SWIMLatham Group, Inc.

$746M

Q1 2022 Earnings

Industrials Construction

Income Statement

Revenue

$192M+28.8% YoY

Gross Profit

$71M36.9% margin

Operating Income

$7M3.5% margin

Net Income

-$3M-1.5% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+38.0%

Cash Flow

Operating Cash Flow

-$57M

Free Cash Flow

-$64M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$915M

Total Liabilities

$535M

Stockholders' Equity

$380M

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$192M	$149M	+28.8%
Gross Profit	$71M	$52M	+34.7%
Operating Income	$7M	$20M	-65.4%
Net Income	-$3M	$9M	-133.3%

Revenue Segments

In-ground Swimming Pools

$112M58%

Liners

$47M25%

Covers

$33M17%

SWIM Q1 2022 Earnings — Latham Group, Inc. Revenue & Financial Results | Market Cap Arena