FTC Solar (FTCI) Intangibles (2021 - 2024)
FTC Solar (FTCI) posted Intangibles of $2.0 million for Q4 2024, up 1370.07% on a QoQ basis from $137000.0 in Q3 2024, and down 21.17% year-over-year from $2.6 million in Q1 2024.
FTC Solar (FTCI) Intangibles (2021 - 2024) Analysis & Trends
FTC Solar's Intangibles history runs 4 years deep, the most recent figure standing at $2.0 million for Q4 2024.
- Quarterly Intangibles fell 21.17% year-over-year to $2.0 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $2.0 million (down 21.17% YoY) and the FY2024 annual result came in at $2.0 million, down 21.17% from the prior year.
- Intangibles was $2.0 million for Q4 2024 at FTC Solar, up from $137000.0 in the prior quarter.
- Across five years, Intangibles topped out at $2.6 million in Q4 2022 and bottomed at $137000.0 in Q3 2024.
- A 4-year average of $1.2 million and a median of $1.1 million in 2021 frame the typical range for Intangibles.
- Annual changes were most pronounced in 2022 — Intangibles surged 115.92% — and 2024, when it sank 79.15%.
- FTC Solar's Intangibles stood at $1.2 million in 2021, then jumped by 115.92% to $2.6 million in 2022, then dropped by 1.39% to $2.6 million in 2023, then dropped by 21.17% to $2.0 million in 2024.
- Business Quant data shows FTCI's Intangibles at $2.0 million in Q4 2024, $137000.0 in Q3 2024, and $264000.0 in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 64.88 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 78.05 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 17.56 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 310.08 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 6.42 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | - |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 31.60 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 31.98 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 224.92 Mn |
| 10 | FTC Solar | 48.88 Mn | 43.25 Mn | -1.23 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 2.01 Mn |
| Sep 30, 2024 | 137,000.00 |
| Jun 30, 2024 | 264,000.00 |
| Mar 31, 2024 | 399,000.00 |
| Dec 31, 2023 | 2.56 Mn |
| Sep 30, 2023 | 657,000.00 |
| Jun 30, 2023 | 792,000.00 |
| Mar 31, 2023 | 977,000.00 |
| Dec 31, 2022 | 2.59 Mn |
| Sep 30, 2022 | 1.22 Mn |
| Jun 30, 2022 | 1.43 Mn |
| Dec 31, 2021 | 1.20 Mn |