canar.ai
Rankings/TYGO/Q4 2024 Analysis

Tigo Energy, Inc.

TYGO
Q4 2024(TYGO Q3 FY2024)Estimated3% AI
AI Revenue %
3%
AI Fair Value
$348.7M
AI Revenue (Q)
$4.1B
Total Revenue (Q)
$136.0B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.gov

Analysis

Q3 2024 revenue = $14.237M (from 10-Q). Continued recovery. Inventory write-down of $23.5M in FY2024 (primarily GO ESS) confirms hardware dominance. Math: AI/software estimated at $0.4-0.5M/quarter. $0.4M / $14.237M = 2.8%. Rounding to 3%. Deferred revenue current portion = $556K at Sep 30, 2024, up from $275K at June 30, showing some software growth. But this is total deferred revenue, not specifically AI. Conservative 3%.
Analyzed by claude-opus-4-6

Quoted Figures

Net revenue $14,237K (Three Months Ended September 30, 2024)
10-Q Q3 FY2024, Income Statement
The Company recorded inventory charges of $23.5 million in 2024... primarily related to excess and slow-moving inventory within the GO ESS line
10-K FY2024, Item 8 Notes

AI Products Identified (Ring 1)

Predict+ energy demand forecasting

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