SHLS Q1 2021 Earnings — Shoals Technologies Group, Inc. Revenue & Financial Results | Market Cap Arena

SHLSShoals Technologies Group, Inc.

$1B

Q1 2021 Earnings

Income Statement

Revenue

$46M+11.9% YoY

Gross Profit

$19M41.2% margin

Operating Income

$10M21.7% margin

Net Income

-$3M-6.3% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

+17.7%

Cash Flow

Operating Cash Flow

-$18M

Free Cash Flow

-$19M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$252M

Total Liabilities

$295M

Stockholders' Equity

-$20M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$46M	$41M	+11.9%
Gross Profit	$19M	$14M	+32.3%
Operating Income	$10M	$10M	+3.4%
Net Income	-$3M	$9M	-130.8%

Revenue Segments

System Solutions

$33M73%

Solar Components

$12M27%