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FTC Solar Inc. (FTCI)

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2.68

0.06 (2.29%)

At close: Mar 19, 2025, 3:59 PM

2.71

1.21%

After-hours: Mar 19, 2025, 07:56 PM EDT

FTC Solar Income Statement

Table Mode

Year	FY23	FY22	FY21	FY20	FY19
Revenue	127M	123.07M	270.52M	187.35M	53.12M
Cost of Revenue	118.69M	150.29M	303.07M	183.71M	55.08M
Gross Profit	8.31M	-27.23M	-32.55M	3.64M	-1.95M
Operating Income	-50.78M	-99.57M	-126.8M	-16.93M	-12.37M
Interest Income	n/a	978K	814K	364K	454K
Pretax Income	-50.63M	-99.18M	-106.42M	-17.41M	-13.53M
Net Income	-50.29M	-99.61M	-106.59M	-17.32M	-13.49M
Selling & General & Admin	51.92M	62.4M	82.72M	15.34M	6.46M
Research & Development	7.17M	9.95M	11.54M	5.22M	3.96M
Other Expenses	n/a	-373K	-67K	n/a	n/a
Operating Expenses	59.08M	72.34M	94.26M	20.57M	10.42M
Interest Expense	253K	978K	814K	480K	454K
Selling & Marketing Expenses	14.81M	8.66M	6.82M	3.54M	1.9M
Cost & Expenses	177.78M	222.64M	397.33M	204.28M	65.5M
Income Tax	-338K	435K	169K	-83K	-39K
Shares Outstanding (Basic)	115.55M	101.41M	86.04M	85.06M	82.16M
Shares Outstanding (Diluted)	115.55M	101.41M	86.04M	85.06M	82.16M
EPS (Basic)	-0.44	-0.98	-1.24	-0.2	-0.16
EPS (Diluted)	-0.44	-0.98	-1.24	-0.2	-0.16
EBITDA	-49M	-97.3M	-105.37M	-16.88M	-11.96M
Depreciation & Amortization	1.38M	900K	232K	47K	412K