FTC Solar Secures Lubanzi Inala Deal, Forecasts 148.7% Revenue Growth to $32.8M
FTC Solar has signed a supply agreement with South Africa’s Lubanzi Inala to deliver solar tracking systems across the region. The company will report Q4 and full-year 2025 results on March 5, with analysts forecasting a $0.21 per-share loss and $32.83 million in revenues, a 148.7% year-over-year increase.
1. Supply Agreement with Lubanzi Inala
FTC Solar has entered into a supply agreement with Lubanzi Inala in South Africa to provide its solar tracking systems. This marks the company’s first major contract in the African market and supports its international growth strategy.
2. Q4 and Full-Year 2025 Financial Outlook
The company is scheduled to report fourth-quarter and full-year 2025 results on March 5. Consensus forecasts call for a $0.21 per-share loss on $32.83 million in revenues, representing a 148.7% increase over the prior-year quarter.