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FTCI Q4 2022 Earnings — FTC Solar, Inc. Revenue & Financial Results | Market Cap Arena
FTCI
FTC Solar, Inc.
$75M
Q4 2022 Earnings
Energy
Solar
Income Statement
Revenue
$26M
-74.2% YoY
Gross Profit
-$2M
-7.3% margin
Operating Income
-$20M
-75.7% margin
Net Income
-$21M
-78.2% margin
EPS (Diluted)
$-0.20
QoQ Revenue Growth
+58.2%
Cash Flow
Operating Cash Flow
-$5M
Free Cash Flow
-$6M
Stock-Based Comp.
$0
Balance Sheet
Total Assets
$134M
Total Liabilities
$68M
Stockholders' Equity
$66M
Cash & Equivalents
$44M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$26M
$102M
-74.2%
Gross Profit
-$2M
-$9M
+77.7%
Operating Income
-$20M
-$24M
+15.6%
Net Income
-$21M
-$24M
+14.2%
Revenue Segments
Product
$20M
77%
Service
$6M
23%
← FY 2022
All Quarters
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