Trade FTC Solar, Inc. - FTCI CFD

Trading Conditions
Spread0.0135
Long position overnight fee
Long position overnight fee

Margin. Your investment
US$1,000.00
Overnight fee
Charges from full value of position
-0.026179 %
(-US$1.05)

Trade size with leverage ~ US$5,000.00

Short position overnight fee ~ US$4,000.00


-0.026179%
Short position overnight fee
Short position overnight fee

Margin. Your investment
US$1,000.00
Overnight fee
Charges from full value of position
0.003957 %
(US$0.16)

Trade size with leverage ~ US$5,000.00

Short position overnight fee ~ US$4,000.00


0.003957%
Overnight fee time21:00 (UTC)
CurrencyUSD
Min traded quantity1
Margin20
Stock exchangeUnited States of America
Commission on trade10%

Information_provided_by_capital
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close0.4495
Open0.4469
1-Year Change-83.05%
Day's Range0.3946 - 0.4545

FTC Solar, Inc. Company profile

About FTC Solar Inc

FTC Solar, Inc. is a provider of solar tracker systems, technology, software, and engineering services. The Company's tracker systems markets under the brand name Voyager. Voyager is a two-panel in-portrait single-axis tracker solution that offers performance and ease of installation. The Company offers a software solution, SunPath, which uses algorithms that take into consideration topography, meteorological conditions and other local site conditions to optimize tracking and help produce additional energy yield over base-model Voyager Trackers. It also offers Atlas and SunDAT software. Atlas software solution provides project developers and solar asset owners with a solution to manage all solar energy projects on a centralized platform. SunDAT software solution enables automated design and optimization of solar panel systems across residential, commercial and utility-scale sites.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, FTC Solar Inc revenues increased 44% to $270.5M. Net loss increased from $15.9M to $106.6M. Revenues reflect Product increase of 43% to $227.4M, Service increase of 52% to $43.1M. Higher net loss reflects Stock-based Compensation in General increase from $1.4M to $48M (expense), General and administrative - Balancing increase from $10.4M to $27.9M (expense).