Shoals Technologies Group, Inc. (SHLS)

NASDAQ: SHLS · IEX Real-Time Price · USD

8.72

-0.45 (-4.91%)

At close: Apr 15, 2024, 4:00 PM

8.66

-0.06 (-0.69%)

Pre-market: Apr 16, 2024, 7:00 AM EDT

Shoals Technologies Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	488.94	326.94	213.21	175.52	144.5	103.75
Revenue Growth (YoY)	49.55%	53.34%	21.48%	21.47%	39.27%	-
Cost of Revenue	320.64	195.63	130.57	108.97	100.28	75.58
Gross Profit	168.3	131.31	82.65	66.55	44.21	28.17
Selling, General & Admin	80.72	55.91	37.89	21.01	9.07	8.9
Other Operating Expenses	8.55	9.07	8.52	8.26	8.22	8.18
Operating Expenses	89.27	64.98	46.41	29.27	17.28	17.08
Operating Income	79.04	66.33	36.23	37.28	26.93	11.09
Interest Expense / Income	24.1	18.54	14.55	3.51	1.79	2.44
Other Expense / Income	2.69	-88.81	19.25	-	-	-
Pretax Income	52.25	136.6	2.43	33.77	25.14	8.65
Income Tax	12.27	8.99	0.09	0	0	0
Net Income	39.97	127.61	2.35	33.77	25.14	8.65
Net Income Growth	-68.68%	5334.88%	-93.05%	34.30%	190.77%	-
Shares Outstanding (Basic)	164	114	99	160	160	160
Shares Outstanding (Diluted)	165	168	99	160	160	160
Shares Change	-1.87%	68.87%	-38.06%	-	-	-
EPS (Basic)	0.24	1.11	-	0.21	0.16	0.05
EPS (Diluted)	0.24	0.85	-	0.21	0.16	0.05
EPS Growth	-71.76%	-	-	31.25%	220.00%	-
Free Cash Flow	81.38	36.3	-8.21	50.85	34.46	1.6
Free Cash Flow Per Share	0.50	0.32	-0.08	0.32	0.21	0.01
Gross Margin	34.42%	40.16%	38.76%	37.91%	30.60%	27.15%
Operating Margin	16.16%	20.29%	16.99%	21.24%	18.64%	10.69%
Profit Margin	8.18%	39.03%	1.10%	19.24%	17.40%	8.33%
Free Cash Flow Margin	16.64%	11.10%	-3.85%	28.97%	23.85%	1.54%
Effective Tax Rate	23.49%	6.58%	3.53%	-	-	-
EBITDA	86.88	165.65	27.04	46.68	36.09	20.08
EBITDA Margin	17.77%	50.67%	12.68%	26.60%	24.98%	19.35%
Depreciation & Amortization	10.53	10.51	10.05	9.41	9.16	8.99
EBIT	76.35	155.14	16.98	37.28	26.93	11.09
EBIT Margin	15.62%	47.45%	7.97%	21.24%	18.64%	10.69%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).