FTC Solar, Inc. (FTCI)

USD 3.01

(-8.51%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019
Revenue 127 Million 123.06 Million 270.52 Million 187.35 Million 53.12 Million
Cost of Revenue 118.69 Million 150.29 Million 303.07 Million 183.71 Million 55.07 Million
Gross Profit 8.3 Million -27.22 Million -32.54 Million 3.63 Million -1.95 Million
Operating Expenses 59.08 Million 72.34 Million 94.25 Million 20.56 Million 10.42 Million
Selling, General and Administrative Expenses 51.91 Million 62.39 Million 82.71 Million 15.34 Million 6.46 Million
Research and Development Expenses 7.16 Million 9.94 Million 11.54 Million 5.22 Million 3.96 Million
Other Expenses - -373 Thousand -67 Thousand - -
Cost and Expenses 177.77 Million 222.63 Million 397.32 Million 204.27 Million 65.49 Million
Operating Income -50.77 Million -99.57 Million -126.8 Million -16.92 Million -12.37 Million
Interest Expense 253 Thousand 978 Thousand 814 Thousand 480 Thousand 454 Thousand
Income Tax Expense -338 Thousand 435 Thousand 169 Thousand -83 Thousand -39 Thousand
Earnings before Tax -50.62 Million -99.17 Million -106.42 Million -17.4 Million -13.53 Million
Net Income -50.29 Million -99.61 Million -106.58 Million -17.32 Million -13.49 Million
Earnings Per Share Basic -0.44 -0.98 -1.24 -0.20 -0.16
Earnings Per Share Diluted -0.44 -0.98 -1.24 -0.20 -0.16
Weighted Average Shares Outstanding 115.54 Million 101.4 Million 86.04 Million 85.06 Million 82.16 Million
Weighted Average Shares Outstanding (Diluted) 115.54 Million 101.4 Million 86.04 Million 85.06 Million 82.16 Million
Gross Margin 0.07 -0.22 -0.12 0.02 -0.04
EBIT Margin -0.39 -0.80 -0.47 -0.09 -0.23
Profit Margin -0.40 -0.81 -0.39 -0.09 -0.25
EBITDA -49 Million -97.3 Million -105.37 Million -16.87 Million -11.95 Million
Earnings Before Tax Margin -0.40 -0.81 -0.47 -0.09 -0.23

Income Statement Charts