FTC Solar, Inc.
General ticker "FTCI" information:
- Sector: Industrials
- Industry: Electrical Equipment
- Capitalization: $61.4M (TTM average)
FTC Solar, Inc. follows the US Stock Market performance with the rate: 56.7%.
Estimated limits based on current volatility of 2.9%: low 9.24$, high 9.79$
Factors to consider:
- US accounted for 94.5% of revenue in the fiscal year ended 2023-12-31
- Top business risk factors: Liquidity and credit risks, Market competition, Government regulations, Supply chain disruptions, Labor/talent shortage/retention
- Current price 34.5% above estimated high
- Earnings for 9 months up through Q3 are below 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 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [2.41$, 7.25$]
- 2025-12-31 to 2026-12-31 estimated range: [2.74$, 7.85$]
Financial Metrics affecting the FTCI estimates:
- Positive: with PPE of -1.1 at the end of fiscal year the price was low
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -67.74 <= 0.33
- Negative: negative Industry operating cash flow (median)
- Negative: negative Net income
- Positive: Interest expense per share per price, % of 0.62 <= 0.79
- Positive: 18.93 < Shareholder equity ratio, % of 21.17 <= 41.86
- Negative: Industry earnings per price (median), % of 0 <= 0
Short-term FTCI quotes
Long-term FTCI plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $123.07MM | $127.00MM | $47.35MM |
| Operating Expenses | $222.64MM | $177.78MM | $100.19MM |
| Operating Income | $-99.57MM | $-50.78MM | $-52.83MM |
| Non-Operating Income | $0.39MM | $0.15MM | $4.45MM |
| Interest Expense | $0.98MM | $0.25MM | $0.32MM |
| R&D Expense | $9.95MM | $7.17MM | $5.92MM |
| Income(Loss) | $-99.18MM | $-50.63MM | $-48.38MM |
| Taxes | $0.43MM | $-0.34MM | $0.23MM |
| Profit(Loss)* | $-99.61MM | $-50.29MM | $-48.61MM |
| Stockholders Equity | $66.45MM | $62.47MM | $19.04MM |
| Inventory | $14.95MM | $3.90MM | $10.14MM |
| Assets | $134.40MM | $123.07MM | $89.93MM |
| Operating Cash Flow | $-54.51MM | $-52.66MM | $-34.70MM |
| Capital expenditure | $0.98MM | $0.82MM | $1.65MM |
| Investing Cash Flow | $-4.25MM | $-0.40MM | $6.26MM |
| Financing Cash Flow | $0.90MM | $33.95MM | $14.50MM |
| Earnings Per Share** | $-9.82 | $-4.35 | $-3.83 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.