Tigo Energy, Inc. financial data

Symbol
TYGO on Nasdaq
Industry
Semiconductors & Related Devices
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 - Q3 2024 - Nov 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 467 %
Quick Ratio 283 %
Debt-to-equity 125 % -94.7%
Return On Equity -104 % -122%
Return On Assets -46.2 % -455%
Operating Margin -90.1 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 60.7M shares +3.42%
Common Stock, Shares, Outstanding 60.7M shares +3.42%
Entity Public Float 282M USD +147%
Common Stock, Value, Issued 6K USD 0%
Weighted Average Number of Shares Outstanding, Basic 60.6M shares +3.77%
Weighted Average Number of Shares Outstanding, Diluted 60.6M shares -11.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 46M USD -16.8%
Revenue from Contract with Customer, Excluding Assessed Tax 46B USD -16.8%
Cost of Revenue 34.7M USD -3.73%
Research and Development Expense 10M USD +0.33%
Selling and Marketing Expense 18.8M USD -21.8%
General and Administrative Expense 23.9M USD -26.8%
Operating Income (Loss) -41.5M USD -790%
Nonoperating Income (Expense) -9.14M USD -642%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -13.1M USD -133%
Income Tax Expense (Benefit) 125K USD
Net Income (Loss) Attributable to Parent -50.7M USD -445%
Earnings Per Share, Basic -0.43 USD/shares -144%
Earnings Per Share, Diluted 0.32 USD/shares +18.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 9.46M USD +322%
Marketable Securities, Current 10M USD -70.8%
Accounts Receivable, after Allowance for Credit Loss, Current 8.83M USD -56.6%
Inventory, Net 46.8M USD -18.5%
Assets, Current 78.7M USD -32.9%
Deferred Income Tax Assets, Net 21K USD
Property, Plant and Equipment, Net 3.04M USD +10.2%
Operating Lease, Right-of-Use Asset 1.84M USD -32.5%
Intangible Assets, Net (Excluding Goodwill) 1.99M USD -12%
Goodwill 12.2M USD -6.65%
Other Assets, Noncurrent 772K USD +6.48%
Assets 98.6M USD -31.1%
Accounts Payable, Current 11.8M USD -39.3%
Liabilities, Current 19.9M USD -34%
Operating Lease, Liability, Noncurrent 1.06M USD -36.6%
Other Liabilities, Noncurrent 714K USD
Liabilities 65.1M USD -3.29%
Accumulated Other Comprehensive Income (Loss), Net of Tax 3K USD
Retained Earnings (Accumulated Deficit) -112M USD -83.1%
Stockholders' Equity Attributable to Parent 33.5M USD -55.9%
Liabilities and Equity 98.6M USD -31.1%

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 60.7M shares +3.42%
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 9.46M USD +322%
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 1.91M USD -30.2%
Depreciation 1M USD 0%
Payments to Acquire Property, Plant, and Equipment 367K USD +91.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -50.6M USD -145%
Lessee, Operating Lease, Liability, to be Paid 2.04M USD -31.1%
Property, Plant and Equipment, Gross 7.57M USD +15.7%
Operating Lease, Liability, Current 849K USD -26.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 465K USD -15.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 736K USD -43.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 134K USD -41.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 355K USD -7.79%
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 136K USD -59.4%
Additional Paid in Capital 145M USD +5.99%
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%