Tigo Energy
Financials
Estimates*
| USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Revenues | 43.6m | 81.3m | 145m | 56.6m | 105m | 165m |
| % growth | - | 86 % | 79 % | (61 %) | 85 % | 58 % |
| EBITDA | (3.3m) | (<1m) | (4.8m) | (24.2m) | (12.6m) | 5.7m |
| % EBITDA margin | (8 %) | - | (3 %) | (43 %) | (12 %) | 3 % |
| Profit | (4.9m) | (7.0m) | (<1m) | (42.4m) | (31.7m) | (10.8m) |
| % profit margin | (11 %) | (9 %) | (1 %) | (75 %) | (30 %) | (7 %) |
| EV / revenue | - | 1.9x | 0.8x | 1.3x | 0.7x | 0.5x |
| EV / EBITDA | - | -546.2x | -25.5x | -3.1x | -5.9x | 13.1x |
| R&D budget | 5.8m | 5.7m | 9.5m | - | - | - |
| R&D % of revenue | 13 % | 7 % | 7 % | - | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | $13.1m | Debt | |
| N/A | $6.5m | Early VC | |
| N/A | $1.9m | Debt | |
| N/A | $8.0m | Early VC | |
| N/A | $3.5m | Early VC | |
| N/A | $1.5m | Debt | |
$24.1m | Late VC | ||
$20.0m Valuation: $121m | Late VC | ||
* | N/A | $45.0m | Late VC |
* | $117m | IPO | |
| Total Funding | €126m | ||
Recent News about Tigo Energy
EditTigo Energy operates in the renewable energy sector, specializing in Module Level Power Electronics (MLPE) solutions that optimize the performance of solar energy systems. The company serves residential, commercial, and industrial clients who seek to maximize the efficiency and safety of their solar installations. Tigo Energy's core products include the TS4 Flex MLPE and Energy Intelligence (EI) software, which provide real-time monitoring, advanced analytics, and enhanced safety features. The business model revolves around selling these hardware and software solutions, generating revenue through direct sales and long-term service contracts. By improving energy output, increasing system visibility, and enhancing security, Tigo Energy helps clients achieve greater returns on their solar investments.
Keywords: MLPE, solar energy, TS4 Flex, Energy Intelligence, real-time monitoring, advanced analytics, enhanced safety, renewable energy, residential solar, commercial solar.
