FTC Solar, Inc. financial data

Symbol
FTCI on Nasdaq
Industry
Semiconductors & Related Devices
Location
9020 N Capital Of Texas Hwy, Suite I 260, Austin, TX
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Mar 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 159 % -24.3%
Quick Ratio 21.8 % +110%
Debt-to-equity 167 % +88.3%
Return On Equity -131 % -84.5%
Return On Assets -49 % -30.4%
Operating Margin -112 % -179%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 12.9M shares -89.8%
Common Stock, Shares, Outstanding 12.9M shares +2.47%
Entity Public Float 29.8M USD -87%
Common Stock, Value, Issued 1K USD 0%
Weighted Average Number of Shares Outstanding, Basic 12.7M shares +9.7%
Weighted Average Number of Shares Outstanding, Diluted 12.7M shares +9.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 47.4M USD -62.7%
Research and Development Expense 5.92M USD -17.5%
Selling and Marketing Expense 8.88M USD -40%
General and Administrative Expense 25.4M USD -31.4%
Operating Income (Loss) -52.8M USD -4.04%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -48.4M USD +4.45%
Income Tax Expense (Benefit) 230K USD +86.7%
Net Income (Loss) Attributable to Parent -48.6M USD +3.35%
Earnings Per Share, Basic -3.83 USD/shares +12%
Earnings Per Share, Diluted -3.83 USD/shares +12%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 11.2M USD -55.4%
Accounts Receivable, after Allowance for Credit Loss, Current 39.7M USD -39.2%
Inventory, Net 10.1M USD +160%
Other Assets, Current 3.97M USD -28.3%
Assets, Current 76.1M USD -29.8%
Property, Plant and Equipment, Net 2.22M USD +21.6%
Operating Lease, Right-of-Use Asset 1.15M USD -36.8%
Intangible Assets, Net (Excluding Goodwill) 0 USD -100%
Goodwill 7.14M USD -2.91%
Other Assets, Noncurrent 2.34M USD -15.9%
Assets 89.9M USD -26.9%
Accounts Payable, Current 13M USD +62.9%
Accrued Liabilities, Current 20.1M USD -42.2%
Contract with Customer, Liability, Current 5.31M USD +46.9%
Liabilities, Current 49.1M USD -10.2%
Operating Lease, Liability, Noncurrent 411K USD -63.4%
Other Liabilities, Noncurrent 2.42M USD -49.6%
Liabilities 70.9M USD +17%
Accumulated Other Comprehensive Income (Loss), Net of Tax -542K USD -85%
Retained Earnings (Accumulated Deficit) -348M USD -16.2%
Stockholders' Equity Attributable to Parent 19M USD -69.5%
Liabilities and Equity 89.9M USD -26.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -11.9M USD -42.6%
Net Cash Provided by (Used in) Financing Activities 0 USD -100%
Net Cash Provided by (Used in) Investing Activities 2.62M USD
Common Stock, Shares Authorized 850M shares 0%
Common Stock, Shares, Issued 12.9M shares +2.47%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -9.3M USD -222%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 11.2M USD -55.4%
Deferred Tax Assets, Valuation Allowance 86.6M USD +14.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross 87.1M USD +14%
Operating Lease, Liability 1.17M USD -37.4%
Depreciation 1.14M USD +36.4%
Payments to Acquire Property, Plant, and Equipment 432K USD +1443%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -48.9M USD +3.3%
Lessee, Operating Lease, Liability, to be Paid 1.65M USD -17.8%
Property, Plant and Equipment, Gross 4.96M USD +44.6%
Operating Lease, Liability, Current 755K USD +2.03%
Lessee, Operating Lease, Liability, to be Paid, Year Two 313K USD -58.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 884K USD +8.07%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 225K USD +4.17%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 479K USD +252%
Lessee, Operating Lease, Liability, to be Paid, Year Three 291K USD +32.9%
Deferred Tax Assets, Operating Loss Carryforwards 74.6M USD +16.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 1.04M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 124K USD -35.4%
Additional Paid in Capital 367M USD +1.5%
Amortization of Intangible Assets 500K USD 0%
Deferred Tax Assets, Net of Valuation Allowance 534K USD -9.18%
Share-based Payment Arrangement, Expense 5.41M USD -34.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%