Tigo Energy, Inc. financial data

Symbol
TYGO on Nasdaq
Industry
Semiconductors & Related Devices
Location
655 Campbell Technology Parkway, Suite 150, Campbell, California
State of incorporation
Delaware
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%