FTC Solar Financials

FTCI Stock  USD 5.12  0.06  1.16%   
Based on the analysis of FTC Solar's profitability, liquidity, and operating efficiency, FTC Solar is not in a good financial situation at this time. It has a very high probability of going through financial hardship in August. As of now, FTC Solar's Total Current Liabilities is increasing as compared to previous years. The FTC Solar's current Current Deferred Revenue is estimated to increase to about 8.6 M, while Total Stockholder Equity is projected to decrease to under 18.1 M. Key indicators impacting FTC Solar's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.341.5513
Fairly Down
Slightly volatile
The financial analysis of FTC Solar is a critical element in measuring its lifeblood. Investors should not minimize FTC Solar's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(51.04 Million)

  
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Understanding current and past FTC Solar Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of FTC Solar's financial statements are interrelated, with each one affecting the others. For example, an increase in FTC Solar's assets may result in an increase in income on the income statement.

FTC Solar Earnings Geography

FTC Solar Stock Summary

FTC Solar competes with Maxeon Solar, Nextracker, Shoals Technologies, Array Technologies, and Aveanna Healthcare. FTC Solar, Inc. provides solar tracker systems, technology, software, and engineering services in the United States, Vietnam, and internationally. FTC Solar, Inc. was incorporated in 2017 and is headquartered in Austin, Texas. Ftc Solar operates under Solar classification in the United States and is traded on NASDAQ Exchange. It employs 223 people.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS30320C3016
CUSIP30320C103 30320C301
LocationTexas; U.S.A
Business Address9020 North Capital
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websiteftcsolar.com
Phone737 787 7906
CurrencyUSD - US Dollar

FTC Solar Key Financial Ratios

FTC Solar Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets71.4M243.0M134.4M123.1M89.9M127.5M
Other Current Liab18.6M51.9M32.4M42.2M29.7M33.1M
Net Debt(30.6M)(100.4M)(43.2M)(23.4M)(615K)(645.8K)
Retained Earnings(42.6M)(149.2M)(248.8M)(299.1M)(347.7M)(330.4M)
Accounts Payable17.1M39.3M15.8M8.0M13.0M13.5M
Cash32.4M102.2M44.4M25.2M11.2M10.7M
Other Assets3.2M3.9M4.2M1.00.90.86
Net Receivables23.7M107.5M49.1M65.3M39.7M54.9M
Inventory1.7M8.9M14.9M3.9M10.1M8.1M
Other Current Assets7.9M17.2M10.3M14.1M15.0M12.7M
Total Liab63.9M100.2M67.9M60.6M70.9M74.4M
Net Invested Capital9.2M142.9M66.5M62.5M28.5M56.6M
Total Current Assets65.7M235.8M118.7M108.5M76.1M116.5M
Net Working Capital5.9M142.5M58.4M53.8M27.1M52.2M
Short Term Debt1M452K417K740K755K618.8K

FTC Solar Key Income Statement Accounts

202020212022202320242025 (projected)
Tax Provision(83K)(169K)435K595K230K177.7K
Net Interest Income(480K)814K(978K)(290K)(319K)(335.0K)
Interest Expense480K814K978K253K319K439.7K
Total Revenue187.4M270.5M123.1M127.0M47.4M45.0M
Gross Profit3.6M(32.5M)(27.2M)8.3M(12.6M)(13.2M)
Operating Income(16.9M)(126.8M)(99.6M)(50.8M)(52.8M)(55.5M)
Ebit(16.9M)(105.6M)(98.2M)(50.4M)(47.7M)(50.1M)
Research Development5.2M11.5M9.9M7.2M5.9M8.0M
Ebitda(16.9M)(105.4M)(97.3M)(49M)(46.0M)(48.3M)
Cost Of Revenue183.7M303.1M150.3M118.7M59.9M116.1M
Income Before Tax(17.4M)(106.4M)(99.2M)(50.6M)(48.4M)(50.8M)
Net Income(17.3M)(106.6M)(99.6M)(50.3M)(48.6M)(51.0M)
Income Tax Expense(83K)169K435K(338K)230K241.5K

FTC Solar Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory2.8M(7.3M)(7.9M)10.3M(6.4M)(6.1M)
Change In Cash25.1M68.8M(57.8M)(19.2M)(14.0M)(13.3M)
Free Cash Flow(767K)(133.9M)(55.5M)(53.5M)(36.3M)(38.2M)
Depreciation47K232K900K1.4M1.7M850.1K
Other Non Cash Items5.6M(402K)14.7M12.6M6.2M7.7M
Capital Expenditures256K1.0M985K816K1.6M869.9K
Net Income(15.9M)(106.6M)(99.6M)(50.3M)(48.6M)(51.0M)
End Period Cash Flow33.4M102.2M44.4M25.2M11.2M10.7M

FTC Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining FTC Solar's current stock value. Our valuation model uses many indicators to compare FTC Solar value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across FTC Solar competition to find correlations between indicators driving FTC Solar's intrinsic value. More Info.
FTC Solar is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . As of now, FTC Solar's Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the FTC Solar's earnings, one of the primary drivers of an investment's value.

FTC Solar's Earnings Breakdown by Geography

FTC Solar Systematic Risk

FTC Solar's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. FTC Solar volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on FTC Solar correlated with the market. If Beta is less than 0 FTC Solar generally moves in the opposite direction as compared to the market. If FTC Solar Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one FTC Solar is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of FTC Solar is generally in the same direction as the market. If Beta > 1 FTC Solar moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in FTC Solar Stock are looking for potential investment opportunities by analyzing not only static indicators but also various FTC Solar's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of FTC Solar growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.001958)

As of now, FTC Solar's Price Earnings To Growth Ratio is increasing as compared to previous years.

FTC Solar July 12, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of FTC Solar help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of FTC Solar. We use our internally-developed statistical techniques to arrive at the intrinsic value of FTC Solar based on widely used predictive technical indicators. In general, we focus on analyzing FTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FTC Solar's daily price indicators and compare them against related drivers.

Complementary Tools for FTC Stock analysis

When running FTC Solar's price analysis, check to measure FTC Solar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FTC Solar is operating at the current time. Most of FTC Solar's value examination focuses on studying past and present price action to predict the probability of FTC Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FTC Solar's price. Additionally, you may evaluate how the addition of FTC Solar to your portfolios can decrease your overall portfolio volatility.
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