FTC Solar Statistics
Total Valuation
FTC Solar has a market cap or net worth of $33.71 million. The enterprise value is $33.23 million.
Important Dates
The next estimated earnings date is Friday, May 9, 2025, before market open.
| Earnings Date | May 9, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
FTC Solar has 12.87 million shares outstanding. The number of shares has increased by 9.70% in one year.
| Current Share Class | 12.87M |
| Shares Outstanding | 12.87M |
| Shares Change (YoY) | +9.70% |
| Shares Change (QoQ) | +0.38% |
| Owned by Insiders (%) | 52.18% |
| Owned by Institutions (%) | 4.09% |
| Float | 4.98M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.70 |
| Forward PS | 0.25 |
| PB Ratio | 1.78 |
| P/TBV Ratio | 2.84 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 0.70 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.55, with a Debt / Equity ratio of 0.56.
| Current Ratio | 1.55 |
| Quick Ratio | 1.04 |
| Debt / Equity | 0.56 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -84.32 |
Financial Efficiency
Return on equity (ROE) is -116.60% and return on invested capital (ROIC) is -69.40%.
| Return on Equity (ROE) | -116.60% |
| Return on Assets (ROA) | -30.63% |
| Return on Invested Capital (ROIC) | -69.40% |
| Return on Capital Employed (ROCE) | -127.75% |
| Revenue Per Employee | $234,431 |
| Profits Per Employee | -$240,624 |
| Employee Count | 202 |
| Asset Turnover | 0.44 |
| Inventory Turnover | 8.52 |
Taxes
In the past 12 months, FTC Solar has paid $230,000 in taxes.
| Income Tax | 230,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -41.71% in the last 52 weeks. The beta is 1.25, so FTC Solar's price volatility has been higher than the market average.
| Beta (5Y) | 1.25 |
| 52-Week Price Change | -41.71% |
| 50-Day Moving Average | 2.93 |
| 200-Day Moving Average | 3.83 |
| Relative Strength Index (RSI) | 46.48 |
| Average Volume (20 Days) | 132,907 |
Short Selling Information
The latest short interest is 887,087, so 6.89% of the outstanding shares have been sold short.
| Short Interest | 887,087 |
| Short Previous Month | 806,637 |
| Short % of Shares Out | 6.89% |
| Short % of Float | 17.82% |
| Short Ratio (days to cover) | 10.03 |
Income Statement
In the last 12 months, FTC Solar had revenue of $47.36 million and -$48.61 million in losses. Loss per share was -$3.83.
| Revenue | 47.36M |
| Gross Profit | -12.52M |
| Operating Income | -52.19M |
| Pretax Income | -49.42M |
| Net Income | -48.61M |
| EBITDA | -51.27M |
| EBIT | -52.19M |
| Loss Per Share | -$3.83 |
Full Income StatementBalance Sheet
The company has $11.25 million in cash and $10.63 million in debt, giving a net cash position of $615,000 or $0.05 per share.
| Cash & Cash Equivalents | 11.25M |
| Total Debt | 10.63M |
| Net Cash | 615,000 |
| Net Cash Per Share | $0.05 |
| Equity (Book Value) | 19.04M |
| Book Value Per Share | 1.48 |
| Working Capital | 27.06M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$34.70 million and capital expenditures -$1.65 million, giving a free cash flow of -$36.34 million.
| Operating Cash Flow | -34.70M |
| Capital Expenditures | -1.65M |
| Free Cash Flow | -36.34M |
| FCF Per Share | -$2.82 |
Full Cash Flow StatementMargins
Gross margin is -26.45%, with operating and profit margins of -110.21% and -102.64%.
| Gross Margin | -26.45% |
| Operating Margin | -110.21% |
| Pretax Margin | -99.86% |
| Profit Margin | -102.64% |
| EBITDA Margin | -108.26% |
| EBIT Margin | -110.21% |
| FCF Margin | n/a |
Dividends & Yields
FTC Solar does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -9.70% |
| Shareholder Yield | -9.70% |
| Earnings Yield | -143.63% |
| FCF Yield | -107.39% |
Analyst Forecast
The average price target for FTC Solar is $5.38, which is 105.34% higher than the current price. The consensus rating is "Buy".
| Price Target | $5.38 |
| Price Target Difference | 105.34% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | 56.50% |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on December 2, 2024. It was a reverse split with a ratio of 0.1:1.
| Last Split Date | Dec 2, 2024 |
| Split Type | Reverse |
| Split Ratio | 0.1:1 |
Scores
FTC Solar has an Altman Z-Score of -5.95 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -5.95 |
| Piotroski F-Score | 1 |