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Stock impact report

FTC Solar Has Almost Never Generated Profits And Is Very Leveraged [Seeking Alpha]

FTC Solar, Inc. (FTCI) 
Company Research Source: Seeking Alpha
FTCI's recent debt financing temporarily reduces going-concern risk but adds significant interest costs and strict covenants, increasing long-term financial pressure. Despite expanding its product lineup, the company struggles with low bargaining power, high customer concentration, and a challenging solar market environment. I initiate FTCI with a Hold rating, citing severe dilution risk, an unclear path to profitability, and limited liquidity. djcodrin/iStock via Getty Images FTC Solar ( NASDAQ: FTCI ) is a developer and installer of solar-tracking systems for large solar installations. The company's products help solar power plants increase the amount of energy collected from the sun. The company has been very This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my Show less Read more
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