Tile Shop Holdings, Inc. (TTSH)

Tile Shop Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	27.76	20.96	8.62	5.95	9.36	9.62
Cash & Short-Term Investments	27.76	20.96	8.62	5.95	9.36	9.62
Cash Growth	9.54%	143.12%	44.92%	-36.44%	-2.69%	5.63%
Accounts Receivable	4.34	3.09	2.88	3.41	3.2	2.98
Other Receivables	1.54	0.85	0.13	3.86	6.92	8.12
Receivables	5.88	3.94	3.01	7.27	10.13	11.09
Inventory	85.97	86.27	93.68	120.95	97.18	74.3
Restricted Cash	-	-	-	1.81	0.66	0.66
Other Current Assets	6.67	8.66	9.25	10.42	9.77	9
Total Current Assets	126.27	119.82	114.56	146.4	127.08	104.65
Property, Plant & Equipment	191.42	192.59	193.41	189.6	205.39	231.41
Long-Term Deferred Tax Assets	4.55	4.89	5.26	6.54	6.95	5.34
Other Long-Term Assets	1.87	2.3	3.45	3.29	1.34	1.29
Total Assets	324.11	319.6	316.67	345.82	340.76	342.69
Accounts Payable	25.61	23.81	23.35	23.51	30.88	15.38
Accrued Expenses	13.61	11.88	12.64	15.61	19.26	16.92
Current Portion of Leases	29.32	28.88	27.27	27.87	28.19	27.22
Current Income Taxes Payable	-	0.06	1.14	0	0.39	0.09
Current Unearned Revenue	10.96	10.88	10.72	11.32	13.79	12.23
Other Current Liabilities	3.28	2.89	3.64	4.99	5.2	4.96
Total Current Liabilities	82.78	78.39	78.75	83.29	97.71	76.8
Long-Term Debt	-	-	-	45.4	5	-
Long-Term Leases	112.4	113.7	112.7	103.35	110.26	122.68
Other Long-Term Liabilities	5.05	4.6	5.54	5.01	5.56	4.15
Total Liabilities	200.23	196.69	196.99	237.05	218.53	203.63
Common Stock	0	0	0	0	0.01	0.01
Additional Paid-In Capital	130.1	129.7	128.86	128	126.92	158.56
Retained Earnings	-6.23	-6.79	-9.11	-19.18	-4.71	-19.49
Comprehensive Income & Other	-	-	-0.07	-0.05	0.01	-0.01
Shareholders' Equity	123.88	122.91	119.69	108.77	122.22	139.06
Total Liabilities & Equity	324.11	319.6	316.67	345.82	340.76	342.69
Total Debt	141.72	142.58	139.96	176.62	143.45	149.9
Net Cash (Debt)	-113.96	-121.62	-131.34	-170.67	-134.09	-140.28
Net Cash Per Share	-2.60	-2.77	-3.01	-3.47	-2.62	-2.77
Filing Date Shares Outstanding	44.76	44.66	44.51	44.36	51.93	51.67
Total Common Shares Outstanding	44.78	44.66	44.51	44.38	51.96	51.7
Working Capital	43.49	41.43	35.81	63.11	29.37	27.85
Book Value Per Share	2.77	2.75	2.69	2.45	2.35	2.69
Tangible Book Value	123.88	122.91	119.69	108.77	122.22	139.06
Tangible Book Value Per Share	2.77	2.75	2.69	2.45	2.35	2.69
Land	-	0.9	0.9	0.9	0.9	0.9
Buildings	-	25.98	25.98	25.84	24.76	25.73
Machinery	-	245.2	237.6	236.94	225.73	222.93
Construction In Progress	-	1.92	2.87	1.65	0.68	0.77
Leasehold Improvements	-	107.32	102.24	99.95	98.53	97.51

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q