TYGO Q1 2023 Earnings — Tigo Energy, Inc. Revenue & Financial Results | Market Cap Arena

TYGOTigo Energy, Inc.

$277M

Q1 2023 Earnings

Income Statement

Revenue

$50M+404.7% YoY

Gross Profit

$18M36.7% margin

Operating Income

$8M15.6% margin

Net Income

$7M13.8% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+61.8%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$6M

Stock-Based Comp.

$367,000

Balance Sheet

Total Assets

$157M

Total Liabilities

$106M

Stockholders' Equity

$51M

Cash & Equivalents

$51M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$50M	$10M	+404.7%
Gross Profit	$18M	$3M	+584.6%
Operating Income	$8M	-$2M	+597.5%
Net Income	$7M	-$6M	+221.3%