SHLS FY 2024 Earnings — Shoals Technologies Group, Inc. Revenue & Financial Results | Market Cap Arena

SHLSShoals Technologies Group, Inc.

$1B

FY 2024 Earnings

Income Statement

Revenue

$399M-18.4% YoY

Gross Profit

$142M35.6% margin

Operating Income

$51M12.8% margin

Net Income

$24M6.0% margin

EPS (Diluted)

$0.14

Cash Flow

Operating Cash Flow

$80M

Free Cash Flow

$72M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$793M

Total Liabilities

$236M

Stockholders' Equity

$557M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$399M	$489M	-18.4%
Gross Profit	$142M	$168M	-15.6%
Operating Income	$51M	$79M	-35.3%
Net Income	$24M	$40M	-39.6%