SWIM Q4 2022 Earnings — Latham Group, Inc. Revenue & Financial Results | Market Cap Arena

SWIMLatham Group, Inc.

$746M

Q4 2022 Earnings

Industrials Construction

Income Statement

Revenue

$108M-22.3% YoY

Gross Profit

$19M17.9% margin

Operating Income

-$20M-18.9% margin

Net Income

-$19M-17.6% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

-43.0%

Cash Flow

Operating Cash Flow

$27M

Free Cash Flow

$16M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$870M

Total Liabilities

$487M

Stockholders' Equity

$383M

Cash & Equivalents

$33M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$108M	$139M	-22.3%
Gross Profit	$19M	$42M	-54.4%
Operating Income	-$20M	-$11M	-87.7%
Net Income	-$19M	-$6M	-217.9%

Revenue Segments

In-ground Swimming Pools

$59M55%

Covers

$36M33%

Liners

$13M12%