See more : Italmobiliare S.p.A. (0RP4.L) Income Statement Analysis – Financial Results
Complete financial analysis of Solo Brands, Inc. (DTC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Solo Brands, Inc., a leading company in the Specialty Retail industry within the Consumer Cyclical sector.
You may be interested
- JEOL Ltd. (JELLF) Income Statement Analysis – Financial Results
- Advanced Microelectronic Products,Inc. (6287.TWO) Income Statement Analysis – Financial Results
- Kimoto Co., Ltd. (7908.T) Income Statement Analysis – Financial Results
- Seelos Therapeutics, Inc. (SEEL) Income Statement Analysis – Financial Results
- Italian Design Brands S.p.A. (IDB.MI) Income Statement Analysis – Financial Results
Solo Brands, Inc. (DTC)
About Solo Brands, Inc.
Solo Brands, Inc. operates a direct-to-consumer platform that offers outdoor lifestyle branded products in the United States. The company provides camp stoves under the Solo Stove Lite brand name; fire pits under the Solo Stove brand name; grills, cook tops, and tools; kayaks under the Oru brand name; paddle boards under the ISLE brand name; and storage solutions for fire pits, firewood, and other accessories. It also offers swim trunks, casual shorts, sport products, polos, shirts, and lounge products under the Chubbies brand name; consumables, such as color packs, starters, natural charcoal, and firewood products; and accessories comprising shelters, shields, roasting sticks, tools, paddles, and pumps under the Solo Stove, Oru, and ISLE brands. The company was founded in 2011 and is headquartered in Grapevine, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 494.78M | 517.63M | 403.72M | 133.43M | 39.85M |
| Cost of Revenue | 192.62M | 199.45M | 144.81M | 46.46M | 17.22M |
| Gross Profit | 302.15M | 318.18M | 258.91M | 86.97M | 22.64M |
| Gross Profit Ratio | 61.07% | 61.47% | 64.13% | 65.18% | 56.80% |
| Research & Development | 0.00 | 1.10M | 300.00K | 0.00 | 0.00 |
| General & Administrative | 152.53M | 165.65M | 85.02M | 22.21M | 9.87M |
| Selling & Marketing | 96.90M | 93.40M | 74.50M | 17.80M | 6.50M |
| SG&A | 249.43M | 259.05M | 159.52M | 40.01M | 16.37M |
| Other Expenses | 280.57M | 28.17M | 30.52M | 67.41M | 34.93M |
| Operating Expenses | 530.00M | 287.22M | 190.05M | 107.43M | 51.30M |
| Cost & Expenses | 722.63M | 486.67M | 334.85M | 153.89M | 68.52M |
| Interest Income | 0.00 | 6.27M | 10.14M | 3.21M | 6.00K |
| Interest Expense | 11.00M | 6.27M | 10.14M | 3.21M | 525.00K |
| Depreciation & Amortization | 27.35M | 24.59M | 18.23M | 5.67M | 823.00K |
| EBITDA | 48.47M | 58.45M | 87.09M | -15.23M | -28.19M |
| EBITDA Ratio | 9.80% | 16.64% | 21.57% | -11.08% | -69.86% |
| Operating Income | -227.85M | 61.54M | 68.86M | -20.46M | -28.67M |
| Operating Income Ratio | -46.05% | 11.89% | 17.06% | -15.33% | -71.93% |
| Total Other Income/Expenses | -3.71M | -6.98M | -10.34M | -3.65M | -872.00K |
| Income Before Tax | -231.56M | -6.62M | 58.52M | -24.10M | -29.54M |
| Income Before Tax Ratio | -46.80% | -1.28% | 14.50% | -18.07% | -74.12% |
| Income Tax Expense | -36.23M | 1.00M | 2.03M | 99.00K | 3.00K |
| Net Income | -111.35M | -7.62M | 48.65M | -24.20M | -29.54M |
| Net Income Ratio | -22.50% | -1.47% | 12.05% | -18.14% | -74.12% |
| EPS | -1.84 | -0.12 | 0.51 | -0.25 | -0.31 |
| EPS Diluted | -1.84 | -0.12 | 0.51 | -0.25 | -0.31 |
| Weighted Avg Shares Out | 60.50M | 63.46M | 94.58M | 96.81M | 96.81M |
| Weighted Avg Shares Out (Dil) | 60.50M | 63.46M | 94.58M | 96.81M | 96.81M |
EdgeTI and Partners Create AI-Powered Digital Twin Pavilion for Defense TechConnect Innovation Summit (DTC), 2024
Pavilion to Demonstrate AI and Digital Twins Use Cases Aligned to Topical Panels and Sessions on National Defense Strategy and National Security Strategy Arlington, Virginia--(Newsfile Corp. - December 3, 2024) - Edge Total Intelligence Inc. (TSXV: CTRL) (OTCQB: UNFYF) (FSE:...
Deckers Rides on Product Innovation & DTC Strength: Here's How
DECK excels with a strong brand portfolio, innovative products and global expansion. Its DTC business and wholesale performance position it for long-term growth.
BrandPilot AI Inc. Announces DTC Eligibility Increasing Investor Accessibility in the United States and Upcoming Investor Webinar
Toronto, Ontario--(Newsfile Corp. - November 28, 2024) - BrandPilot AI Inc., (CSE: BPAI) (OTCQB: BPAIF) ("BPAI" or the "Company"), is pleased to announce that the common shares in the capital of BPAI (the "Common Shares") are now eligible for electronic...
Defence Announces Closing of Securities for Debenture Financing
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2024) - DEFENCE THERAPEUTICS INC. (CSE: DTC) (OTCQB: DTCFF) (FSE: DTC) ("Defence" or the "Company"), a Canadian biopharmaceutical company developing radiopharmaceuticals and ADC products using its proprietary platform and drug delivery technologies in...
WSI Implements Manhattan Active® Warehouse Management to Address Growth in Ecommerce, DTC Fulfillment
ATLANTA--(BUSINESS WIRE)--Manhattan Associates Inc. (NASDAQ: MANH) announced today that WSI Supply Chain Solutions, one of the largest privately held logistics companies in the U.S., has successfully implemented Manhattan Active® Warehouse Management at all of its ecommerce fulfillment centers. By deploying...
Solo Brands: Potential Danger, Proceed With Caution
Solo Brands faced a tough 2024, with significant revenue declines and restructuring costs, but new management's strategic moves offer hope for a rebound in 2025. Key restructuring includes winding down IcyBreeze and consolidating ISLE Paddle Boards and Oru Kayaks, aiming...
Canada Goose Prepares For Its First Designer Capsule, But Is Still A Hold
Canada Goose's 2Q25 earnings show a 5% revenue decline, with wholesale and DTC comparables both down 15%, raising concerns for 2H25 performance. The launch of the Snow Goose capsule aims to rejuvenate the brand, but its limited availability may not...
Solo Brands to Present and Host 1:1 Meetings at the 16th Annual Southwest IDEAS Conference on November 20, 2024
GRAPEVINE, Texas--(BUSINESS WIRE)--Solo Brands (NYSE: DTC), a leading portfolio of lifestyle brands (Solo Stove, Chubbies, Isle and Oru) that are redefining the outdoor and apparel industries, is pleased to announce that Chris Metz, Chief Executive Officer, and Laura Coffey, Chief...
Solo Brands, Inc. (DTC) Q3 2024 Earnings Call Transcript
Solo Brands, Inc. (NYSE:DTC ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Mark Anderson - Investor Relations Chris Metz - President and Chief Executive Officer Laura Coffey - Chief Financial Officer Conference Call Participants...
BrandPilot AI Inc. Provides Corporate Updates Highlighting New Client Acquisitions, Strategic Partnerships, DTC Eligibility, and Upcoming Investor Webinar
Momentum Builds for BrandPilot AI with Diverse Client Wins and Expanded Access for U.S. and Global Investors Company to host investor webinar on November 28, 2024 Toronto, Ontario--(Newsfile Corp. - November 8, 2024) - BrandPilot AI Inc., (CSE: BPAI) (OTCQB:...
Source: https://incomestatements.info
Category: Stock Reports