Tigo Energy Past Earnings Performance
Past criteria checks 0/6
Tigo Energy's earnings have been declining at an average annual rate of -13.9%, while the Electrical industry saw earnings growing at 13.3% annually. Revenues have been declining at an average rate of 71.7% per year.
Key information
-13.9%
Earnings growth rate
10.2%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | -71.7% |
| Return on equity | -19.1% |
| Net Margin | -21.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Tigo Energy, Inc. (NASDAQ:TYGO) Just Reported And Analysts Have Been Cutting Their Estimates
Aug 09
Here's Why Tigo Energy (NASDAQ:TYGO) Can Afford Some Debt
Jun 02Lacklustre Performance Is Driving Tigo Energy, Inc.'s (NASDAQ:TYGO) 30% Price Drop
Mar 23Newsflash: 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 Breakdown
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 |
|---|---|---|---|---|
| 30 Jun 24 | 49 | -11 | 46 | 10 |
| 31 Mar 24 | 105 | -15 | 47 | 10 |
| 31 Dec 23 | 145 | -3 | 46 | 9 |
| 30 Sep 23 | 167 | 13 | 39 | 8 |
| 30 Jun 23 | 173 | -21 | 33 | 7 |
| 31 Mar 23 | 121 | 0 | 21 | 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: TYGO is unprofitable, and losses have increased over the past 5 years at a rate of 13.9% per year.
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 (19.8%).
Return on Equity
High ROE: TYGO has a negative Return on Equity (-19.1%), as it is currently unprofitable.