Tigo Energy, Inc. financial data

Symbol
TYGO on Nasdaq
Location
655 Campbell Technology Parkway, Suite 150, Campbell, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
Roth CH Acquisition IV Co. (to 5/30/2023)
Latest financial report
10-Q - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 456 %
Quick Ratio 262 %
Debt-to-equity 103 %
Return On Equity -14.4 % -126%
Return On Assets -7.07 % +55.1%
Operating Margin -86.5 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 60.5M shares +4.01%
Common Stock, Shares, Outstanding 60.4M shares +3.83%
Entity Public Float 282M USD +147%
Common Stock, Value, Issued 6K USD 0%
Weighted Average Number of Shares Outstanding, Basic 60.4M shares +118%
Weighted Average Number of Shares Outstanding, Diluted 60.4M shares +118%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 48.9M USD -81.5%
Revenue from Contract with Customer, Excluding Assessed Tax 48.9B USD -81.5%
Cost of Revenue 35.2M USD -79.4%
Research and Development Expense 10M USD +11.6%
Selling and Marketing Expense 20M USD -21.5%
General and Administrative Expense 25.9M USD -42.9%
Operating Income (Loss) -42.3M USD -379%
Nonoperating Income (Expense) 44.8M USD +93.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -11.3M USD +65.9%
Income Tax Expense (Benefit) 11.1M USD
Net Income (Loss) Attributable to Parent -8.55M USD +49.1%
Earnings Per Share, Basic 0.29 USD/shares +77.4%
Earnings Per Share, Diluted 0.27 USD/shares +77.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 14.9M USD +27.4%
Marketable Securities, Current 5.21M USD -88.1%
Accounts Receivable, after Allowance for Credit Loss, Current 6.92M USD -84.9%
Inventory, Net 51.3M USD +1.33%
Assets, Current 83.1M USD -46.7%
Deferred Income Tax Assets, Net 21K USD
Property, Plant and Equipment, Net 3.19M USD +12.5%
Operating Lease, Right-of-Use Asset 2.01M USD -28.5%
Intangible Assets, Net (Excluding Goodwill) 2.06M USD -11.6%
Goodwill 12.2M USD -6.65%
Other Assets, Noncurrent 768K USD +6.37%
Assets 103M USD -47%
Accounts Payable, Current 7.09M USD -86.9%
Liabilities, Current 15.5M USD -76.7%
Operating Lease, Liability, Noncurrent 1.13M USD -37.2%
Other Liabilities, Noncurrent 714K USD
Liabilities 58.6M USD -64.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -23K USD +87.3%
Retained Earnings (Accumulated Deficit) -98.6M USD -9.49%
Stockholders' Equity Attributable to Parent 44.7M USD +47%
Liabilities and Equity 103M USD -47%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -11.3M USD -121%
Net Cash Provided by (Used in) Financing Activities 250K USD -99.1%
Net Cash Provided by (Used in) Investing Activities 15.6M USD
Common Stock, Shares Authorized 150M shares 0%
Common Stock, Shares, Issued 60.4M shares +3.83%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 4.62M USD -64.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 15.1M USD +29.2%
Deferred Tax Assets, Valuation Allowance 24.3K USD +7.4%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 29.3K USD +27.6%
Operating Lease, Liability 2.07M USD -29.6%
Depreciation 1M USD +50%
Payments to Acquire Property, Plant, and Equipment 367K USD +91.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -8.39M USD +49.5%
Lessee, Operating Lease, Liability, to be Paid 2.22M USD -30.6%
Property, Plant and Equipment, Gross 7.49M USD +16.2%
Operating Lease, Liability, Current 936K USD -17.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 450K USD -8.54%
Lessee, Operating Lease, Liability, to be Paid, Year One 611K USD -51%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 150K USD -42.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 343K USD -3.38%
Deferred Tax Assets, Operating Loss Carryforwards 20K USD +15%
Preferred Stock, Shares Issued 0 shares -100%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 1.38M USD +45.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 133K USD -61%
Additional Paid in Capital 143M USD +18.8%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 100K USD 0%
Depreciation, Depletion and Amortization 310K USD +28.1%
Interest Expense 11.4M USD +80.3%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%