FTC Financial Statements From 2010 to 2026

FTCI Stock  USD 10.38  0.51  4.68%   
FTC Solar's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing FTC Solar's valuation are provided below:
Gross Profit
-9.5 M
Profit Margin
(0.69)
Market Capitalization
155.1 M
Enterprise Value Revenue
1.9492
Revenue
80 M
We have found one hundred twenty available fundamental measures for FTC Solar, which can be analyzed and compared to other ratios and to its peers in the sector. Traders should compare all of FTC Solar latest fundamentals against the fundamentals between 2010 and 2026 to make sure the company is sustainable this year. The current Market Cap is estimated to decrease to about 76.3 M. Enterprise Value is estimated to decrease to about 75.6 M

FTC Solar Total Revenue

40.49 Million

Check FTC Solar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FTC Solar's main balance sheet or income statement drivers, such as Tax Provision of 177.7 K, Depreciation And Amortization of 2 M or Interest Expense of 424.3 K, as well as many indicators such as Price To Sales Ratio of 1.61, Dividend Yield of 0.0 or PTB Ratio of 5.02. FTC financial statements analysis is a perfect complement when working with FTC Solar Valuation or Volatility modules.
  
Build AI portfolio with FTC Stock
Check out the analysis of FTC Solar Correlation against competitors.
For more detail on how to invest in FTC Stock please use our How to Invest in FTC Solar guide.

FTC Solar Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets127.5 M103.4 M72.4 M
Slightly volatile
Short and Long Term Debt Total12.8 M12.2 M7.1 M
Very volatile
Other Current Liabilities33 M34.1 M17.5 M
Slightly volatile
Total Current Liabilities64.3 M56.4 M45.6 M
Slightly volatile
Other Liabilities4.4 M7.8 M2.8 M
Slightly volatile
Property Plant And Equipment Net2.5 M3.9 M1.2 M
Slightly volatile
Current Deferred Revenue8.6 M4.8 M15.1 M
Slightly volatile
Accounts Payable13.5 M11.7 M11.8 M
Slightly volatile
Cash9.6 M10.1 M18.1 M
Slightly volatile
Non Current Assets Total11.2 M15.9 M6.9 M
Slightly volatile
Non Currrent Assets Other3.3 M2.7 M1.7 M
Slightly volatile
Other Assets0.860.9984.4 K
Pretty Stable
Long Term Debt6.6 M10.9 M7.9 M
Pretty Stable
Cash And Short Term Investments9.6 M10.1 M18.1 M
Slightly volatile
Net Receivables54.9 M45.7 M31 M
Slightly volatile
Common Stock Total Equity10.9 K10.3 KK
Slightly volatile
Common Stock Shares Outstanding10.9 M14.6 M9.4 M
Slightly volatile
Liabilities And Stockholders Equity127.5 M103.4 M72.4 M
Slightly volatile
Non Current Liabilities Total26.3 M25.1 M10.8 M
Slightly volatile
Inventory8.8 M11.7 M6.4 M
Slightly volatile
Other Current Assets11.6 M17.3 MM
Slightly volatile
Other Stockholder Equity257.6 M422.4 M132.3 M
Slightly volatile
Total Liabilities74.4 M81.5 M55.4 M
Slightly volatile
Total Current Assets116.3 M87.5 M65.5 M
Slightly volatile
Capital Stock1.1 K1.1 K2.8 K
Slightly volatile
Non Current Liabilities Other4.3 M2.8 M2.2 M
Slightly volatile
Short Term Debt663.1 K868.2 K308.7 K
Slightly volatile
Intangible Assets618.9 K623.3 K352.7 K
Slightly volatile
Common Stock1.1 K1.1 K2.8 K
Slightly volatile
Property Plant Equipment1.9 M3.3 M1.1 M
Slightly volatile
Capital Lease Obligations1.3 M1.3 M713.1 K
Slightly volatile
Deferred Long Term Liabilities1.1 M810 K1.4 M
Slightly volatile
Property Plant And Equipment Gross4.1 MM2.3 M
Slightly volatile
Short and Long Term Debt800 K900 K982.4 K
Slightly volatile
Capital Surpluse233.7 M262.9 M286.9 M
Slightly volatile

FTC Solar Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And AmortizationM1.9 M722.6 K
Slightly volatile
Interest Expense424.3 K287.1 K469.4 K
Very volatile
Selling General Administrative38.2 M29.3 M18.7 M
Slightly volatile
Selling And Marketing Expenses8.2 M10.2 M4.7 M
Slightly volatile
Total Revenue40.5 M42.6 M80.6 M
Slightly volatile
Other Operating Expenses155.7 M90.2 M117.8 M
Slightly volatile
Research DevelopmentM6.8 M5.5 M
Slightly volatile
Cost Of Revenue51.3 M54 M86.6 M
Slightly volatile
Total Operating Expenses54.4 M46.3 M28.9 M
Slightly volatile
Reconciled DepreciationM1.9 M719.5 K
Slightly volatile
Non Operating Income Net Other17 M19.1 M20.8 M
Slightly volatile

FTC Solar Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation5.9 M6.2 MM
Slightly volatile
Begin Period Cash Flow39.4 M29 M17.5 M
Slightly volatile
DepreciationM1.9 M722.6 K
Slightly volatile
Capital ExpendituresM1.9 M516.8 K
Slightly volatile
Total Cash From Financing Activities12.4 M13 M20.5 M
Pretty Stable
End Period Cash Flow9.6 M10.1 M18.7 M
Slightly volatile
Change To Netincome25.3 M39.9 M15.4 M
Slightly volatile
Other Cashflows From Investing Activities769.5 K810 K2.9 M
Very volatile
Dividends Paid253.6 K285.3 K311.4 K
Slightly volatile
Cash And Cash Equivalents Changes55.1 M61.9 M67.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.611.713.9443
Slightly volatile
Days Sales Outstanding289275139
Slightly volatile
Stock Based Compensation To Revenue0.07770.05880.0495
Slightly volatile
Capex To Depreciation1.081.130.8932
Slightly volatile
EV To Sales1.61.6813.8855
Slightly volatile
Inventory Turnover6.466.814.545
Very volatile
Days Of Inventory On Hand58.3655.5932.0565
Slightly volatile
Payables Turnover7.224.157.415
Pretty Stable
Sales General And Administrative To Revenue0.510.480.2034
Slightly volatile
Research And Ddevelopement To Revenue0.120.110.0769
Slightly volatile
Capex To Revenue0.03280.03130.0072
Slightly volatile
Cash Per Share0.971.022.0015
Slightly volatile
Days Payables Outstanding37.0271.2151.4365
Pretty Stable
Intangibles To Total Assets0.04180.07140.027
Slightly volatile
Current Ratio1.341.41.2317
Slightly volatile
Receivables Turnover1.31.373.326
Slightly volatile
Capex Per Share0.05980.120.0381
Slightly volatile
Revenue Per Share4.084.39.0215
Pretty Stable
Interest Debt Per Share0.530.990.7938
Slightly volatile
Debt To Assets0.0760.140.1597
Slightly volatile
Operating Cycle348331171
Slightly volatile
Days Of Payables Outstanding37.0271.2151.4365
Pretty Stable
Ebt Per Ebit1.061.051.0438
Slightly volatile
Quick Ratio1.221.211.0925
Slightly volatile
Net Income Per E B T0.80.90.9806
Slightly volatile
Cash Ratio0.250.260.3371
Slightly volatile
Cash Conversion Cycle273260117
Slightly volatile
Days Of Inventory Outstanding58.3655.5932.0565
Slightly volatile
Days Of Sales Outstanding289275139
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.770.941.0059
Slightly volatile
Fixed Asset Turnover15.3716.18758
Slightly volatile
Debt Ratio0.0760.140.1597
Slightly volatile
Price Sales Ratio1.611.713.9443
Slightly volatile
Asset Turnover0.580.611.3591
Slightly volatile

FTC Solar Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap76.3 M80.3 M834.9 M
Slightly volatile
Enterprise Value75.6 M79.6 M808.2 M
Slightly volatile

FTC Fundamental Market Drivers

Forward Price Earnings19.4553
Cash And Short Term Investments11.2 M

FTC Upcoming Events

27th of February 2024
Upcoming Quarterly Report
View
8th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About FTC Solar Financial Statements

Investors use fundamental indicators, such as FTC Solar's revenue or net income, to determine how well the company is positioned to perform in the future. Although FTC Solar's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Deferred Revenue4.8 M8.6 M
Total Revenue42.6 M40.5 M
Cost Of Revenue54 M51.3 M
Stock Based Compensation To Revenue 0.06  0.08 
Sales General And Administrative To Revenue 0.48  0.51 
Research And Ddevelopement To Revenue 0.11  0.12 
Capex To Revenue 0.03  0.03 
Revenue Per Share 4.30  4.08 
Ebit Per Revenue(1.28)(1.22)

Currently Active Assets on Macroaxis

When determining whether FTC Solar offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FTC Solar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ftc Solar Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ftc Solar Stock:
Check out the analysis of FTC Solar Correlation against competitors.
For more detail on how to invest in FTC Stock please use our How to Invest in FTC Solar guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is there potential for Semiconductors & Semiconductor Equipment market expansion? Will FTC introduce new products? Factors like these will boost the valuation of FTC Solar. Market participants price FTC higher when confident in its future expansion prospects. Understanding fair value requires weighing current performance against future potential. All the valuation information about FTC Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.93)
Revenue Per Share
5.96
Quarterly Revenue Growth
1.568
Return On Assets
(0.26)
Return On Equity
(6.52)
Understanding FTC Solar requires distinguishing between market price and book value, where the latter reflects FTC's accounting equity. The concept of intrinsic value—what FTC Solar's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push FTC Solar's price substantially above or below its fundamental value.
Please note, there is a significant difference between FTC Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if FTC Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, FTC Solar's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.