FTCI FTC Solar Inc

  1. Stocks
  2. Technology
  3. NASDAQ: FTCI

Price (delayed)

$5.335

Market cap

$85.39M

P/E Ratio

N/A

Dividend/share

N/A

EPS

-$3.21

Enterprise value

$102.78M

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Relative Growth: Rel. Growth: 46
Relative Strength: Rel. Strength: 22
Relative Valuation: Rel. Valuation: 30
Relative Profitability: Rel. Profitability: 8

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 110% year-on-year
FTCI's gross margin has soared by 106% YoY
FTC Solar's equity has plunged by 140% YoY but it has soared by 86% from the previous quarter
FTC Solar's revenue has surged by 73% YoY but it has decreased by 3.5% QoQ
FTCI's debt has surged by 119% year-on-year
FTCI's quick ratio is down by 13% from the previous quarter
Sector: Technology
Industry: Solar
Website: http://www.ftcsolar.com
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
2.01%
1 week
-3.18%
1 month
3.29%
1 year
21.53%
YTD
-51.1%
QTD
41.14%

Financial performance

How have FTC Solar's revenue and profit performed over time
Revenue
$96.15M
Gross profit
$1.34M
Operating income
-$36.92M
Net income
-$43.16M
Gross margin
1.4%
Net margin
-44.9%
FTCI's gross profit has surged by 110% year-on-year
FTCI's gross margin has soared by 106% YoY
FTC Solar's revenue has surged by 73% YoY but it has decreased by 3.5% QoQ
The operating margin has surged by 58% year-on-year but it has declined by 8% 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
N/A
P/S
0.86
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
1.07
FTC Solar's EPS has increased by 43% QoQ and by 6% YoY
FTC Solar's equity has plunged by 140% YoY but it has soared by 86% from the previous quarter
FTC Solar's revenue has surged by 73% YoY but it has decreased by 3.5% QoQ
The price to sales (P/S) is 50% less than the 5-year quarterly average of 1.7 and 23% less than the last 4 quarters average of 1.1

Efficiency

How efficient is FTC Solar business performance
The return on invested capital has surged by 60% since the previous quarter and by 41% year-on-year
FTC Solar's return on sales has surged by 57% YoY and by 54% QoQ
FTC Solar's return on assets has increased by 48% QoQ and by 10% 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 6% lower than its total liabilities
The total liabilities has surged by 52% year-on-year but it has declined by 33% since the previous quarter
FTC Solar's total assets has increased by 16% YoY but it has decreased by 12% QoQ
FTC Solar's equity has plunged by 140% YoY but it has soared by 86% from the previous quarter
FTCI's debt has surged by 119% year-on-year

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