Solo Brands, Inc. (DTC)
NYSE: DTC · Real-Time Price · USD
1.080
+0.050 (4.85%)
Dec 20, 2024, 4:00 PM EST - Market closed
Solo Brands Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| Revenue | 476.33 | 494.78 | 517.63 | 403.72 | 133.43 | 39.85 |
| Revenue Growth (YoY) | -9.56% | -4.41% | 28.22% | 202.57% | 234.81% | - |
| Cost of Revenue | 207.41 | 192.62 | 199.45 | 144.81 | 46.46 | 17.22 |
| Gross Profit | 268.92 | 302.15 | 318.18 | 258.91 | 86.97 | 22.64 |
| Selling, General & Admin | 262.89 | 249.43 | 259.05 | 159.52 | 40.01 | 16.37 |
| Other Operating Expenses | 9.96 | 5.01 | 0.68 | 12.29 | 39.17 | 33.21 |
| Operating Expenses | 299.12 | 281.04 | 284.32 | 190.05 | 84.85 | 50.4 |
| Operating Income | -30.2 | 21.12 | 33.85 | 68.86 | 2.12 | -27.76 |
| Interest Expense | -13.81 | -11 | -6.27 | -10.14 | -3.21 | -0.53 |
| Interest & Investment Income | - | - | - | - | - | 0.01 |
| Other Non Operating Income (Expenses) | 0.81 | 7.3 | -0.71 | -0.21 | -0.44 | -0.35 |
| EBT Excluding Unusual Items | -43.2 | 17.41 | 26.87 | 58.52 | -1.53 | -28.63 |
| Merger & Restructuring Charges | -79.3 | - | -2.9 | - | -3.5 | - |
| Impairment of Goodwill | -234.77 | -234.77 | -27.9 | - | - | - |
| Asset Writedown | -14.2 | -14.2 | -2.69 | - | - | - |
| Other Unusual Items | -1.72 | - | - | - | -19.07 | -0.9 |
| Pretax Income | -373.19 | -231.56 | -6.62 | 58.52 | -24.1 | -29.54 |
| Income Tax Expense | -40.35 | -36.23 | 1 | 2.03 | 0.1 | 0 |
| Earnings From Continuing Operations | -332.84 | -195.33 | -7.62 | 56.5 | -24.2 | -29.54 |
| Minority Interest in Earnings | 132.64 | 83.99 | 2.68 | -7.84 | 24.2 | - |
| Net Income | -200.2 | -111.35 | -4.95 | 48.65 | - | -29.54 |
| Preferred Dividends & Other Adjustments | - | - | - | - | - | -24.52 |
| Net Income to Common | -200.2 | -111.35 | -4.95 | 48.65 | - | -5.02 |
| Shares Outstanding (Basic) | 58 | 61 | 63 | 63 | 425 | - |
| Shares Outstanding (Diluted) | 58 | 61 | 63 | 63 | 425 | - |
| Shares Change (YoY) | -6.24% | -4.67% | 0.72% | -85.17% | - | - |
| EPS (Basic) | -3.44 | -1.84 | -0.08 | 0.77 | - | - |
| EPS (Diluted) | -3.44 | -1.84 | -0.08 | 0.17 | - | - |
| Free Cash Flow | 7.13 | 53.33 | 23.15 | -20.89 | 31.72 | -19.94 |
| Free Cash Flow Per Share | 0.12 | 0.88 | 0.36 | -0.33 | 0.07 | - |
| Gross Margin | 56.46% | 61.07% | 61.47% | 64.13% | 65.18% | 56.80% |
| Operating Margin | -6.34% | 4.27% | 6.54% | 17.06% | 1.59% | -69.66% |
| Profit Margin | -42.03% | -22.50% | -0.96% | 12.05% | - | -12.60% |
| Free Cash Flow Margin | 1.50% | 10.78% | 4.47% | -5.17% | 23.77% | -50.02% |
| EBITDA | -3.03 | 48.47 | 58.45 | 87.09 | 7.78 | -26.94 |
| EBITDA Margin | -0.64% | 9.80% | 11.29% | 21.57% | 5.83% | -67.60% |
| D&A For EBITDA | 27.17 | 27.35 | 24.59 | 18.23 | 5.67 | 0.82 |
| EBIT | -30.2 | 21.12 | 33.85 | 68.86 | 2.12 | -27.76 |
| EBIT Margin | -6.34% | 4.27% | 6.54% | 17.06% | 1.59% | -69.66% |
| Effective Tax Rate | - | - | - | 3.46% | - | - |
| Advertising Expenses | - | 96.9 | 93.4 | 74.5 | 17.8 | 6.5 |
Source: S&P Capital IQ. Standard template. Financial Sources.