SWIM Q3 2021 Earnings — Latham Group, Inc. Revenue & Financial Results | Market Cap Arena

SWIMLatham Group, Inc.

$742M

Q3 2021 Earnings

Industrials Construction

Income Statement

Revenue

$162M+27.0% YoY

Gross Profit

$51M31.5% margin

Operating Income

-$3M-1.6% margin

Net Income

-$11M-7.0% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

-10.5%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$9M

Stock-Based Comp.

$28M

Balance Sheet

Total Assets

$734M

Total Liabilities

$398M

Stockholders' Equity

$335M

Cash & Equivalents

$91M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$162M	$128M	+27.0%
Gross Profit	$51M	$50M	+1.4%
Operating Income	-$3M	$26M	-109.8%
Net Income	-$11M	$18M	-163.7%

Revenue Segments

In Ground Swimming Pools

$84M52%

Covers

$44M27%

Liners

$34M21%

Geographic Segments

U

$123M79%

C

$28M18%

Other Geographic Areas

$2M1%

N

$2M1%