Financial Snapshot

Revenue
$45.99M
TTM
Gross Margin
25.56%
TTM
Net Earnings
-$50.72M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
395.51%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$33.47M
Q3 2024
Cash
Q3 2024
P/E
-1.042
Nov 29, 2024 EST
Free Cash Flow
-$22.27M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $145.2M $0.00 $0.00 $0.00 $0.00
YoY Change

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $145.2M $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $93.92M $56.55M
Gross Profit $51.31M $24.77M
Gross Profit Margin 35.33%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $50.09M $19.99M
YoY Change 150.63%
% of Gross Profit 97.62% 80.68%
Research & Development $9.496M $5.682M
YoY Change 67.12%
% of Gross Profit 18.51% 22.94%
Depreciation & Amortization $1.106M $562.0K
YoY Change 96.8%
% of Gross Profit 2.16% 2.27%
Operating Expenses $59.58M $1.429M $415.9K $1.970K $1.230K
YoY Change 4069.31% 243.65% 21009.64% 60.16%
Operating Profit -$8.275M -$1.429M -$415.9K -$1.965K
YoY Change 479.03% 243.65% 21063.26%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $4.132M $1.646M $13.32K
YoY Change 151.05% 12256.68%
% of Operating Profit
Other Income/Expense, Net $3.468M $1.646M $13.32K
YoY Change 110.7% 12260.36%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$846.0K $216.8K -$402.5K -$1.970K -$1.230K
YoY Change -490.22% -153.86% 20333.5% 60.16%
Income Tax $138.0K $395.0K
% Of Pretax Income 182.2%
Net Earnings -$4.383M -$178.2K -$402.5K -$1.965K -$1.230K
YoY Change 2359.35% -55.73% 20385.6% 59.76%
Net Earnings / Revenue -3.02%
Basic Earnings Per Share -$0.08 -$2.71
Diluted Earnings Per Share -$0.12 -$0.01 -$27.13K -$152.40 -$95.17

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $31.21M $88.11K $802.6K $22.79K $25.00K
YoY Change 35322.77% -89.02% 3421.76% -8.84%
Cash & Equivalents $4.405M
Short-Term Investments $26.81M
Other Short-Term Assets $5.236M $285.5K $188.6K
YoY Change 1733.91% 51.37%
Inventory $61.40M
Prepaid Expenses
Receivables $6.862M
Other Receivables $0.00
Total Short-Term Assets $104.7M $373.6K $991.2K $22.79K $25.00K
YoY Change 27925.8% -62.31% 4249.36% -8.84%
Property, Plant & Equipment $5.961M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.977M $24.68M $116.7M
YoY Change -91.99% -78.86%
Other Assets $728.0K $0.00 $102.9K $470.00 $0.00
YoY Change -100.0% 21782.98%
Total Long-Term Assets $23.07M $24.68M $116.8M $470.00 $0.00
YoY Change -6.53% -78.88% 24859723.4%
Total Assets $127.8M $25.05M $117.8M $23.26K $25.00K
YoY Change
Accounts Payable $15.69M $666.8K $244.8K
YoY Change 2252.17% 172.41%
Accrued Expenses $9.873M $1.450K $1.230K
YoY Change 17.89%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $26.42M $1.062M $244.8K $1.450K $1.230K
YoY Change 2388.02% 333.78% 16782.07% 17.89%
Long-Term Debt $31.57M $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $6.964M
YoY Change
Total Long-Term Liabilities $38.53M $0.00 $0.00 $0.00 $0.00
YoY Change
Total Liabilities $64.95M $1.062M $244.8K $1.450K $1.230K
YoY Change 6016.97% 333.78% 16782.07% 17.89%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 38.05M 4.941M
Diluted Shares Outstanding 43.22M 4.941M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $52.847 Million

About TIGO ENERGY, INC.

Tigo Energy, Inc. engages in the development and manufacture of smart hardware and software solutions. The company is headquartered in Campbell, California and currently employs 176 full-time employees. The company went IPO on 2021-08-10. The firm designs solar power conversion and storage products. The company also develops and manufactures products such as inverters and battery storage systems for the residential solar-plus-storage market. The firm combines its Flex MLPE (Module Level Power Electronics) and solar optimizer technology with intelligent, cloud-based software capabilities for advanced energy monitoring and control. Its MLPE products enable real-time energy monitoring and provide code-required rapid shutdown at the module level. The company provides additional products, such as RSS Transmitter, Tigo Access Point (TAP), and Cloud Connect Advanced (CCA). The firm also provides energy intelligence (EI) residential solution, and a Tigo EI monitoring demo. The firm serves various customers, such as equipment manufacturers, installation professionals, commercial businesses, and homeowners.

Industry: Semiconductors & Related Devices Peers: ALLIENT INC Blink Charging Co. EMERSON ELECTRIC CO FUELCELL ENERGY INC SES AI Corp Amprius Technologies, Inc. LSI INDUSTRIES INC POWELL INDUSTRIES INC PREFORMED LINE PRODUCTS CO Thermon Group Holdings, Inc.