Tigo Energy Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	11.75	4.41	36.19	6.18	4.24
Short-Term Investments	8.16	26.81	-	-	-
Cash & Short-Term Investments	19.9	31.21	36.19	6.18	4.24
Cash Growth	-36.23%	-13.77%	485.28%	46.02%	-
Accounts Receivable	7.98	6.86	15.82	3.88	4.47
Other Receivables	-	-	-	-	0.01
Receivables	7.98	6.86	16.27	3.88	4.49
Inventory	22	61.4	24.92	10.07	4.54
Prepaid Expenses	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	53.41	104.71	85.09	22.95	14.98
Property, Plant & Equipment	4.39	5.96	2.9	0.93	1.03
Long-Term Investments	-	1.98	-	-	-
Goodwill	12.21	12.21	-	-	-
Other Intangible Assets	1.92	2.19	-	-	-
Long-Term Deferred Tax Assets	-	0.02	-	-	-
Other Long-Term Assets	0.98	0.71	0.08	0.08	0.08
Total Assets	72.91	127.78	88.08	23.96	16.09
Accounts Payable	8.08	15.69	23.29	12.25	7.67
Accrued Expenses	7.36	7.98	4.38	1.36	1.63
Current Portion of Long-Term Debt	-	-	10	8	12.96
Current Portion of Leases	0.65	1.19	0.58	-	-
Current Unearned Revenue	0.53	0.34	0.95	0.05	0.05
Other Current Liabilities	0.5	1.23	0.39	0.4	3.87
Total Current Liabilities	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	0.96	1.39	0.76	-	-
Long-Term Unearned Revenue	0.64	0.47	0.17	0.18	0.2
Other Long-Term Liabilities	5.3	5.11	3.96	3.35	2.59
Total Liabilities	64.53	64.95	55.12	27	36.92
Common Stock	0.01	0.01	0	0	0
Additional Paid-In Capital	146.9	138.66	6.52	5.38	5.11
Retained Earnings	-138.53	-75.78	-62.22	-55.18	-50.32
Comprehensive Income & Other	0	-0.06	-	-0.1	-0.1
Total Common Equity	8.39	62.82	-55.69	-49.9	-45.31
Shareholders' Equity	8.39	62.82	32.96	-3.04	-20.83
Total Liabilities & Equity	72.91	127.78	88.08	23.96	16.09
Total Debt	42.12	34.15	21.98	9.41	20.9
Net Cash (Debt)	-22.22	-0.97	14.21	-3.23	-16.67
Net Cash Per Share	-0.37	-0.02	2.88	-0.16	-0.28
Filing Date Shares Outstanding	60.76	59.69	23.44	21.63	19.97
Total Common Shares Outstanding	60.76	58.75	23.44	20.58	19.97
Working Capital	36.3	78.29	45.5	0.9	-11.2
Book Value Per Share	0.14	1.07	-2.38	-2.42	-2.27
Tangible Book Value	-5.75	48.42	-55.69	-49.9	-45.31
Tangible Book Value Per Share	-0.09	0.82	-2.38	-2.42	-2.27
Machinery	-	6.63	4.62	3.34	3.02
Leasehold Improvements	-	0.46	0.04	0.04	0.03
Order Backlog	-	-	-	14.5	-

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