Tigo Energy Past Earnings Performance
Past criteria checks 0/6
Tigo Energy's earnings have been declining at an average annual rate of -17.5%, while the Electrical industry saw earnings growing at 14.7% annually. Revenues have been growing at an average rate of 48.2% per year.
Key information
-17.5%
Earnings growth rate
-7.2%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | 48.2% |
| Return on equity | -1.6% |
| Net Margin | -2.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Lacklustre Performance Is Driving Tigo Energy, Inc.'s (NASDAQ:TYGO) 30% Price Drop
Mar 23
Newsflash: Tigo Energy, Inc. (NASDAQ:TYGO) Analysts Have Been Trimming Their Revenue Forecasts
Jan 23The Market Doesn't Like What It Sees From Tigo Energy, Inc.'s (NASDAQ:TYGO) Revenues Yet As Shares Tumble 28%
Jan 18Tigo Energy (NASDAQ:TYGO) Is Doing The Right Things To Multiply Its Share Price
Jan 07Why Tigo Energy, Inc. (NASDAQ:TYGO) Could Be Worth Watching
Nov 28Why Investors Shouldn't Be Surprised By Tigo Energy, Inc.'s (NASDAQ:TYGO) 46% Share Price Plunge
Nov 10Returns Are Gaining Momentum At Tigo Energy (NASDAQ:TYGO)
Sep 15Revenue & Expenses BreakdownBeta
How Tigo Energy 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 | 145 | -3 | 46 | 9 |
| 30 Sep 23 | 167 | 5 | 39 | 8 |
| 30 Jun 23 | 173 | -29 | 33 | 7 |
| 31 Mar 23 | 121 | -2 | 25 | 6 |
| 31 Dec 22 | 81 | -13 | 20 | 6 |
| 30 Sep 22 | 57 | -18 | 17 | 6 |
| 31 Dec 21 | 44 | -8 | 11 | 6 |
| 31 Dec 20 | 33 | 2 | 7 | 4 |
Quality Earnings: TYGO is currently unprofitable.
Growing Profit Margin: TYGO is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if TYGO's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare TYGO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TYGO is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (25.8%).
Return on Equity
High ROE: TYGO has a negative Return on Equity (-1.57%), as it is currently unprofitable.