FTCI FY 2022 Earnings — FTC Solar, Inc. Revenue & Financial Results | Market Cap Arena

FTCIFTC Solar, Inc.

$75M

FY 2022 Earnings

Income Statement

Revenue

$123M-54.5% YoY

Gross Profit

-$27M-22.1% margin

Operating Income

-$100M-80.9% margin

Net Income

-$100M-80.9% margin

EPS (Diluted)

$-0.98

Cash Flow

Operating Cash Flow

-$55M

Free Cash Flow

-$55M

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$134M

Total Liabilities

$68M

Stockholders' Equity

$66M

Cash & Equivalents

$44M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$123M	$271M	-54.5%
Gross Profit	-$27M	-$33M	+16.3%
Operating Income	-$100M	-$127M	+21.5%
Net Income	-$100M	-$107M	+6.5%