FTCI FTC Solar Inc
Price (delayed)
$2.95
Market cap
$37.96M
P/E Ratio
N/A
Dividend/share
N/A
EPS
-$3.83
Enterprise value
$36.59M
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 quick ratio is down by 37% YoY but it is up by 30% from the previous quarter
FTC Solar's EPS has increased by 12% YoY but it has decreased by 2.1% QoQ
FTCI's gross margin has plunged by 89% from the previous quarter
FTC Solar's equity has plunged by 70% YoY and by 37% from the previous quarter
Key stats
What are the main financial stats of FTCI
Market
Valuations
Earnings
Shares outstanding
12.87M
Market cap
$37.96M
Enterprise value
$36.59M
Price to earnings (P/E)
N/A
Price to book (P/B)
1.98
Price to sales (P/S)
0.79
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.77
Revenue
$47.36M
Gross profit
-$12.59M
Operating income
-$52.83M
Net income
-$48.61M
EBIT
-$48.06M
EBITDA
-$46.39M
Free cash flow
-$36.34M
Per share
Balance sheet
Liquidity
EPS
-$3.83
EPS diluted
-$3.83
Free cash flow per share
-$2.87
Book value per share
$1.49
Revenue per share
$3.74
TBVPS
$6.53
Total assets
$89.93M
Total liabilities
$70.89M
Debt
$9.88M
Equity
$19.04M
Working capital
$27.06M
Debt to equity
0.52
Current ratio
1.55
Quick ratio
1.04
Net debt/EBITDA
0.03
Margins
Efficiency
Dividend
EBITDA margin
-98%
Gross margin
-26.6%
Net margin
-102.6%
Operating margin
-111.6%
Return on assets
-49%
Return on equity
-130.6%
Return on invested capital
-158.1%
Return on capital employed
-117.6%
Return on sales
-101.5%
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
7.27%
1 week
11.74%
1 month
-6.65%
1 year
-39.18%
YTD
-46.46%
QTD
2.79%
Financial performance
How have FTC Solar's revenue and profit performed over time
Revenue
$47.36M
Gross profit
-$12.59M
Operating income
-$52.83M
Net income
-$48.61M
Gross margin
-26.6%
Net margin
-102.6%
The operating margin has dropped by 179% year-on-year and by 25% since the previous quarter
FTCI's net margin has dropped by 159% year-on-year and by 24% since the previous quarter
FTCI's gross margin has plunged by 89% from the previous quarter
FTC Solar's revenue has shrunk by 63% YoY and by 17% 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
1.98
P/S
0.79
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.77
FTC Solar's EPS has increased by 12% YoY but it has decreased by 2.1% QoQ
FTC Solar's equity has plunged by 70% YoY and by 37% from the previous quarter
FTCI's price to book (P/B) is 16% lower than its last 4 quarters average of 2.2
FTC Solar's revenue has shrunk by 63% YoY and by 17% QoQ
The price to sales (P/S) is 33% less than the last 4 quarters average of 1.1
Efficiency
How efficient is FTC Solar business performance
FTC Solar's return on sales has shrunk by 156% YoY and by 22% QoQ
FTC Solar's return on equity has shrunk by 84% YoY and by 32% QoQ
FTC Solar's return on assets has decreased by 31% YoY and by 11% QoQ
The return on invested capital has declined by 20% year-on-year and by 4.4% 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 27% higher than its total liabilities
FTCI's quick ratio is down by 37% YoY but it is up by 30% from the previous quarter
FTC Solar's total assets has decreased by 27% YoY
FTCI's debt is 48% smaller than its equity
FTC Solar's equity has plunged by 70% YoY and by 37% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.