Trilinc Global Financials
This page shows Trilinc Global (TRLC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 12 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).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Trilinc Global has an operating margin of 47.2%, meaning the company retains $47 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is up from 5.7% the prior year.
Trilinc Global's revenue surged 63.1% year-over-year to $25.9M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Trilinc Global carries a low D/E ratio of 0.02, meaning only $0.02 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Trilinc Global generates a 4.4% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 21/100. This is up from 0.1% the prior year.
Trilinc Global passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Trilinc Global generates $0.26 in operating cash flow ($3.3M OCF vs $12.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Trilinc Global generated $25.9M in revenue in fiscal year 2024. This represents an increase of 63.1% from the prior year.
Trilinc Global reported $12.5M in net income in fiscal year 2024. This represents an increase of 2907.3% from the prior year.
Cash & Balance Sheet
Trilinc Global held $98K in cash against $0 in long-term debt as of fiscal year 2024.
Margins & Returns
Trilinc Global's operating margin was 47.2% in fiscal year 2024, reflecting core business profitability. This is up 41.5 percentage points from the prior year.
Trilinc Global's net profit margin was 48.2% in fiscal year 2024, showing the share of revenue converted to profit. This is up 45.6 percentage points from the prior year.
Trilinc Global's ROE was 4.4% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 4.3 percentage points from the prior year.
Capital Allocation
TRLC Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.6M-65.0% | $7.5M+19.5% | $6.3M-7.8% | $6.8M+3.8% | $6.5M+5.9% | $6.2M-3.2% | $6.4M | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $225K-14.1% | $262K-0.3% | $263K-19.2% | $326K+24.5% | $262K-25.9% | $353K-32.2% | $521K | N/A |
| Operating Income | -$475K-112.9% | $3.7M+16.8% | $3.1M-16.7% | $3.8M+16.0% | $3.3M+60.6% | $2.0M-35.9% | $3.2M | N/A |
| Interest Expense | $88K-75.7% | $362K | N/A | $0 | $0 | $0 | $0 | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$11.1M-1624.5% | $725K-71.7% | $2.6M+7.4% | $2.4M-32.6% | $3.5M+2.6% | $3.4M+11.4% | $3.1M | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
TRLC Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $282.8M-3.4% | $292.9M+1.5% | $288.5M+1.0% | $285.6M+1.0% | $282.8M+0.7% | $280.7M+1.3% | $277.3M-0.5% | $278.8M |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $672-98.8% | $55K-95.0% | $1.1M+1016.6% | $98K-88.8% | $878K-20.7% | $1.1M-47.7% | $2.1M+115.7% | $981K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $9.5M+11.6% | $8.5M+77.2% | $4.8M+7.7% | $4.5M+11.2% | $4.0M-27.4% | $5.5M+0.4% | $5.5M-6.8% | $5.9M |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 |
| Total Equity | $273.4M-3.9% | $284.4M+0.3% | $283.7M+0.9% | $281.1M+0.9% | $278.8M+1.3% | $275.2M+1.3% | $271.8M-0.4% | $272.9M |
| Retained Earnings | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
TRLC Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$54K+94.8% | -$1.0M-204.4% | $998K+228.0% | -$780K-241.1% | -$229K+77.3% | -$1.0M-119.0% | $5.3M+33.7% | $4.0M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $0 | $0 | $0 | $0 | $0 | $0+100.0% | -$4.2M-28.4% | -$3.3M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
TRLC Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -18.1%-67.2pp | 49.1%-1.1pp | 50.2%-5.4pp | 55.6%+5.9pp | 49.8%+16.9pp | 32.8%-16.7pp | 49.5% | N/A |
| Net Margin | -422.7%-432.4pp | 9.7%-31.3pp | 41.0%+5.8pp | 35.2%-19.0pp | 54.1%-1.8pp | 55.9%+7.3pp | 48.6% | N/A |
| Return on Equity | -4.0%-4.3pp | 0.3%-0.6pp | 0.9%+0.0pp | 0.9%-0.4pp | 1.3%+0.0pp | 1.3%+0.1pp | 1.1% | N/A |
| Return on Assets | -3.9%-4.2pp | 0.3%-0.6pp | 0.9%+0.1pp | 0.8%-0.4pp | 1.3%+0.0pp | 1.2%+0.1pp | 1.1% | N/A |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 0.030.0 | 0.03+0.0 | 0.020.0 | 0.020.0 | 0.010.0 | 0.020.0 | 0.02+0.0 | 0.00 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Frequently Asked Questions
What is Trilinc Global's annual revenue?
Trilinc Global (TRLC) reported $25.9M in total revenue for fiscal year 2024. This represents a 63.1% 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 Trilinc Global's revenue growing?
Trilinc Global (TRLC) revenue grew by 63.1% year-over-year, from $15.8M to $25.9M in fiscal year 2024.
Is Trilinc Global profitable?
Yes, Trilinc Global (TRLC) reported a net income of $12.5M in fiscal year 2024, with a net profit margin of 48.2%.
What is Trilinc Global's operating margin?
Trilinc Global (TRLC) had an operating margin of 47.2% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Trilinc Global's net profit margin?
Trilinc Global (TRLC) had a net profit margin of 48.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Trilinc Global's return on equity (ROE)?
Trilinc Global (TRLC) has a return on equity of 4.4% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Trilinc Global's operating cash flow?
Trilinc Global (TRLC) generated $3.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Trilinc Global's total assets?
Trilinc Global (TRLC) had $285.6M in total assets as of fiscal year 2024, including both current and long-term assets.
What is Trilinc Global's debt-to-equity ratio?
Trilinc Global (TRLC) had a debt-to-equity ratio of 0.02 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Trilinc Global's return on assets (ROA)?
Trilinc Global (TRLC) had a return on assets of 4.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Trilinc Global's Piotroski F-Score?
Trilinc Global (TRLC) has a Piotroski F-Score of 4 out of 9, indicating neutral 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Trilinc Global's earnings high quality?
Trilinc Global (TRLC) has an earnings quality ratio of 0.26x, considered low quality (accrual-driven). 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 Trilinc Global?
Trilinc Global (TRLC) scores 80 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.