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FTCI

Ftc Solar, Inc.

$0.57

Earnings Summary

Revenue
$30.55Mn
Net Profits
$-16.94Mn
Net Profit Margins
-55.44%

Highlights

Revenue:

Ftc Solar, Inc.’s revenue jumped 84.34% since last year same period to $30.55Mn in the Q3 2023. On a quarterly growth basis, Ftc Solar, Inc. has generated -5.6% fall in its revenue since last 3-months.

Net Profits:

Ftc Solar, Inc.’s net profit jumped 33.93% since last year same period to $-16.94Mn in the Q3 2023. On a quarterly growth basis, Ftc Solar, Inc. has generated -62.64% fall in its net profits since last 3-months.

Net Profit Margins:

Ftc Solar, Inc.’s net profit margin jumped 64.16% since last year same period to -55.44% in the Q3 2023. On a quarterly growth basis, Ftc Solar, Inc. has generated -72.28% fall 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
-0.04
EPS Estimate Current Year
-0.04

Highlights

EPS Estimate Current Quarter:

Ftc Solar, Inc.’s earning per share (EPS) estimates for the current quarter stand at -0.04 - a 48.43% jump from last quarter’s estimates.

EPS Estimate Current Year:

Ftc Solar, Inc.’s earning per share (EPS) estimates for the current year stand at -0.04.

Key Ratios

Key ratios of the Ftc Solar, Inc. post its Q3 2023 earnings

Earning Per Share (EPS)
-0.08
Return on Assets (ROA)
-0.26
Return on Equity (ROE)
-0.76

Highlights

Earning Per Share (EPS):

Ftc Solar, Inc.’s earning per share (EPS) jumped 52.94% since last year same period to -0.08 in the Q3 2023. This indicates that the Ftc Solar, Inc. has generated 52.94% 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 -0.26.

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 -0.76.

Earnings Calendar

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

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