FTCI FTC Solar Inc

  1. Stocks
  2. Technology
  3. NASDAQ: FTCI

Price (delayed)

$2.185

Market cap

$35.97M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$3.72

Enterprise value

$48.63M

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Relative Growth: Rel. Growth: 33
Relative Strength: Rel. Strength: 3
Relative Valuation: Rel. Valuation: 37
Relative Profitability: Rel. Profitability: 5

FTC Solar is a leading, global provider of solar tracker systems, software, and engineering services. FTC Solar's Digital Solutions offers a portfolio of synergistic, highly secure, and user-friendly products that ...

Highlights
FTCI's gross profit has surged by 126% since the previous quarter and by 120% year-on-year
FTCI's gross margin has soared by 114% from the previous quarter and by 112% YoY
FTCI's debt has surged by 110% year-on-year and by 3.1% since the previous quarter
FTCI's quick ratio is down by 34% from the previous quarter and by 20% YoY
Sector: Technology
Industry: Solar
Peers: ITRI INTT

Key stats

What are the main financial stats of FTCI

FTCI stock price

How has the FTC Solar stock price performed over time
Intraday
2.34%
1 week
-17.86%
1 month
-8.58%
1 year
-70.51%
YTD
-79.97%
QTD
1.63%

Financial performance

How have FTC Solar's revenue and profit performed over time
Revenue
$102.31M
Gross profit
$3.03M
Operating income
-$39.15M
Net income
-$54.85M
Gross margin
3%
Net margin
-53.6%
FTCI's gross profit has surged by 126% since the previous quarter and by 120% year-on-year
FTCI's gross margin has soared by 114% from the previous quarter and by 112% YoY
FTC Solar's revenue has surged by 60% YoY and by 6% QoQ
The operating margin has surged by 51% year-on-year

Price vs fundamentals

How does FTCI's price correlate with its fundamentals

Growth

What is FTC Solar's growth rate over time

Valuation

What is FTC Solar stock price valuation
P/E
N/A
P/B
N/A
P/S
0.34
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.48
FTC Solar's EPS has decreased by 16% QoQ and by 2.2% YoY
The price to sales (P/S) is 76% less than the 5-year quarterly average of 1.4 and 70% less than the last 4 quarters average of 1.1
FTC Solar's revenue has surged by 60% YoY and by 6% QoQ

Efficiency

How efficient is FTC Solar business performance
FTC Solar's return on sales has increased by 45% YoY but it has decreased by 17% QoQ
The return on invested capital has declined by 36% since the previous quarter but it has increased by 31% year-on-year
FTC Solar's return on assets has decreased by 22% QoQ but it has increased by 2.6% YoY

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 24% lower than its total liabilities
The total liabilities has surged by 74% year-on-year and by 23% since the previous quarter
FTCI's quick ratio is down by 34% from the previous quarter and by 20% YoY
FTCI's debt is 178% greater than its equity
The debt to equity has plunged by 162% YoY but it has soared by 79% from the previous quarter
FTCI's debt has surged by 110% year-on-year and by 3.1% since the previous quarter

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