Financials Telos Corporation

Stocks

TLS

US87969B1017

Integrated Hardware & Software

Market Closed - Nasdaq 16:00:00 2026-08-18 EDT			5-day change	1st Jan Change
4.400 ^USD	+0.23%		+9.18%	-13.73%

08-10	Tranche Update on Telos Corporation's Equity Buyback Plan announced on May 24, 2022.	CI
08-10	Telos Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

Projected Income Statement: Telos Corporation

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	242.4	216.9	145.4	108.3	164.8	191.7	196.4	228.9
Change	-	-10.54%	-32.97%	-25.52%	52.21%	16.3%	2.45%	16.56%
EBITDA ¹	24.39	19.47	-5.358	-9.619	18.14	26.04	35.8	55.7
Change	-	-20.19%	-127.52%	-79.53%	288.55%	43.57%	37.48%	55.6%
EBIT ¹	18.77	13.58	-14.79	-21.49	6.686	12.6	22.22	43.2
Change	-	-27.65%	-208.91%	-45.3%	131.12%	88.42%	76.35%	94.45%
Interest Paid ¹	-0.777	-0.874	-0.786	-0.644	-0.553	-0.432	-0.428	-
Earnings before Tax (EBT) ¹	-43.16	-53.37	-34.39	-52.49	-37.21	-1	2.5	-
Change	-	-23.66%	35.58%	-52.66%	29.12%	97.31%	350%	-
Net income ¹	-43.13	-53.43	-34.42	-52.52	-36.55	-0.164	8.061	-
Change	-	-23.87%	35.57%	-52.58%	30.42%	99.55%	5,015.24%	-
Announcement Date	3/16/22	3/16/23	3/15/24	3/10/25	3/16/26	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4
Net sales ¹	70.07	64.05	50.16	55.79	63.59	47.34	35.22	32.91	36.19	41.06	29.62	28.5	23.78	26.37	30.62	35.97	51.44	46.78	47.74	47.74	50.35	46.01	45.5	45.49	51.83	53.65
Change	-	-8.59%	-21.69%	11.23%	13.98%	-25.55%	-25.6%	-6.56%	9.95%	13.47%	-27.86%	-3.78%	-16.55%	10.89%	16.09%	17.48%	43.03%	-9.07%	2.06%	0.01%	5.47%	-8.63%	-1.11%	-0.02%	13.94%	3.52%
EBITDA ¹	8.397	8.844	0.969	4.545	8.569	5.384	-0.846	-0.029	-1.26	-3.223	-2.335	-2.934	-4.149	-0.201	0.362	0.383	10.1	7.295	7.855	6.87	6.327	5.238	8.03	7.257	9.818	10.71
Change	-	5.32%	-89.04%	369.04%	88.54%	-37.17%	-115.71%	96.57%	-4,244.83%	-155.79%	27.55%	-25.65%	-41.41%	95.16%	280.1%	5.8%	2,536.29%	-27.75%	7.68%	-12.54%	-7.91%	-17.22%	53.32%	-9.64%	35.3%	9.12%
EBIT ¹	6.938	7.443	-0.436	3.04	7.052	3.921	-2.271	-1.722	-4.475	-6.316	-5.464	-6.425	-6.897	-2.7	-1.974	-2.126	6.92	3.866	4.426	3.523	3.058	1.607	2.076	2.873	6.828	7.699
Change	-	7.28%	-105.86%	797.25%	131.97%	-44.4%	-157.92%	24.17%	-159.87%	-41.14%	13.49%	-17.59%	-7.35%	60.85%	26.89%	-7.7%	425.49%	-44.13%	14.49%	-20.4%	-13.2%	-47.45%	29.15%	38.42%	137.64%	12.76%
Charge d'intérêts ¹	-0.195	-0.194	-0.19	-0.187	-0.181	-0.316	-0.249	-0.184	-0.178	-0.175	-0.175	-0.16	-0.157	-0.152	-0.147	-0.141	-0.136	-0.129	-0.111	-	-0.107	-0.107	-0.107	-0.107	-0.107	-0.107
Earnings before Tax (EBT) ¹	-5.428	-4.274	-14.91	-12.24	-7.332	-18.9	-10.72	-8.002	-8.649	-7.012	-7.361	-7.74	-28.04	-9.355	-8.608	-9.471	-2.093	-17.04	2.041	0.704	-4.2	-3.7	-0.5	-1.7	1.2	1.9
Change	-	21.26%	-248.9%	17.95%	40.07%	-157.71%	43.25%	25.38%	-8.09%	18.93%	-4.98%	-5.15%	-262.25%	66.63%	7.99%	-10.03%	77.9%	-714%	111.98%	-65.51%	-696.59%	11.9%	86.49%	-240%	170.59%	58.33%
Net income ¹	-5.387	-5.49	-14.98	-12.29	-7.34	-18.82	-10.75	-8.024	-8.672	-6.98	-7.378	-7.757	-28.06	-9.33	-8.604	-9.517	-2.114	-16.31	2.023	0.66	-0.301	-1.71	1.04	0.315	4.137	4.6
Change	-	-1.91%	-172.91%	17.98%	40.27%	-156.35%	42.89%	25.33%	-8.08%	19.51%	-5.7%	-5.14%	-261.67%	66.74%	7.78%	-10.61%	77.79%	-671.57%	112.4%	-67.38%	-145.61%	-468.11%	160.82%	-69.71%	1,213.33%	11.18%
Announcement Date	11/15/21	3/16/22	5/10/22	8/9/22	11/9/22	3/16/23	5/10/23	8/9/23	11/9/23	3/15/24	5/10/24	8/9/24	11/12/24	3/10/25	5/9/25	8/11/25	11/10/25	3/16/26	5/11/26	8/10/26	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Telos Corporation

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	-127	-119	-99.3	-54.6	-53.2	-65.2	-99.7	-151
Change	-	6.3%	16.55%	45.02%	2.56%	-22.6%	-52.91%	-51.45%
Announcement Date	3/16/22	3/16/23	3/15/24	3/10/25	3/16/26	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Telos Corporation

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	3.201	13.72	15.48	16.76	8.915	8.603	9	-
Change	-	328.52%	12.84%	8.26%	-46.8%	-3.5%	4.61%	-100%
Free Cash Flow (FCF) ¹	-5.907	11.25	-13.89	-39.7	21.27	29.89	36.67	51.1
Change	-	290.42%	-223.5%	-185.76%	153.58%	40.53%	22.7%	39.35%
Announcement Date	3/16/22	3/16/23	3/15/24	3/10/25	3/16/26	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Telos Corporation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	-	10.06%	8.98%	-3.69%	-8.88%	11.01%	13.59%	18.23%	24.33%
EBIT Margin (%)	-	7.74%	6.26%	-10.17%	-19.84%	4.06%	6.57%	11.31%	18.87%
EBT Margin (%)	-	-17.8%	-24.61%	-23.65%	-48.48%	-22.58%	-0.52%	1.27%	-
Net margin (%)	-	-17.79%	-24.63%	-23.68%	-48.51%	-22.18%	-0.09%	4.1%	-
FCF margin (%)	-	-2.44%	5.19%	-9.56%	-36.66%	12.9%	15.59%	18.67%	22.32%
FCF / Net Income (%)	-	13.69%	-21.05%	40.36%	75.58%	-58.19%	-18,223.93%	454.92%	-
Profitability
ROA	0.14%	-12.06%	-13.92%	-11.16%	-14.93%	-10.26%	-	-	-
ROE	-143.75%	-28.07%	-30.3%	-20.78%	-36.71%	-32.76%	-	-	-
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	1.32%	6.32%	10.65%	15.48%	5.41%	4.49%	4.58%	-
CAPEX / EBITDA (%)	-	13.12%	70.46%	-288.88%	-174.21%	49.15%	33.04%	25.14%	-
CAPEX / FCF (%)	-	-54.19%	121.95%	-111.42%	-42.21%	41.92%	28.78%	24.54%	-
Items per share
Cash flow per share ¹	-	-	0.244	0.0229	-0.361	0.4141	0.51	0.57	-
Change	-	-	-	-90.61%	-1,676.42%	214.71%	23.16%	11.76%	-
Dividend per Share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	2.7	-	2.296	1.77	-	1.22	1.4	-
Change	-	-	-	-	-22.93%	-	-	14.75%	-
EPS ¹	-	-0.65	-0.79	-0.5	-0.73	-0.5	-0.01	0.05	-
Change	-	-	-21.54%	36.71%	-46%	31.51%	98%	600%	-
Nbr of stocks (in thousands)	-	66,755	67,211	69,623	72,381	73,754	74,737	74,737	-
Announcement Date	-	3/16/22	3/16/23	3/15/24	3/10/25	3/16/26	-	-	-