Mar. 20 at 7:35 PM
$FSLY
Well it's another IOT play - similar to WATT.
$FTCI - this is another turn around story.
FTCI has a proprietary software platform called SunPath.
It uses topographical data, weather APIs, and localized sensors (IoT) on the actual trackers to constantly, autonomously adjust the angle of the panels to squeeze out 6% to 10% more energy yield than a standard tracker.
The trackers are a low margin business - but SunPath is 80% margins.
Ignore the Q1 guidance and understand - management announced they have secured over 9 Gigawatts in Master Supply Agreements, including massive deals in the US and South Africa, bringing their contracted backlog to
$491 million.
