SHLS
Income statement / Annual
Last year (2024), Shoals Technologies Group, Inc.'s total revenue was $399.21 M,
a decrease of 18.35% from the previous year.
In 2024, Shoals Technologies Group, Inc.'s net income was $24.13 M.
See Shoals Technologies Group, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
| Operating Revenue |
$399.21 M |
$488.94 M |
$326.94 M |
$213.21 M |
$175.52 M |
$144.50 M |
$103.75 M |
| Cost of Revenue |
$257.19 M
|
$320.64 M
|
$195.63 M
|
$130.57 M
|
$108.97 M
|
$100.28 M
|
$75.58 M
|
| Gross Profit |
$142.02 M
|
$168.30 M
|
$131.31 M
|
$82.65 M
|
$66.55 M
|
$44.21 M
|
$28.17 M
|
| Gross Profit Ratio |
0.36
|
0.34
|
0.4
|
0.39
|
0.38
|
0.31
|
0.27
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$82.25 M
|
$80.72 M
|
$55.91 M
|
$37.89 M
|
$21.01 M
|
$9.07 M
|
$8.90 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$82.25 M
|
$80.72 M
|
$55.91 M
|
$37.89 M
|
$21.01 M
|
$9.07 M
|
$8.90 M
|
| Other Expenses |
$8.59 M
|
$8.55 M
|
$9.07 M
|
$8.52 M
|
$8.26 M
|
$8.22 M
|
$8.18 M
|
| Operating Expenses |
$90.85 M
|
$89.27 M
|
$64.98 M
|
$46.41 M
|
$29.27 M
|
$17.28 M
|
$17.08 M
|
| Cost And Expenses |
$348.04 M
|
$409.90 M
|
$260.61 M
|
$176.98 M
|
$138.24 M
|
$117.57 M
|
$92.66 M
|
| Interest Income |
$518,000.00
|
$0.00
|
$18.54 M
|
$14.55 M
|
$3.51 M
|
$1.79 M
|
$0.00
|
| Interest Expense |
$13.83 M
|
$24.10 M
|
$18.54 M
|
$14.55 M
|
$3.51 M
|
$1.79 M
|
$2.44 M
|
| Depreciation & Amortization |
$12.63 M
|
$10.53 M
|
$10.51 M
|
$10.05 M
|
$9.41 M
|
$9.16 M
|
$8.99 M
|
| EBITDA |
$64.32 M |
$89.56 M |
$181.05 M |
$48.63 M |
$46.68 M |
$36.09 M |
$20.08 M |
| EBITDA Ratio |
0.16
|
0.18
|
0.55
|
0.21
|
0.27
|
0.25
|
0.19
|
| Operating Income Ratio |
0.13
|
0.16
|
0.52
|
0.17
|
0.21
|
0.19
|
0.11
|
| Total Other Income/Expenses Net |
-$13.31 M
|
-$24.10 M
|
$85.67 M
|
-$32.20 M
|
-$3.51 M
|
-$1.79 M
|
-$2.44 M
|
| Income Before Tax |
$37.86 M
|
$54.94 M
|
$152.00 M
|
$4.03 M
|
$33.77 M
|
$25.14 M
|
$8.65 M
|
| Income Before Tax Ratio |
0.09
|
0.11
|
0.46
|
0.02
|
0.19
|
0.17
|
0.08
|
| Income Tax Expense |
$13.74 M
|
$12.27 M
|
$8.99 M
|
$86,000.00
|
$3.51 M
|
$1.79 M
|
$8.83 M
|
| Net Income |
$24.13 M
|
$39.97 M
|
$127.61 M
|
$3.94 M
|
$33.77 M
|
$25.14 M
|
$8.65 M
|
| Net Income Ratio |
0.06
|
0.08
|
0.39
|
0.02
|
0.19
|
0.17
|
0.08
|
| EPS |
0.31 |
0.24 |
1.11 |
0.0352 |
0.21 |
0.15 |
0.0539 |
| EPS Diluted |
0.31 |
0.24 |
0.76 |
0.0352 |
0.21 |
0.15 |
0.0519 |
| Weighted Average Shares Out |
$168.57 M
|
$164.17 M
|
$114.50 M
|
$112.05 M
|
$160.28 M
|
$160.28 M
|
$160.28 M
|
| Weighted Average Shares Out Diluted |
$168.73 M
|
$164.50 M
|
$167.63 M
|
$112.05 M
|
$160.28 M
|
$166.59 M
|
$166.59 M
|
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