FTCI (FTC Solar) Pre-Tax Income : $-48.38 Mil (TTM As of Dec. 2024)

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What is FTC Solar Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. FTC Solar's pretax income for the three months ended in Dec. 2024 was $-12.30 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2024 was $-48.38 Mil. FTC Solar's pretax margin was -93.19%.

During the past 6 years, FTC Solar's highest Pretax Margin was -8.54%. The lowest was -102.16%. And the median was -39.60%.

FTC Solar Pre-Tax Income Historical Data

The historical data trend for FTC Solar's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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FTC Solar Pre-Tax Income Chart

FTC Solar Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Pre-Tax Income

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-16.01

-106.42

-99.18

-50.63

-48.38

FTC Solar Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Pre-Tax Income	Get a 7-Day Free Trial															-11.69	-8.78	-12.18	-15.12	-12.30

Competitive Comparison of FTC Solar's Pre-Tax Income

For the Solar subindustry, FTC Solar's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

FTC Solar's Pre-Tax Income Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, FTC Solar's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where FTC Solar's Pre-Tax Income falls into.

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FTC Solar Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

FTC Solar's Pretax Income for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-52.83	+	4.773	+	-0.319	+	0	+	7.105427357601E-15
	=	-48.38

FTC Solar's Pretax Income for the quarter that ended in Dec. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-13.428	+	1.333	+	-0.208	+	0	+	0
	=	-12.30

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-48.38 Mil.

FTC Solar (NAS:FTCI) Pre-Tax Income Explanation

FTC Solar's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-12.303	/	13.202
	=	-93.19%

During the past 6 years, FTC Solar's highest Pretax Margin was -8.54%. The lowest was -102.16%. And the median was -39.60%.

FTC Solar Pre-Tax Income Related Terms

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FTC Solar Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » FTC Solar Inc (NAS:FTCI) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

6YK0:Germany

Address

9020 North Capital of Texas Highway, Suite I-260, Austin, TX, USA, 78759

Website

https://www.ftcsolar.com

FTC Solar Inc is a provider of solar tracker systems, supported by proprietary software and value-added engineering services. The company's Solar tracker systems move solar panels throughout the day to maintain an optimal orientation relative to the sun, thereby increasing the amount of solar energy produced at a solar installation. It focuses on providing differentiated products, software, and services that maximize energy generation. The company has launched a new mounting solution to support the installation and use of U.S. manufactured thin-film modules by project owners. The only segment the company is engaged in is the Manufacturing and Servicing of Solar tracker systems.

Executives

Ahmad R Chatila	director	3901 NO. FIRST STREET, SAN JOSE CA 95134
Quiroga Cortes Isidoro Alfonso	director	9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759
Patrick Cook	officer: CHIEF FINANCIAL OFFICER	9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759
Tamara Mullings	director	C/O FTC SOLAR, INC., 9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759
Robert Phelps Morris	officer: CHIEF FINANCIAL OFFICER	C/O FTC SOLAR, INC., 9020 N CAPITAL OF TEXAS HWY, SUITE I-250, AUSTIN TX 78759
Shaker Sadasivam	director	P O BOX 8, SAINT PETERS MO 63376
William A Priddy	director	C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Cathy Behnen	officer: CHIEF ACCOUNTING OFFICER	9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759
Sasan Aminpour	officer: Chief Operating Officer	C/O FTC SOLAR, INC., 9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759
Arc Family Trust	10 percent owner	9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759
Kristian Nolde	officer: VP, MARKETING AND STRATEGY	9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759
David Springer	director, 10 percent owner	2718 LOYAGA DRIVE, ROUND ROCK TX 78681
Nagendra Cherukupalli	officer: CHIEF TECHNOLOGY OFFICER	9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759
Sean Hunkler	director, officer: PRESIDENT AND CEO	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Thurman J Rodgers	director	535 EASTVIEW WAY, WOODSIDE CA 94062