SequelSEC

Transportation & Logistics Systems, Inc. TLSS

Transportation Services · CIK 0001463208 · Fiscal year ends 1231

Revenue
$7.74M
Fiscal year ended 2022-12-31
Operating income
-$4.21M
Fiscal year ended 2022-12-31
Free cash flow
-$3.57M
Fiscal year ended 2022-12-31

Transportation & Logistics Systems, Inc. (TLSS) reported revenue of $7.74M and net income of -$8.08M for the fiscal year ended 2022-12-31. This page shows 6 annual periods of income statement, balance sheet and cash flow figures normalized from Transportation & Logistics Systems, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Transportation Services.

Income

Transportation & Logistics Systems, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Revenue$7.74M$5.50M$25.83M$31.36M$13.62M$1.30M
Cost of revenue$5.22M$5.41M$23.28M$28.75M$12.79M$992.51K
Gross profit$2.53M$87.00K$2.54M$2.60M$834.74K$308.82K
Operating income-$4.21M-$6.45M-$8.22M-$20.29M-$7.07M-$133.04K
Net income-$8.08M$6.25M-$42.78M-$44.86M-$14.48M-$744.80K
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 3.36Bshares 3.73Bshares 751.82MUnavailableUnavailableUnavailable
Pretax income-$4.13M$6.25M-$42.78MUnavailableUnavailableUnavailable
Income tax expenseUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Diluted EPS$0.00$0.00$-0.08UnavailableUnavailableUnavailable
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$265.19K$1.12M$814.31K$2.79M$1.36M$142.23K
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Transportation & Logistics Systems, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Cash & equivalents$1.47M$6.07M$579.28K$50.03K$296.20K$106.58K
Total assets$21.29M$9.53M$3.53M$4.33M$7.19M$361.39K
Current assets$4.14M$6.75M$1.40M$2.26M$1.58M$361.39K
Total liabilities$15.79M$1.02M$19.55M$17.21M$14.93M$1.14M
Current liabilities$8.55M$1.01M$18.01M$15.77M$14.51M$1.14M
Total equity incl. NCI$5.50M$8.52M-$16.01M-$12.89M-$7.74M-$775.14K
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$2.06M$481.73K$372.92K$963.77K$441.50K$254.15K
Goodwill$2.11MUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt$5.78MUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$146.60K$312.77K$465.58K$1.52M$655.18K$224.19K

Cash flow

Transportation & Logistics Systems, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Operating cash flow-$3.42M-$4.09M-$3.28M-$5.66M-$283.68K-$152.18K
Capital expenditures$143.95K$56.17K$460.51K$54.73K$481.83KUnavailable
Investing cash flow-$1.38M-$2.18M-$460.51K$20.65K-$932.80K-$26.50K
Financing cash flow$210.11K$11.75M$4.27M$5.39M$1.41M$273.54K
Net change in cash-$4.60M$5.49M$529.26K-$246.17K$189.62K$94.85K
Stock-based compensation$1.39MUnavailable$2.00MUnavailableUnavailableUnavailable
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$1.13M$685.64K$102.11K$969.89K$664.35KUnavailable

Derived

Transportation & Logistics Systems, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Free cash flow-$3.57M-$4.14M-$3.74M-$5.71M-$765.50KUnavailable
Gross margin32.6%1.6%9.8%8.3%6.1%23.7%
Operating marginUnavailable-117.3%-31.8%-64.7%-51.9%-10.2%
FCF marginUnavailable-75.4%-14.5%-18.2%-5.6%Unavailable
SBC / revenueUnavailableUnavailable7.7%UnavailableUnavailableUnavailable
Current ratio0.48x6.71x0.08x0.14x0.11x0.32x
Revenue YoY growth40.9%-78.7%-17.6%130.2%946.6%Unavailable
Net marginUnavailable113.8%-165.7%-143.1%-106.3%-57.2%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailable1.0%1.8%0.2%3.5%Unavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open TLSS in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-19View SEC filing
10-Q · Filed 2026-05-14View SEC filing
10-K · Filed 2026-03-30View SEC filing
10-Q · Filed 2025-11-13View SEC filing
10-Q · Filed 2025-08-14View SEC filing
10-Q · Filed 2025-05-13View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.