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FTCI FTC Solar Inc
- Stocks
- Technology
- NASDAQ: FTCI
Price (delayed)
$4.09
Market cap
$53.46M
P/E Ratio
N/A
Dividend/share
N/A
EPS
-$3.43
Enterprise value
$58.07M
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
FTC Solar's EPS has increased by 11% YoY and by 10% QoQ
The net income rose by 10% QoQ and by 8% YoY
FTC Solar's revenue has decreased by 44% YoY but it has increased by 17% QoQ
FTC Solar's equity has plunged by 72% YoY and by 18% from the previous quarter
FTCI's quick ratio is down by 34% YoY and by 4.8% from the previous quarter
Key stats
What are the main financial stats of FTCI
Market
Valuations
Earnings
Shares outstanding
13.07M
Market cap
$53.46M
Enterprise value
$58.07M
Price to earnings (P/E)
N/A
Price to book (P/B)
3.39
Price to sales (P/S)
0.95
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
1.04
Revenue
$55.57M
Gross profit
-$13.93M
Operating income
-$50.89M
Net income
-$43.65M
EBIT
-$42.27M
EBITDA
-$40.7M
Free cash flow
-$32.62M
Per share
Balance sheet
Liquidity
EPS
-$3.43
EPS diluted
-$3.71
Free cash flow per share
-$2.53
Book value per share
$1.21
Revenue per share
$4.31
TBVPS
$5.97
Total assets
$84.06M
Total liabilities
$68.53M
Debt
$10.51M
Equity
$15.53M
Working capital
$20.2M
Debt to equity
0.68
Current ratio
1.4
Quick ratio
0.99
Net debt/EBITDA
-0.11
Margins
Efficiency
Dividend
EBITDA margin
-73.2%
Gross margin
-25.1%
Net margin
-78.6%
Operating margin
-91.6%
Return on assets
-47.7%
Return on equity
-159.9%
Return on invested capital
-147.9%
Return on capital employed
-127.4%
Return on sales
-76.1%
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
-1.45%
1 week
21.36%
1 month
61.66%
1 year
-15.67%
YTD
-25.77%
QTD
42.51%
Financial performance
How have FTC Solar's revenue and profit performed over time
Revenue
$55.57M
Gross profit
-$13.93M
Operating income
-$50.89M
Net income
-$43.65M
Gross margin
-25.1%
Net margin
-78.6%
The operating margin has dropped by 78% year-on-year but it has increased by 18% since the previous quarter
FTCI's net margin has dropped by 64% year-on-year but it is up by 23% since the previous quarter
FTC Solar's revenue has decreased by 44% YoY but it has increased by 17% QoQ
FTCI's gross profit is down by 11% since the previous quarter
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
3.39
P/S
0.95
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
1.04
FTC Solar's EPS has increased by 11% YoY and by 10% QoQ
FTC Solar's equity has plunged by 72% YoY and by 18% from the previous quarter
FTCI's price to book (P/B) is 36% higher than its last 4 quarters average of 2.5 and 2.7% higher than its 5-year quarterly average of 3.3
The price to sales (P/S) is 50% less than the 5-year quarterly average of 1.9 and 14% less than the last 4 quarters average of 1.1
FTC Solar's revenue has decreased by 44% YoY but it has increased by 17% QoQ
Efficiency
How efficient is FTC Solar business performance
FTC Solar's return on equity has shrunk by 129% YoY and by 22% QoQ
FTC Solar's return on sales has shrunk by 59% YoY but it has increased by 25% QoQ
FTC Solar's return on assets has decreased by 29% YoY but it has increased by 2.7% QoQ
The return on invested capital has declined by 28% year-on-year but it has increased by 6% since the previous quarter
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 23% higher than its total liabilities
FTCI's quick ratio is down by 34% YoY and by 4.8% from the previous quarter
FTC Solar's total assets has decreased by 27% YoY and by 7% QoQ
FTCI's debt is 32% smaller than its equity
FTC Solar's equity has plunged by 72% YoY and by 18% from the previous quarter
The debt to equity has grown by 31% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.