Tectonic Financial Inc Financials
Tectonic Financial Inc (TECTP) reported $8.0M in revenue over the twelve months to Sep 30, 2025, up 11.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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).
Liability-funded balance-sheet expansion is paired with weakening cash conversion and rising financing costs.
The cash-conversion gap widened sharply: operating cash flow moved from-$33.2M in FY2023 to-$86.6M in FY2024 even while net income stayed positive. Reported profit therefore did not finance expansion; external financing supplied$165.6M in FY2024, making funding flows—not earnings—the immediate source of balance-sheet growth.
Assets expanded
Cost growth outpaced revenue: revenue increased
Financial Health Signals
Scored against banks for FY2024. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Tectonic Financial Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Tectonic Financial Inc passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Tectonic Financial Inc used $6.22 of operating cash (-$86.6M OCF vs $13.9M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Tectonic Financial Inc generated $7.5M in revenue in fiscal year 2024. This represents an increase of 16.1% from the prior year.
Tectonic Financial Inc reported $13.9M in net income in fiscal year 2024. This represents a decrease of 8.4% from the prior year.
Tectonic Financial Inc earned $1.68 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 10.2% from the prior year.
Not reported for fiscal year 2024.
Cash & Balance Sheet
Tectonic Financial Inc recorded an outflow of $86.8M in free cash flow in fiscal year 2024, representing a cash shortfall after capex. This represents a decrease of 158.8% from the prior year.
Tectonic Financial Inc held $63.7M in cash as of fiscal year 2024; long-term debt is not reported for that period.
Not reported for fiscal year 2024.
Margins & Returns
Tectonic Financial Inc's ROE was 12.3% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 2.0 percentage points from the prior year.
Not reported for fiscal year 2024.
Not reported for fiscal year 2024.
Not shown for fiscal year 2024: the reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Tectonic Financial Inc spent $1.6M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 48.8% from the prior year.
Tectonic Financial Inc invested $213K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 43.4% from the prior year.
Not reported for fiscal year 2024.
TECTP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1M+6.6% | $2.0M-0.5% | $2.0M-1.7% | $2.0M+5.1% | $1.9M+3.1% | $1.8M+6.0% | $1.7M+3.6% | $1.7M |
| SG&A Expenses | $9.2M-2.8% | $9.5M-8.6% | $10.3M-2.3% | $10.6M+19.0% | $8.9M+0.1% | $8.9M+2.9% | $8.6M+5.8% | $8.2M |
| Interest Expense | $9.3M+9.5% | $8.5M+2.4% | $8.3M+1.5% | $8.2M-2.5% | $8.4M+8.0% | $7.8M+8.3% | $7.2M+26.7% | $5.7M |
| Income Tax | $1.6M+18.1% | $1.3M+7.7% | $1.2M-29.0% | $1.7M+81.9% | $952K+11.6% | $853K+0.6% | $848K+52.2% | $557K |
| Net Income | $5.5M+28.7% | $4.3M-4.1% | $4.5M+49.0% | $3.0M-37.0% | $4.7M+50.7% | $3.1M+2.8% | $3.1M-7.7% | $3.3M |
| EPS (Diluted) | $0.73+32.7% | $0.55-3.5% | $0.57+62.9% | $0.35-39.7% | $0.58+52.6% | $0.38+2.7% | $0.37-7.5% | $0.40 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income.
TECTP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.1B+6.7% | $997.0M+9.5% | $910.5M+5.5% | $863.4M+1.9% | $847.5M+9.1% | $777.1M-0.1% | $777.6M+14.8% | $677.3M |
| Cash & Equivalents | $164.0M+58.1% | $103.7M+54.7% | $67.1M+5.2% | $63.7M-38.0% | $102.8M+50.5% | $68.3M-46.1% | $126.5M+115.3% | $58.8M |
| Goodwill | $21.4M0.0% | $21.4M0.0% | $21.4M0.0% | $21.4M0.0% | $21.4M0.0% | $21.4M0.0% | $21.4M0.0% | $21.4M |
| Total Liabilities | $944.7M+7.1% | $882.4M+10.4% | $799.1M+6.6% | $750.0M+2.1% | $734.7M+10.2% | $666.7M-0.4% | $669.1M+17.3% | $570.5M |
| Total Equity | $119.2M+4.0% | $114.6M+2.9% | $111.3M-1.9% | $113.4M+0.6% | $112.8M+2.2% | $110.4M+1.8% | $108.5M+1.5% | $106.9M |
| Retained Earnings | $78.9M+5.8% | $74.5M+4.4% | $71.4M+4.8% | $68.2M+2.6% | $66.4M+5.5% | $62.9M+3.4% | $60.9M+3.3% | $58.9M |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Long-Term Debt.
TECTP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$17.3M+46.9% | -$32.5M+8.8% | -$35.6M-17.6% | -$30.3M-34.8% | -$22.5M+26.8% | -$30.7M-870.6% | -$3.2M+81.1% | -$16.7M |
| Capital Expenditures | $7K | $0-100.0% | $7K | $0-100.0% | $14K-70.8% | $48K-68.2% | $151K+2057.1% | -$7K |
| Free Cash Flow | -$17.3M+46.8% | -$32.5M+8.8% | -$35.6M-17.6% | -$30.3M-34.7% | -$22.5M+26.9% | -$30.7M-827.9% | -$3.3M+80.2% | -$16.7M |
| Investing Cash Flow | $19.8M+253.3% | -$12.9M-359.4% | -$2.8M+87.1% | -$21.8M-206.8% | -$7.1M+69.7% | -$23.5M-8.2% | -$21.7M-23.4% | -$17.6M |
| Financing Cash Flow | $57.7M-29.8% | $82.1M+96.6% | $41.8M+220.3% | $13.0M-79.6% | $64.1M+1654.9% | -$4.1M-104.4% | $92.6M+104.3% | $45.3M |
| Dividends Paid | $678K0.0% | $678K+0.1% | $677K-4.1% | $706K-0.1% | $707K-0.3% | $709K-0.1% | $710K+1.0% | $703K |
| Share Buybacks | $0 | $0-100.0% | $5.7M+639.9% | $771K+114.8% | $359K+44.2% | $249K0.0% | $249K-74.9% | $994K |
TECTP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 263.7% | 218.5% | 226.7% | 149.6% | 249.3% | 170.7% | 176.0% | 197.4% |
| Return on Equity | 4.6%+0.9pp | 3.7%-0.3pp | 4.0%+1.4pp | 2.6%-1.6pp | 4.2%+1.4pp | 2.9%0.0pp | 2.8%-0.3pp | 3.1% |
| Return on Assets | 0.5%+0.1pp | 0.4%-0.1pp | 0.5%+0.1pp | 0.4%-0.2pp | 0.6%+0.2pp | 0.4%0.0pp | 0.4%-0.1pp | 0.5% |
| Debt-to-Equity | 7.93+0.2x | 7.70+0.5x | 7.18+0.6x | 6.61+0.1x | 6.51+0.5x | 6.04-0.1x | 6.17+0.8x | 5.34 |
| FCF Margin | -828.7% | -1661.9% | -1814.0% | -1516.3% | -1182.8% | -1668.4% | -190.6% | -996.3% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
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: Net Margin, FCF Margin.
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Where Tectonic Financial Inc Ranks
Frequently Asked Questions
What is Tectonic Financial Inc's annual revenue?
Tectonic Financial Inc (TECTP) reported $7.5M in total revenue for fiscal year 2024. This represents a 16.1% 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 Tectonic Financial Inc's revenue growing?
Tectonic Financial Inc (TECTP) revenue grew by 16.1% year-over-year, from $6.4M to $7.5M in fiscal year 2024.
Is Tectonic Financial Inc profitable?
Yes, Tectonic Financial Inc (TECTP) reported a net income of $13.9M in fiscal year 2024.
What is Tectonic Financial Inc's return on equity (ROE)?
Tectonic Financial Inc (TECTP) has a return on equity of 12.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Tectonic Financial Inc's free cash flow?
Tectonic Financial Inc (TECTP) recorded an outflow of $86.8M in free cash flow during fiscal year 2024. This represents a -158.8% 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 Tectonic Financial Inc's operating cash flow?
Tectonic Financial Inc (TECTP) recorded an outflow of $86.6M in operating cash flow during fiscal year 2024, representing cash used by core business activities.
What are Tectonic Financial Inc's total assets?
Tectonic Financial Inc (TECTP) had $863.4M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Tectonic Financial Inc's capital expenditures?
Tectonic Financial Inc (TECTP) invested $213K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is Tectonic Financial Inc's debt-to-equity ratio?
Tectonic Financial Inc (TECTP) had a debt-to-equity ratio of 6.61 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Tectonic Financial Inc's return on assets (ROA)?
Tectonic Financial Inc (TECTP) had a return on assets of 1.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Tectonic Financial Inc's Piotroski F-Score?
Tectonic Financial Inc (TECTP) has a Piotroski F-Score of 2 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 Tectonic Financial Inc's earnings high quality?
For every $1 of reported earnings, Tectonic Financial Inc (TECTP) used $6.22 of operating cash (-$86.6M OCF vs $13.9M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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.
How financially healthy is Tectonic Financial Inc?
Tectonic Financial Inc (TECTP) scores 57 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.