Shoals Technologies Group, Inc. (SHLS)

USD 4.66

(-5.28%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 488.93 Million 326.94 Million 213.21 Million 175.51 Million 144.49 Million 103.75 Million
Cost of Revenue 320.63 Million 195.62 Million 130.56 Million 108.97 Million 100.28 Million 75.58 Million
Gross Profit 168.3 Million 131.31 Million 82.64 Million 66.54 Million 44.21 Million 28.16 Million
Operating Expenses 89.26 Million 64.98 Million 46.41 Million 29.27 Million 17.28 Million 17.08 Million
Selling, General and Administrative Expenses 80.71 Million 55.9 Million 37.89 Million 21 Million 9.06 Million 8.9 Million
Research and Development Expenses - - - - - -
Other Expenses 8.55 Million 9.07 Million 8.52 Million 8.26 Million 8.21 Million 8.17 Million
Cost and Expenses 409.9 Million 260.61 Million 176.98 Million 138.24 Million 117.56 Million 92.66 Million
Operating Income 79.03 Million 170.53 Million 36.23 Million 37.27 Million 26.93 Million 11.08 Million
Interest Expense 24.1 Million 18.53 Million 14.54 Million 3.51 Million 1.78 Million 2.44 Million
Income Tax Expense 12.27 Million 8.98 Million 86 Thousand 3.51 Million 1.78 Million 8.82 Million
Earnings before Tax 54.93 Million 152 Million 4.03 Million 33.76 Million 25.14 Million 8.64 Million
Net Income 39.97 Million 127.61 Million 3.94 Million 33.76 Million 25.14 Million 8.64 Million
Earnings Per Share Basic 0.24 1.11 0.04 0.21 0.15 0.05
Earnings Per Share Diluted 0.24 0.76 0.04 0.21 0.15 0.05
Weighted Average Shares Outstanding 164.16 Million 114.49 Million 112.04 Million 160.27 Million 160.27 Million 160.28 Million
Weighted Average Shares Outstanding (Diluted) 164.5 Million 167.63 Million 112.04 Million 160.27 Million 166.59 Million 166.59 Million
Gross Margin 0.34 0.40 0.39 0.38 0.31 0.27
EBIT Margin 0.18 0.55 0.21 0.27 0.25 0.19
Profit Margin 0.08 0.39 0.02 0.19 0.17 0.08
EBITDA 89.56 Million 181.04 Million 48.63 Million 46.68 Million 36.09 Million 20.07 Million
Earnings Before Tax Margin 0.16 0.52 0.17 0.21 0.19 0.11

Income Statement Charts