|
Revenue
|
|
$175.5m
|
$213.2m
|
$326.9m
|
$488.9m
|
$399.2m
|
$475.3m
|
|
Cost of revenue
|
|
$109.0m
|
$130.6m
|
$195.6m
|
$320.6m
|
$257.2m
|
$308.8m
|
|
Gross profit
|
|
$66.5m
|
$82.6m
|
$131.3m
|
$168.3m
|
$142.0m
|
$166.5m
|
|
Total operating expenses
|
|
$29.3m
|
$46.4m
|
$65.0m
|
$89.3m
|
$90.8m
|
$110.1m
|
|
Income from operations
|
|
$37.3m
|
$36.2m
|
$66.3m
|
$79.0m
|
$51.2m
|
$56.4m
|
|
Depreciation and amortization
|
|
$8.3m
|
$8.5m
|
$9.1m
|
$8.6m
|
$8.6m
|
$8.6m
|
|
Interest income
|
|
—
|
—
|
$0
|
$0
|
$518k
|
$305k
|
|
Gain on sale of assets
|
|
—
|
—
|
—
|
$0
|
$0
|
$1.8m
|
|
Foreign currency (loss) gain, net
|
|
—
|
—
|
—
|
$0
|
$0
|
($13k)
|
|
Income before income taxes
|
|
$33.8m
|
$4.0m
|
$152.0m
|
$54.9m
|
$37.9m
|
$48.5m
|
|
Net income
|
|
$33.8m
|
$3.9m
|
$143.0m
|
$42.7m
|
$24.1m
|
$33.6m
|
|
Less: net income attributable to non-controlling interests
|
|
$0
|
$1.6m
|
$15.4m
|
$2.7m
|
$0
|
$0
|
|
Net income attributable to Shoals Technologies Group, Inc.
|
|
$33.8m
|
$2.3m
|
$127.6m
|
$40.0m
|
$24.1m
|
$33.6m
|
|
Basic (in USD per share)
|
|
—
|
$0.04
|
$1.25
|
$0.26
|
$0.14
|
$0.20
|
|
Diluted (in USD per share)
|
|
—
|
$0.04
|
$0.85
|
$0.26
|
$0.14
|
$0.20
|
|
General and administrative expenses
|
|
$21.0m
|
$37.9m
|
$55.9m
|
$80.7m
|
$82.3m
|
$101.5m
|
|
Interest expense
|
|
—
|
—
|
($18.5m)
|
($24.1m)
|
($13.8m)
|
($10.0m)
|
|
Income tax expense
|
|
$0
|
($86k)
|
($9.0m)
|
($12.3m)
|
($13.7m)
|
($14.9m)
|