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	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	14.94	4.41	36.19	6.18	4.24
Short-Term Investments	5.21	26.81	-	-	-
Cash & Short-Term Investments	20.16	31.21	36.19	6.18	4.24
Cash Growth	-63.77%	-13.77%	485.28%	46.02%	-
Accounts Receivable	6.92	6.86	15.82	3.88	4.47
Other Receivables	-	-	-	-	0.01
Receivables	6.92	6.86	16.27	3.88	4.49
Inventory	51.31	61.4	24.92	10.07	4.54
Prepaid Expenses	4.51	5.24	3.97	1.53	0.46
Restricted Cash	0.2	-	1.52	1.29	1.26
Other Current Assets	-	-	2.22	-	-
Total Current Assets	83.09	104.71	85.09	22.95	14.98
Property, Plant & Equipment	5.2	5.96	2.9	0.93	1.03
Long-Term Investments	-	1.98	-	-	-
Goodwill	12.21	12.21	-	-	-
Other Intangible Assets	2.06	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	103.33	127.78	88.08	23.96	16.09
Accounts Payable	7.09	15.69	23.29	12.25	7.67
Accrued Expenses	6.43	7.98	4.38	1.36	1.63
Current Portion of Long-Term Debt	-	-	10	8	12.96
Current Portion of Leases	0.94	1.19	0.58	-	-
Current Unearned Revenue	0.28	0.34	0.95	0.05	0.05
Other Current Liabilities	0.75	1.23	0.39	0.4	3.87
Total Current Liabilities	15.47	26.42	39.59	22.05	26.18
Long-Term Debt	36.04	31.57	10.64	1.41	7.95
Long-Term Leases	1.13	1.39	0.76	-	-
Long-Term Unearned Revenue	0.7	0.47	0.17	0.18	0.2
Other Long-Term Liabilities	5.24	5.11	3.96	3.35	2.59
Total Liabilities	58.59	64.95	55.12	27	36.92
Common Stock	0.01	0.01	0	0	0
Additional Paid-In Capital	143.36	138.66	6.52	5.38	5.11
Retained Earnings	-98.61	-75.78	-62.22	-55.18	-50.32
Comprehensive Income & Other	-0.02	-0.06	-	-0.1	-0.1
Total Common Equity	44.74	62.82	-55.69	-49.9	-45.31
Shareholders' Equity	44.74	62.82	32.96	-3.04	-20.83
Total Liabilities & Equity	103.33	127.78	88.08	23.96	16.09
Total Debt	38.11	34.15	21.98	9.41	20.9
Net Cash (Debt)	-17.95	-0.97	14.21	-3.23	-16.67
Net Cash Per Share	-0.30	-0.02	2.88	-0.16	-0.28
Filing Date Shares Outstanding	60.48	59.69	23.44	21.63	19.97
Total Common Shares Outstanding	60.37	58.75	23.44	20.58	19.97
Working Capital	67.62	78.29	45.5	0.9	-11.2
Book Value Per Share	0.74	1.07	-2.38	-2.42	-2.27
Tangible Book Value	30.47	48.42	-55.69	-49.9	-45.31
Tangible Book Value Per Share	0.50	0.82	-2.38	-2.42	-2.27
Machinery	6.81	6.63	4.62	3.34	3.02
Leasehold Improvements	0.46	0.46	0.04	0.04	0.03
Order Backlog	-	-	-	14.5	-

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