Tigo Energy Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	8.5	11.75	4.41	36.19	6.18	4.24
Short-Term Investments	11.78	8.16	26.81	-	-	-
Cash & Short-Term Investments	20.28	19.9	31.21	36.19	6.18	4.24
Cash Growth	-7.60%	-36.23%	-13.77%	485.29%	46.02%	-
Accounts Receivable	10.37	7.98	6.86	15.82	3.88	4.47
Other Receivables	-	-	-	-	-	0.01
Receivables	10.37	7.98	6.86	16.27	3.88	4.49
Inventory	18.91	22	61.4	24.92	10.07	4.54
Prepaid Expenses	2.23	3.53	5.24	3.97	1.53	0.46
Restricted Cash	-	-	-	1.52	1.29	1.26
Other Current Assets	-	-	-	2.22	-	-
Total Current Assets	51.78	53.41	104.71	85.09	22.95	14.98
Property, Plant & Equipment	3.81	4.39	5.96	2.9	0.93	1.03
Long-Term Investments	-	-	1.98	-	-	-
Goodwill	12.21	12.21	12.21	-	-	-
Other Intangible Assets	1.85	1.92	2.19	-	-	-
Other Long-Term Assets	0.99	0.98	0.73	0.08	0.08	0.08
Total Assets	70.64	72.91	127.78	88.08	23.96	16.09
Accounts Payable	7.97	8.08	15.69	23.29	12.25	7.67
Accrued Expenses	5.85	6.81	7.98	4.38	1.36	1.63
Current Portion of Long-Term Debt	-	-	-	10	8	12.96
Current Portion of Leases	0.44	0.65	1.19	0.58	-	-
Current Unearned Revenue	0.69	0.53	0.34	0.95	0.05	0.05
Other Current Liabilities	0.64	1.04	1.23	0.39	0.4	3.87
Total Current Liabilities	58.33	17.11	26.42	39.59	22.05	26.18
Long-Term Debt	-	40.51	31.57	10.64	1.41	7.95
Long-Term Leases	0.84	0.96	1.39	0.76	-	-
Long-Term Unearned Revenue	0.69	0.64	0.47	0.17	0.18	0.2
Other Long-Term Liabilities	7.01	5.3	5.11	3.96	3.35	2.59
Total Liabilities	66.86	64.53	64.95	55.12	27	36.92
Common Stock	0.01	0.01	0.01	0	0	0
Additional Paid-In Capital	149.3	146.9	138.66	6.52	5.38	5.11
Retained Earnings	-145.53	-138.53	-75.78	-62.22	-55.18	-50.32
Comprehensive Income & Other	-	0	-0.06	-	-0.1	-0.1
Total Common Equity	3.78	8.39	62.82	-55.69	-49.9	-45.31
Shareholders' Equity	3.78	8.39	62.82	32.96	-3.04	-20.83
Total Liabilities & Equity	70.64	72.91	127.78	88.08	23.96	16.09
Total Debt	44.03	42.12	34.15	21.98	9.41	20.9
Net Cash (Debt)	-23.75	-22.22	-0.97	14.21	-3.23	-16.67
Net Cash Per Share	-0.39	-0.37	-0.02	2.88	-0.16	-0.28
Filing Date Shares Outstanding	62.02	61.91	59.69	23.44	21.63	19.97
Total Common Shares Outstanding	61.91	60.8	58.75	23.44	20.58	19.97
Working Capital	-6.54	36.3	78.29	45.5	0.9	-11.2
Book Value Per Share	0.06	0.14	1.07	-2.38	-2.42	-2.27
Tangible Book Value	-10.29	-5.75	48.42	-55.69	-49.9	-45.31
Tangible Book Value Per Share	-0.17	-0.09	0.82	-2.38	-2.42	-2.27
Machinery	6.97	6.9	6.63	4.62	3.34	3.02
Leasehold Improvements	0.47	0.47	0.46	0.04	0.04	0.03
Order Backlog	-	-	-	-	14.5	-

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q