Growth Metrics

Tigo Energy (TYGO) Long-Term Investments (2021 - 2023)

Tigo Energy's quarterly Long-Term Investments came in at $2.0 million in Q4 2023, down 91.99% year-on-year from $24.7 million in Q4 2022, and down 91.96% quarter-over-quarter from $24.6 million in Q1 2023.

Tigo Energy has reported Long-Term Investments for 3 years, with the latest figure at $2.0 million in Q4 2023.

  • For the quarter ending Q4 2023, Long-Term Investments fell 91.99% year-over-year to $2.0 million; the trailing twelve-month figure through Dec 2023 stood at $2.0 million (down 91.99% YoY), and the FY2023 full-year result was $2.0 million, down 91.99% from the prior year.
  • Long-Term Investments for Q4 2023 stood at $2.0 million, down from $24.6 million in the prior quarter.
  • The five-year high for Long-Term Investments was $117.4 million in Q3 2022, with the low at $2.0 million in Q4 2023.
  • Average Long-Term Investments over 3 years is $79.5 million, with a median of $116.7 million recorded in 2021.
  • Year-over-year, Long-Term Investments gained 0.62% in 2022 and slumped 91.99% in 2023.
  • Tracing TYGO's Long-Term Investments over 3 years: stood at $116.7 million in 2021, then plunged by 78.86% to $24.7 million in 2022, then tumbled by 91.99% to $2.0 million in 2023.
  • The last three Long-Term Investments figures came in at $2.0 million (Q4 2023), $24.6 million (Q1 2023), and $24.7 million (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Investments (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 214.67 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 289.60 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn -
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 129.06 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn -

Historic Data

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DateValue
Dec 31, 2023 1.98 Mn
Mar 31, 2023 24.60 Mn
Dec 31, 2022 24.68 Mn
Sep 30, 2022 117.45 Mn
Jun 30, 2022 116.92 Mn
Mar 31, 2022 116.77 Mn
Dec 31, 2021 116.74 Mn
Sep 30, 2021 116.73 Mn