FTC Solar Past Earnings Performance
Past criteria checks 0/6
FTC Solar's earnings have been declining at an average annual rate of -17.6%, while the Electrical industry saw earnings growing at 14.7% annually. Revenues have been declining at an average rate of 22.3% per year.
Key information
-17.6%
Earnings growth rate
-7.9%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | -22.3% |
| Return on equity | -79.4% |
| Net Margin | -39.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
FTC Solar, Inc. (NASDAQ:FTCI) Analysts Just Slashed This Year's Estimates
Mar 17
FTC Solar, Inc. (NASDAQ:FTCI) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Mar 16Slammed 26% FTC Solar, Inc. (NASDAQ:FTCI) Screens Well Here But There Might Be A Catch
Feb 06Companies Like FTC Solar (NASDAQ:FTCI) Could Be Quite Risky
Jan 15FTC Solar, Inc. (NASDAQ:FTCI) Stock Catapults 82% Though Its Price And Business Still Lag The Industry
Dec 18Revenue Downgrade: Here's What Analysts Forecast For FTC Solar, Inc. (NASDAQ:FTCI)
Nov 09Bearish: Analysts Just Cut Their FTC Solar, Inc. (NASDAQ:FTCI) Revenue and EPS estimates
Aug 11Investors Appear Satisfied With FTC Solar, Inc.'s (NASDAQ:FTCI) Prospects As Shares Rocket 34%
Apr 17FTC Solar, Inc. (NASDAQ:FTCI) Analysts Just Trimmed Their Revenue Forecasts By 10%
Mar 16Analyst Forecasts Just Got A Lot More Bearish On FTC Solar, Inc. (NASDAQ:FTCI)
Nov 12FTC Solar gains on announcing agreement with Primoris
Sep 15Analysts Have Just Cut Their FTC Solar, Inc. (NASDAQ:FTCI) Revenue Estimates By 14%
Aug 11FTC Solar Non-GAAP EPS of -$0.18 misses by $0.02, revenue of $30.72M misses by $1.72M
Aug 09A First Look At FTC Solar
Jun 13Earnings Update: FTC Solar, Inc. (NASDAQ:FTCI) Just Reported And Analysts Are Trimming Their Forecasts
May 12We're Not Very Worried About FTC Solar's (NASDAQ:FTCI) Cash Burn Rate
May 08Revenue & Expenses BreakdownBeta
How FTC Solar makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 127 | -50 | 48 | 7 |
| 30 Sep 23 | 130 | -60 | 56 | 8 |
| 30 Jun 23 | 116 | -68 | 54 | 8 |
| 31 Mar 23 | 114 | -84 | 59 | 9 |
| 31 Dec 22 | 123 | -100 | 62 | 10 |
| 30 Sep 22 | 199 | -103 | 60 | 9 |
| 30 Jun 22 | 235 | -100 | 58 | 9 |
| 31 Mar 22 | 254 | -127 | 92 | 12 |
| 31 Dec 21 | 271 | -107 | 83 | 12 |
| 30 Sep 21 | 213 | -92 | 75 | 11 |
| 30 Jun 21 | 220 | -72 | 66 | 10 |
| 31 Mar 21 | 221 | -27 | 19 | 6 |
| 31 Dec 20 | 187 | -16 | 15 | 5 |
| 31 Dec 19 | 53 | -13 | 6 | 4 |
Quality Earnings: FTCI is currently unprofitable.
Growing Profit Margin: FTCI is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FTCI is unprofitable, and losses have increased over the past 5 years at a rate of 17.6% per year.
Accelerating Growth: Unable to compare FTCI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FTCI is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (25.8%).
Return on Equity
High ROE: FTCI has a negative Return on Equity (-79.44%), as it is currently unprofitable.