FTCI Q4 2024 Earnings — FTC Solar, Inc. Revenue & Financial Results | Market Cap Arena

FTCIFTC Solar, Inc.

$75M

Q4 2024 Earnings

Income Statement

Revenue

$13M-43.1% YoY

Gross Profit

-$4M-29.1% margin

Operating Income

-$13M-101.7% margin

Net Income

-$12M-92.7% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+30.2%

Cash Flow

Operating Cash Flow

-$17M

Free Cash Flow

-$17M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$90M

Total Liabilities

$71M

Stockholders' Equity

$19M

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13M	$23M	-43.1%
Gross Profit	-$4M	$692,000	-654.5%
Operating Income	-$13M	-$12M	-14.4%
Net Income	-$12M	-$11M	-9.5%

Revenue Segments

Product

$19M78%

Service

$5M22%