Tigo Energy Balance Sheet

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
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
Cash & Equivalents	9.46	4.41	36.19	6.18	4.24
Short-Term Investments	10.04	26.81	-	-	-
Cash & Short-Term Investments	19.5	31.21	36.19	6.18	4.24
Cash Growth	-46.83%	-13.77%	485.28%	46.02%	-
Accounts Receivable	8.83	6.86	15.82	3.88	4.47
Other Receivables	-	-	-	-	0.01
Receivables	8.83	6.86	16.27	3.88	4.49
Inventory	46.79	61.4	24.92	10.07	4.54
Prepaid Expenses	3.59	5.24	3.97	1.53	0.46
Restricted Cash	-	-	1.52	1.29	1.26
Other Current Assets	-	-	2.22	-	-
Total Current Assets	78.72	104.71	85.09	22.95	14.98
Property, Plant & Equipment	4.89	5.96	2.9	0.93	1.03
Long-Term Investments	-	1.98	-	-	-
Goodwill	12.21	12.21	-	-	-
Other Intangible Assets	1.99	2.19	-	-	-
Long-Term Deferred Tax Assets	-	0.02	-	-	-
Other Long-Term Assets	0.77	0.71	0.08	0.08	0.08
Total Assets	98.57	127.78	88.08	23.96	16.09
Accounts Payable	11.84	15.69	23.29	12.25	7.67
Accrued Expenses	6.12	7.98	4.38	1.36	1.63
Current Portion of Long-Term Debt	-	-	10	8	12.96
Current Portion of Leases	0.85	1.19	0.58	-	-
Current Unearned Revenue	0.56	0.34	0.95	0.05	0.05
Other Current Liabilities	0.54	1.23	0.39	0.4	3.87
Total Current Liabilities	19.9	26.42	39.59	22.05	26.18
Long-Term Debt	38.28	31.57	10.64	1.41	7.95
Long-Term Leases	1.06	1.39	0.76	-	-
Long-Term Unearned Revenue	0.67	0.47	0.17	0.18	0.2
Other Long-Term Liabilities	5.19	5.11	3.96	3.35	2.59
Total Liabilities	65.1	64.95	55.12	27	36.92
Common Stock	0.01	0.01	0	0	0
Additional Paid-In Capital	145.18	138.66	6.52	5.38	5.11
Retained Earnings	-111.72	-75.78	-62.22	-55.18	-50.32
Comprehensive Income & Other	0	-0.06	-	-0.1	-0.1
Total Common Equity	33.47	62.82	-55.69	-49.9	-45.31
Shareholders' Equity	33.47	62.82	32.96	-3.04	-20.83
Total Liabilities & Equity	98.57	127.78	88.08	23.96	16.09
Total Debt	40.18	34.15	21.98	9.41	20.9
Net Cash (Debt)	-20.68	-0.97	14.21	-3.23	-16.67
Net Cash Per Share	-0.35	-0.02	2.88	-0.16	-0.28
Filing Date Shares Outstanding	60.74	59.69	23.44	21.63	19.97
Total Common Shares Outstanding	60.74	58.75	23.44	20.58	19.97
Working Capital	58.81	78.29	45.5	0.9	-11.2
Book Value Per Share	0.55	1.07	-2.38	-2.42	-2.27
Tangible Book Value	19.27	48.42	-55.69	-49.9	-45.31
Tangible Book Value Per Share	0.32	0.82	-2.38	-2.42	-2.27
Machinery	6.9	6.63	4.62	3.34	3.02
Leasehold Improvements	0.47	0.46	0.04	0.04	0.03
Order Backlog	-	-	-	14.5	-

Source: S&P Capital IQ. Standard template. Financial Sources.