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FTC Solar Inc. (FTCI)

NASDAQ: FTCI · Real-Time Price · USD

3.33

0.14 (4.39%)

At close: May 01, 2025, 3:59 PM

3.36

0.90%

After-hours: May 01, 2025, 04:05 PM EDT

FTC Solar Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	47.35M	127M	123.07M	270.52M	187.35M	53.12M
Cost of Revenue	59.95M	118.69M	150.29M	303.07M	183.71M	55.08M
Gross Profit	-12.59M	8.31M	-27.23M	-32.55M	3.64M	-1.95M
Operating Income	-52.83M	-50.78M	-99.57M	-126.8M	-16.93M	-12.37M
Interest Income	n/a	n/a	978K	814K	364K	454K
Pretax Income	-48.38M	-50.63M	-99.18M	-106.42M	-17.41M	-13.53M
Net Income	-48.61M	-50.29M	-99.61M	-106.59M	-17.32M	-13.49M
Selling & General & Admin	34.32M	51.92M	62.4M	82.72M	15.34M	6.46M
Research & Development	5.92M	7.17M	9.95M	11.54M	5.22M	3.96M
Other Expenses	n/a	n/a	-373K	-67K	n/a	n/a
Operating Expenses	40.24M	59.08M	72.34M	94.26M	20.57M	10.42M
Interest Expense	319K	253K	978K	814K	480K	454K
Selling & Marketing Expenses	8.88M	14.81M	8.66M	6.82M	3.54M	1.9M
Cost & Expenses	100.19M	177.78M	222.64M	397.33M	204.28M	65.5M
Income Tax Expense	230K	-338K	435K	169K	-83K	-39K
Shares Outstanding (Basic)	12.68M	115.55M	101.41M	86.04M	85.06M	82.16M
Shares Outstanding (Diluted)	12.68M	115.55M	101.41M	86.04M	85.06M	82.16M
EPS (Basic)	-3.83	-0.44	-0.98	-1.24	-0.2	-0.16
EPS (Diluted)	-3.83	-0.44	-0.98	-1.24	-0.2	-0.16
EBITDA	-46.04M	-49M	-97.3M	-105.37M	-16.88M	-11.96M
EBIT	-48.06M	-50.38M	-98.2M	-105.61M	-16.93M	-12.37M
Depreciation & Amortization	1.67M	1.38M	900K	232K	47K	412K