
Company Highlights - Tigo's TS4 Module-Level Power Electronics (MLPE) is designed to work with most inverters in the marketplace[12] - In 2024, 78% of Tigo's revenues came from outside the US[13] - Tigo's DC Optimizer market share grew from 9% in 2022 to 13% in 2023[14] - Tigo's GO ESS products comprised 6% of total revenues in 2024[15] - Tigo's EI Platform and AI-enabled Predict+ software solutions generate Annual Recurring Revenue (ARR) exceeding $1 million per year[15] Financial Performance - Tigo's fiscal year 2024 revenue was $54 million[18] - Tigo's Q1 2025 revenue was $18.8 million[18] - EMEA accounted for 61% of Q1 2025 revenues, Americas 25%, and Rest of World 14%[18, 86] - Tigo anticipates annual revenue between $85 million and $100 million for fiscal year 2025[74] Market Trends - The MLPE Optimizer market is expected to grow at a CAGR of 18% from 2020 to 2023 and 14% from 2024 to 2030[25]