FTC Financial Statements From 2010 to 2025

FTCI Stock  USD 11.94  0.11  0.93%   
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
178.4 M
Enterprise Value Revenue
2.1452
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 2025 to make sure the company is sustainable this year. The current Market Cap is estimated to decrease to about 66.4 M. Enterprise Value is estimated to decrease to about 65.8 M

FTC Solar Total Revenue

44.99 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 850.1 K or Interest Expense of 424.3 K, as well as many indicators such as Price To Sales Ratio of 1.4, 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.
  
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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 M89.9 M70.5 M
Slightly volatile
Short and Long Term Debt Total11.2 M10.6 M6.7 M
Pretty Stable
Other Current Liabilities33 M29.7 M16.5 M
Slightly volatile
Total Current Liabilities64.3 M49.1 M44.9 M
Slightly volatile
Other Liabilities4.4 M7.8 M2.6 M
Slightly volatile
Property Plant And Equipment Net2.5 M3.4 MM
Slightly volatile
Current Deferred Revenue8.6 M5.3 M15.7 M
Slightly volatile
Accounts Payable13.5 M13 M11.8 M
Slightly volatile
Cash10.7 M11.2 M18.7 M
Slightly volatile
Non Current Assets Total11.2 M13.8 M6.3 M
Slightly volatile
Non Currrent Assets Other3.3 M2.3 M1.7 M
Slightly volatile
Other Assets0.860.9M
Pretty Stable
Long Term Debt6.6 M10.9 M7.8 M
Very volatile
Cash And Short Term Investments10.7 M11.2 M18.7 M
Slightly volatile
Net Receivables54.9 M39.7 M30 M
Slightly volatile
Common Stock Total Equity10.9 K10.3 K3.7 K
Slightly volatile
Common Stock Shares Outstanding10.9 M12.7 MM
Slightly volatile
Liabilities And Stockholders Equity127.5 M89.9 M70.5 M
Slightly volatile
Non Current Liabilities Total22.9 M21.8 M9.7 M
Slightly volatile
Inventory8.8 M10.1 M6.1 M
Slightly volatile
Other Current Assets11.6 M15 M7.4 M
Slightly volatile
Other Stockholder Equity257.6 M367.3 M114.2 M
Slightly volatile
Total Liabilities74.4 M70.9 M53.8 M
Slightly volatile
Total Current Assets116.3 M76.1 M64.2 M
Slightly volatile
Capital Stock95010002.9 K
Slightly volatile
Non Current Liabilities Other4.3 M2.4 M2.2 M
Slightly volatile
Short Term Debt663.1 K755 K273.7 K
Slightly volatile
Intangible Assets618.9 K623.3 K340.8 K
Slightly volatile
Common Stock95010002.9 K
Slightly volatile
Property Plant Equipment1.9 M3.3 M948.6 K
Slightly volatile
Capital Lease Obligations1.3 M1.2 M673.9 K
Slightly volatile
Deferred Long Term Liabilities1.1 M810 K1.4 M
Slightly volatile
Property Plant And Equipment Gross4.1 M6.1 MM
Slightly volatile
Short and Long Term Debt800 K900 K981.2 K
Slightly volatile
Capital Surpluse233.7 M262.9 M286.6 M
Slightly volatile

FTC Solar Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization850.1 K1.7 M574.7 K
Slightly volatile
Interest Expense424.3 K319 K480.8 K
Very volatile
Selling General Administrative38.2 M25.4 M18 M
Slightly volatile
Selling And Marketing Expenses8.2 M8.9 M4.4 M
Slightly volatile
Total Revenue45 M47.4 M83.2 M
Slightly volatile
Other Operating Expenses155.7 M100.2 M119.6 M
Slightly volatile
Research DevelopmentM5.9 M5.5 M
Slightly volatile
Cost Of Revenue116.1 M59.9 M92.7 M
Slightly volatile
Total Operating Expenses54.4 M40.2 M27.8 M
Slightly volatile
Reconciled Depreciation840.4 K1.7 M570.8 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 Compensation5.1 M5.4 MM
Slightly volatile
Begin Period Cash Flow39.4 M25.2 M16.7 M
Slightly volatile
Depreciation850.1 K1.7 M574.7 K
Slightly volatile
Capital Expenditures869.9 K1.6 M361.1 K
Slightly volatile
Total Cash From Financing Activities13.8 M14.5 M21 M
Slightly volatile
End Period Cash Flow10.7 M11.2 M19.3 M
Slightly volatile
Change To Netincome25.3 M39.9 M14.2 M
Slightly volatile
Other Cashflows From Investing Activities769.5 K810 KM
Very volatile
Dividends Paid253.6 K285.3 K311.1 K
Slightly volatile
Cash And Cash Equivalents Changes55.1 M61.9 M67.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.41.474914.6964
Slightly volatile
Days Sales Outstanding321306132
Slightly volatile
Stock Based Compensation To Revenue0.07990.11430.0521
Slightly volatile
Capex To Depreciation0.940.98440.8696
Slightly volatile
EV To Sales1.391.461914.6354
Slightly volatile
Inventory Turnover5.615.909819.837
Pretty Stable
Days Of Inventory On Hand64.8561.761830.4691
Pretty Stable
Payables Turnover7.224.61327.619
Slightly volatile
Sales General And Administrative To Revenue0.560.53720.1893
Slightly volatile
Research And Ddevelopement To Revenue0.130.12490.0755
Pretty Stable
Capex To Revenue0.03650.03470.0059
Slightly volatile
Cash Per Share0.840.88732.0473
Slightly volatile
Days Payables Outstanding83.0879.120253.0794
Very volatile
Income Quality0.480.71390.2659
Slightly volatile
Intangibles To Total Assets0.04180.07940.0243
Slightly volatile
Current Ratio1.341.55131.2222
Slightly volatile
Receivables Turnover1.131.19263.4376
Slightly volatile
Capex Per Share0.140.12980.038
Slightly volatile
Revenue Per Share3.553.73589.2835
Pretty Stable
Interest Debt Per Share0.520.86390.7773
Slightly volatile
Debt To Assets0.07450.11820.1603
Slightly volatile
Operating Cycle386368163
Slightly volatile
Days Of Payables Outstanding83.0879.120253.0794
Very volatile
Ebt Per Ebit1.080.91571.0498
Slightly volatile
Quick Ratio1.231.34461.0912
Slightly volatile
Net Income Per E B T0.81.00480.9857
Slightly volatile
Cash Ratio0.220.22920.339
Slightly volatile
Cash Conversion Cycle303289110
Slightly volatile
Days Of Inventory Outstanding64.8561.761830.4691
Pretty Stable
Days Of Sales Outstanding321306132
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.221.04741.0949
Pretty Stable
Fixed Asset Turnover13.3714.0686804
Slightly volatile
Debt Ratio0.07450.11820.1603
Slightly volatile
Price Sales Ratio1.41.474914.6964
Slightly volatile
Asset Turnover0.50.52661.4009
Slightly volatile

FTC Solar Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap66.4 M69.8 M881.4 M
Slightly volatile
Enterprise Value65.8 M69.2 M853.4 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 Revenue5.3 M8.6 M
Total Revenue47.4 M45 M
Cost Of Revenue59.9 M116.1 M
Stock Based Compensation To Revenue 0.11  0.08 
Sales General And Administrative To Revenue 0.54  0.56 
Research And Ddevelopement To Revenue 0.12  0.13 
Capex To Revenue 0.03  0.04 
Revenue Per Share 3.74  3.55 
Ebit Per Revenue(1.12)(1.17)

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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FTC Solar. If investors know FTC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. 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
(4.12)
Revenue Per Share
5.96
Quarterly Revenue Growth
1.568
Return On Assets
(0.26)
Return On Equity
(6.52)
The market value of FTC Solar is measured differently than its book value, which is the value of FTC that is recorded on the company's balance sheet. Investors also form their own opinion of FTC Solar's value that differs from its market value or its book value, called intrinsic value, which is FTC Solar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FTC Solar's market value can be influenced by many factors that don't directly affect FTC Solar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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. However, FTC Solar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.