TYGO Q2 2024 Earnings — Tigo Energy, Inc. Revenue & Financial Results | Market Cap Arena

TYGOTigo Energy, Inc.

$277M

Q2 2024 Earnings

Income Statement

Revenue

$13M-81.5% YoY

Gross Profit

$4M30.4% margin

Operating Income

-$8M-66.2% margin

Net Income

-$11M-89.1% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

+29.6%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$103M

Total Liabilities

$59M

Stockholders' Equity

$45M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13M	$69M	-81.5%
Gross Profit	$4M	$26M	-85.1%
Operating Income	-$8M	$9M	-197.0%
Net Income	-$11M	-$22M	+48.9%

Geographic Segments

EMEA

$7.0B55%

Asia Pacific

$2.9B23%

Americas

$2.8B22%