FTCI FTC Solar Inc
Price (delayed)
$0.4285
Market cap
$54.58M
P/E Ratio
N/A
Dividend/share
N/A
EPS
-$0.4
Enterprise value
$44.9M
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 margin has plunged by 112% from the previous quarter but it has soared by 92% YoY
FTCI's gross profit has dropped by 109% since the previous quarter but it has surged by 95% year-on-year
FTCI's quick ratio is down by 50% YoY and by 32% from the previous quarter
FTC Solar's equity has decreased by 44% YoY and by 20% from the previous quarter
Key stats
What are the main financial stats of FTCI
Market
Valuations
Earnings
Shares outstanding
127.37M
Market cap
$54.58M
Enterprise value
$44.9M
Price to earnings (P/E)
N/A
Price to book (P/B)
1.22
Price to sales (P/S)
0.7
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.58
Revenue
$77.77M
EBIT
-$49.12M
EBITDA
-$47.6M
Free cash flow
-$39.23M
Per share
Balance sheet
Liquidity
EPS
-$0.4
Free cash flow per share
-$0.31
Book value per share
$0.35
Revenue per share
$0.62
TBVPS
$0.74
Total assets
$100.35M
Total liabilities
$56.11M
Debt
$1.11M
Equity
$44.24M
Working capital
$33M
Debt to equity
0.03
Current ratio
1.64
Quick ratio
1.02
Net debt/EBITDA
0.2
Margins
Efficiency
Dividend
EBITDA margin
-61.2%
Gross margin
-0.5%
Net margin
-63.2%
Operating margin
-67.4%
Return on assets
-41.4%
Return on equity
-83.3%
Return on invested capital
-132%
Return on capital employed
-100.2%
Return on sales
-63.2%
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
14.24%
1 week
101.17%
1 month
80.5%
1 year
-69.82%
YTD
-38.15%
QTD
21.39%
Financial performance
How have FTC Solar's revenue and profit performed over time
Revenue
$77.77M
Gross profit
-$380,000
Operating income
-$52.44M
Net income
-$49.13M
Gross margin
-0.5%
Net margin
-63.2%
FTCI's gross margin has plunged by 112% from the previous quarter but it has soared by 92% YoY
FTCI's gross profit has dropped by 109% since the previous quarter but it has surged by 95% year-on-year
FTC Solar's revenue has decreased by 33% YoY and by 21% QoQ
FTCI's net margin is down by 32% since the previous quarter and by 7% year-on-year
Growth
What is FTC Solar's growth rate over time
Valuation
What is FTC Solar stock price valuation
P/E
N/A
P/B
1.22
P/S
0.7
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.58
FTC Solar's EPS has increased by 38% YoY but it has decreased by 2.6% QoQ
FTC Solar's equity has decreased by 44% YoY and by 20% from the previous quarter
FTCI's price to book (P/B) is 24% lower than its last 4 quarters average of 1.4
FTC Solar's revenue has decreased by 33% YoY and by 21% QoQ
The price to sales (P/S) is 24% less than the last 4 quarters average of 0.8
Efficiency
How efficient is FTC Solar business performance
The return on invested capital has increased by 39% year-on-year but it has declined by 13% since the previous quarter
FTC Solar's return on sales has decreased by 31% QoQ and by 8% YoY
FTC Solar's return on equity has decreased by 19% QoQ but it has increased by 10% YoY
FTC Solar's return on assets has increased by 15% YoY but it has decreased by 12% 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 79% higher than its total liabilities
FTCI's quick ratio is down by 50% YoY and by 32% from the previous quarter
FTC Solar's current ratio has decreased by 30% YoY and by 11% QoQ
FTCI's debt is 97% smaller than its equity
The debt to equity has soared by 50% from the previous quarter and by 50% YoY
FTC Solar's equity has decreased by 44% YoY and by 20% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.