Ascent Solar Technologies
Developer of thin-film photovoltaic modules based on substrate materials.
Launch date
Employees
Market cap
€2.8m
Enterprise valuation
€176k (Public information from Sep 2024)
Share price
$2.77 ASTI
Thornton Colorado (HQ)
Financials
Estimates*
| USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | <1m | <1m | <1m | <1m | <1m | 1.2m | <1m |
| % growth | - | 34 % | (26 %) | (90 %) | 812 % | 101 % | (63 %) |
| EBITDA | (10.5m) | (8.3m) | (2.2m) | <1m | (8.3m) | (16.3m) | (10.8m) |
| % EBITDA margin | (1635 %) | (963 %) | (340 %) | 1329 % | (1358 %) | (1329 %) | (2367 %) |
| Profit | (18.6m) | (16.0m) | (4.9m) | 1.6m | (6.0m) | (19.8m) | (17.1m) |
| % profit margin | (2890 %) | (1860 %) | (763 %) | 2428 % | (987 %) | (1616 %) | (3725 %) |
| EV / revenue | 28.5x | 16.4x | 27.5x | 2462.0x | 109.9x | 44.1x | 11.0x |
| EV / EBITDA | -1.7x | -1.7x | -8.1x | 185.3x | -8.1x | -3.3x | -0.5x |
| R&D budget | 4.8m | 2.8m | 1.3m | 1.2m | 4.1m | 6.0m | 3.2m |
| R&D % of revenue | 751 % | 324 % | 205 % | 1749 % | 681 % | 489 % | 703 % |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
* | N/A | $50.0m | Post IPO Equity |
* | $5.0m | Post IPO Debt | |
* | N/A | $900k | Post IPO Convertible |
* | N/A | N/A | Post IPO Equity |
* | N/A | $3.1m | Post IPO Equity |
| Total Funding | - | ||
