SWIM Q2 2024 Earnings — Latham Group, Inc. Revenue & Financial Results | Market Cap Arena

SWIMLatham Group, Inc.

$746M

Q2 2024 Earnings

Industrials Construction

Income Statement

Revenue

$160M-9.6% YoY

Gross Profit

$53M33.1% margin

Operating Income

$20M12.5% margin

Net Income

$13M8.3% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

+44.7%

Cash Flow

Operating Cash Flow

$52M

Free Cash Flow

$48M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$830M

Total Liabilities

$422M

Stockholders' Equity

$408M

Cash & Equivalents

$91M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$160M	$177M	-9.6%
Gross Profit	$53M	$50M	+5.6%
Operating Income	$20M	$13M	+49.4%
Net Income	$13M	$6M	+132.4%

Revenue Segments

In-Ground Swimming Pools

$81M51%

Liners

$54M34%

Covers

$26M16%