Company FTC Solar, Inc.

Equities

FTCI

US30320C1036

Electrical Components & Equipment

Real-time Estimate Cboe BZX 15:44:34 29/04/2024 BST 5-day change 1st Jan Change
0.447 USD +4.22% Intraday chart for FTC Solar, Inc. +8.28% -38.64%

Business Summary

FTC Solar, Inc. is a provider of solar tracker systems, technology, software, and engineering services. It offers trackers and software solutions targeting the utility-scale solar energy markets to customers in the United States, Asia, Europe, the Middle East, North Africa, South Africa and Australia. It is engaged in the sale of solar tracker systems and customized components for those systems, individual part sales for certain specific transactions and the sale of term-based software licenses. Its tracker system is marketed under the Voyager brand name (Voyager), which is built upon a self-powered, two-panel in- portrait (2P) single-axis tracker design utilizing a 60-meter independent row architecture. In addition, its Pioneer 1P solar tracker solution leverages the technological advantages of Voyager. It also offers shipping and handling services, engineering consulting and pile testing services, subscription-based enterprise licensing and maintenance and support services.

Number of employees: 213

Sales per Business

USD in Million2022Weight2023Weight Delta
Solar Tracker Systems
80.2 %
64 51.8 % 102 80.2 % +59.77%
Service
19.8 %
59 48.2 % 25 19.8 % -57.63%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
94.5 %
98 79.6 % 120 94.5 % +22.44%
Australia
5.5 %
25 20.2 % 7 5.5 % -71.83%
All Other
0.0 %
0 0.2 % 0 0.0 % -91.19%

Managers

Managers TitleAgeSince
Founder 55 31/12/16
Director of Finance/CFO 61 -
Chief Operating Officer 60 -
Chief Tech/Sci/R&D Officer 64 31/12/17
Investor Relations Contact - 31/10/20
General Counsel - -
Human Resources Officer - -
Sales & Marketing 47 30/06/20
Corporate Officer/Principal 40 30/06/19

Members of the board

Members of the board TitleAgeSince
Founder 56 31/12/16
Chairman 64 31/12/16
Director/Board Member 63 31/10/20
Founder 55 31/12/16
Director/Board Member 55 31/03/21
Director/Board Member 36 31/03/20
Director/Board Member - 18/01/23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 136,376,210 77,580,021 ( 56.89 %) 10,762,566 ( 7.892 %) 56.89 %

Shareholders

NameEquities%Valuation
14,867,592 11.89 % 8 M $
South Lake One LLC
11.86 %
14,825,630 11.86 % 8 M $
Arc Family Trust
9.392 %
11,740,857 9.392 % 6 M $
9,146,033 7.316 % 5 M $
Morgan Stanley Investment Management, Inc.
4.992 %
6,240,423 4.992 % 3 M $
4,898,259 3.918 % 3 M $
BlackRock Advisors LLC
3.087 %
3,858,327 3.087 % 2 M $
3,249,278 2.599 % 2 M $
Vanguard Fiduciary Trust Co.
2.316 %
2,894,800 2.316 % 2 M $
Millennium Management LLC
2.125 %
2,656,364 2.125 % 1 M $

Company contact information

FTC Solar, Inc.

9020 North Capital Of Texas HighWay Building I

78759, Austin

+737 787 7906

http://www.ftcsolar.com
address FTC Solar, Inc.(FTCI)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
0.4289 USD
Average target price
0.9929 USD
Spread / Average Target
+131.49%
Consensus
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