tigo energy designs the #1 pv solar panel technology utilizing patented impedance matching technology to allow more modules on any roof, uneven string lengths and different orientations, enhanced safety, reliability, and monitoring, and the most cost-effective solution in the market. installers and system owners achieve the highest roi by increasing energy production and maximum system up-time for new systems and retrofits. headquartered in silicon valley, tigo energy is an innovative force partnering with module, inverter and combiner box manufacturers to embed these technologies and monitor arcing, fire and safety hazards. tigo energy delivers the most effective string monitoring, theft prevention and fleet management.
Company profile
Ticker
TYGO
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Roth CH Acquisition IV Co.
SEC CIK
Corporate docs
Subsidiaries
Tigo Energy • Tigo Energy Israel Ltd • Tigo Energy Italy SRL • Tigo Energy Australia Pty Ltd • Foresight Energy Ltd ...
TYGO stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
19 Apr 24
ARS
2023 FY
Annual report to shareholders
5 Apr 24
DEFA14A
Additional proxy soliciting materials
5 Apr 24
DEF 14A
Definitive proxy
5 Apr 24
424B3
Prospectus supplement
21 Mar 24
10-K
2023 FY
Annual report
21 Mar 24
8-K
Tigo Energy Reports Fourth Quarter and Full Year 2023 Financial Results
13 Feb 24
8-K
Other Events
8 Feb 24
8-K
Results of Operations and Financial Condition
17 Jan 24
8-K
Tigo Energy Appoints Sagit Manor to Board of Directors
19 Dec 23
Transcripts
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.24 mm | 2.24 mm | 2.24 mm | 2.24 mm | 2.24 mm | 2.24 mm |
Cash burn (monthly) | 3.16 mm | 3.44 mm | (no burn) | (no burn) | 8.15 mm | 2.72 mm |
Cash used (since last report) | 22.31 mm | 24.29 mm | n/a | n/a | 57.49 mm | 19.17 mm |
Cash remaining | -20.07 mm | -22.05 mm | n/a | n/a | -55.25 mm | -16.93 mm |
Runway (months of cash) | -6.3 | -6.4 | n/a | n/a | -6.8 | -6.2 |
Institutional ownership, Q2 2023
72.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 23 |
Opened positions | 23 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 6.19 bn |
Total shares | 43.96 mm |
Total puts | 0.00 |
Total calls | 50.00 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Energy Growth Momentum GP II | 14.35 mm | $0.00 |
Zvi Alon | 12.69 mm | $0.00 |
Generation Investment Management | 8.04 mm | $0.00 |
L1 Energy Capital Management Sarl | 5.45 mm | $0.00 |
D. E. Shaw & Co. | 2.05 mm | $3.76 bn |
Exos TFP | 220.48 k | $410.08 mm |
1492 Capital Management | 212.28 k | $388.48 mm |
Q Global Advisors | 185.89 k | $346.00 k |
Calamos Advisors | 125.00 k | $228.75 mm |
MMCAP International Inc. SPC | 100.00 k | $186.00 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Mar 24 | Zvi Alon | Common Stock | Option exercise | Acquire M | No | No | 0.2571 | 300,000 | 77.13 k | 532,773 |
13 Mar 24 | Zvi Alon | Stock Option Common Stock | Option exercise | Dispose M | No | No | 0.2571 | 300,000 | 77.13 k | 0 |
11 Mar 24 | Bill Roeschlein | Common Stock | Sell | Dispose S | No | No | 1.2333 | 13,263 | 16.36 k | 108,221 |
11 Mar 24 | Zvi Alon | Common Stock | Sell | Dispose S | No | No | 1.2333 | 24,287 | 29.95 k | 232,773 |
11 Mar 24 | Jing Tian | Common Stock | Sell | Dispose S | No | No | 1.2333 | 6,235 | 7.69 k | 128,586 |
11 Mar 24 | Jeffrey Stuart Sullivan | Common Stock | Sell | Dispose S | No | No | 1.2333 | 4,977 | 6.14 k | 68,569 |
8 Mar 24 | Bill Roeschlein | Common Stock | Sell | Dispose S | No | No | 1.261 | 9,875 | 12.45 k | 121,484 |
8 Mar 24 | Zvi Alon | Common Stock | Sell | Dispose S | No | No | 1.261 | 18,083 | 22.80 k | 257,060 |
8 Mar 24 | Jing Tian | Common Stock | Sell | Dispose S | No | No | 1.261 | 4,642 | 5.85 k | 134,821 |
8 Mar 24 | Jeffrey Stuart Sullivan | Common Stock | Sell | Dispose S | No | No | 1.261 | 3,706 | 4.67 k | 73,546 |
News
12 Industrials Stocks Moving In Tuesday's After-Market Session
9 Apr 24
12 Industrials Stocks Moving In Wednesday's After-Market Session
13 Mar 24
HC Wainwright & Co. Initiates Coverage On Tigo Energy with Buy Rating, Announces Price Target of $5
27 Feb 24
12 Industrials Stocks Moving In Thursday's Intraday Session
22 Feb 24
12 Industrials Stocks Moving In Tuesday's After-Market Session
20 Feb 24