SWIM Q3 2022 Earnings — Latham Group, Inc. Revenue & Financial Results | Market Cap Arena

SWIMLatham Group, Inc.

$746M

Q3 2022 Earnings

Industrials Construction

Income Statement

Revenue

$189M+16.9% YoY

Gross Profit

$59M31.1% margin

Operating Income

$25M13.2% margin

Net Income

$12M6.3% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

-8.4%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$8M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$921M

Total Liabilities

$522M

Stockholders' Equity

$398M

Cash & Equivalents

$31M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$189M	$162M	+16.9%
Gross Profit	$59M	$51M	+15.5%
Operating Income	$25M	-$3M	+1073.2%
Net Income	$12M	-$11M	+205.1%

Revenue Segments

In-ground Swimming Pools

$102M54%

Covers

$52M27%

Liners

$35M19%