FTC Solar, Inc.

FTCI · NASDAQ
Analyze with AI
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$47,355$127,002$123,066$270,525
% Growth-62.7%3.2%-54.5%
Cost of Goods Sold$59,949$118,695$150,294$303,070
Gross Profit-$12,594$8,307-$27,228-$32,545
% Margin-26.6%6.5%-22.1%-12%
R&D Expenses$5,915$7,166$9,949$11,540
G&A Expenses$25,440$37,107$53,736$75,896
SG&A Expenses$34,321$51,918$62,395$82,719
Sales & Mktg Exp.$8,881$14,811$8,659$6,823
Other Operating Expenses$0$0$0$0
Operating Expenses$40,236$59,084$72,344$94,259
Operating Income-$52,830-$50,777-$99,572-$126,804
% Margin-111.6%-40%-80.9%-46.9%
Other Income/Exp. Net$4,454$149$394$20,384
Pre-Tax Income-$48,376-$50,628-$99,178-$106,420
Tax Expense$230-$338$435$169
Net Income-$48,606-$50,290-$99,613-$106,589
% Margin-102.6%-39.6%-80.9%-39.4%
EPS-3.83-0.44-0.98-1.24
% Growth-770.5%55.1%21%
EPS Diluted-3.83-0.44-0.98-1.24
Weighted Avg Shares Out12,67611,55510,1418,604
Weighted Avg Shares Out Dil12,67611,55510,1418,604
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$319$253$978$814
Depreciation & Amortization$1,671$1,375$900$232
EBITDA-$46,386-$49,000-$97,300-$105,374
% Margin-98%-38.6%-79.1%-39%