Tandy Leather Factory Reports Fourth Quarter and Full Year 2023 Results - Seite 2

The Company will host an investor presentation online (via Zoom) and by phone on Tuesday March 26, at 9:00 am CDT to discuss the Company’s first quarter operating results. Please note that those wishing to ask questions during the presentation will need to have an audio connection (by device or phone dial-in) in order to do so; questions submitted by text or chat will not be read aloud during the presentation but may be answered privately afterwards. Investors and other interested participants may attend the presentation on the web or by phone as follows:

Topic: Tandy Leather 2023 Year-End Investor Call
Time: March 26, 2024, 9:00 AM Central Time (US and Canada)

Join Zoom Meeting
https://us06web.zoom.us/j/84143000816

Meeting ID: 841 4300 0816

One tap mobile
[phone],,84143000816# US
[phone],,84143000816# US (New York)

Dial by your location
• [phone] US
• [phone] US (New York)
• [phone] US (Washington DC)
• [phone] US
• [phone] US
• [phone] US (Chicago)
• [phone] US
• [phone] US
• [phone] US
• [phone] US (San Jose)
• [phone] US
• [phone] US
• [phone] US
• [phone] US (Tacoma)
• [phone] US (Houston)
• [phone] US
• [phone] US
• 833 548 0276 US Toll-free
• 833 548 0282 US Toll-free
• 833 928 4608 US Toll-free
• 833 928 4609 US Toll-free
• 833 928 4610 US Toll-free
• 877 853 5257 US Toll-free
• 888 475 4499 US Toll-free

Find your local number: https://us06web.zoom.us/u/kcV4PC2diu

* Adjusted EBITDA is a non-GAAP financial measure that the Company believes helps investors to compare its operating performance to that of other companies. The following is a reconciliation of the Company’s net income to Adjusted EBITDA (in millions):

		Year ended December 31, 2023
Net income		$3.8
Add back:
Depreciation and amortization			1.2
Interest income			(0.1	)
Income tax provision			0.8
Stock-based compensation			0.8
Adjusted EBITDA		$6.5

Tandy Leather Factory, Inc., (http://www.tandyleather.com), headquartered in Fort Worth, Texas, is a specialty retailer of a broad product line, including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products through its 101 North American stores located in 40 US states and six Canadian provinces, and one store located in Spain.  Its common stock trades on the Nasdaq Capital Market under the symbol “TLF”. To be included on Tandy Leather Factory's email distribution list, go to: http://www.b2i.us/irpass.asp?BzID=1625&to=ea&s=0.