Tigo Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019
Revenue	145.23	81.32	43.64	0	0
Revenue Growth (YoY)	78.59%	86.34%	-	-	-
Cost of Revenue	93.92	56.55	31	0	0
Gross Profit	51.31	24.77	12.64	0	0
Selling, General & Admin	50.09	19.99	10.59	0	0
Research & Development	9.5	5.68	5.76	0	0
Operating Expenses	59.58	25.67	16.35	0	0
Operating Income	-8.28	-0.9	-3.71	-0	-0
Interest Expense / Income	8.12	1.49	2.51	0	0
Other Expense / Income	-15.54	4.58	-1.56	-	-
Pretax Income	-0.85	-6.97	-4.66	-0	-0
Income Tax	0.14	0.07	0.2	0	0
Net Income	-0.98	-7.04	-4.86	-0	-0
Preferred Dividends	3.4	6.34	2.84	0	0
Net Income Common	-4.38	-13.38	-7.7	-0	-0
Shares Outstanding (Basic)	38	5	20	3	3
Shares Outstanding (Diluted)	43	5	20	3	3
Shares Change	774.86%	-75.77%	609.20%	15.00%	-
EPS (Basic)	-0.08	-2.71	-0.38	-	-
EPS (Diluted)	-0.14	-2.71	-0.38	-	-
Free Cash Flow	-39.34	-17.62	-5.31	-0	0
Free Cash Flow Per Share	-1.03	-3.57	-0.26	-0.00	-
Gross Margin	35.33%	30.46%	28.96%	-	-
Operating Margin	-5.70%	-1.10%	-8.51%	-	-
Profit Margin	-3.02%	-16.45%	-17.65%	-	-
Free Cash Flow Margin	-27.08%	-21.67%	-12.17%	-	-
EBITDA	9.37	-4.38	-1.74	-0	-0
EBITDA Margin	6.45%	-5.38%	-3.98%	-	-
Depreciation & Amortization	2.1	1.1	0.42	0	0
EBIT	7.27	-5.47	-2.16	-0	-0
EBIT Margin	5.01%	-6.73%	-4.94%	-	-

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).