FTCI FTC Solar Inc

  1. Stocks
  2. Technology
  3. NASDAQ: FTCI

Price (delayed)

$0.43

Market cap

$54.01M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$0.44

Enterprise value

$29.9M

Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is a fast-growing, global provider of solar tracker systems, technology, software, and engineering services.  Solar trackers significantly increase ...

Highlights
FTCI's gross profit has surged by 131% year-on-year and by 46% since the previous quarter
FTCI's gross margin has soared by 129% YoY and by 48% from the previous quarter
FTCI's debt is up by 43% year-on-year but it is down by 14% since the previous quarter
FTCI's quick ratio is down by 10% from the previous quarter but it is up by 7% YoY
FTC Solar's equity has decreased by 16% from the previous quarter and by 6% YoY
Sector: Technology
Industry: Solar
Website: http://www.ftcsolar.com
Peers: ITRI INTT

Key stats

What are the main financial stats of FTCI
Market
Shares outstanding
125.61M
Market cap
$54.01M
Enterprise value
$29.9M
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
0.86
Price to sales (P/S)
0.39
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.24
Earnings
Revenue
$127M
EBIT
-$50.38M
EBITDA
-$49M
Free cash flow
-$53.47M
Per share
EPS
-$0.44
Free cash flow per share
-$0.46
Book value per share
$0.5
Revenue per share
$1.1
TBVPS
$1
Balance sheet
Total assets
$123.07M
Total liabilities
$60.6M
Debt
$1.12M
Equity
$62.47M
Working capital
$53.84M
Liquidity
Debt to equity
0.02
Current ratio
1.98
Quick ratio
1.66
Net debt/EBITDA
0.49
Margins
EBITDA margin
-38.6%
Gross margin
6.5%
Net margin
-39.6%
Operating margin
-40%
Efficiency
Return on assets
-37.5%
Return on equity
-70.8%
Return on invested capital
-131.8%
Return on capital employed
-73.6%
Return on sales
-39.7%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

FTCI stock price

How has the FTC Solar stock price performed over time
Intraday
7.5%
1 week
10.26%
1 month
-17.15%
1 year
-83.27%
YTD
-37.93%
QTD
-20.22%

Financial performance

How have FTC Solar's revenue and profit performed over time
Revenue
$127M
Gross profit
$8.31M
Operating income
-$50.78M
Net income
-$50.29M
Gross margin
6.5%
Net margin
-39.6%
FTCI's gross profit has surged by 131% year-on-year and by 46% since the previous quarter
FTCI's gross margin has soared by 129% YoY and by 48% from the previous quarter
FTCI's net margin has surged by 51% year-on-year and by 14% since the previous quarter
The operating margin has surged by 51% year-on-year and by 12% since the previous quarter

Growth

What is FTC Solar's growth rate over time

Valuation

What is FTC Solar stock price valuation
P/E
N/A
P/B
0.86
P/S
0.39
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.24
FTC Solar's EPS has surged by 55% YoY and by 17% QoQ
FTCI's price to book (P/B) is 70% lower than its last 4 quarters average of 2.9
FTC Solar's equity has decreased by 16% from the previous quarter and by 6% YoY
The price to sales (P/S) is 78% less than the last 4 quarters average of 1.8
FTC Solar's revenue has increased by 3.2% YoY but it has decreased by 2.3% QoQ

Efficiency

How efficient is FTC Solar business performance
FTC Solar's return on sales has surged by 50% YoY and by 12% QoQ
The return on invested capital has increased by 45% year-on-year and by 22% since the previous quarter
FTC Solar's return on assets has increased by 36% YoY and by 14% QoQ
FTC Solar's return on equity has increased by 35% YoY and by 14% QoQ

Dividends

What is FTCI's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for FTCI.

Financial health

How did FTC Solar financials performed over time
FTC Solar's total assets is 103% higher than its total liabilities
The total liabilities has declined by 11% year-on-year and by 2.6% since the previous quarter
FTCI's quick ratio is down by 10% from the previous quarter but it is up by 7% YoY
FTCI's debt is 98% smaller than its equity
The debt to equity has soared by 100% YoY
FTCI's debt is up by 43% year-on-year but it is down by 14% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.