FTC Solar, Inc. (FTCI) Financials

$4.58

$0.01 (-0.22%)
Last update: 04:00 PM EST
Day's range
$4.38
Day's range
$4.65
$300M$300M$200M$200M$100M$100M$0$0-$100M-$100M-$200M-$200MEarning2019201920202020202120212022202220232023202420240%0%-50%-50%-100%-100%-150%-150%-200%-200%-250%-250%Profit Margin
Profit Margin
Revenue
Earnings

FTCI Income statement / Annual

Last year (2024), FTC Solar, Inc.'s total revenue was $47.36 M, a decrease of 62.71% from the previous year. In 2024, FTC Solar, Inc.'s net income was -$48.61 M. See FTC Solar, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Operating Revenue $47.36 M $127.00 M $123.07 M $270.53 M $187.35 M $53.12 M
Cost of Revenue $59.95 M $118.70 M $150.29 M $303.07 M $183.71 M $55.08 M
Gross Profit -$12.59 M $8.31 M -$27.23 M -$32.55 M $3.64 M -$1.95 M
Gross Profit Ratio -0.27 0.07 -0.22 -0.12 0.02 -0.04
Research and Development Expenses $5.92 M $7.17 M $9.95 M $11.54 M $5.22 M $3.96 M
General & Administrative Expenses $25.44 M $37.11 M $53.74 M $75.90 M $11.80 M $4.56 M
Selling & Marketing Expenses $8.88 M $14.81 M $8.66 M $6.82 M $3.55 M $1.90 M
Selling, General & Administrative Expenses $34.32 M $51.92 M $62.40 M $82.72 M $15.34 M $6.46 M
Other Expenses $0.00 $0.00 -$373.00 K -$67.00 K $0.00 $0.00
Operating Expenses $40.24 M $59.08 M $72.34 M $94.26 M $20.57 M $10.42 M
Cost And Expenses $100.19 M $177.78 M $222.64 M $397.33 M $204.28 M $65.50 M
Interest Income $0.00 $0.00 $978.00 K $814.00 K $364.00 K $454.00 K
Interest Expense $319.00 K $253.00 K $978.00 K $814.00 K $480.00 K $454.00 K
Depreciation & Amortization $1.67 M $1.38 M $900.00 K $232.00 K $47.00 K $412.00 K
EBITDA -$46.04 M -$49.00 M -$97.30 M -$105.37 M -$16.88 M -$11.96 M
EBITDA Ratio -0.97 -0.39 -0.79 -0.39 -0.09 -0.23
Operating Income Ratio -1.12 -0.4 -0.81 -0.47 -0.09 -0.23
Total Other Income/Expenses Net $4.45 M $149.00 K $394.00 K $20.38 M -$480.00 K -$1.16 M
Income Before Tax -$48.38 M -$50.63 M -$99.18 M -$106.42 M -$17.41 M -$13.53 M
Income Before Tax Ratio -1.02 -0.4 -0.81 -0.39 -0.09 -0.25
Income Tax Expense $230.00 K -$338.00 K $435.00 K $169.00 K -$83.00 K -$39.00 K
Net Income -$48.61 M -$50.29 M -$99.61 M -$106.59 M -$17.32 M -$13.50 M
Net Income Ratio -1.03 -0.4 -0.81 -0.39 -0.09 -0.25
EPS -3.83 -0.44 -0.98 -1.24 -0.2 -0.16
EPS Diluted -3.83 -0.44 -0.98 -1.24 -0.2 -0.16
Weighted Average Shares Out $126.76 M $115.55 M $101.41 M $86.04 M $85.06 M $82.16 M
Weighted Average Shares Out Diluted $126.76 M $115.55 M $101.41 M $86.04 M $85.06 M $82.16 M
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