← Latham Group, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Total Revenue $318.0m $403.4m $630.5m $695.7m $566.5m $508.5m $545.9m $477.4m
Cost of Goods and Services Sold $219.8m $260.6m $426.3m $479.3m $413.5m $354.8m $363.8m $315.3m
Cost of sales $219.8m $260.6m $426.3m $479.3m $413.5m $354.8m $363.8m $315.3m
Cost of revenues — $196.0m $204.6m $321.7m $370.9m $341.8m $317.3m $315.3m
Cost Of Revenue $219.8m $260.6m $426.3m $479.3m $413.5m $354.8m $363.8m $315.3m
Reconciled Cost Of Revenue — — — $469.3m $399.3m $337.4m $341.4m —
Gross Profit $98.2m $142.8m $204.2m $216.5m $152.9m $153.7m $182.1m $162.1m
Operating Income (Loss) $25.1m $39.9m ($36.2m) $30.0m $16.1m $18.3m $30.6m ($28.1m)
Additional Financial Items
Amortization of Intangible Assets $15.6m $17.3m $22.6m $28.2m $26.5m $27.1m $28.9m —
Foreign Currency Transaction Gain (Loss), before Tax — — — — — ($6.2m) $4.1m —
Income (Loss) from Continuing Operations before Income Taxes, Domestic — $19.6m ($68.3m) $2.6m ($16.3m) $559k $9.2m —
Income (Loss) from Equity Method Investments — — $2.2m $4.2m $3.7m $4.1m $5.2m —
Amortization $15.6m $17.3m $22.6m $28.2m $26.5m $27.1m $28.9m —
Earnings from equity method investment — — $2.2m $4.2m $3.7m $4.1m $5.2m —
Income (loss) before income taxes $2.8m $22.8m ($53.5m) $13.7m ($10.1m) ($8.7m) $13.5m —
Basic (in shares) $95.0m $101.6m $110.6m $113.2m $112.9m $115.4m $116.4m —
Diluted (in shares) $95.4m $102.6m $110.6m $113.2m $112.9m $115.4m $119.8m —
Gross margin — $83.0m $83.0m $116.2m $151.8m $149.3m $156.1m $162.1m
Depreciation — $3.4m $3.8m $5.4m $6.5m $5.9m $4.5m $3.5m
Amortization of intangibles — $11.3m $11.7m $14.3m $27.5m $23.1m $18.9m $18.6m
Impairment loss — — — — — — $5.1m $41.1m
Foreign exchange loss (gain) — ($161k) $473k ($26k) $159k $102k ($258k) $674k
(Loss) earnings before income taxes — ($42.6m) ($19.6m) ($18.6m) ($36.4m) ($16.6m) $4.1m ($37.6m)
Current — $237k $1.5m ($20k) $569k $317k $1.3m $2.7m
Deferred — ($3.2m) ($3.8m) ($3.0m) ($6.8m) ($256k) $1.5m ($1.5m)
Effective income tax rate — ($3.0m) ($2.3m) ($3.0m) ($6.3m) $61k $2.8m $1.2m
Net (loss) earnings — ($39.7m) ($17.3m) ($15.5m) ($30.1m) ($16.7m) $1.3m ($38.8m)
Cumulative translation adjustment on consolidation of foreign subsidiaries — — ($6.6m) ($439k) $5.6m ($4k) $3.4m ($1.9m)
Comprehensive (loss) income — — ($24.0m) ($16.0m) ($24.5m) ($16.7m) $4.7m ($40.7m)
Impairment of goodwill — — — — — $0 $5.1m —
Gain on recovery of note receivable — $0 ($660k) $0 — — — —
Impairment of intangibles and goodwill — $28.0m $0 — — — — —
Profit (loss) from operating activities — ($41.0m) ($17.0m) — — — — —
Gains (losses) recognised when control of subsidiary is lost — ($681k) $0 — — — — —
Amortization Of Intangibles Income Statement $15.6m $17.3m $22.6m $28.2m $26.5m $27.1m $28.9m —
Depreciation Amortization Depletion Income Statement $15.6m $17.3m $22.6m $28.2m $26.5m $27.1m $28.9m —
Depreciation And Amortization In Income Statement $15.6m $17.3m $22.6m $28.2m $26.5m $27.1m $28.9m —
Diluted EPS $0.08 $0.16 ($0.56) ($0.05) ($0.02) ($0.15) $0.09 ($0.40)
Diluted NI Availto Com Stockholders $7.5m $16.0m ($62.3m) ($5.7m) ($2.4m) ($17.9m) $11.1m —
Earnings From Equity Interest — — $2.2m $4.2m $3.7m $4.1m $5.2m —
Net Income From Continuing And Discontinued Operation $7.5m $16.0m ($62.3m) ($5.7m) ($2.4m) ($17.9m) $11.1m —
Net Income From Continuing Operation Net Minority Interest $7.5m $16.0m ($62.3m) ($5.7m) ($2.4m) ($17.9m) $11.1m —
Net Interest Income — — — ($15.8m) ($30.9m) ($24.8m) ($25.8m) —
Normalized EBITDA — — — $71.1m $61.6m $60.5m $90.6m —
Normalized Income — — — ($3.0m) ($2.4m) ($17.9m) $11.1m —
Reconciled Depreciation — — — $38.2m $40.8m $44.4m $51.4m —
Selling General And Administration $57.4m $85.5m $217.8m $146.8m $110.3m $108.4m $122.6m —
Special Income Charges — — $0 ($3.5m) $0 $0 — —
Tax Effect Of Unusual Items — — — ($728k) $0 $0 $0 —
Tax Provision ($4.7m) $6.8m $8.8m $19.4m ($7.7m) $9.1m $2.4m —
Tax Rate For Calcs — — — $0 $0 $0 $0 —
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $2.8m $22.8m ($53.5m) $13.7m ($10.1m) ($8.7m) $13.5m —
Total Unusual Items — — $0 ($3.5m) $0 $0 — —
Total Unusual Items Excluding Goodwill — — $0 ($3.5m) $0 $0 — —
Pre-Tax Income $2.8m $22.8m ($53.5m) $13.7m ($10.1m) ($8.7m) $13.5m —
Net Income Continuous Operations $7.5m $16.0m ($62.3m) ($5.7m) ($2.4m) ($17.9m) $11.1m —
Net Income (Loss) Attributable to Parent $7.5m $16.0m ($62.3m) ($5.7m) ($2.4m) ($17.9m) $11.1m —
Net Income Including Noncontrolling Interests $7.5m $16.0m ($62.3m) ($5.7m) ($2.4m) ($17.9m) $11.1m —
Earnings Per Share, Basic $0.08 $0.16 ($0.56) ($0.05) ($0.02) ($0.15) $0.10 ($0.40)
Earnings Per Share, Diluted $0.08 $0.16 ($0.56) ($0.05) ($0.02) ($0.15) $0.09 ($0.40)
Common Stock, Dividends, Per Share, Declared $0.08 $0.16 $1.00 ($0.05) ($0.02) ($0.15) $0.10 ($0.40)
Weighted Average Number of Shares Outstanding, Basic 95.0m 101.6m 110.6m 113.2m 112.9m 115.4m 116.4m —
Basic Average Shares $95.0m $101.6m $110.6m $113.2m $112.9m $115.4m $116.4m —
Diluted Average Shares $95.4m $102.6m $110.6m $113.2m $112.9m $115.4m $119.8m —
Weighted Average Number of Shares Outstanding, Diluted 95.4m 102.6m 110.6m 113.2m 112.9m 115.4m 119.8m —
Selling, General and Administrative Expense $57.4m $85.5m $217.8m $146.8m $110.3m $108.4m $122.6m —
Selling, general and administrative expenses — $76.8m $81.7m $98.8m $126.5m $121.6m $116.1m $122.2m
Other Nonoperating Income (Expense) — $1.1m $4.9m ($1.3m) $1.0m ($6.2m) $3.5m —
Nonoperating Income (Expense) — ($17.1m) ($19.6m) ($20.5m) ($29.9m) ($31.1m) ($22.3m) —
Other (income) expense, net ($300k) ($1.1m) ($4.9m) $1.3m ($1.0m) $6.2m ($3.5m) —
Business acquisition, integration and reorganization costs (recovery) — — $2.3m $11.6m $18.1m $3.4m ($1.2m) $4.1m
Net financial expenses — $2.3m $3.3m $4.6m $9.3m $11.9m $8.9m $9.5m
Operating expense — $123.9m $100.0m $130.1m $178.8m $154.1m $151.5m —
Business Acquisition And Integration Costs — $4.6m $2.3m — — — — —
Interest Expense (non-operating) — — $24.4m $15.8m $30.9m $24.8m $25.8m —
Interest Expense — — $24.4m $15.8m $30.9m $24.8m $25.8m —
Interest expense, net — — $24.4m $15.8m $30.9m $24.8m $25.8m —
Current Income Tax Expense (Benefit) — $11.4m $20.8m $23.2m $2.0m $10.8m ($41k) —
Net Non Operating Interest Income Expense — — — ($15.8m) ($30.9m) ($24.8m) ($25.8m) —
Other Income Expense — — — ($536k) $4.7m ($2.2m) $8.7m —
Other Non Operating Income Expenses — $1.1m $4.9m ($1.3m) $1.0m ($6.2m) $3.5m —
Total other expense, net $22.3m $17.1m $19.6m $20.5m $29.9m $31.1m $22.3m —
Income Tax Expense (Benefit) ($4.7m) $6.8m $8.8m $19.4m ($7.7m) $9.1m $2.4m —
Total Expenses — — — $665.7m $550.4m $490.2m $515.3m —

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.