Dave Sheridan's questions to TSS Inc (TSSI) leadership • Q1 2025
Question
An investor, Dave Sheridan, inquired about the company's plans for its old facility, including ongoing costs and potential uses, and asked if management had provided a revenue forecast for the new facility at full capacity.
Answer
Executive Darryll Dewan explained that the costs for the old Round Rock facility are factored into their business model. He outlined future options, including using it for business expansion or subleasing it at favorable market rates. Both Darryll Dewan and Executive Daniel Chism confirmed that no top-line revenue guidance was given for the new facility, but reiterated the full-year guidance for adjusted EBITDA to increase by at least 50% over the prior year.