Tigo Energy (TYGO) Income Statement: Revenue & Earnings

Tigo Energy Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Tigo Energy, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	54.01	145.23	81.32	43.64	33.29
Cost of Revenue	58.17	93.92	56.55	31.00	22.75
Gross Profit	-4.16	51.31	24.77	12.64	10.54
Operating Expenses
Research & Development	9.86	9.50	5.68	5.76	4.06
Selling, General & Administrative	37.98	50.09	19.99	10.59	7.19
Operating Expenses	47.84	59.58	25.67	16.35	11.25
Operating Income	-52.00	-8.28	-0.90	-3.71	-0.72
Other Income/Expense
Interest Income	0.87	2.32	0.20	0.00	0.00
Interest Expense	11.42	8.12	1.49	2.51	-5.53
Other Income/Expense	-10.65	-12.05	-4.78	1.56	-0.69
Income
Income Before Tax	-62.64	-0.85	-6.97	-4.66	-6.17
Income Tax Expense	0.10	0.14	0.07	0.20	0.02
Net Income	-62.75	-0.98	-7.04	-4.86	-6.20
Net Income - Continuous Operations	-62.75	-0.98	-7.04	-4.86	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-50.00	0.26	-4.91	-1.74	-0.09
EBIT	-62.64	-0.85	-5.47	-2.16	-0.72
Depreciation & Amortization	1.22	0.90	0.56	0.42	0.63
Earnings Per Share
Basic EPS	-1.00	-	-	-	-
Diluted EPS	-1.00	-	-	-	-
Basic Shares Outstanding	60.26	38.05	58.14	58.14	19.97
Diluted Shares Outstanding	60.26	43.22	58.14	58.14	60.13