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FTCI FTC Solar Inc

Price (delayed)

$0.413

Market cap

$52.77M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$0.38

Enterprise value

$45.4M

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 debt is down by 33% year-on-year and by 20% since the previous quarter
FTC Solar's EPS has increased by 28% YoY and by 5% QoQ
FTC Solar's equity has plunged by 59% YoY and by 31% from the previous quarter
FTCI's quick ratio has plunged by 57% YoY and by 22% from the previous quarter

Key stats

What are the main financial stats of FTCI
Market
Shares outstanding
127.77M
Market cap
$52.77M
Enterprise value
$45.4M
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
1.73
Price to sales (P/S)
0.92
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.79
Earnings
Revenue
$57.35M
EBIT
-$47.59M
EBITDA
-$45.99M
Free cash flow
-$25.99M
Per share
EPS
-$0.38
Free cash flow per share
-$0.2
Book value per share
$0.24
Revenue per share
$0.45
TBVPS
$0.66
Balance sheet
Total assets
$91.69M
Total liabilities
$61.29M
Debt
$883,000
Equity
$30.41M
Working capital
$18.88M
Liquidity
Debt to equity
0.03
Current ratio
1.33
Quick ratio
0.8
Net debt/EBITDA
0.16
Margins
EBITDA margin
-80.2%
Gross margin
-14.1%
Net margin
-82.9%
Operating margin
-89.2%
Efficiency
Return on assets
-44.2%
Return on equity
-98.9%
Return on invested capital
-151.5%
Return on capital employed
-138.6%
Return on sales
-83%
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
3.25%
1 week
-6.16%
1 month
-37.42%
1 year
-25.19%
YTD
-40.39%
QTD
-39.32%

Financial performance

How have FTC Solar's revenue and profit performed over time
Revenue
$57.35M
Gross profit
-$8.07M
Operating income
-$51.14M
Net income
-$47.55M
Gross margin
-14.1%
Net margin
-82.9%
The operating margin has dropped by 97% year-on-year and by 32% since the previous quarter
FTCI's net margin has dropped by 81% year-on-year and by 31% since the previous quarter
FTC Solar's revenue has shrunk by 56% YoY and by 26% QoQ
The net income rose by 20% YoY and by 3.2% QoQ

Growth

What is FTC Solar's growth rate over time

Valuation

What is FTC Solar stock price valuation
P/E
N/A
P/B
1.73
P/S
0.92
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.79
FTC Solar's EPS has increased by 28% YoY and by 5% QoQ
FTC Solar's equity has plunged by 59% YoY and by 31% from the previous quarter
FTCI's price to book (P/B) is 8% higher than its last 4 quarters average of 1.6
FTC Solar's revenue has shrunk by 56% YoY and by 26% QoQ
The price to sales (P/S) is 2.2% more than the last 4 quarters average of 0.9

Efficiency

How efficient is FTC Solar business performance
FTC Solar's return on sales has shrunk by 84% YoY and by 31% QoQ
FTC Solar's return on equity has decreased by 19% YoY and by 19% QoQ
The return on invested capital has declined by 15% since the previous quarter but it has increased by 11% year-on-year
FTC Solar's return on assets has decreased by 7% 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 50% higher than its total liabilities
FTCI's quick ratio has plunged by 57% YoY and by 22% from the previous quarter
FTC Solar's current ratio has decreased by 39% YoY and by 19% QoQ
FTCI's debt is 97% smaller than its equity
FTC Solar's equity has plunged by 59% YoY and by 31% from the previous quarter
The debt to equity has soared by 50% YoY

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