Tectonic Financial, Inc. (TECTP) Financial Statements

Income statement

Metric	TTM	2024	2023	2022	2021
Revenue
Total Revenue	90.0M	72.2M	65.9M	66.3M	60.2M
Cost of Revenue	8.3M	—	—	—	—
Gross Profit	61.3M	72.2M	65.9M	33.4M	29.4M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	13.5M	42.0M	36.6M	35.5M	29.3M
General & Admin Expense	2.4M	2.9M	2.8M	2.3M	2.5M
Selling & Marketing Expense	11.1M	39.0M	558.0K	475.0K	26.8M
Other Expenses	44.9M	—	—	—	—
Total Operating Expenses	58.4M	42.0M	36.6M	44.8M	38.3M
Cost and Expenses	66.7M	42.0M	36.6M	44.8M	38.3M
Operating Income (EBIT)	(11.6M)	30.3M	29.3M	21.5M	21.8M
Non-Operating
Interest Income	(21.2M)	—	—	33.4M	—
Interest Expense	2.8M	—	—	5.9M	3.6M
Net Interest Income	(32.5M)	—	—	27.5M	(3.6M)
Other Non-Op Income/Expense	9.3M	(11.9M)	(10.2M)	—	—
Non-Operating Income (excl Interest)	3.9M	—	(29.3M)	(30.7M)	(30.9M)
EBT (Pre-Tax Income)	4.7M	18.3M	19.1M	21.5M	21.8M
Income Tax Expense	1.5M	4.4M	3.8M	4.4M	4.8M
Bottom Line
Net Income	3.3M	13.9M	15.2M	15.5M	15.5M
Earnings from Cont. Ops	3.3M	13.9M	15.2M	17.0M	17.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	3.1M	12.1M	13.7M	15.5M	15.5M
Per Share
Basic EPS	$2.16	$1.71	$1.87	$2.11	$2.21
Diluted EPS	$2.12	$1.68	$1.87	$2.11	$2.20
Revenue Per Share	$13.29	$10.21	$9.01	$9.03	$8.59
Shares
Basic Shares Outstanding	6.8M	7.1M	7.3M	7.3M	7.0M
Diluted Shares Outstanding	6.9M	7.2M	7.3M	7.3M	7.0M
Profitability Metrics
EBITDA	(15.8M)	—	(1.6M)	(1.6M)	(1.6M)
D&A	6.8M	—	(19.1M)	(21.5M)	(21.8M)
EBIT	(10.2M)	—	58.6M	52.2M	52.7M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2025