FTC Solar Stock (NASDAQ:FTCI)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$4.50

52W Range

$3.21 - $12.75

50D Avg

$4.55

200D Avg

$7.50

Market Cap

$68.66M

Avg Vol (3M)

$162.76K

Beta

1.80

Div Yield

-

FTCI Company Profile


FTC Solar, Inc. operates internationally, with a significant presence in the United States and Vietnam, specializing in advanced solar energy solutions. The company provides cutting-edge solar tracker systems, supporting technology, specialized software, and expert engineering services. Among its core offerings is the Voyager single-axis tracker, designed to orient two solar panels in a portrait configuration. Beyond hardware, FTC Solar develops crucial software platforms, including SunPath for optimizing energy production; Atlas, an enterprise-level, web-based database for managing extensive project portfolios; and SunDAT, a sophisticated tool for automated design and optimization of solar panel systems tailored for residential, commercial, and large-scale utility installations. FTC Solar's client base is diverse, comprising solar project developers, owners of solar assets, and engineering, procurement, and construction (EPC) contractors who are responsible for conceptualizing and executing solar energy ventures. The company was founded in 2017 and is based in Austin, Texas.

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Industry

Solar

Sector

Energy

Exchange

NASDAQ

ADR

-

Country

US

Employees

202

IPO Date

Apr 28, 2021

Website

FTCI Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 25Dec 24Dec 23
Product$80.31M$37.52M$101.87M
Service$19.38M$9.84M$25.13M

Fiscal year ends in Dec 25 | Currency in USD

FTCI Financial Summary


Dec 25Dec 24Dec 23
Revenue$99.69M$47.35M$127.00M
Operating Income$-33.41M$-52.83M$-50.78M
Net Income$-76.92M$-48.61M$-50.29M
EBITDA$-32.14M$-46.39M$-49.00M
Basic EPS$-5.49$-3.83$-4.35
Diluted EPS$-5.49$-3.83$-4.35

Fiscal year ends in Dec 25 | Currency in USD

Latest Earnings Call Transcripts


Q4 25Mar 05, 26 | 8:30 AM
Q3 25Nov 12, 25 | 8:30 AM
Q2 25Aug 05, 25 | 8:30 AM

Peer Comparison


TickerCompany
SPWRSunPower Inc.
TYGOTigo Energy, Inc.
BEEMBeam Global
MMLPMartin Midstream Partners L.P.
ZEOZeo Energy Corp.
DLNGDynagas LNG Partners LP
MAXNMaxeon Solar Technologies, Ltd.