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 mo…
Solar
US, Portland [HQ]
SHLS/Financial Reporting
Income Statements
6 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Revenue | 103.00 | 144.00 | 175.00 | 213.00 | 326.00 | 488.00 | |
|
EPS
|
0.05 | 0.15 | 0.21 | 0.04 | 1.11 | 0.24 | |
| Diluted in mil. | 0.05 | 0.15 | 0.21 | 0.04 | 0.76 | 0.24 | |
|
Profit
|
28.00 | 44.00 | 66.00 | 82.00 | 131.00 | 159.00 | |
| Gross Margin | 27.15 | 30.60 | 37.91 | 38.76 | 40.16 | 32.55 | |
| Pre Tax | 8.00 | 25.00 | 33.00 | 4.00 | 152.00 | 54.00 | |
| Profit Margin | 8.33 | 17.40 | 19.24 | 1.89 | 46.49 | 11.24 | |
| ETR | - - | 7.11 | 10.40 | 2.13 | 5.91 | 22.34 | |
| Net | 8.00 | 25.00 | 33.00 | 3.00 | 127.00 | 39.00 | |
| Profit Margin | 8.33 | 17.40 | 19.24 | 1.85 | 39.03 | 8.18 | |
| EBITDA | 20.00 | 36.00 | 46.00 | 44.00 | 181.00 | 89.00 | |
| EBITDA Margin | 19.35 | 24.98 | 26.60 | 20.93 | 55.38 | 18.32 | |
| Operating Income | 11.00 | 26.00 | 37.00 | 36.00 | 170.00 | 79.00 | |
| Operating Margin | 10.69 | 18.64 | 21.24 | 16.99 | 52.16 | 16.16 | |
| Interest Income | - - | 1.00 | 3.00 | 14.00 | 18.00 | - - | |
| Loss | -92.00 | -117.00 | -138.00 | -176.00 | -260.00 | -409.00 | |
| Cost of Revenue | -75.00 | -100.00 | -108.00 | -130.00 | -195.00 | -329.00 | |
|
Operating Expenses
|
-17.00 | -17.00 | -29.00 | -46.00 | -64.00 | -80.00 | |
| R&D | - - | - - | - - | - - | - - | - - | |
| G&A | -8.00 | -9.00 | -21.00 | -37.00 | -55.00 | -80.00 | |
| SG&A | -8.00 | -9.00 | -21.00 | -37.00 | -55.00 | -80.00 | |
| S&M | - - | - - | - - | - - | - - | - - | |
| Depreciation and Amortization | -8.00 | -9.00 | -9.00 | -10.00 | -10.00 | -10.00 | |
| Interest Expenses | -2.00 | -1.00 | -3.00 | -14.00 | -18.00 | -24.00 | |
| Other Expenses | -2.00 | -1.00 | -3.00 | -32.00 | -18.00 | -24.00 | |
|
WA Shares Outstanding
|
160.00 | 160.00 | 160.00 | 112.00 | 114.00 | 164.00 | |
| Diluted | 166.00 | 166.00 | 160.00 | 112.00 | 167.00 | 164.00 |