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FTCI FY 2023 Earnings — FTC Solar, Inc. Revenue & Financial Results | Market Cap Arena
FTCI
FTC Solar, Inc.
$75M
FY 2023 Earnings
Energy
Solar
Income Statement
Revenue
$127M
+3.2% YoY
Gross Profit
$8M
6.5% margin
Operating Income
-$51M
-40.0% margin
Net Income
-$50M
-39.6% margin
EPS (Diluted)
$-0.44
Cash Flow
Operating Cash Flow
-$53M
Free Cash Flow
-$53M
Stock-Based Comp.
$8M
Balance Sheet
Total Assets
$123M
Total Liabilities
$61M
Stockholders' Equity
$62M
Cash & Equivalents
$25M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$127M
$123M
+3.2%
Gross Profit
$8M
-$27M
+130.5%
Operating Income
-$51M
-$100M
+49.0%
Net Income
-$50M
-$100M
+49.5%
← Q4 2022
All Quarters
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