Tigo Energy Reports Fourth Quarter and Full Year 2023 Financial Results
Tigo Energy, Inc. (TYGO)
Company Research
Source: Business Wire
Fourth Quarter and Full Year 2023 Revenue Totaled $9.2 Million and $145.2 Million, Respectively CAMPBELL, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. ("Tigo", or the "Company") (NASDAQ: TYGO), a leading provider of intelligent solar and energy storage solutions, today reported unaudited financial results for the fourth quarter and full year ended December 31, 2023 and financial guidance for the first quarter ending March 31, 2024.Recent Financial and Operational HighlightsRevenue for the full year 2023 of $145.2 million, up 78.6% compared to $81.3 million in the full year 2022.Gross profit for the full year 2023 of $51.3 million, or 35.3% of revenues, up 107.1% compared to $24.8 million, or 30.5% of revenues, in the full year 2022.On a GAAP basis, net loss for the full year 2023 of $1.0 million, compared to a net loss of $7.0 million in the full year 2022. On a non-GAAP basis, adjusted EBITDA for the full year 2023 of $1.0 million, compared to adjusted EBITDA of $2.5 million in the
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TYGO
News
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TYGO
Earnings
- 5/14/24 - Beat
TYGO
Sec Filings
- 5/14/24 - Form 8-K
- 5/14/24 - Form 10-Q
- 4/19/24 - Form DEFA14A
- TYGO's page on the SEC website