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FTC Solar, Inc. (FTCI)

For the quarter ending 2025-06-30, FTCI made $19,993K in revenue. -$15,349K in net income. Net profit margin of -76.77%.

Overview

Revenue
$19,993K
Net Income
-$15,349K
Net Profit Margin
-76.77%
EPS
-$1.18
Unit: Thousand (K) dollars
Revenue Breakdown
    • Revenue from contract with custo...
    • Revenue from contract with custo...

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
Total revenue19,993 20,803 10,136
Total cost of revenue23,912 24,250 14,442
Gross loss-3,919 -3,447 -4,306
Selling and marketing1,291 1,136 2,406
Research and development1,129 924 1,467
General and administrative5,160 5,053 6,797
Total operating expenses7,580 7,113 10,670
Loss from operations-11,499 -10,560 -14,976
Interest income5 6 -
Interest expense731 711 -
Loss from unconsolidated subsidiary-451 -112 -256
Gain on sale of atlas50 - -
Gain (loss) from change in fair value of warrant liability2,836 -4,604 -
Gain from disposal of investment in unconsolidated subsidiary- 3,204 -
Other income (expense), net71 4 93
Interest expense- - 24
Loss before income taxes-15,391 -3,565 -15,115
Provision for income taxes39 254 244
Net loss-15,430 -3,819 -15,359
Foreign currency translation adjustments81 28 207
Comprehensive loss-15,349 -3,791 -15,152
Earnings per share, basic-1.18 -0.3 -0.12
Earnings per share, diluted-1.18 -0.58 -0.12
Weighted average number of shares outstanding, basic13,098,825 12,888,695 127,380,292
Weighted average number of shares outstanding, diluted13,098,825 14,588,972 127,380,292
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Comprehensive loss-$15,349K Foreign currencytranslation adjustments$81K Net loss-$15,430K Loss before incometaxes-$15,391K Provision for income taxes$39K Gain on sale of atlas$50K Interest income$5K Other income(expense), net$71K Gain (loss) fromchange in fair value of...$2,836K Loss fromunconsolidated subsidiary-$451K Interest expense$731K Loss from operations-$11,499K Revenue from contractwith customer,...$15,867K Revenue from contractwith customer,...$4,126K Gross loss-$3,919K Total operatingexpenses$7,580K Total revenue$19,993K Total cost of revenue$23,912K General andadministrative$5,160K Research and development$1,129K Selling and marketing$1,291K