Tigo Energy, Inc.
TYGOQ1 2024(TYGO Q4 FY2023)Estimated3% AI
AI Revenue %
3%
AI Fair Value
$342.7M
AI Revenue (Q)
$513.1M
Total Revenue (Q)
$17.1B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Q4 2023 revenue derived: Need FY2023 total. From 10-K FY2023 comparisons and segment data, FY2023 total not directly given in extracted text. However, 9mo 2023 = $135.988M. The FY2024 10-K mentions EMEA was 75.3% and Americas 17.3% of FY2023 revenue. Using the continued destocking trend visible in Q3, Q4 2023 likely ~$15-20M. Predict+ AI forecasting contribution ~$0.3-0.5M. At $17M estimated revenue, ~3%. Deferred revenue grew to $801K total by Dec 31, 2023 (vs smaller balances prior), confirming small but growing software subscription base. Conservative 3%.
Analyzed by claude-opus-4-6
Quoted Figures
Deferred revenue current $335K, non-current $466K as of December 31, 2023
10-Q Q1 FY2024, Balance Sheet
For the year ended December 31, 2023, we generated approximately 75.3% and 17.3% of our revenue from markets in EMEA and the Americas
10-K FY2024, Item 1 Business
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