A Business at a Glance
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Business Overview Ascent Solar Technologies, Inc. (“Ascent” or the "Company") is a solar technology company that manufactures and sells photovoltaic ("PV") solar modules that are flexible, durable, and possess attractive power to weight and power to area performance. Our technology provides renewable power solutions to high-value production and specialty solar markets where traditional rigid solar panels are not suitable, including space power beaming, aerospace, satellites, near earth orbiting vehicles, fixed wing unmanned aerial vehicles (“UAV”), and agrivoltaics. We operate in these target markets because they have highly specialized needs for power generation and offer attractive pricing due to the significant technological requirements.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 61K | 42K | 458K | 1.2M | - | - |
| Net Income | -7.3M | - | - | - | -6.0M | 1.6M |
| EPS | $-2.61 | $-10.38 | $-341,900.00 | $-2,640,000.00 | $-30,800.00 | $6,400.00 |
| Free Cash Flow | -6.7M | -8.4M | -13M | -11M | -9.7M | 2.9M |
| ROIC | -99.3% | - | - | - | -54.0% | -26.3% |
| Gross Margin | -132.9% | -254.2% | -312.9% | -64.5% | - | - |
| Debt/Equity | 0.00 | 0.13 | -5.58 | 2.14 | -4.68 | -0.78 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -7.2M | -8.5M | -16M | -17M | -8.8M | -2.5M |
| Operating Margin | -11856.4% | -20378.5% | -3413.6% | -1394.8% | - | - |
| ROE | -273.5% | - | - | - | - | - |
| Shares Outstanding | 3M | 2M | 0M | 0M | 0M | 0M |
Ascent Solar Technologies, Inc. passes 0 of 9 quality checks, indicating weak fundamentals.
Ascent Solar Technologies, Inc. (ASTI) has a 5-year average return on invested capital (ROIC) of -40.2%. This is below average and may indicate limited pricing power.
Ascent Solar Technologies, Inc. (ASTI) has a market capitalization of $14M. It is classified as a small-cap stock.
Ascent Solar Technologies, Inc. (ASTI) does not currently pay a regular dividend.
Ascent Solar Technologies, Inc. (ASTI) operates in the Semiconductors & Related Devices industry, within the Technology sector.
Ascent Solar Technologies, Inc. (ASTI) reported annual revenue of $42 thousand in its most recent fiscal year, based on SEC EDGAR filings.
Ascent Solar Technologies, Inc. (ASTI) generated $-8 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
Ascent Solar Technologies, Inc. (ASTI) has a debt-to-equity ratio of 0.13. This indicates a conservatively financed balance sheet.
Ascent Solar Technologies, Inc. (ASTI) reported earnings per share (EPS) of $-10.38 in its most recent fiscal year.
Ascent Solar Technologies, Inc. (ASTI) has a 5-year average gross margin of -210.5%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 16 years of financial data for Ascent Solar Technologies, Inc. (ASTI), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Ascent Solar Technologies, Inc. (ASTI) has a book value per share of $1.98, based on its most recent annual SEC filing.