FTC Solar Inc
General ticker "FTCI" information:
- Sector: Industrials
- Industry: Electrical Equipment
- Capitalization: $337.2M
FTC Solar Inc does not follow the US Stock Market performance with the rate: -11.2%.
Estimated limits based on current volatility of 6.2%: low 2.88$, high 3.27$
Factors to consider:
- US accounted for 79.6% of revenue in the fiscal year ended 2022-12-31
- Current price 20.4% below estimated low
- Earnings for 6 months up through Q2 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [3.95$, 13.85$]
- 2024-12-30 to 2025-12-30 estimated range: [4.47$, 13.45$]
Financial Metrics affecting the FTCI estimates:
- Negative: Non-GAAP EPS, $ of -0.29 <= 0.10
- Negative: Operating profit margin, % of -28.56 <= 1.03
- Negative: Operating cash flow per share per price, % of -38.18 <= 2.35
- Negative: negative Net income
- Negative: Industry inventory ratio change (median), % of 0.94 > 0.49
Short-term FTCI quotes
Long-term FTCI plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $270.52MM | $123.07MM | $127.00MM |
| Operating Expenses | $397.33MM | $222.64MM | $177.78MM |
| Operating Income | $-126.80MM | $-99.57MM | $-50.78MM |
| Non-Operating Income | $20.38MM | $0.39MM | $0.15MM |
| Interest Expense | $0.81MM | $0.98MM | $0.25MM |
| R&D Expense | $11.54MM | $9.95MM | $7.17MM |
| Income(Loss) | $-106.42MM | $-99.18MM | $-50.63MM |
| Taxes | $0.17MM | $0.43MM | $-0.34MM |
| Profit(Loss) | $-106.59MM | $-99.61MM | $-50.29MM |
| Stockholders Equity | $142.87MM | $66.45MM | $62.47MM |
| Inventory | $8.86MM | $14.95MM | $3.90MM |
| Assets | $243.02MM | $134.40MM | $123.07MM |
| Operating Cash Flow | $-132.85MM | $-54.51MM | $-52.66MM |
| Capital expenditure | $1.02MM | $0.98MM | $0.82MM |
| Investing Cash Flow | $21.31MM | $-4.25MM | $-0.40MM |
| Financing Cash Flow | $180.37MM | $0.90MM | $33.95MM |
| Earnings Per Share* | $-1.24 | $-0.98 | $-0.44 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.