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Shoals Technologies Group (SHLS)
NASDAQ:SHLS
US Market
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Shoals Technologies Group (SHLS) Income Statement

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Shoals Technologies Group Income Statement

Last quarter (Q2 2024), Shoals Technologies Group's total revenue was $99.25M, a decrease of -16.74% from the same quarter last year. In Q2, Shoals Technologies Group's net income was $11.80M. See Shoals Technologies Group’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 454.70M$ 488.94M$ 326.94M$ 213.21M$ 175.52M$ 144.50M
Cost of Revenue
$ 308.71M$ 320.63M$ 195.63M$ 130.57M$ 108.97M$ 100.28M
Gross Profit
$ 145.99M$ 168.30M$ 131.31M$ 82.64M$ 66.55M$ 44.21M
Operating Expense
$ 94.52M$ 89.27M$ 64.98M$ 46.41M$ 29.27M$ 17.28M
Operating Income
$ 51.46M$ 79.03M$ 66.33M$ 36.23M$ 37.28M$ 26.93M
Net Non Operating Interest Income Expense
$ 32.24M$ 24.10M$ -18.54M$ -14.55M$ -3.51M$ -1.79M
Other Income Expense
$ -28.00M$ -22.10M$ 104.21M$ 15.99M--
Pretax Income
$ 35.50M$ 54.94M$ 152.00M$ 5.69M$ 33.77M$ 25.14M
Tax Provision
$ 9.11M$ 12.27M$ 8.99M$ 86.00K$ 0.00-
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ 23.33M$ 39.97M$ 127.61M$ 2.35M$ 33.77M$ 25.14M
Basic EPS
$ 0.13$ 0.24$ 1.11-$ 0.37$ 0.15
Diluted EPS
$ 0.13$ 0.24$ 0.85-$ 0.37$ 0.15
Basic Average Shares
$ 680.64M$ 164.16M$ 114.50M$ 99.27M$ 90.99M$ 166.59M
Diluted Average Shares
$ 681.28M$ 164.50M$ 167.63M$ 99.27M$ 90.99M$ 166.59M
Dividend Per Share
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Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 86.05M$ 409.90M$ 260.61M$ 176.98M$ 138.24M$ 117.57M
Net Income From Continuing And Discontinued Operation
$ 23.33M$ 39.97M$ 127.61M$ 2.35M$ 33.77M$ 25.14M
Normalized Income
$ 18.40M---$ 33.77M$ 25.14M
Interest Expense
----$ 3.51M$ 1.79M
EBIT
$ 16.53M$ 79.03M$ 170.54M$ 20.24M$ 37.28M$ 26.93M
EBITDA
$ 28.14M$ 89.56M$ 181.05M$ 36.26M$ 46.68M$ 36.09M
Currency in USD

Shoals Technologies Group Earnings and Revenue History

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