FTC Solar (FTCI) Financials

$2.52

$0.00 (0.00%)

As on 04-Sep-2026 16:00EDT

Market cap

$42 Mln

Revenue (TTM)

$102 Mln

P/E Ratio

--

P/B Ratio

18.3

Div. Yield

0 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Operating Revenue	102.31	99.69	47.36	127.00	123.07	270.53
Cost of Revenue	97.28	98.56	59.95	118.70	150.29	303.07
Gross Profit	5.03	1.13	-12.59	8.31	-27.23	-32.55
Operating Expenses	42.17	34.54	40.24	59.08	72.34	94.26
Operating Profit (EBIT)	-37.14	-33.42	-52.83	-50.78	-99.57	-126.80
Other Income	--	--	--	--	--	21.20
Profit before Tax	-51.55	-76.40	-48.38	-50.63	-99.18	-106.42
Provision for Tax	0.64	0.53	0.23	-0.34	0.44	0.17
Profit after Tax (Net Income)	-52.20	-76.92	-48.61	-50.29	-99.61	-106.59
Minority Interest	--	--	--	--	--	--
Consolidated Profit	--	--	--	--	-99.61	-106.59

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Shareholder's Funds	-30.35	-40.30	19.04	62.47	66.45	142.87
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	37.18	76.62	21.82	5.93	7.61	6.91
Current Liabilities	91.23	75.49	49.07	54.67	60.34	93.25
Total Liabilities	189.29	111.81	89.93	123.07	134.40	243.02

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Non-Current Assets	14.74	14.04	13.80	14.56	15.71	7.24
Current Assets	83.32	97.77	76.13	108.51	118.69	235.78
Total Assets	189.29	111.81	89.93	123.07	134.40	243.02
Total Debt*	24.27	33.88	10.63	1.86	1.20	1.79
Net Current Assets	-7.91	29.54	27.06	53.84	58.35	142.53

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Cash From Operating Activities	--	-33.44	-34.70	-52.66	-54.51	-132.85
Cash Flow from Investing Activities	--	2.80	6.26	-0.40	-4.25	21.31
Cash from Financing Activities	--	40.40	14.50	33.95	0.90	180.37
Net Cash Inflow / Outflow	--	--	--	--	--	68.82

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Adjusted EPS ($)	-3.37	-5.08	-3.80	-4.02	-9.59	-11.10
Cash EPS ($)	-5.73	-5.00	-3.67	-3.91	-9.50	-11.08
Adjusted Book Value ($)	-1.84	--	1.49	4.99	6.40	14.88
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	-2.21	-2.71	-4.21	-5.25	-13.84
Free Cash Flow per Share ($)	--	-2.28	-2.84	-4.27	-5.34	-13.94

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
ROCE (%)	--	-661.80	-103.41	-76.20	-93.84	-137.99
ROE (%)	--	723.42	-119.27	-78.02	-95.18	-141.82
ROA (%)	-31.36	-76.26	-45.64	-39.07	-52.79	-67.80
EBIT Margin (%)	-19.07	-69.06	-101.48	-39.66	-79.79	-39.04
Net Margin (%)	-51.02	-77.16	-102.64	-39.60	-80.94	-36.54
Cash Profit Margin (%)	0.00	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Revenue Growth (%)	59.53	1.11	-0.63	0.03	-0.55	0.44
EBIT Growth (%)	57.72	-43.24	4.60	48.70	7.01	-575.10
Net Profit Growth (%)	-11.43	-58.25	3.35	49.51	6.54	-569.36
EPS Growth (%)	6.40	-0.34	0.05	0.58	0.14	-3.80
Book Value Growth (%)	-373.92	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Price / Earnings	--	-2.15	-1.45	-0.17	-0.28	-0.68
Price / Book Value	18.26	-4.10	3.70	0.14	0.42	0.51
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	-0.70	-2.63	-1.51	0.30	0.16	0.26
Close Price ($)	5.08	10.91	5.51	6.93	26.80	75.60
High Price ($)	12.75	12.00	7.50	38.70	77.50	154.60
Low Price ($)	3.21	2.13	1.76	2.82	17.80	62.20
Market Cap ($ Cr)	41.80	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debt to Equity	--	-0.84	0.56	0.03	0.02	0.01
Short term debt to equity ratio	-0.76	-0.83	0.04	0.01	0.01	0.00
Current Ratio	0.91	1.30	1.55	1.98	1.97	2.53
Quick Ratio	0.80	1.17	1.34	1.91	1.72	2.43
Interest Coverage	-2.59	-9.11	-150.65	-199.11	-100.41	-129.74

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debtors to sales (%)	47.57	55.92	83.85	51.40	39.86	39.76
Asset Turnover	0.61	0.99	0.44	0.99	0.65	1.72
Receivable days	--	174.87	404.89	164.40	232.39	88.63
Inventory Days	--	36.63	42.80	29.01	28.93	8.89
Payable days	--	48.63	63.89	36.59	66.91	33.98
Cash Conversion Cycle	--	162.88	383.79	156.83	194.41	63.53

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.