Tigo Energy Inc.

Tigo Energy Inc.

TYGO · NASDAQ · Technology / Solar

0.6013USD-0.03 (-5.49%)

Price History

Full chart

Market Stats

Previous Close0.6362
Open0.6264
Day Range0.5901 – 0.6264
52-Week Range0.8101 – 5.33
Volume1.32M
Market Cap62.95M
P/E (TTM)5.47
Forward P/E85.47
EPS0.15
Dividend Yield0.00%
Beta1.27
50-Day Avg1.24
200-Day Avg2.72

About

Tigo Energy, Inc., together with its subsidiaries, provides solar and energy storage solutions worldwide. It offers module level power electronics (MLPEs) to maximize the energy output of individual solar modules for utility, commercial, and residential solar arrays. The company also provides GO Energy Storage Systems that provide solar energy storage management capabilities, and energy resilience in the event of a grid outage and optimizes energy consumption based on rate plans for home energy needs; and Energy Intelligence (EI) platform, which provides monitoring and energy demand forecasting capabilities, as well as Predict+, an energy consumption and demand forecasting software. In addition, it offers GO Battery modular, scalable energy storage system; GO Inverter, which offers energy conversion for home consumption or export to the grid; GO Link/Automatic Transfer Switch (ATS), a component for battery backup of on-grid systems; Tigo Predict+ for energy demand forecasting; and GO Electric Vehicle (EV) Charger to reduce transportation costs. Further, it provides monitoring services. The company offers its products through distributors and solar installers. Tigo Energy, Inc. was founded in 2007 and is headquartered in Los Gatos, California.

Company Details

  • SectorTechnology
  • IndustrySolar
  • CEOMr. Zvi Alon
  • Employees138
  • Headquarters983 University Avenue, Los Gatos, CA, United States, 95032, USA
  • Websitehttps://www.tigoenergy.com

Leadership

  • Mr. Zvi AlonChairman & CEO · b. 1953
  • Mr. Bill RoeschleinChief Financial Officer · b. 1970
  • Mr. James DillonChief Marketing & Customer Experience Officer · b. 1973
  • Ms. Anita ChangChief Operating Officer · b. 1974
  • Ms. Jing TianChief Growth & Revenue Officer · b. 1965
  • Mr. Mirko BindiSenior VP of Sales for EMEA & MD of Europe
  • Luca ResselBusiness Development Manager of Italy

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-33.29M43.64M81.32M145.23M54.01M103.54M
Growth (%)--+31.10%+86.34%+78.59%-62.81%+91.68%
Cost of Revenue-22.75M31.00M56.55M93.92M58.17M59.19M
Gross Profit-10.54M12.64M24.77M51.31M-4.16M44.35M
Gross Margin-31.66%28.96%30.46%35.33%-7.69%42.84%
Operating Expense-11.25M16.35M25.67M59.58M47.84M48.85M
Operating Income-1.23K-716.00K-3.71M-896.00K-8.28M-52.00M-4.50M
Operating Margin--2.15%-8.51%-1.10%-5.70%-96.27%-4.35%
EBITDA-1.23K-91.00K-1.74M-4.91M8.38M-50.00M11.00M
EBITDA Margin--0.27%-3.98%-6.04%5.77%-92.58%10.62%
Net Income-1.23K-6.20M-4.86M-7.04M-984.00K-62.75M-1.88M
Net Income Margin--18.62%-11.14%-8.65%-0.68%-116.17%-1.82%
R&D-4.06M5.76M5.68M9.50M9.86M9.24M
R&D as % of Total Revenue-12.21%13.21%6.99%6.54%18.25%8.93%
Interest Expense-5.53M2.51M1.49M8.12M11.42M11.01M
Interest Expense % of Total Revenue-16.61%5.74%1.84%5.59%21.14%10.63%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets25.00K16.09M23.96M88.08M127.78M72.91M78.04M
Total Liabilities1.23K36.92M73.85M143.77M64.95M64.53M50.41M
Total Equity23.77K-20.83M-49.90M-55.69M62.82M8.38M27.62M
Cash25.00K4.24M6.18M36.19M4.41M11.75M7.67M
Total Debt-20.90M9.41M21.98M34.15M42.12M2.67M
Net Debt-25.00K16.67M3.23M-14.21M29.75M30.38M-5.00M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow--1.74K-4.99M-16.47M-37.22M-12.35M10.30M
Investing Cash Flow--273.00K-323.00K-1.60M-30.91M19.76M22.62M
Financing Cash Flow25.00K-4697.30M48.32M34.82M-61.00K-36.99M
Capital Expenditure0273.00K323.00K1.15M2.56M1.29M642.00K
Free Cash Flow--274.74K-5.31M-17.62M-39.79M-13.64M9.66M
Dividends Paid--000--
FCF to OCF-15789.66%106.47%106.96%106.89%110.41%93.77%
Dividend Paid to FCF--0.00%0.00%0.00%--

Earnings

Report DateSep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022May 10, 2023Aug 8, 2023Nov 7, 2023Feb 13, 2024May 14, 2024Aug 6, 2024Nov 6, 2024Feb 11, 2025May 6, 2025Jul 29, 2025Oct 28, 2025Feb 24, 2026May 5, 2026Aug 4, 2026Oct 27, 2026
EPS Estimate-------0.20-0.13-0.20-0.19-0.13-0.16-0.16-0.11-0.08-0.05-0.04-0.040.01-0.04
EPS Actual-0.01-0.02-0.01-0.000.01-0.02-0.070.08-0.13-0.25-0.19-0.19-0.22-0.44-0.11-0.07-0.03-0.04-0.020.05-
Surprise--------60.00%0.00%-25.00%0.00%-46.15%-37.50%-175.00%0.00%12.50%40.00%-3.75%50.00%400.00%-
Timing------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap62.95M
Enterprise Value57.90M
Trailing P/E5.47
Forward P/E85.47
Price / Sales0.57
Price / Book1.53
EPS0.15
Book Value0.538
Revenue (TTM)111.25M
Gross Profit (TTM)47.20M
EBITDA-1.80M
Profit Margin8.97%
Operating Margin-6.61%
Return on Equity43.06%
Return on Assets-2.45%
Shares Outstanding76.77M
Shares Float36.49M
Beta1.27
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 4 analystsTarget 2.83
  • Strong Buy
    2
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
30.78%
Insiders
47.37%
Retail / Other
21.85%

Top Institutional Holders

  • Awm Investment Company Inc
    2.15M2.80%
  • Vanguard Capital Management, LLC
    2.04M2.65%
  • AIGH Capital Management, LLC
    1.99M2.59%
  • Renaissance Technologies Corp
    1.30M1.69%
  • Walleye Trading Advisors, LLC
    651.16K0.85%
  • Acadian Asset Management LLC
    625.89K0.82%
  • Bank of America Corp
    471.04K0.61%
  • Geode Capital Management, LLC
    372.68K0.49%
  • Millennium Management LLC
    340.09K0.44%
  • The Goldman Sachs Group Inc
    327.13K0.43%
  • Man Group PLC
    311.66K0.41%
  • Two Sigma Investments LLC
    286.41K0.37%
  • Panagora Asset Management Inc
    270.78K0.35%
  • Marshall Wace Asset Management Ltd
    269.42K0.35%

Top Fund Holders

  • Invesco WilderHill Clean Energy ETF
    2.80M3.65%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.81M2.35%
  • iShares Russell 2000 ETF
    930.04K1.21%
  • Stt Strt® SPDR® S&P KenshoClnPwrETF
    466.29K0.61%
  • Fidelity Small Cap Index
    424.98K0.55%
  • iShares Russell 2000 Growth ETF
    366.83K0.48%