Tigo Energy, Inc.
TYGOQ2 2023(TYGO Q1 FY2023)Estimated2% AI
AI Revenue %
2%
AI Fair Value
$348.7M
AI Revenue (Q)
$1.0B
Total Revenue (Q)
$50.1B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
fSight acquisition closed in Q1 2023, bringing Predict+ AI-powered energy demand forecasting capability. Q1 2023 revenue = $50.058M (from Q1 2024 10-Q comparisons). This was a peak-revenue quarter driven by massive MLPE/GO ESS hardware channel fill. fSight was a small Israeli startup acquired for ~$10M total consideration. The AI product (Predict+) was just launched this quarter. Realistic AI revenue contribution from Predict+ is negligible relative to the $50M hardware quarter. Math: fSight annual revenue likely <$2M pre-acquisition; partial quarter contribution ~$0.5M. $0.5M / $50.058M ~ 1%. Being generous at 2% to account for any EI platform monitoring with ML features. Conservative bias applied.
Analyzed by claude-opus-4-6
Quoted Figures
Net revenue $50,058K (Q1 2023) vs $9,802K (Q1 2024)
10-Q Q1 FY2024, Income Statement
added our energy demand forecasting software capabilities through our acquisition of Foresight Energy, Ltd. in the first quarter of 2023
10-K FY2023, Item 1 Business
AI Products Identified (Ring 1)
Predict+ energy demand forecasting (fSight)
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
EI platform cloud monitoringMLPE optimization firmware
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix