TSS FY2024 revenue up 172% to $148.1M; EPS $0.24 vs $0.00; Q4 revenue +105%

TSS, Inc.

Full-year revenue $148.1M, up 172%; net income $6.0M vs $74K; diluted EPS $0.24 vs $0.00.
Adjusted EBITDA $10.2M, up 283% from 2023; Q4 adjusted EBITDA $3.4M, up 267%.
Procurement revenues $117.5M (+205%); Systems Integration $22.6M (+157%); Facilities Mgmt $8.0M (+13%).
Signed multi-year agreement with largest customer; new facility expected operational by June 2025.
Management expects high EBITDA growth in 2025; Q2 2025 initial contributions from new facility.

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