See more : Saudi Industrial Investment Group (2250.SR) 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
- SCYNEXIS, Inc. (SCYX) Income Statement Analysis – Financial Results
- Exor N.V. (EXXRF) Income Statement Analysis – Financial Results
- OpenDoor Inc. (3926.T) Income Statement Analysis – Financial Results
- Saturn Oil & Gas Inc. (SOIL.V) Income Statement Analysis – Financial Results
- Gold and GemStone Mining Inc. (GGSM) 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 |
Solo Brands, Inc. (DTC) Misses Q3 Earnings Estimates
Solo Brands, Inc. (DTC) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.28 per share a year ago.
Solo Brands, Inc. Announces Third Quarter Results
GRAPEVINE, Texas--(BUSINESS WIRE)--Solo Brands, Inc. (NYSE: DTC) (“Solo Brands” or “the Company”) today announced its financial results for the three and nine month period ended September 30, 2024. "Our third quarter results were in line with our expectations despite a...
ONGold Announces OTC Trading Approval and DTC Eligibility
Toronto, Ontario--(Newsfile Corp. - October 31, 2024) - ONGold Resources Ltd. (TSXV: ONAU) (OTCQB: ONGRF) (the "Company") announces that its common shares are now trading on the OTCQB Venture Marketplace (the "OTCQB"), a US trading platform that is operated by...
Skechers Q3 Earnings Beat, DTC Sales Rise Y/Y, FY2024 Guidance Up
SKX's record sales with strong demand across regions, driven by its comfort technology and strategic investments position the brand for continued growth.
Solo Brands, Inc. Third Quarter Fiscal 2024 Financial Results To Be Released Thursday, November 7, 2024
GRAPEVINE, Texas--(BUSINESS WIRE)--Solo Brands, Inc (NYSE: DTC), ("Solo Brands" or the "Company"), an omni-channel platform of beloved brands Solo Stove, Chubbies, Oru Kayak, ISLE, TerraFlame, and IcyBreeze today announced that it plans to report its third quarter fiscal 2024 financial...
DIAMOND SPORTS GROUP AND FANDUEL ANNOUNCE BROAD COMMERCIAL PARTNERSHIP
Bally Sports Will Become FanDuel Sports Network on October 21 SOUTHPORT, Conn. and NEW YORK , Oct. 18, 2024 /PRNewswire/ -- Diamond Sports Group ("Diamond") and FanDuel, North America's premier online gaming company, today announced an agreement on a broad,...
Solo Stove Fires Up Islanders Announcing a Milestone Partnership with the New York Islanders and UBS Arena
Solo Stove Named First + Exclusive Jersey Patch Partner for Islanders Organization Plaza Outside UBS Arena to be Named Solo Stove Plaza as Part of Entitlement Partnership Video and Photo Assets Available Here BELMONT PARK, N.Y., Oct. 10, 2024 /PRNewswire/...
Domo Tactical Communications (DTC) Launches BluSDR-90-UL: Long-Range, Ultra-Lightweight Communications for Uncrewed Systems and Military Operations
Revolutionary SDR (Software Defined Radio) offering unparalleled long range mission critical connectivity with battlefield-proven MANET networking for today's disrupted, denied and dispersed environments. Revolutionary SDR (Software Defined Radio) offering unparalleled long range mission critical connectivity with battlefield-proven MANET networking for...
South Pacific Metals Receives DTC Eligibility; Engages Think Ink and 45 Degrees for Marketing and Advertising Services
VANCOUVER, BC / ACCESSWIRE / September 26, 2024 / South Pacific Metals Corp. (TSXV:SPMC)(FSE:6J00)(OTCQB:SPMEF) ("SPMC" or the "Company"), an emerging gold-copper exploration company operating across Papua New Guinea's proven production corridors, is pleased to announce that its common shares are...
C2C Metals Corp. Stakes Uranium Mineral Claims in the Uravan Mining District; Common Shares Now DTC Eligible
CSE: CTOC OTCQB: CTCGF www.c2cmetals.com VANCOUVER, BC, Sept. 23, 2024 /PRNewswire/ - C2C Metals Corp. (CSE: CTOC) (OTCQB: CTCGF) (the "Company" or "C2C) announced today that the Company has staked 3 properties covering over 2,000 acres with known historical occurrences in...
Source: https://incomestatements.info
Category: Stock Reports