SWIM Q3 2024 Earnings — Latham Group, Inc. Revenue & Financial Results | Market Cap Arena

SWIMLatham Group, Inc.

$746M

Q3 2024 Earnings

Industrials Construction

Income Statement

Revenue

$150M-6.4% YoY

Gross Profit

$49M32.4% margin

Operating Income

$13M8.9% margin

Net Income

$6M3.9% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

-6.0%

Cash Flow

Operating Cash Flow

$37M

Free Cash Flow

$33M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$853M

Total Liabilities

$437M

Stockholders' Equity

$417M

Cash & Equivalents

$60M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$150M	$161M	-6.4%
Gross Profit	$49M	$48M	+1.1%
Operating Income	$13M	$18M	-26.0%
Net Income	$6M	$6M	-4.2%

Revenue Segments

In-Ground Swimming Pools

$75M50%

Covers

$48M32%

Liners

$28M19%