Company: TCMD
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001558370-25-003924
Chunk: 79

Company: TACTILE SYSTEMS TECHNOLOGY INC
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 79
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actilemedical.com.

| ​  | ​                                |
| 82 | Tactile Systems Technology, Inc. |

INCORPORATION BY REFERENCE Notwithstanding anything to the contrary set forth in any of our previous filings under the Securities Act or the Exchange Act that may incorporate future filings (including this Proxy Statement, in whole or in part), the Audit Committee Report and the Compensation and Organization Committee Report included in this Proxy Statement shall not be incorporated by reference in any such filings.

#### ​​2025 Proxy Statement83​
APPE NDIX A RECONCILIATION OF NON-GAAP FINANCIAL MEASURES Adjusted EBITDA is referenced in this Proxy Statement and represents net income less interest income, net, plus income tax expense, plus depreciation and amortization, plus stock-based compensation expense, and plus executive transition costs. Adjusted EBITDA margin represents net income margin (net income divided by revenue) with the same items adjusted as in Adjusted EBITDA. Adjusted EBITDA and Adjusted EBITDA Margin are non-GAAP financial measures and should not be considered as alternatives to, or superior to, net income or loss as a measure of financial performance or cash flows from operations as a measure of liquidity, or any other performance measure derived in accordance with GAAP, and should not be construed to imply that the Company’s future results will be unaffected by unusual or non-recurring items. The Company’s definition of these measure is not necessarily comparable to other similarly titled captions of other companies due to different methods of calculation. The following table contains a reconciliation of Net Income to Adjusted EBITDA:

| ​                                
 (In thousands)                   | ​ | ​ 
 ​ |                            ​ 
 Year Ended December 31, 2024 | ​ | ​ 
 ​ |                            ​ 
 Year Ended December 31, 2023 |
|:---------------------------------|:--|:--|-----------------------------:|:--|:--|-----------------------------:|
| Net Income                       |   | $ |                       16,960 |   | $ |                       28,515 |
| Interest (income) expense, net   | ​ | ​ |                       -1,299 | ​ | ​ |                        2,273 |
| Income tax expense (benefit)     | ​ | ​ |                        6,529 | ​ | ​ |                      -12,745 |
| Depreciation and amortization    | ​ | ​ |                        6,793 | ​ | ​ |