First Solar
VerifiedVertically Integrated Utility-Scale PV Power Solutions Provider
Tempe United States (HQ)
Deals in the last 12 months undisclosed
Company information
Edit Launch date
Employees
3,523 people
Ownership
Market cap
$8.4b
Net debt
$579m
Firm valuation
€6.0b (Public information from 2021)
| USD | 2016 | 2017 | 2018 | 2019 | 2020E | 2021E | 2022E |
|---|---|---|---|---|---|---|---|
| Revenues | - | 2.9b | 2.2b | 3.1b | 2.7b | 2.9b | 2.8b |
| % growth | - | - | (24 %) | 36 % | (11 %) | 7 % | (5 %) |
| EBITDA | - | 330m | 171m | 407m | 556m | 719m | 681m |
| % EBITDA margin | - | 11 % | 8 % | 13 % | 21 % | 25 % | 25 % |
| Profit | - | (166m) | 144m | 115m | 398m | 478m | 379m |
| % profit margin | - | (6 %) | 6 % | 4 % | 15 % | 16 % | 14 % |
| EV / revenue | - | - | 1.1x | 1.4x | 3.3x | 2.3x | 2.2x |
| EV / EBITDA | - | - | 13.8x | 10.3x | 16.2x | 9.1x | 9.0x |
| R&D budget | 130m | 81.4m | 81.4m | 94.6m | - | - | - |
| R&D % of revenue | - | 3 % | 4 % | 3 % | - | - | - |
Source: Company fillings or news article
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | $400m Valuation: $1.4b | IPO | |
| N/A | $428m | POST IPO EQUITY | |
| $240m | POST IPO DEBT | ||
| Total Funding | - | ||
