SHLS Q4 2021 Earnings — Shoals Technologies Group, Inc. Revenue & Financial Results | Market Cap Arena

SHLSShoals Technologies Group, Inc.

$1B

Q4 2021 Earnings

Income Statement

Revenue

$48M+24.0% YoY

Gross Profit

$16M33.1% margin

Operating Income

$3M5.6% margin

Net Income

-$2M-3.8% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

-19.7%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$953,000

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$426M

Total Liabilities

$434M

Stockholders' Equity

$3M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$48M	$39M	+24.0%
Gross Profit	$16M	$15M	+7.3%
Operating Income	$3M	$7M	-62.5%
Net Income	-$2M	$4M	-143.3%

Revenue Segments

System Solutions

$33M68%

Solar Components

$15M32%