Tigo Financial Statements From 2010 to 2024

TYGO Stock   0.85  0.05  5.56%   
Tigo Energy financial statements provide useful quarterly and yearly information to potential Tigo Energy investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Tigo Energy financial statements helps investors assess Tigo Energy's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Tigo Energy's valuation are summarized below:
Gross Profit
24.8 M
Profit Margin
(1.10)
Market Capitalization
54.6 M
Enterprise Value Revenue
1.6372
Revenue
46 M
We have found one hundred twenty available fundamental trend indicators for Tigo Energy, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Tigo Energy's current fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road.

Tigo Energy Total Revenue

83.46 Million

Check Tigo Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tigo Energy's main balance sheet or income statement drivers, such as Other Operating Expenses of 161.2 M, Ebitda of 8.8 M or Total Operating Expenses of 62.6 M, as well as many indicators such as Price To Sales Ratio of 0.52, Dividend Yield of 0.0 or PTB Ratio of 1.2. Tigo financial statements analysis is a perfect complement when working with Tigo Energy Valuation or Volatility modules.
  
Check out the analysis of Tigo Energy Correlation against competitors.
To learn how to invest in Tigo Stock, please use our How to Invest in Tigo Energy guide.

Tigo Energy Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets134.2 M127.8 M25 M
Slightly volatile
Total Current Liabilities19.4 M26.4 M7.2 M
Slightly volatile
Cash4.2 M4.4 M3.4 M
Slightly volatile
Cash And Short Term Investments16.2 M31.2 MM
Slightly volatile
Common Stock Shares Outstanding45.4 M43.2 M18.1 M
Slightly volatile
Liabilities And Stockholders Equity134.2 M127.8 M25 M
Slightly volatile
Total Liabilities62.2 M65 M23 M
Slightly volatile
Total Current Assets109.9 M104.7 M21.5 M
Slightly volatile
Common Stock6.3 KK1.3 K
Slightly volatile
Short and Long Term Debt Total23.8 M34.2 M21.3 M
Pretty Stable
Property Plant And Equipment Net6.3 MM1.8 M
Slightly volatile
Accounts Payable16.2 M15.7 M10.1 M
Slightly volatile
Non Current Assets Total24.2 M23.1 M3.4 M
Slightly volatile
Net Receivables8.5 M6.9 M5.6 M
Slightly volatile
Non Current Liabilities Total56.4 M38.5 M24.6 M
Slightly volatile
Inventory64.5 M61.4 M14.1 M
Slightly volatile
Other Current Assets5.1 M5.2 MM
Slightly volatile
Short Term Debt2.3 M2.4 M11.1 M
Slightly volatile
Other Assets99 K94.3 K19.2 K
Slightly volatile
Long Term Debt16 M31.6 MM
Slightly volatile
Property Plant And Equipment GrossM9.8 M4.2 M
Slightly volatile
Short and Long Term Debt9.9 M11.5 M8.5 M
Slightly volatile
Capital Stock3.7 KK2.4 K
Slightly volatile
Non Current Liabilities Other4.5 M5.1 M3.5 M
Slightly volatile
Net Working Capital45.7 M78.3 M12 M
Slightly volatile
Intangible Assets2.3 M2.2 M342.2 K
Slightly volatile
Other Liabilities3.3 M3.7 MM
Slightly volatile
Property Plant Equipment2.3 M2.6 M2.8 M
Slightly volatile

Tigo Energy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses161.2 M153.5 M29.6 M
Slightly volatile
Total Operating Expenses62.6 M59.6 M10.9 M
Slightly volatile
Depreciation And Amortization745.8 K1.1 M647.2 K
Slightly volatile
Selling General Administrative30.2 M28.8 M6.8 M
Slightly volatile
Selling And Marketing Expenses12.2 M21.3 M6.7 M
Slightly volatile
Total Revenue83.5 M145.2 M48 M
Slightly volatile
Gross Profit27.3 M51.3 M15.5 M
Slightly volatile
Research Development6.9 M9.5 M4.8 M
Slightly volatile
Cost Of Revenue56.2 M93.9 M32.5 M
Slightly volatile
Income Tax Expense118.8 K138 K52.1 K
Slightly volatile
Tax Provision98.9 K100 K178 K
Slightly volatile
Interest Expense4.4 M8.1 M2.9 M
Slightly volatile
Reconciled Depreciation718.3 K978 K485.8 K
Slightly volatile
Interest Income1.4 M2.3 M419.7 K
Slightly volatile

Tigo Energy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
End Period Cash Flow4.2 M4.4 M3.6 M
Slightly volatile
Net Borrowings8.7 M9.8 M10.6 M
Slightly volatile
Stock Based CompensationM3.8 M663.6 K
Slightly volatile
Begin Period Cash Flow39.6 M37.7 MM
Slightly volatile
Depreciation745.8 K1.1 M647.2 K
Slightly volatile
Change To Netincome5.7 M6.4 M6.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.520.54753.5529
Slightly volatile
Days Sales Outstanding16.3817.245645.0949
Slightly volatile
Stock Based Compensation To Revenue0.02750.02620.0068
Slightly volatile
Capex To Depreciation2.432.31830.8243
Slightly volatile
EV To Sales0.710.75244.0325
Slightly volatile
Inventory Turnover1.451.52974.2269
Slightly volatile
Days Of Inventory On Hand251239105
Slightly volatile
Payables Turnover6.295.98813.3241
Slightly volatile
Sales General And Administrative To Revenue0.210.19840.0997
Slightly volatile
Research And Ddevelopement To Revenue0.110.06540.1147
Slightly volatile
Capex To Revenue0.00940.01770.0093
Slightly volatile
Cash Per Share1.370.82030.6634
Slightly volatile
Days Payables Outstanding57.9160.9538118
Slightly volatile
Income Quality39.7237.82726.0436
Slightly volatile
Intangibles To Total Assets0.120.11270.0172
Slightly volatile
Current Ratio3.773.963415.3815
Slightly volatile
Receivables Turnover22.2221.16489.444
Slightly volatile
Graham Number0.930.98021.7278
Slightly volatile
Capex Per Share0.06790.06740.0394
Slightly volatile
Revenue Per Share5.13.8173.5333
Slightly volatile
Interest Debt Per Share1.551.07431.5604
Pretty Stable
Debt To Assets0.240.2564659
Slightly volatile
Operating Cycle152256142
Slightly volatile
Days Of Payables Outstanding57.9160.9538118
Slightly volatile
Ebt Per Ebit0.09710.10221.3512
Pretty Stable
Net Income Per E B T0.861.16311.0365
Pretty Stable
Cash Ratio0.160.166714.7547
Slightly volatile
Days Of Inventory Outstanding251239105
Slightly volatile
Days Of Sales Outstanding16.3817.245645.0949
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.021.0689116
Slightly volatile
Fixed Asset Turnover37.0724.363933.0459
Very volatile
Debt Ratio0.240.2564659
Slightly volatile
Price Sales Ratio0.520.54753.5529
Slightly volatile
Asset Turnover1.081.1366K
Slightly volatile
Gross Profit Margin0.260.35330.3126
Pretty Stable

Tigo Energy Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap52 M79.5 M52.4 M
Slightly volatile
Enterprise Value58.2 M109.3 M42.5 M
Slightly volatile

Tigo Fundamental Market Drivers

Cash And Short Term Investments31.2 M

Tigo Upcoming Events

13th of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View
13th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Tigo Energy Financial Statements

Tigo Energy investors utilize fundamental indicators, such as revenue or net income, to predict how Tigo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue335 K351.8 K
Total Revenue145.2 M83.5 M
Cost Of Revenue93.9 M56.2 M
Stock Based Compensation To Revenue 0.03  0.03 
Sales General And Administrative To Revenue 0.20  0.21 
Research And Ddevelopement To Revenue 0.07  0.11 
Capex To Revenue 0.02  0.01 
Revenue Per Share 3.82  5.10 
Ebit Per Revenue(0.06)(0.06)

Pair Trading with Tigo Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tigo Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tigo Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tigo Stock

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Moving against Tigo Stock

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The ability to find closely correlated positions to Tigo Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tigo Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tigo Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tigo Energy to buy it.
The correlation of Tigo Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tigo Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tigo Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tigo Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Tigo Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tigo Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tigo Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tigo Energy Stock:
Check out the analysis of Tigo Energy Correlation against competitors.
To learn how to invest in Tigo Stock, please use our How to Invest in Tigo Energy guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tigo Energy. If investors know Tigo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tigo Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.87)
Revenue Per Share
0.768
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.21)
Return On Equity
(0.93)
The market value of Tigo Energy is measured differently than its book value, which is the value of Tigo that is recorded on the company's balance sheet. Investors also form their own opinion of Tigo Energy's value that differs from its market value or its book value, called intrinsic value, which is Tigo Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tigo Energy's market value can be influenced by many factors that don't directly affect Tigo Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tigo Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tigo Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tigo Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.