Flagship explainer

How EDAP TMS SA makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$70.5M · 100%Cost of revenue$40.5M · 57%Gross profit$30M · 43%Operating income−$24.7M · −35%Income before tax−$28.8M · −41%Income tax$438000 · 1%Net income−$29.2M · −41%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$70.5M100%
Cost of revenue$40.5M57%
$30M43%
−$24.7M−35%
Income before tax−$28.8M−41%
Income tax$4380001%
−$29.2M−41%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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