SHLS Q2 2021 Earnings — Shoals Technologies Group, Inc. Revenue & Financial Results | Market Cap Arena

SHLSShoals Technologies Group, Inc.

$1B

Q2 2021 Earnings

Income Statement

Revenue

$60M+37.5% YoY

Gross Profit

$26M43.8% margin

Operating Income

$14M23.6% margin

Net Income

$5M7.6% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

+31.0%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$3M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$274M

Total Liabilities

$308M

Stockholders' Equity

-$15M

Cash & Equivalents

$13M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$60M	$43M	+37.5%
Gross Profit	$26M	$17M	+55.6%
Operating Income	$14M	$5M	+158.8%
Net Income	$5M	$5M	-12.7%

Revenue Segments

System Solutions

$51M86%

Solar Components

$8M14%