TYGO Q3 2023 Earnings — Tigo Energy, Inc. Revenue & Financial Results | Market Cap Arena

TYGOTigo Energy, Inc.

$277M

Q3 2023 Earnings

Income Statement

Revenue

$17M-25.1% YoY

Gross Profit

$4M24.3% margin

Operating Income

-$11M-65.6% margin

Net Income

$29M169.9% margin

EPS (Diluted)

$-0.27

QoQ Revenue Growth

-75.1%

Cash Flow

Operating Cash Flow

-$24M

Free Cash Flow

-$25M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$143M

Total Liabilities

$67M

Stockholders' Equity

$76M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$17M	$23M	-25.1%
Gross Profit	$4M	$7M	-36.9%
Operating Income	-$11M	-$2M	-436.0%
Net Income	$29M	-$2M	+1300.2%

Geographic Segments

EMEA

$10.2B60%

Americas

$3.6B21%

Asia Pacific

$3.3B19%