XNASFTCI
Market cap62mUSD
Jan 08, Last price
4.84USD
1D
-11.19%
1Q
969.61%
IPO
-64.70%
Name
FTC Solar Inc
Chart & Performance
P/E
—
P/S
0.49
EPS
—
Div Yield, %
0.00%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
127m
+3.20%
Net income
-50m
L-49.51%
CFO
-53m
L-3.40%
Earnings
Mar 11, 2025
Profile
FTC Solar, Inc. provides solar tracker systems, technology, software, and engineering services in the United States, Vietnam, and internationally. It offers two-panel in-portrait single-axis tracker solutions under the Voyager brand name. The company also provides SunPath, a software solution to enhance energy production; Atlas, a web-based enterprise-level database that allows users to manage their project portfolio; and SunDAT, a software solution enables automated design and optimization of solar panel systems across residential, commercial, and utility-scale sites. Its customers include project developers; solar asset owners; and engineering, procurement, and construction contractors that design and build solar energy projects. FTC Solar, Inc. was incorporated in 2017 and is headquartered in Austin, Texas.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | |
| Income | |||||
Revenues | 127,002 3.20% | 123,066 -54.51% | |||
Cost of revenue | 177,779 | 222,638 | |||
Unusual Expense (Income) | |||||
NOPBT | (50,777) | (99,572) | |||
NOPBT Margin | |||||
Operating Taxes | (338) | 435 | |||
Tax Rate | |||||
NOPAT | (50,439) | (100,007) | |||
Net income | (50,290) -49.51% | (99,613) -6.54% | |||
Dividends | |||||
Dividend yield | |||||
Proceeds from repurchase of equity | 34,007 | 903 | |||
BB yield | -42.48% | -0.33% | |||
| Debt | |||||
Debt current | 740 | 417 | |||
Long-term debt | 3,372 | 1,572 | |||
Deferred revenue | |||||
Other long-term liabilities | 3,686 | 6,822 | |||
Net debt | (21,363) | (42,396) | |||
| Cash flow | |||||
Cash from operating activities | (52,656) | (54,510) | |||
CAPEX | (816) | (985) | |||
Cash from investing activities | (397) | (4,247) | |||
Cash from financing activities | 33,950 | 903 | |||
FCF | (66,279) | (89,260) | |||
| Balance | |||||
Cash | 25,235 | 44,385 | |||
Long term investments | 240 | ||||
Excess cash | 19,125 | 38,232 | |||
Stockholders' equity | (299,415) | (248,895) | |||
Invested Capital | 368,560 | 322,927 | |||
ROIC | |||||
ROCE | |||||
| EV | |||||
Common stock shares outstanding | 115,546 | 101,408 | |||
Price | 0.69 -74.15% | 2.68 -64.55% | |||
Market cap | 80,050 -70.55% | 271,774 -58.22% | |||
EV | 58,687 | 229,378 | |||
EBITDA | (49,402) | (98,672) | |||
EV/EBITDA | |||||
Interest | 253 | 978 | |||
Interest/NOPBT | |||||