FTCI FY 2020 Earnings — FTC Solar, Inc. Revenue & Financial Results | Market Cap Arena

FTCIFTC Solar, Inc.

$72M

FY 2020 Earnings

Income Statement

Revenue

$187M+252.7% YoY

Gross Profit

$4M1.9% margin

Operating Income

-$17M-9.0% margin

Net Income

-$16M-8.5% margin

EPS (Diluted)

$-0.20

Cash Flow

Operating Cash Flow

$629,000

Free Cash Flow

$373,000

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$71M

Total Liabilities

$64M

Stockholders' Equity

$7M

Cash & Equivalents

$33M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$187M	$53M	+252.7%
Gross Profit	$4M	-$2M	+286.5%
Operating Income	-$17M	-$12M	-36.8%
Net Income	-$16M	-$13M	-18.0%