FTC Solar, Inc.
NASDAQ:FTCI
5.05 (USD) • At close July 17, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Assets: | ||||||
| Current Assets: | ||||||
| Cash & Cash Equivalents
| 11.247 | 25.235 | 44.385 | 102.185 | 32.359 | 7.221 |
| Short Term Investments
| 0 | 0 | 0 | 0 | 0 | 0 |
| Cash and Short Term Investments
| 11.247 | 25.235 | 44.385 | 102.185 | 32.359 | 7.221 |
| Net Receivables
| 39.709 | 65.279 | 49.052 | 107.548 | 23.734 | 14.048 |
| Inventory
| 10.144 | 3.905 | 14.949 | 8.86 | 1.686 | 4.505 |
| Other Current Assets
| 15.028 | 14.089 | 10.304 | 17.186 | 7.938 | 4.862 |
| Total Current Assets
| 76.128 | 108.508 | 118.69 | 235.779 | 65.717 | 30.636 |
| Non-Current Assets: | ||||||
| Property, Plant & Equipment, Net
| 3.366 | 3.642 | 2.856 | 3.315 | 0.571 | 0.043 |
| Goodwill
| 7.139 | 7.353 | 7.538 | 0 | 0 | 0 |
| Intangible Assets
| 0 | 0.542 | 1.113 | 0 | 0 | 0.033 |
| Goodwill and Intangible Assets
| 7.139 | 7.895 | 8.651 | 0 | 0 | 0.033 |
| Long Term Investments
| 0.954 | 0.24 | 0 | 0 | 1.857 | 2.582 |
| Tax Assets
| 0 | 0 | 0 | 0 | 0 | -0.043 |
| Other Non-Current Assets
| 2.341 | 2.785 | 4.201 | 3.926 | 3.248 | 0.579 |
| Total Non-Current Assets
| 13.8 | 14.562 | 15.708 | 7.241 | 5.676 | 3.194 |
| Total Assets
| 89.928 | 123.07 | 134.398 | 243.02 | 71.393 | 33.83 |
| Liabilities & Equity: | ||||||
| Current Liabilities: | ||||||
| Account Payables
| 12.995 | 7.979 | 15.801 | 39.264 | 17.127 | 8.191 |
| Short Term Debt
| 0.755 | 0.74 | 0.417 | 0.452 | 1 | 0.011 |
| Tax Payables
| 0.325 | 0.088 | 0.443 | 0.219 | 0.079 | 0 |
| Deferred Revenue
| 5.306 | 3.612 | 11.316 | 1.421 | 22.98 | 19.873 |
| Other Current Liabilities
| 29.692 | 42.246 | 32.363 | 51.892 | 18.623 | 5.649 |
| Total Current Liabilities
| 49.073 | 54.665 | 60.34 | 93.248 | 59.809 | 33.724 |
| Non-Current Liabilities: | ||||||
| Long Term Debt
| 9.877 | 1.124 | 1.572 | 2.68 | 1.139 | 7.86 |
| Deferred Revenue Non-Current
| 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities Non-Current
| 0 | 0 | 0 | 0 | 0 | 0.003 |
| Other Non-Current Liabilities
| 11.942 | 4.81 | 6.036 | 4.226 | 2.994 | 0.688 |
| Total Non-Current Liabilities
| 21.819 | 5.934 | 7.608 | 6.906 | 4.133 | 8.551 |
| Total Liabilities
| 70.892 | 60.599 | 67.948 | 100.154 | 63.942 | 42.275 |
| Equity: | ||||||
| Preferred Stock
| 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock
| 0.001 | 0.013 | 0.011 | 0.009 | 0.001 | 0.001 |
| Retained Earnings
| -347.741 | -299.135 | -248.845 | -149.232 | -42.643 | -26.719 |
| Accumulated Other Comprehensive Income/Loss
| -0.542 | -0.293 | -0.061 | 0.007 | -0.003 | 0 |
| Other Total Stockholders Equity
| 367.318 | 361.886 | 315.345 | 292.082 | 50.096 | 18.273 |
| Total Shareholders Equity
| 19.036 | 62.471 | 66.45 | 142.866 | 7.451 | -8.445 |
| Total Equity
| 19.036 | 62.471 | 66.45 | 142.866 | 7.451 | -8.445 |
| Total Liabilities & Shareholders Equity
| 89.928 | 123.07 | 134.398 | 243.02 | 71.393 | 33.83 |