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FTC Solar (FTC Solar) Selling, General, & Admin. Expense : $48.36 Mil (TTM As of Mar. 2024)


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What is FTC Solar Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. FTC Solar's selling, general, & admin. expense for the three months ended in Mar. 2024 was $8.96 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2024 was $48.36 Mil.


FTC Solar Selling, General, & Admin. Expense Historical Data

The historical data trend for FTC Solar's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

FTC Solar Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
6.46 15.34 82.72 62.40 51.92

FTC Solar Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.51 10.70 17.74 10.98 8.96

Competitive Comparison of FTC Solar's Selling, General, & Admin. Expense

For the Solar subindustry, FTC Solar's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, FTC Solar's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where FTC Solar's Selling, General, & Admin. Expense falls into.



FTC Solar Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $48.36 Mil.

* 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.


FTC Solar  (NAS:FTCI) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


FTC Solar Selling, General, & Admin. Expense Related Terms

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FTC Solar (FTC Solar) Business Description

Industry
Traded in Other Exchanges
Address
9020 N Capital of Texas Highway, Building 1, Suite 260, Austin, TX, USA, 78759
FTC Solar Inc is a global provider of advanced solar tracker systems, supported by proprietary software and value-added engineering services. It focuses on providing differentiated products, software and services that maximize energy generation and cost savings for customers, and to help facilitate the continued growth and adoption of solar power globally.
Executives
Robert Phelps Morris officer: CHIEF FINANCIAL OFFICER C/O FTC SOLAR, INC., 9020 N CAPITAL OF TEXAS HWY, SUITE I-250, AUSTIN TX 78759
Ahmad R Chatila director 3901 NO. FIRST STREET, SAN JOSE CA 95134
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
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
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
South Cone Investments Limited Partnership 10 percent owner AVENIDA PRESIDENTE RIESCO 5711 OFICINA 1, LAS CONDES, SANTIAGO F3 7550000