Name: FTCI Balance Sheet - Ftc Solar Assets & Debt | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Total Assets, Current Assets, Cash and Equivalents, Total Liabilities, Long-term Debt, Short-term Debt, Shareholders Equity, Working Capital, Book Value Per Share

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FTCI - Ftc Solar, Inc.

USD | NASDAQ | Technology

FTCI Balance Sheet - Ftc Solar Assets & Debt | Ledgeburg

(in millions of USD)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q4 FY 19	Q4 FY 18
Cash And Short Term Investments
Cash And Equivalents	5.6	21.1	24.4	3.5	5.9	11.2	8.3	10.8	14.0	25.2	31.5	33.8	41.5	44.4	49.8

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD)	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Cash And Short Term Investments
Cash And Equivalents	21.1	11.2	25.2	44.4	-	-	7.2	-
Restricted Cash	-	-	-	-	-	-	-	-
Short Term Investments	-	-	-	-	-	-	-	-
Cash And Short Term Investments	21.1	11.2	25.2	44.4	-	-	7.2	-
Receivables
Accounts Receivable	55.7	39.7	65.3	49.1	-	-	-	-
Current Assets
Inventory	9.6	10.1	3.9	14.9	-	-	-	-
Prepaid Expenses	11.3	15.0	14.1	10.3	-	-
Non-Current Assets
Property, Plant & Equipment Gross	7.8	5.0	3.4	2.5	-	-	-	-
Accumulated Depreciation	4.0	2.7	1.6	0.8	-
Current Liabilities
Accounts Payable	13.2	13.0	8.0	15.8	-	-	-	-
Short Term Debt	12.7	0.0	-	0.0	-	-
Non-Current Liabilities
Long Term Debt	9.9	9.5	0.0	-	-	-	-	-
Operating Lease Liabilities Non-Current	0.6	0.4	1.1	0.8	-
Common Equity
Common Stock	0.0	0.0	0.0	0.0	-	-	-	-
Additional Paid In Capital	384.6	367.3	361.9	315.3	-
Supplementary Data
Total Debt	22.6	9.5	0.0	0.0	-	-	-	-
Net debt	1.5	(1.8)	(25.2)	(44.4)	-	-

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Receivables
Accounts Receivable	56.4	55.7	49.2	45.6	44.2	39.7	37.3	41.5	66.4	65.3	71.4	69.7	61.3	49.1	52.9	76.0	132.2	-	53.7	47.0	43.9	-	-	-	-	-

Current Assets
Inventory	9.4	9.6	7.7	7.3	6.8	10.1	15.1	17.1	3.8	3.9	4.7	6.0	8.6	14.9	17.3	13.7	8.9	-	11.3	7.8	4.3	-	-	-	-	-
Prepaid Expenses	12.4	11.3	15.4	13.8	14.1	15.0	15.5	15.0	14.1	14.1	13.5	10.3	9.5	10.3	12.5	13.7	13.8	-
Other Current Assets	2.9	3.1	3.5	3.7	3.6	4.0	4.1	4.2	4.8	5.5	4.7	1.2	1.1	1.4	1.3	1.2	1.1
Assets Held For Sale	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Assets	83.8	97.8	96.6	70.3	71.1	76.1	76.2	84.3	100.2	108.5	121.0	119.9	120.9	118.7	132.5	169.4

Non-Current Assets
Property, Plant & Equipment Gross	8.1	7.8	5.9	5.3	5.0	5.0	4.8	4.6	5.0	3.4	3.1	2.7	2.6	2.5	2.4	1.9	1.9	-	-	-	-	-	-	-	-	-
Accumulated Depreciation	4.4	4.0	3.6	3.3	3.0	2.7	2.4	2.2	2.7	1.6	1.4	1.2	1.0	0.8	0.6	0.5	0.4
Property,Plant & Equipment Net	3.7	3.8	2.2	1.9	2.0	2.2	2.4	2.4	2.2	1.8	1.7	1.5	1.6	1.7	1.7	1.4	1.6
Long Term Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity Method Investments	-	-	2.3	0.4	0.8	1.0	1.3	1.5	1.0	0.2	0.6	0.9	0.9	0.0	-	-	-
Goodwill	7.5	7.4	7.3	7.3	7.2	7.1	7.4	7.2	7.2	7.5	7.1	7.2	7.4	7.5	7.3	7.5	-	-
Intangible Assets	-	-	-	-	-	-	0.1	0.3	0.4	0.5	0.7	0.8	1.0	1.1	1.2	1.4	-	-
Operating Lease Right Of Use Assets	0.9	1.0	1.0	0.9	1.0	1.1	1.7	1.9	1.6	1.8	2.0	2.2	2.4	1.2	1.4	1.5
Deferred Tax Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Current Assets	1.9	1.8	2.1	2.1	2.0	2.3	2.5	2.7	2.5	2.8	3.2	5.0	4.7	4.2	4.3	4.3	3.9
Total Non-Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	97.8	111.8	111.5	83.0	84.1	89.9	91.7	100.4	115.0	123.1	136.3	137.4	139.0	134.4	148.5	185.5	211.4

Current Liabilities
Accounts Payable	11.6	13.2	16.3	17.9	14.6	13.0	18.7	17.6	12.1	8.0	9.8	27.0	23.7	15.8	26.9	34.9	46.1	-	16.6	27.6	30.1	-	-	-	-	-
Short Term Debt	9.7	12.7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Revenue Current	4.8	7.2	4.4	1.5	2.2	5.3	4.4	2.6	4.9	3.6	11.2	2.5	8.6	11.3	4.9	6.9	3.1
Operating Lease Liabilities Current	0.4	0.4	0.4	0.5	0.6	0.8	0.9	0.9	0.7	0.7	0.7	0.8	0.8	0.4	0.4	0.4
Accrued Expenses	26.4	23.8	26.9	30.4	23.2	20.1	24.0	22.8	29.7	34.8	25.8	12.2	20.5	23.9	19.6	29.9	30.6	-
Other Current Liabilities	10.4	10.7	10.1	10.5	10.4	10.3	9.9	8.2	7.9	8.1	8.6	8.8	9.6	8.9	9.6	7.1	4.5
Total Current Liabilities	63.4	68.2	58.1	60.6	50.9	49.1	57.3	51.3	54.5	54.7	55.6	50.9	63.0	60.3	61.5

Non-Current Liabilities
Long Term Debt	12.9	9.9	16.6	10.9	10.2	9.5	-	-	-	-	-	-	-	-	-	-	-	-	0.0	0.0	0.0	-	-	-	-	-
Operating Lease Liabilities Non-Current	0.4	0.6	0.6	0.4	0.3	0.4	0.9	1.1	0.9	1.1	1.3	1.5	1.7	0.8	1.0	1.1
Deferred Revenue Non-Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Tax Liabilities	0.2	0.0	-	-	-	-	-	-	-	-	-	-	-	-	0.0	0.4	-
Pension Obligations	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Current Liabilities	1.3	1.6	1.8	1.9	2.2	2.4	3.1	3.7	4.4	4.8	5.3	5.6	6.1	6.8	4.5	5.2
Total Non-Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities	104.0	154.8	125.3	73.9	68.5	70.9	61.3	56.1	59.9	60.6	62.2	58.0	70.8	67.9	67.0	85.5

Common Equity
Common Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-	0.0	0.0	0.0	-	-	-	-	-
Additional Paid In Capital	388.8	384.6	377.6	376.5	367.6	367.3	366.1	364.8	363.5	361.9	362.5	350.9	328.9	315.3	310.2	302.6	297.1
Retained Earnings	(394.7)	(427.3)	(390.9)	(367.0)	(351.6)	(347.7)	(335.5)	(320.1)	(307.9)	(299.1)	(288.0)	(271.0)	(260.6)	(248.8)	(228.3)	(202.7)	(177.0)
Accumulated Other Comprehensive Income	(0.2)	(0.3)	(0.4)	(0.4)	(0.5)	(0.5)	(0.2)	(0.4)	(0.5)	(0.3)	(0.5)	(0.5)	(0.1)	(0.1)	(0.4)
Treasury Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Stockholders Equity	(6.1)	(43.0)	(13.7)	9.0	15.5	19.0	30.4	44.2	55.2	62.5	74.1	79.4	68.2	66.5	81.5	100.0	120.2
Total Equity	(6.1)	(43.0)	(13.7)	9.0	15.5	19.0	30.4	44.2	55.2	62.5	74.1	79.4	68.2	66.5	81.5	100.0	120.2	-

Supplementary Data
Total Debt	22.6	22.6	16.6	10.9	10.2	9.5	-	-	-	-	-	-	-	-	-	-	-	-	0.0	0.0	0.0	-	-	-	-	-
Net debt	17.0	1.5	(7.7)	7.4	4.3	(1.8)	-	-	-	-	-	-	-	-	-	-	-	-	(140.7)
Working Capital	20.4	29.5	38.5	9.7	20.2	27.1	18.9	33.0	45.7	53.8	65.4	68.9	57.9	58.4	71.0	90.5	119.8	-
Book Value	(6.1)	(43.0)	(13.7)	9.0	15.5	19.0	30.4	44.2	55.2	62.5	74.1	79.4	68.2	66.5	81.5	100.0	120.2	-
Tangible Book Value	(13.7)	(50.4)	(21.0)	1.8	8.4	11.9	22.9	36.8	47.5	54.4	66.3	71.4	59.9	57.8	73.0	91.1	-