Tigo Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	104.67	103.54	54.01	145.23	81.32	43.64
Revenue Growth	15.30%	91.68%	-62.81%	78.59%	86.34%	31.10%
Cost of Revenue	59.43	59.19	58.17	93.92	56.55	31
Gross Profit	45.24	44.35	-4.16	51.31	24.77	12.64
Selling, General & Admin	39.41	39.61	37.98	45.99	19.99	10.59
Research & Development	9.66	9.24	9.86	9.5	5.68	5.76
Operating Expenses	49.08	48.85	47.84	55.48	25.67	16.35
Operating Income	-3.83	-4.5	-52	-4.18	-0.9	-3.71
Interest Expense	-2.54	-11.01	-11.42	-8.12	-1.49	-2.51
Interest & Investment Income	0.92	0.92	0.87	2.32	0.2	-
Other Non Operating Income (Expenses)	0.35	-0.19	-0.09	13.39	-1.16	-0.24
EBT Excluding Unusual Items	-5.1	-14.78	-62.64	3.43	-3.35	-6.46
Merger & Restructuring Charges	-	-	-	-4.1	-	-
Gain (Loss) on Sale of Assets	14.99	14.64	-	-	-	-
Other Unusual Items	-1.13	-1.13	-	-0.17	-3.61	1.8
Pretax Income	8.76	-1.28	-62.64	-0.85	-6.97	-4.66
Income Tax Expense	-3.75	0.6	0.1	0.14	0.07	0.2
Net Income	12.5	-1.88	-62.75	-0.98	-7.04	-4.86
Preferred Dividends & Other Adjustments	-	-	-	1.98	6.34	2.84
Net Income to Common	12.5	-1.88	-62.75	-2.97	-13.38	-7.7
Net Income Growth	-	-	-	-	-	-
Shares Outstanding (Basic)	74	65	60	38	5	20
Shares Outstanding (Diluted)	77	65	60	43	5	20
Shares Change	22.24%	7.87%	39.42%	774.86%	-75.77%	-66.09%
EPS (Basic)	0.17	-0.03	-1.04	-0.08	-2.71	-0.38
EPS (Diluted)	0.17	-0.03	-1.04	-0.14	-2.71	-0.38
EPS Growth	-	-	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	-7.72	9.66	-13.64	-39.34	-17.62	-5.31
Free Cash Flow Per Share	-0.10	0.15	-0.23	-0.91	-3.57	-0.26
Gross Margin	43.22%	42.84%	-7.69%	35.33%	30.46%	28.96%
Operating Margin	-3.66%	-4.35%	-96.27%	-2.88%	-1.10%	-8.51%
Profit Margin	11.94%	-1.82%	-116.17%	-2.04%	-16.45%	-17.65%
Free Cash Flow Margin	-7.38%	9.33%	-25.25%	-27.08%	-21.66%	-12.17%
EBITDA	-2.48	-3.23	-50.78	-3.07	-0.33	-3.3
EBITDA Margin	-2.37%	-3.12%	-94.01%	-2.11%	-0.41%	-7.55%
D&A For EBITDA	1.36	1.27	1.22	1.11	0.56	0.42
EBIT	-3.83	-4.5	-52	-4.18	-0.9	-3.71
EBIT Margin	-3.66%	-4.35%	-96.27%	-2.88%	-1.10%	-8.51%
Advertising Expenses	-	0.6	0.6	0.8	0.4	0.1

SEC Filings: 10-K · 10-Q