SHLS FY 2022 Earnings — Shoals Technologies Group, Inc. Revenue & Financial Results | Market Cap Arena

SHLSShoals Technologies Group, Inc.

$1B

FY 2022 Earnings

Income Statement

Revenue

$327M+53.3% YoY

Gross Profit

$131M40.2% margin

Operating Income

$66M20.3% margin

Net Income

$128M39.0% margin

EPS (Diluted)

$0.85

Cash Flow

Operating Cash Flow

$39M

Free Cash Flow

$36M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$595M

Total Liabilities

$294M

Stockholders' Equity

$291M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$327M	$213M	+53.3%
Gross Profit	$131M	$83M	+58.9%
Operating Income	$66M	$36M	+83.1%
Net Income	$128M	$2M	+5334.9%