FTC Solar, Inc. (FTCI)
NASDAQ: FTCI · Real-Time Price · USD
0.413
+0.013 (3.25%)
Nov 21, 2024, 4:00 PM EST - Market closed
FTC Solar Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| Net Income | -47.55 | -50.29 | -99.61 | -106.59 | -15.92 | -13.5 |
| Depreciation & Amortization | 0.94 | 0.71 | 0.52 | 0.17 | 0.05 | 0.41 |
| Other Amortization | 1.08 | 1.37 | 1.09 | 0.52 | - | - |
| Loss (Gain) From Sale of Assets | - | -0 | 0.18 | - | - | - |
| Loss (Gain) From Sale of Investments | -4.51 | -1.32 | -1.75 | -20.83 | - | - |
| Loss (Gain) on Equity Investments | 1.09 | 0.66 | - | 0.35 | -1.4 | 0.71 |
| Stock-Based Compensation | 3.49 | 8.3 | 20.3 | 61.77 | 1.82 | 0.91 |
| Provision & Write-off of Bad Debts | 4.4 | 7.37 | 1.16 | -0.09 | 0.02 | 0.44 |
| Other Operating Activities | 6.41 | 6.24 | 14.8 | 7.42 | 7.01 | 1.86 |
| Change in Accounts Receivable | 29.63 | -23.6 | 57.34 | -83.72 | -9.71 | -13.84 |
| Change in Inventory | -10.09 | 10.34 | -7.9 | -7.26 | 2.82 | -4.51 |
| Change in Accounts Payable | 8.82 | -7.96 | -22.94 | 21.66 | 10.08 | 7.78 |
| Change in Unearned Revenue | -6.73 | -7.7 | 9.9 | -21.56 | 3.11 | 19.68 |
| Change in Other Net Operating Assets | -11.26 | 3.23 | -27.59 | 15.31 | 2.76 | -0.21 |
| Operating Cash Flow | -24.28 | -52.66 | -54.51 | -132.85 | 0.63 | -0.25 |
| Capital Expenditures | -1.71 | -0.82 | -0.99 | -1.03 | -0.26 | -0.02 |
| Sale of Property, Plant & Equipment | - | - | 0.09 | - | - | - |
| Cash Acquisitions | - | - | -5.09 | - | - | - |
| Investment in Securities | 2.71 | 0.42 | 1.75 | 22.33 | 2.12 | - |
| Investing Cash Flow | 1 | -0.4 | -4.25 | 21.31 | 1.87 | -0.02 |
| Long-Term Debt Issued | - | - | - | - | 0.78 | 1 |
| Long-Term Debt Repaid | - | - | - | -1 | -7 | - |
| Net Debt Issued (Repaid) | - | - | - | -1 | -6.22 | 1 |
| Issuance of Common Stock | 0.01 | 34.23 | 0.9 | 241.47 | 30 | 6 |
| Repurchase of Common Stock | - | - | - | -54.16 | - | - |
| Other Financing Activities | -0.19 | -0.28 | - | -5.95 | -1.14 | - |
| Financing Cash Flow | -0.18 | 33.95 | 0.9 | 180.37 | 22.64 | 7 |
| Foreign Exchange Rate Adjustments | 0.2 | -0.05 | 0.05 | -0.01 | -0 | - |
| Net Cash Flow | -23.27 | -19.15 | -57.8 | 68.81 | 25.14 | 6.73 |
| Free Cash Flow | -25.99 | -53.47 | -55.5 | -133.88 | 0.37 | -0.27 |
| Free Cash Flow Margin | -45.32% | -42.10% | -45.09% | -49.49% | 0.20% | -0.51% |
| Free Cash Flow Per Share | -0.21 | -0.46 | -0.55 | -1.56 | 0.01 | -0.00 |
| Cash Interest Paid | 0.58 | 0.58 | 0.78 | 0.46 | 0.35 | 0.71 |
| Cash Income Tax Paid | 0.18 | 0.18 | 0.12 | 0.08 | - | - |
| Levered Free Cash Flow | 2.69 | -35.16 | -15.48 | -84.35 | 5.73 | - |
| Unlevered Free Cash Flow | 3.01 | -35.08 | -15.32 | -84.3 | 5.95 | - |
| Change in Net Working Capital | -24.03 | 14.97 | -26.42 | 66.02 | -14.92 | - |
Source: S&P Capital IQ. Standard template. Financial Sources.