$22K-20.7%	$28K-42.0%	$48K-51.2%	$99K-37.8%	$159K-20.3%	$199K-1.3%	$202K+1.4%	$199K-8.0%	$217K+0.9%	$215K+25.3%	$171K
Stock-Based Compensation	N/A	$52K-1.3%	$52K-5.6%	$56K+0.8%	$55K+81.8%	$30K+102.0%	$15K+7.8%	$14K-88.9%	$125K-41.4%	$213K+4.0%	$205K-14.2%	$239K-21.7%	$305K+128.4%	$134K
Capital Expenditures	N/A	$13K	$0-100.0%	$3K-79.1%	$16K-62.9%	$44K+1121.3%	$4K-88.5%	$31K+19.4%	$26K-84.2%	$165K-23.5%	$215K+11.8%	$193K-27.5%	$266K+3.3%	$257K
Free Cash Flow	N/A	-$2.3M+15.3%	-$2.7M-284.4%	-$704K-80.9%	-$389K-215.8%	$336K+119.2%	-$1.7M-77.3%	-$985K+51.1%	-$2.0M-3005.3%	$69K+116.7%	-$414K+76.9%	-$1.8M-66.6%	-$1.1M-112.3%	$8.7M
Investing Cash Flow	N/A	-$13K	$0+100.0%	-$3K+79.1%	-$16K-105.3%	$306K-27.4%	$422K-66.7%	$1.3M	N/A	N/A	$1.1M+123.4%	-$4.9M-1729.9%	-$266K-3.3%	-$257K
Financing Cash Flow	$1.6M	$2.0M+34.2%	$1.5M+138.7%	$624K	N/A	N/A	N/A	N/A	N/A	N/A	-$184K+74.2%	-$714K+1.7%	-$726K+76.6%	-$3.1M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$184K-74.9%	$733K+0.4%	$731K-81.8%	$4.0M

Metric	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K
Operating Cash Flow	$153K-65.2%	$1.5M-5.2%	-$673K-72.2%	-$3.9M-697.3%	$439K+155.2%	$1.6M+371.9%	-$391K+53.9%	-$488K-220.0%
Depreciation & Amortization	$1K+39.3%	$1K-3.9%	$1K-4.0%	$2K+49.5%	$910-54.3%	$1K-81.0%	$1K-64.9%	$2K-71.9%
Stock-Based Compensation	$7K-45.5%	$12K-0.8%	$13K+5.6%	N/A	$13K+5.7%	$12K-9.1%	$13K-8.9%	N/A
Financing Cash Flow	$0-100.0%	$275K-63.3%	$725K+383.2%	$650K+15.0%	$450K-0.2%	$750K+58.1%	$150K	$565K+276.7%

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.

TCCO Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

TCCO quarterly financial ratios

Metric	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Gross Margin	1.1%-28.8pp	29.8%-28.2pp	58.0%+10.2pp	47.8%+21.4pp	26.4%-22.1pp	48.5%+28.3pp	20.2%-36.4pp	56.6%-10.2pp	66.9%+0.6pp	66.3%-11.1pp	77.3%-3.7pp	81.1%+6.2pp	74.9%
Operating Margin	-208.4%	-108.1%	-22.2%-30.9pp	8.8%+49.2pp	-40.4%+11.2pp	-51.6%	-118.5%	-31.6%-5.4pp	-26.2%-1.4pp	-24.7%-6.8pp	-17.9%-46.5pp	28.6%-21.1pp	49.8%
Net Margin	-178.8%	-58.3%-36.1pp	-22.2%-31.2pp	9.0%+49.1pp	-40.2%+11.2pp	-51.4%+46.6pp	-98.0%-67.3pp	-30.7%+11.1pp	-41.8%-30.3pp	-11.4%-1.1pp	-10.4%-29.1pp	18.8%-17.8pp	36.5%
Return on Equity	N/A	-315.9%-249.1pp	-66.7%-95.2pp	28.4%+125.0pp	-96.5%-33.1pp	-63.4%-13.1pp	-50.3%-25.6pp	-24.7%+3.6pp	-28.3%-22.0pp	-6.3%+0.7pp	-6.9%-23.8pp	16.9%-51.0pp	67.9%
Return on Assets	-119.5%-72.5pp	-47.0%-19.2pp	-27.8%-49.4pp	21.6%+57.7pp	-36.1%+12.6pp	-48.6%-3.4pp	-45.2%-22.5pp	-22.7%+3.4pp	-26.2%-20.4pp	-5.8%+0.8pp	-6.6%-21.8pp	15.3%-37.8pp	53.1%
Current Ratio	0.46-0.7x	1.21-0.8x	1.99-2.1x	4.13+2.5x	1.58-2.6x	4.22-4.7x	8.89-1.6x	10.45-0.7x	11.16-0.1x	11.22-6.2x	17.38+7.2x	10.19+5.7x	4.44
Debt-to-Equity	N/A	0.44+0.3x	0.11-0.2x	0.31-1.4x	1.68+1.4x	0.30+0.2x	0.110.0x	0.090.0x	0.080.0x	0.080.0x	0.060.0x	0.10-0.2x	0.28
Asset Turnover	0.67-0.1x	0.81-0.4x	1.25-1.2x	2.41+1.5x	0.900.0x	0.95+0.5x	0.46-0.3x	0.74+0.1x	0.63+0.1x	0.51-0.1x	0.63-0.2x	0.82-0.6x	1.45
FCF Margin	-175.7%	-145.0%	-17.1%-11.6pp	-5.5%-14.6pp	9.1%+56.0pp	-46.9%-7.8pp	-39.0%-5.1pp	-33.9%-35.0pp	1.1%+7.8pp	-6.6%+15.4pp	-22.1%-13.2pp	-8.9%-49.3pp	40.4%

Metric	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-Q	Q3'2210-Q	Q2'2210-Q	Q1'2210-Q	Q4'2110-K
Gross Margin	-82.0%-57.1pp	-307.7%	-21.9%-37.6pp	-53.7%-64.4pp	-24.9%-48.2pp	13.2%-29.5pp	15.7%-58.1pp	10.7%-55.9pp
Operating Margin	-1154.0%	-2052.3%	-647.8%	-484.8%	-551.6%	-87.4%-34.3pp	-140.9%	-59.2%-78.7pp
Net Margin	-1332.5%	-2264.0%	-698.2%	-208.6%	-576.6%	-92.4%-39.1pp	-144.8%	11.1%-8.4pp
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	21.1%-9.2pp
Return on Assets	-28.0%+23.5pp	-37.9%-11.9pp	-44.3%-10.8pp	-18.1%-21.2pp	-51.5%-30.3pp	-26.0%-13.0pp	-33.5%-19.5pp	3.1%-9.5pp
Current Ratio	0.66+0.2x	0.89+0.2x	0.38-0.5x	0.46-0.7x	0.46-0.7x	0.68-0.9x	0.84-1.3x	1.21-0.8x
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.44+0.3x
Asset Turnover	0.02-0.1x	0.02-0.3x	0.06-0.2x	0.09-0.2x	0.09-0.1x	0.280.0x	0.23+0.2x	0.28-0.4x

Not reported in any period shown, so not listed: FCF Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin.

Note: Shareholder equity is negative (-$1.9M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.46), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
TECHNICAL COMMUNICATIONS TCCO	FY2022	$1.3M	-$2.3M	N/A	$371	—
COMSOVEREIGN HOLDING CP COMS	FY2022	$9.9M	-$79.7M	N/A	$5K	—

Where TECHNICAL COMMUNICATIONS Ranks

Frequently Asked Questions

What is TECHNICAL COMMUNICATIONS's annual revenue?

TECHNICAL COMMUNICATIONS (TCCO) reported $1.3M in total revenue for fiscal year 2022. This represents a -30.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is TECHNICAL COMMUNICATIONS's revenue growing?

TECHNICAL COMMUNICATIONS (TCCO) revenue declined by 30.1% year-over-year, from $1.9M to $1.3M in fiscal year 2022.

Is TECHNICAL COMMUNICATIONS profitable?

No, TECHNICAL COMMUNICATIONS (TCCO) reported a net income of -$2.3M in fiscal year 2022.

What is TECHNICAL COMMUNICATIONS's EBITDA?

TECHNICAL COMMUNICATIONS (TCCO) had EBITDA of -$2.7M in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does TECHNICAL COMMUNICATIONS have?

As of fiscal year 2022, TECHNICAL COMMUNICATIONS (TCCO) had $7K in cash and equivalents against $150K in long-term debt.

What is TECHNICAL COMMUNICATIONS's gross margin?

TECHNICAL COMMUNICATIONS (TCCO) had a gross margin of 1.1% in fiscal year 2022, indicating the percentage of revenue retained after direct costs of goods sold.

What is TECHNICAL COMMUNICATIONS's free cash flow?

TECHNICAL COMMUNICATIONS (TCCO) recorded an outflow of $2.3M in free cash flow during fiscal year 2022. This represents a 15.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is TECHNICAL COMMUNICATIONS's operating cash flow?

TECHNICAL COMMUNICATIONS (TCCO) recorded an outflow of $2.3M in operating cash flow during fiscal year 2022, representing cash used by core business activities.

What are TECHNICAL COMMUNICATIONS's total assets?

TECHNICAL COMMUNICATIONS (TCCO) had $2.0M in total assets as of fiscal year 2022, including both current and long-term assets.

What are TECHNICAL COMMUNICATIONS's capital expenditures?

TECHNICAL COMMUNICATIONS (TCCO) invested $13K in capital expenditures during fiscal year 2022, funding long-term assets and infrastructure.

How much does TECHNICAL COMMUNICATIONS spend on research and development?

TECHNICAL COMMUNICATIONS (TCCO) invested $817K in research and development during fiscal year 2022.

How many shares does TECHNICAL COMMUNICATIONS have outstanding?

TECHNICAL COMMUNICATIONS (TCCO) had 2M shares outstanding as of fiscal year 2022.

What is TECHNICAL COMMUNICATIONS's current ratio?

TECHNICAL COMMUNICATIONS (TCCO) had a current ratio of 0.46 as of fiscal year 2022, which is below 1.0, which may suggest potential liquidity concerns.

What is TECHNICAL COMMUNICATIONS's return on assets (ROA)?

TECHNICAL COMMUNICATIONS (TCCO) had a return on assets of -119.5% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.

What is TECHNICAL COMMUNICATIONS's P/E ratio?

TECHNICAL COMMUNICATIONS (TCCO) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 24, 2023). The market capitalization is $371 as of Sep 18, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is TECHNICAL COMMUNICATIONS's price-to-sales ratio?

TECHNICAL COMMUNICATIONS (TCCO) trades at 0.0x sales, its market capitalization divided by revenue of $354K revenue, trailing 12 months to June 24, 2023. The market capitalization is $371 as of Sep 18, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does TECHNICAL COMMUNICATIONS's liquidity compare with its operating cash outflow?

At the end of fiscal year 2022, TECHNICAL COMMUNICATIONS (TCCO) held $7K in cash, cash equivalents and investments, and reported an operating cash outflow of $2.3M over that year. Dividing the one by the other, the reported balance equals about 0 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

Why is TECHNICAL COMMUNICATIONS's debt-to-equity ratio negative or not reported?

TECHNICAL COMMUNICATIONS (TCCO) has negative shareholder equity of -$1.9M as of fiscal year 2022, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is TECHNICAL COMMUNICATIONS's Altman Z-Score?

TECHNICAL COMMUNICATIONS (TCCO) has an Altman Z-Score of -9.79, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is TECHNICAL COMMUNICATIONS's Piotroski F-Score?

TECHNICAL COMMUNICATIONS (TCCO) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are TECHNICAL COMMUNICATIONS's earnings high quality?

TECHNICAL COMMUNICATIONS (TCCO) reported a net loss of $2.3M while operations used $2.3M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can TECHNICAL COMMUNICATIONS cover its interest payments?

TECHNICAL COMMUNICATIONS (TCCO) reported an operating loss of $2.7M against $130K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.