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FTCI

Ftc Solar, Inc.

$0.45

Earnings Summary

Revenue
$23.2Mn
Net Profits
$-11.18Mn
Net Profit Margins
-48.17%

Highlights

Revenue:

Ftc Solar, Inc.’s revenue fell -11.51% since last year same period to $23.2Mn in the Q4 2023. On a quarterly growth basis, Ftc Solar, Inc. has generated -24.05% fall in its revenue since last 3-months.

Net Profits:

Ftc Solar, Inc.’s net profit jumped 45.48% since last year same period to $-11.18Mn in the Q4 2023. On a quarterly growth basis, Ftc Solar, Inc. has generated 34.01% jump in its net profits since last 3-months.

Net Profit Margins:

Ftc Solar, Inc.’s net profit margin jumped 38.39% since last year same period to -48.17% in the Q4 2023. On a quarterly growth basis, Ftc Solar, Inc. has generated 13.11% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Ftc Solar, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
-0.09
EPS Estimate Current Year
-0.09

Highlights

EPS Estimate Current Quarter:

Ftc Solar, Inc.’s earning per share (EPS) estimates for the current quarter stand at -0.09 - a -28.57% fall from last quarter’s estimates.

EPS Estimate Current Year:

Ftc Solar, Inc.’s earning per share (EPS) estimates for the current year stand at -0.09.

Key Ratios

Key ratios of the Ftc Solar, Inc. post its Q4 2023 earnings

Earning Per Share (EPS)
-0.08
Return on Assets (ROA)
-0.23
Return on Equity (ROE)
-0.77

Highlights

Earning Per Share (EPS):

Ftc Solar, Inc.’s earning per share (EPS) jumped 27.27% since last year same period to -0.08 in the Q4 2023. This indicates that the Ftc Solar, Inc. has generated 27.27% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ftc Solar, Inc.’s return on assets (ROA) stands at -0.23.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ftc Solar, Inc.’s return on equity (ROE) stands at -0.77.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2023-05-10
-0.09
-0.07
22.22%
2024-03-15
-0.07
-0.08
-14.29%
2023-11-08
-0.07
-0.08
-14.29%
2023-08-09
-0.04
-0.06
-50%