Telos Corporation (TLS) Bundle
A Brief History of Telos Corporation (TLS)
Foundation and Early Years
Telos Corporation was founded in 1968 in the United States, focusing on technology solutions for federal government clients. The company originally specialized in information technology and systems integration.
Public Listing and Growth
In December 2020, Telos Corporation became publicly traded on the NASDAQ under the ticker symbol TLS. The company's initial public offering (IPO) raised approximately $100 million.
Financial Performance
For the fiscal year 2022, Telos reported total revenue of $136 million, an increase from $121 million in fiscal year 2021. The net loss for the same period was approximately $18 million.
Key Acquisitions
In 2021, Telos acquired the cybersecurity firm, IPKeys Technologies, for approximately $28 million, enhancing its capabilities in secure network systems.
Product Offerings
Telos provides various products, including:
- Telos Identity Management Solutions
- Telos Xacta - a risk management framework
- Telos Ghost - for secure communications
Market Presence
As of October 2023, Telos Corporation holds a market capitalization of approximately $378 million.
Employee Statistics
Telos has over 600 employees as of 2023, with a focus on recruiting experienced professionals in cybersecurity and technology fields.
Client Base
Telos serves a diverse range of clients, primarily within the federal government sector, including:
- Department of Defense
- Department of Homeland Security
- Federal Aviation Administration
Financial Overview Table
| Year | Revenue ($ Million) | Net Loss ($ Million) | Market Cap ($ Million) |
|---|---|---|---|
| 2020 | 100 | -10 | Data Unavailable |
| 2021 | 121 | -15 | Data Unavailable |
| 2022 | 136 | -18 | Data Unavailable |
| 2023 | Data Unavailable | Data Unavailable | 378 |
Future Outlook
Telos Corporation aims for continued growth in the cybersecurity domain, targeting a projected revenue increase of 15% annually for the next five years.
A Who Owns Telos Corporation (TLS)
Company Overview
Telos Corporation (TLS) is known for its innovative cybersecurity and secure communications solutions. As of September 30, 2023, Telos has positioned itself strategically within the defense and government sectors.
Ownership Structure
The ownership of Telos Corporation encompasses various institutional and individual investors. As of the latest filings:
| Shareholder Type | Ownership Percentage | Number of Shares Owned | Last Reported Date |
|---|---|---|---|
| Institutional Investors | 45% | 11,250,000 | September 2023 |
| Individual Investors | 30% | 7,500,000 | September 2023 |
| Company Executives | 10% | 2,500,000 | September 2023 |
| Other Shareholders | 15% | 3,750,000 | September 2023 |
Major Institutional Shareholders
Within the institutional investor category, key shareholders include:
| Institution | Ownership Percentage | Number of Shares Owned | Investment Type |
|---|---|---|---|
| BlackRock, Inc. | 7% | 1,750,000 | Mutual Fund |
| The Vanguard Group, Inc. | 6% | 1,500,000 | Index Fund |
| Invesco Ltd. | 5% | 1,250,000 | Exchange-Traded Fund |
| State Street Corporation | 4% | 1,000,000 | Institutional Fund |
Executive Ownership
As for the executives, their ownership stakes demonstrate a commitment to the company:
| Name | Position | Shares Owned | Percentage of Total Shares |
|---|---|---|---|
| John B. Wood | CEO | 1,000,000 | 4% |
| Mark J. McGraw | CFO | 750,000 | 3% |
| Jane D. Smith | CTO | 500,000 | 2% |
| Richard T. Lee | COO | 250,000 | 1% |
Recent Stock Performance
As of October 2023, Telos Corporation's stock (TLS) shows significant market activity:
| Metric | Value |
|---|---|
| Current Stock Price | $10.25 |
| Market Capitalization | $1.95 Billion |
| P/E Ratio | 35.4 |
| 52-Week High | $12.50 |
| 52-Week Low | $8.00 |
Conclusion on Ownership Influence
The ownership distribution and structure of Telos Corporation consist largely of institutional investors and key executives, which play a vital role in shaping the corporate strategy and financial performance of the company.
Telos Corporation (TLS) Mission Statement
Overview
Telos Corporation (TLS) is dedicated to delivering solutions that enhance the security and performance of its clients' operations. The mission statement emphasizes a commitment to trust, innovation, and exceeding customer expectations. With a focus on cybersecurity, cloud computing, and IT solutions, Telos aims to support both government and commercial sectors.
Mission Elements
- Trust: Building and maintaining strong relationships with stakeholders.
- Innovation: Developing cutting-edge technology solutions.
- Excellence: Striving to exceed customer expectations in service delivery.
- Responsiveness: Adapting quickly to the evolving needs of clients.
Corporate Values
Telos Corporation's corporate values align with its mission statement and include:
- Integrity: Conducting business in an ethical manner.
- Collaboration: Working together to achieve common goals.
- Accountability: Taking responsibility for actions and outcomes.
- Customer Centricity: Placing the needs of customers at the forefront.
Financial Performance
Telos Corporation has shown steady financial growth. The latest fiscal year reports indicate:
| Fiscal Year | Revenue (in millions) | Net Income (in millions) | Operating Income (in millions) |
|---|---|---|---|
| 2022 | $106.1 | $2.5 | $7.8 |
| 2021 | $97.3 | $1.9 | $6.5 |
| 2020 | $89.4 | $1.7 | $6.0 |
Market Position
Telos operates in a competitive landscape, focusing on specific areas within cybersecurity and IT services. As of 2023, the company's market capitalization stands at approximately $326 million.
Client Base
Telos serves a diverse array of clients, including:
- Federal Government Agencies
- State and Local Governments
- Commercial Enterprises
- International Markets
Recent Developments
In recent years, Telos Corporation has undertaken significant initiatives to bolster its mission:
- Expansion of its cybersecurity portfolio, achieving a 20% growth in service contracts.
- Introduction of new cloud solutions, generating an additional $15 million in revenue in 2023.
- Strategic partnerships with leading technology firms to enhance service offerings.
Commitment to Sustainability
Telos Corporation is also focused on sustainability, with initiatives including:
- Reducing carbon footprint by 30% by 2025.
- Implementing sustainable practices in its operations.
- Engaging in community support programs.
How Telos Corporation (TLS) Works
Overview of Telos Corporation
Overview of Telos Corporation
Telos Corporation operates primarily in the cybersecurity and secure communications sectors. Founded in 1968, the company focuses on providing advanced technology solutions to government and commercial clients.
Business Segments
- Cybersecurity
- Secure communications
- Cloud computing solutions
- Software development
Financial Performance
For the fiscal year ending December 31, 2022, Telos Corporation reported total revenues of $113.5 million. The gross profit was $36.4 million, leading to a gross margin of 32.1%.
| Year | Total Revenue (in millions) | Gross Profit (in millions) | Gross Margin (%) |
|---|---|---|---|
| 2022 | $113.5 | $36.4 | 32.1% |
| 2021 | $97.2 | $28.3 | 29.1% |
| 2020 | $85.9 | $24.5 | 28.6% |
Key Clients
Telos Corporation services various sectors including:
- Federal government agencies
- Intelligence community
- Commercial enterprises
Recent Developments
In Q3 2023, Telos Corporation secured a $49 million contract with a federal agency to provide cybersecurity services. This contract is expected to significantly boost their revenue stream.
Market Position
As of October 2023, Telos Corporation's market capitalization was approximately $400 million. The stock price hovered around $8.50 per share.
| Metric | Value |
|---|---|
| Market Capitalization (in millions) | $400 |
| Stock Price (in USD) | $8.50 |
| Employee Count | Approximately 1,200 |
Investment and R&D
In 2022, Telos Corporation allocated around $5 million towards research and development, focusing on enhancing their cybersecurity technologies and cloud services.
Competitive Landscape
Competitors in the cybersecurity industry include:
- Cybereason
- CrowdStrike
- Palo Alto Networks
Future Outlook
Analysts project a revenue growth rate of 15% annually over the next five years, driven by increased demand for cybersecurity solutions across various sectors.
How Telos Corporation (TLS) Makes Money
Government Contracting
Telos Corporation generates a significant portion of its revenue through government contracts. As of 2022, approximately $250 million of its annual revenue came from various U.S. government agencies, including the Department of Defense (DoD) and other federal entities.
Cybersecurity Solutions
The company offers a range of cybersecurity solutions, which accounted for around 45% of its total revenue in 2022. These solutions include:
- Cybersecurity software
- Risk assessment services
- Threat detection and response
Software Development and Services
Telos also engages in software development and IT services, contributing roughly $200 million annually. These services include:
- Custom software development
- Systems integration
- Cloud services
| Revenue Source | Amount (in millions) | Percentage of Total Revenue |
|---|---|---|
| Government Contracting | $250 | 55% |
| Cybersecurity Solutions | $200 | 45% |
| Software Development and Services | $200 | 45% |
Recurring Revenue Streams
Telos Corporation has established recurring revenue streams, particularly through subscriptions to its cybersecurity software products. In 2022, recurring revenues were estimated at $50 million.
Market Expansion and Partnerships
Telos is actively expanding its market presence through partnerships with other tech firms and industry leaders, aiming to enhance its product offerings. Recent partnerships have the potential to increase revenue by an estimated 20% over the next two years.
Financial Performance
For the fiscal year ending 2022, Telos Corporation reported total revenues of approximately $450 million with a net income of $30 million. The company's gross profit margin stood at around 30%.
| Financial Metric | Amount |
|---|---|
| Total Revenue | $450 million |
| Net Income | $30 million |
| Gross Profit Margin | 30% |
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