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Complete financial analysis of Shoals Technologies Group, Inc. (SHLS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Shoals Technologies Group, Inc., a leading company in the Solar industry within the Energy sector.
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Shoals Technologies Group, Inc. (SHLS)
About Shoals Technologies Group, Inc.
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It produces EBOS components, including cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. The company also sells EV Charging solutions for public and fleet electric vehicle charging stations; and EBOS systems. It sells its products principally to engineering, procurement, and construction firms that build solar energy projects and install electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.
Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
---|---|---|---|---|---|---|
Revenue | 488.94M | 326.94M | 213.21M | 175.52M | 144.50M | 103.75M |
Cost of Revenue | 320.64M | 195.63M | 130.57M | 108.97M | 100.28M | 75.58M |
Gross Profit | 168.30M | 131.31M | 82.65M | 66.55M | 44.21M | 28.17M |
Gross Profit Ratio | 34.42% | 40.16% | 38.76% | 37.91% | 30.60% | 27.15% |
Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
General & Administrative | 80.72M | 55.91M | 37.89M | 21.01M | 9.07M | 8.90M |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A | 80.72M | 55.91M | 37.89M | 21.01M | 9.07M | 8.90M |
Other Expenses | 8.55M | 9.07M | 8.52M | 8.26M | 8.22M | 8.18M |
Operating Expenses | 89.27M | 64.98M | 46.41M | 29.27M | 17.28M | 17.08M |
Cost & Expenses | 409.90M | 260.61M | 176.98M | 138.24M | 117.57M | 92.66M |
Interest Income | 0.00 | 18.54M | 14.55M | 3.51M | 1.79M | 0.00 |
Interest Expense | 24.10M | 18.54M | 14.55M | 3.51M | 1.79M | 2.44M |
Depreciation & Amortization | 10.53M | 10.51M | 10.05M | 9.41M | 9.16M | 8.99M |
EBITDA | 89.56M | 181.05M | 48.63M | 46.68M | 36.09M | 20.08M |
EBITDA Ratio | 18.32% | 55.38% | 20.93% | 26.60% | 24.98% | 19.35% |
Operating Income | 79.04M | 170.54M | 36.23M | 37.28M | 26.93M | 11.09M |
Operating Income Ratio | 16.16% | 52.16% | 16.99% | 21.24% | 18.64% | 10.69% |
Total Other Income/Expenses | -24.10M | 85.67M | -32.20M | -3.51M | -1.79M | -2.44M |
Income Before Tax | 54.94M | 152.00M | 4.03M | 33.77M | 25.14M | 8.65M |
Income Before Tax Ratio | 11.24% | 46.49% | 1.89% | 19.24% | 17.40% | 8.33% |
Income Tax Expense | 12.27M | 8.99M | 86.00K | 3.51M | 1.79M | 8.83M |
Net Income | 39.97M | 127.61M | 3.94M | 33.77M | 25.14M | 8.65M |
Net Income Ratio | 8.18% | 39.03% | 1.85% | 19.24% | 17.40% | 8.33% |
EPS | 0.24 | 1.11 | 0.04 | 0.21 | 0.15 | 0.05 |
EPS Diluted | 0.24 | 0.76 | 0.04 | 0.21 | 0.15 | 0.05 |
Weighted Avg Shares Out | 164.17M | 114.50M | 112.05M | 160.28M | 160.28M | 160.28M |
Weighted Avg Shares Out (Dil) | 164.50M | 167.63M | 112.05M | 160.28M | 166.59M | 166.59M |
SHLS Investors Have Opportunity to Lead Shoals Technologies Group, Inc. Securities Fraud Lawsuit
7 Solar Stocks That Could Be Millionaire-Makers: May Edition
DEADLINE TOMORROW: Berger Montague Advises Shoals Technologies Group (SHLS) Investors to Inquire About a Securities Fraud Class Action by May 21, 2024
SHLS INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Shoals Technologies Group, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Investors in Shoals Technologies Group, Inc. Should Contact Levi & Korsinsky Before May 21, 2024 to Discuss Your Rights - SHLS
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 21, 2024 in Shoals Technologies Group, Inc. Lawsuit - SHLS
Levi & Korsinsky Notifies Shareholders of Shoals Technologies Group, Inc.(SHLS) of a Class Action Lawsuit and an Upcoming Deadline
Shareholders that lost money on Shoals Technologies Group, Inc.(SHLS) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
IMPORTANT INVESTOR ALERT: The Schall Law Firm Encourages Investors in Shoals Technologies Group, Inc. with Losses of $100,000 to Contact the Firm
Shoals Technologies Group, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before May 21, 2024 to Discuss Your Rights - SHLS
Source: https://incomestatements.info
Category: Stock Reports