TISI: financial statements from SEC

Income statement

Metric	31/03/2026	30/09/2025	30/06/2025	31/03/2025	30/09/2024	30/06/2024
Revenue	215M	225M	248M	199M	211M	229M
Cost of revenue	162M	167M	180M	151M	157M	165M
Gross profit	50M	58M	68M	47M	54M	64M
Selling, general and administrative	48M	57M	56M	53M	50M	52M
Operating income	−3M	1M	12M	−6M	3M	11M
Pre-tax income	−11M	−10M	−3M	−29M	−11M	−1M
Income tax	5,000	949,000	983,000	222,000	504,000	1M
Net income	−11M	−11M	−4M	−30M	−11M	−3M
Earnings per share	−3.12	−2.68	−0.95	−6.61	−2.52	−0.63
Earnings per share, diluted	−3.12	−2.68	−0.95	−6.61	−2.52	−0.63
Weighted average shares	5M	4M	4M	4M	4M	4M
Weighted average shares, diluted	5M	4M	4M	4M	4M	4M

Metric	31/03/2026	31/12/2025	30/09/2025	30/06/2025	31/03/2025	31/12/2024	30/09/2024	30/06/2024
Cash and equivalents	13M	18M	15M	21M	17M	36M	19M	22M
Receivables	182M	178M	195M	208M	179M	173M	192M	192M
Inventory	42M	41M	42M	42M	40M	38M	40M	39M
Current assets	266M	266M	311M	326M	292M	305M	315M	315M
Total assets	479M	485M	531M	548M	515M	528M	545M	550M
Current liabilities	119M	120M	160M	166M	153M	171M	175M	173M
Long-term debt	303M	293M	299M	366M	350M	319M	314M	313M
Total liabilities	464M	458M	499M	571M	541M	527M	527M	526M
Equity	−39M	−24M	−18M	−23M	−26M	2M	18M	24M
Shares outstanding	5M	5M	4M	4M	4M	4M	4M	4M
Shares issued	5M	5M	4M	4M	4M	4M	4M	4M

Metric	31/03/2026	30/09/2025	30/06/2025	31/03/2025	30/09/2024	30/06/2024
Operating cash flow	−9M	—	—	−29M	—	—
Depreciation and amortisation	8M	9M	9M	8M	9M	9M
Share-based compensation	954,000	—	—	−53,000	—	—
Capital expenditure	2M	—	—	1M	—	—
Investing cash flow	−2M	—	—	−1M	—	—
Financing cash flow	6M	—	—	11M	—	—