Tigo Energy, Inc. (TYGO)
Tigo Energy, Inc. operates in the Solar industry of the Technology sector, headquartered in Los Gatos, CA, US. The stock last traded at $1.16, down 7.60% on the session, giving a market capitalisation of $88.7M. On trailing twelve-month figures it carries a trailing P/E of 8.08, a net margin of 9.0%. Its beta of 1.31 implies it has historically moved more than the broad market.
Tigo Energy, Inc., together with its subsidiaries, provides solar and energy storage solutions worldwide. It offers module level power electronics (MLPEs) to maximize the energy output of individual solar modules for utility, commercial, and residential solar arrays. The company also provides GO Energy Storage Systems that provide solar energy storage management capabilities, and energy resilience in the event of a grid outage and optimizes energy consumption based on rate plans for home energy needs; and Energy Intelligence (EI) platform, which provides monitoring and energy demand forecasting capabilities, as well as Predict+, an energy consumption and demand forecasting software. In addition, it offers GO Battery modular, scalable energy storage system; GO Inverter, which offers energy conversion for home consumption or export to the grid; GO Link/Automatic Transfer Switch (ATS), a component for battery backup of on-grid systems; Tigo Predict+ for energy demand forecasting; and GO Electric Vehicle (EV) Charger to reduce transportation costs. Further, it provides monitoring services. The company offers its products through distributors and solar installers. Tigo Energy, Inc. was founded in 2007 and is headquartered in Los Gatos, California.
Tigo Energy, Inc. is most often compared with the following Technology names: