TYGO TIGO ENERGY, INC.

Overview and Growth

In fiscal 2025, TIGO ENERGY, INC. recorded $103.54M of revenue, net loss of $1.88M, and an operating cash inflow of $10.30M. The $103.54M revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. The top line expanded 91.7% from $54.01M in fiscal 2024, increasing the company’s operating scale. The company reported diluted EPS of -$0.03, adding a shareholder-level measure to the absolute income figures considered below. At period end, total assets were $78.04M, framing the scale of the company’s operating and financing commitments. Asset turnover was 1.33x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

The first profit layer was $44.35M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross profit represented 42.8% of revenue, showing how much of the top line remained after direct costs. Operations produced a $4.50M operating loss before non-operating and tax effects. The operating loss equaled 4.3% of revenue, showing the scale of the operating deficit relative to sales. The company ended the period with a net loss of $1.88M, extending the operating result through all remaining items. Net margin was -1.8%, reflecting a loss equal to 1.8% of reported revenue. The company reported a pretax loss of $1.28M, before the effect of income taxes. Measured against revenue, the pretax deficit represented 1.2%. The company recognized $603.00K of income tax for the period, completing the transition from pretax income to net income. The loss-to-equity relationship was 6.8%, placing the bottom-line deficit against shareholder capital. Relative to total assets, the net loss represented 2.4%.

Liquidity and Capital Structure

Total assets were $78.04M, supported by $50.41M of liabilities and $27.62M of shareholder equity. Current assets were $58.00M against $38.77M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. Current assets covered current liabilities by 1.5x, leaving a positive buffer for near-term obligations. Cash and equivalents totaled $7.67M, identifying the most liquid reported component available within the broader current-asset balance. Measured only with cash and equivalents, coverage of current liabilities was 19.8%, excluding receivables and other current assets. Total debt was $0.00, establishing the amount of borrowing carried within the company’s capital structure. Against book equity, debt measured 0.0x, placing the company’s financial leverage in clear balance-sheet terms. The debt-to-assets relationship was 0.0%, comparing borrowing with the total asset balance. Relative to total assets, liabilities measured 64.6%, complementing the separate equity-based view of the company’s capital structure. The cash-to-assets relationship was 9.8%, comparing reported cash and equivalents with the full positive asset balance. The asset base changed 7.0% from $72.91M in fiscal 2024, leaving current total assets higher year over year. Book equity was 229.4% higher than fiscal 2024 equity of $8.38M, showing how shareholder capital changed year over year. Cash and equivalents were 34.7% lower than fiscal 2024 cash of $11.75M, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $10.30M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. Capital spending was $642.00K, absorbing part of the cash generated from operations before free cash flow. Relative to operating cash flow, capital expenditures measured 6.2%, connecting investment intensity with the company’s cash-generation base. The combination of operating cash flow and capital spending produced $9.66M of positive free cash flow for the period. The free-cash-flow margin was 9.3%, measuring cash remaining after capital spending against revenue. Free cash flow equaled 12.4% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.