FTC Solar (FTCI) Intangibles (2022 - 2024)
FTC Solar (FTCI) reported Intangibles of $2.0 million for Q4 2024, up 271.59% on a YoY basis from $542000.0 in Q1 2024, and up 1370.07% quarter-over-quarter from $137000.0 in Q3 2024.
FTC Solar (FTCI) Intangibles (2022 - 2024) Analysis & Trends
FTC Solar has reported Intangibles for 3 years, with the latest figure at $2.0 million in Q4 2024.
- For the quarter ending Q4 2024, Intangibles rose 271.59% year-over-year to $2.0 million; the trailing twelve-month figure through Dec 2024 stood at $2.0 million (up 271.59% YoY), and the FY2024 full-year result was $2.0 million, up 271.59% from the prior year.
- Intangibles for Q4 2024 stood at $2.0 million, up from $137000.0 in the prior quarter.
- The five-year high for Intangibles was $2.0 million in Q4 2024, with the low at $137000.0 in Q3 2024.
- Historically, Intangibles has averaged $867545.5 across 3 years, with a median of $792000.0 in 2023.
- The largest YoY upside for Intangibles was 271.59% in 2024 against a maximum downside of 79.15% in 2024.
- FTC Solar's Intangibles stood at $1.1 million in 2022, then plunged by 51.3% to $542000.0 in 2023, then soared by 271.59% to $2.0 million in 2024.
- The last three Intangibles figures came in at $2.0 million (Q4 2024), $137000.0 (Q3 2024), and $264000.0 (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 64.88 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 78.05 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 17.56 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 6.42 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | - |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 31.60 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 224.92 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 60.28 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 1.58 Mn |
| 10 | FTC Solar | 68.50 Mn | 62.86 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 | 542,000.00 |
| Sep 30, 2023 | 657,000.00 |
| Jun 30, 2023 | 792,000.00 |
| Mar 31, 2023 | 977,000.00 |
| Dec 31, 2022 | 1.11 Mn |
| Sep 30, 2022 | 1.22 Mn |
| Jun 30, 2022 | 1.43 Mn |