FTC Solar Inc. (FTCI)
FTC Solar Statistics
Share Statistics
FTC Solar has 12.87M shares outstanding. The number of shares has increased by 2.03% in one year.
| Shares Outstanding | 12.87M |
| Shares Change (YoY) | 2.03% |
| Shares Change (QoQ) | 0.57% |
| Owned by Institutions (%) | 0.5% |
| Shares Floating | 4.7M |
| Failed to Deliver (FTD) Shares | 958 |
| FTD / Avg. Volume | 0.97% |
Short Selling Information
The latest short interest is 887.09K, so 6.9% of the outstanding shares have been sold short.
| Short Interest | 887.09K |
| Short % of Shares Out | 6.9% |
| Short % of Float | 10.4% |
| Short Ratio (days to cover) | 8.8 |
Valuation Ratios
The PE ratio is -14.37 and the forward PE ratio is -2.76. FTC Solar's PEG ratio is 1.05.
| PE Ratio | -14.37 |
| Forward PE | -2.76 |
| PS Ratio | 14.75 |
| Forward PS | 0.1 |
| PB Ratio | 36.69 |
| P/FCF Ratio | -19.22 |
| PEG Ratio | 1.05 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for FTC Solar.
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.55, with a Debt / Equity ratio of 0.56.
| Current Ratio | 1.55 |
| Quick Ratio | 1.34 |
| Debt / Equity | 0.56 |
| Debt / EBITDA | -0.23 |
| Debt / FCF | -0.29 |
| Interest Coverage | -165.61 |
Financial Efficiency
Return on Equity is n/a and Return on Invested Capital is n/a.
| Return on Equity | n/a |
| Return on Assets | n/a |
| Return on Invested Capital | n/a |
| Revenue Per Employee | $234.43K |
| Profits Per Employee | $-240.62K |
| Employee Count | 202 |
| Asset Turnover | 0.53 |
| Inventory Turnover | 5.91 |
Taxes
| Income Tax | 230K |
| Effective Tax Rate | -0.48% |
Stock Price Statistics
The stock price has increased by -30.45% in the last 52 weeks. The beta is 1.25, so FTC Solar's price volatility has been higher than the market average.
| Beta | 1.25 |
| 52-Week Price Change | -30.45% |
| 50-Day Moving Average | 2.9 |
| 200-Day Moving Average | 3.83 |
| Relative Strength Index (RSI) | 48.88 |
| Average Volume (20 Days) | 98.83K |
Income Statement
In the last 12 months, FTC Solar had revenue of 47.35M and earned -48.61M in profits. Earnings per share was -0.38.
| Revenue | 47.35M |
| Gross Profit | -12.59M |
| Operating Income | -52.83M |
| Net Income | -48.61M |
| EBITDA | -46.39M |
| EBIT | -48.06M |
| Earnings Per Share (EPS) | -0.38 |
Balance Sheet
The company has 11.25M in cash and 10.63M in debt, giving a net cash position of 615K.
| Cash & Cash Equivalents | 11.25M |
| Total Debt | 10.63M |
| Net Cash | 615K |
| Retained Earnings | -347.74M |
| Total Assets | 89.93M |
| Working Capital | 27.05M |
Cash Flow
In the last 12 months, operating cash flow was -34.7M and capital expenditures -1.65M, giving a free cash flow of -36.34M.
| Operating Cash Flow | -34.7M |
| Capital Expenditures | -1.65M |
| Free Cash Flow | -36.34M |
| FCF Per Share | -0.29 |
Margins
Gross margin is -26.59%, with operating and profit margins of -111.56% and -102.64%.
| Gross Margin | -26.59% |
| Operating Margin | -111.56% |
| Pretax Margin | -102.16% |
| Profit Margin | -102.64% |
| EBITDA Margin | -97.95% |
| EBIT Margin | -111.56% |
| FCF Margin | -76.75% |
Dividends & Yields
FTCI does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | n/a |
| FCF Yield | n/a |
Analyst Forecast
The average price target for FTCI is $4.25, which is 60.4% higher than the current price. The consensus rating is "Hold".
| Price Target | $4.25 |
| Price Target Difference | 60.4% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
Stock Splits
The last stock split was on Dec 2, 2024. It was a backward split with a ratio of 1:10.
| Last Split Date | Dec 2, 2024 |
| Split Type | backward |
| Split Ratio | 1:10 |
Scores
| Altman Z-Score | -5.86 |
| Piotroski F-Score | 1 |