TYGO Q2 2023 Earnings — Tigo Energy, Inc. Revenue & Financial Results | Market Cap Arena

TYGOTigo Energy, Inc.

$277M

Q2 2023 Earnings

Income Statement

Revenue

$69M+290.2% YoY

Gross Profit

$26M37.6% margin

Operating Income

$9M12.6% margin

Net Income

-$22M-32.2% margin

EPS (Diluted)

$-0.80

QoQ Revenue Growth

+37.5%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$6M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$195M

Total Liabilities

$165M

Stockholders' Equity

$30M

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$69M	$18M	+290.2%
Gross Profit	$26M	$6M	+368.3%
Operating Income	$9M	$610,000	+1320.5%
Net Income	-$22M	$178,000	-12558.4%