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FTC Solar FTCI Issuance of common stock in connection with the Spin-Off and reclassification of net parent investment

Issuance of common stock in connection with the Spin-Off and reclassification of net parent investment at other companies

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$1.82M+3.1%
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Lesaka Technologies, Inc.LSAK
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ATN InternationalATNI
$1.5K
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EVI IndustriesEVI
$29K-1.7%
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Taboola.com Ltd.TBLA
$288.06M

Other financials

Income statement

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Revenue$17.3M-17.0%
Gross profit-$1.2M+64.4%
Operating income-$12.1M-14.2%
Net income$32.6M+954%
EPS (diluted)-$0.72-24.1%

Balance sheet

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Cash & equivalents$5.6M-4.6%
Total debt$23.4M+110%
Total equity-$6.1M-140%
Total assets$97.8M+16.4%

Cash flow

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Operating cash flow-$12.8M-50.6%
CapEx$276.0K+233%
Free cash flow-$13.0M-52.3%

Valuation

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Market cap$81.31M+35.9%
Enterprise value$99.09M+45.6%
P/S0.9×-0.1×

Profitability

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Gross margin-12%-1.5pp
Operating margin-38.4%-14.1pp
Net margin-44.9%-13.5pp
FCF margin-40.6%-9.6pp

Returns & leverage

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Return on equity-175.8%-1,003pp
Debt / equity1.3×+1.3×
Current ratio1.3×-0.1×

Where this comes from

Reported directly by FTC Solar in its filing.

Tagged under the XBRL concept us-gaap:StockIssuedDuringPeriodValueNewIssues.

The official record: FTC Solar’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FTC Solar's issuance of common stock in connection with the spin-off and reclassification of net parent investment?
FTC Solar (FTCI) reported issuance of common stock in connection with the spin-off and reclassification of net parent investment of $805K in Q1 2026.