TYGOTigo Energy, Inc.

$277M

Q1 2024 Earnings

Income Statement

Revenue

$10M-80.4% YoY

Gross Profit

$3M28.2% margin

Operating Income

-$9M-92.7% margin

Net Income

-$12M-117.4% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

-$11M

Free Cash Flow

-$12M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$109M

Total Liabilities

$55M

Stockholders' Equity

$54M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$10M	$50M	-80.4%
Gross Profit	$3M	$18M	-84.9%
Operating Income	-$9M	$8M	-216.2%
Net Income	-$12M	$7M	-266.5%

Geographic Segments

EMEA

$5.8B59%

Americas

$2.7B28%

Asia Pacific

$1.3B13%

TYGO Q1 2024 Earnings — Tigo Energy, Inc. Revenue & Financial Results | Market Cap Arena