Shoals Technologies Group, Inc.
NASDAQ:SHLS
3.4 (USD) • At close April 24, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q1 | 2019 Q4 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets: | ||||||||||||||||||||
| Current Assets: | ||||||||||||||||||||
| Cash & Cash Equivalents
| 23.511 | 11.106 | 3.189 | 15.236 | 22.707 | 9.224 | 5.86 | 6.46 | 8.766 | 11.202 | 10.094 | 2.534 | 5.006 | 14.189 | 13.171 | 4.227 | 10.073 | 4.245 | -7.082 | 7.082 |
| Short Term Investments
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.164 | 0 |
| Cash and Short Term Investments
| 23.511 | 11.106 | 3.189 | 15.236 | 22.707 | 9.224 | 5.86 | 6.46 | 8.766 | 11.202 | 10.094 | 2.534 | 5.006 | 14.189 | 13.171 | 4.227 | 10.073 | 4.245 | 7.082 | 7.082 |
| Net Receivables
| 99.015 | 109.093 | 109.276 | 126.809 | 147.254 | 137.392 | 118.763 | 95.076 | 67.288 | 83.213 | 72.407 | 73.036 | 45.032 | 55.142 | 49.774 | 38.133 | 30.798 | 36.96 | 0 | 29.797 |
| Inventory
| 55.977 | 65.854 | 60.006 | 59.565 | 52.804 | 60.961 | 68.312 | 73.729 | 72.854 | 81.158 | 64.961 | 49.479 | 38.368 | 27.832 | 21.272 | 21.092 | 15.121 | 11.299 | 0 | 8.834 |
| Other Current Assets
| 9.849 | 4.716 | 4.784 | 6.872 | 4.421 | 6.664 | 7.18 | 8.094 | 4.632 | 7.608 | 8.827 | 12.651 | 5.042 | 11.706 | 7.292 | 6.512 | 0.155 | -4.872 | 0 | 0.798 |
| Total Current Assets
| 188.352 | 190.769 | 177.255 | 208.482 | 227.186 | 214.241 | 200.115 | 183.359 | 153.54 | 183.181 | 156.289 | 137.7 | 93.448 | 108.869 | 91.509 | 69.964 | 56.147 | 52.632 | 7.082 | 46.511 |
| Non-Current Assets: | ||||||||||||||||||||
| Property, Plant & Equipment, Net
| 28.222 | 28.055 | 26.932 | 26.213 | 27.707 | 22.789 | 20.198 | 18.388 | 16.87 | 16.596 | 16.83 | 16.032 | 15.574 | 14.358 | 13.622 | 13.16 | 12.763 | 12.704 | 0 | 10.947 |
| Goodwill
| 69.941 | 69.941 | 69.941 | 69.941 | 69.941 | 69.941 | 69.941 | 69.941 | 69.941 | 69.941 | 69.941 | 69.436 | 69.436 | 69.321 | 50.176 | 50.176 | 50.176 | 50.176 | 0 | 50.176 |
| Intangible Assets
| 41.083 | 42.979 | 44.876 | 46.772 | 48.668 | 50.564 | 52.542 | 54.563 | 56.585 | 58.606 | 60.727 | 62.966 | 65.236 | 67.508 | 67.996 | 69.992 | 71.988 | 73.985 | 0 | 79.973 |
| Goodwill and Intangible Assets
| 111.024 | 112.92 | 114.817 | 116.713 | 118.609 | 120.505 | 122.483 | 124.504 | 126.526 | 128.547 | 130.668 | 132.402 | 134.672 | 136.829 | 118.172 | 120.168 | 122.164 | 124.161 | 0 | 130.149 |
| Long Term Investments
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.325 | 4.551 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax Assets
| 454.16 | 460.011 | 461.676 | 465.7 | 479.701 | 477.073 | 470.329 | 476.283 | 291.634 | 177.112 | 175.059 | 175.539 | 176.958 | 121.545 | 49.573 | 48.492 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets
| 11.322 | 9.546 | 7.757 | 8.198 | 2.296 | 5.54 | 5.695 | 6.067 | 6.325 | 24.456 | 17.771 | 6.474 | 1.211 | 1.204 | 0.84 | 0.475 | 4.236 | 0 | -7.082 | 0 |
| Total Non-Current Assets
| 604.728 | 610.532 | 611.182 | 616.824 | 628.313 | 625.907 | 618.705 | 625.242 | 441.355 | 346.711 | 340.328 | 336.772 | 332.966 | 273.936 | 182.207 | 182.295 | 139.163 | 136.865 | -7.082 | 141.096 |
| Total Assets
| 793.08 | 801.301 | 788.437 | 825.306 | 855.499 | 840.148 | 818.82 | 808.601 | 594.895 | 529.892 | 496.617 | 474.472 | 426.414 | 382.805 | 273.716 | 252.259 | 195.31 | 189.497 | 0 | 187.607 |
| Liabilities & Equity: | ||||||||||||||||||||
| Current Liabilities: | ||||||||||||||||||||
| Account Payables
| 20.032 | 23.743 | 16.187 | 15.728 | 14.396 | 16.615 | 16.239 | 21.936 | 9.481 | 21.383 | 24.258 | 17.879 | 19.985 | 18.664 | 14.224 | 12.941 | 14.634 | 10.668 | 0 | 10.383 |
| Short Term Debt
| 0 | 0 | 0 | 0 | 3.14 | 2 | 2 | 2 | 3.162 | 2 | 2 | 2 | 2 | 2 | 3.5 | 3.5 | 3.5 | 6.9 | 0 | 12.894 |
| Tax Payables
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue
| 18.737 | 20.562 | 21.244 | 21.834 | 22.228 | 27.025 | 31.298 | 23.45 | 23.259 | 3.583 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities
| 42.143 | 47.608 | 40.831 | 42.06 | 52.866 | 38.77 | 27.65 | 17.382 | 16.72 | 46.99 | 28.88 | 18.829 | 9.569 | 15.112 | 9.499 | 8.534 | 5.967 | 5.866 | 0 | 1.264 |
| Total Current Liabilities
| 80.912 | 91.913 | 78.262 | 79.622 | 92.63 | 84.41 | 77.187 | 64.768 | 52.622 | 70.373 | 55.138 | 38.708 | 31.554 | 35.776 | 27.223 | 24.975 | 24.101 | 23.434 | 0 | 24.541 |
| Non-Current Liabilities: | ||||||||||||||||||||
| Long Term Debt
| 141.75 | 141.75 | 146.75 | 168.75 | 181.561 | 191.738 | 212.228 | 237.753 | 240.319 | 278.482 | 278.501 | 283.926 | 245.053 | 250.276 | 237.859 | 228.45 | 355.332 | 346.579 | 0 | 13.16 |
| Deferred Revenue Non-Current
| 0 | 0 | 0 | 0 | 2.116 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities Non-Current
| 0 | 0 | 0 | 0 | 11.506 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities
| 13.618 | 22.442 | 18.839 | 22.957 | 24.806 | 39.36 | 0 | 0 | 0.965 | 158.367 | 154.538 | 153.286 | 157.305 | 107.88 | 43.356 | 41.692 | 0 | 0 | 0 | 0 |
| Total Non-Current Liabilities
| 155.368 | 164.192 | 165.589 | 191.707 | 217.873 | 231.098 | 212.228 | 237.753 | 241.284 | 436.849 | 433.039 | 437.212 | 402.358 | 358.156 | 281.215 | 270.142 | 355.332 | 346.579 | 0 | 13.16 |
| Total Liabilities
| 236.28 | 256.105 | 243.851 | 271.329 | 310.503 | 315.508 | 289.415 | 302.521 | 293.906 | 507.222 | 488.177 | 475.92 | 433.912 | 393.932 | 308.438 | 295.117 | 379.433 | 370.013 | 0 | 37.701 |
| Equity: | ||||||||||||||||||||
| Preferred Stock
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock
| 0.002 | 0.002 | 0.002 | 0.002 | 0.002 | 0.002 | 0.002 | 0.002 | 0.002 | 0.002 | 0.002 | 0.002 | 0.002 | 0.002 | 0.002 | 0.002 | 0 | 175.288 | 0 | 149.906 |
| Retained Earnings
| 98.579 | 90.761 | 91.028 | 79.226 | 74.452 | 57.87 | 67.698 | 48.774 | 34.478 | -78.133 | -86.091 | -90.493 | -93.133 | -91.296 | -93.782 | -98.34 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income/Loss
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | -3.673 | 149.906 | -2.644 |
| Other Total Stockholders Equity
| 458.219 | 454.433 | 453.556 | 474.749 | 470.542 | 466.768 | 461.705 | 457.304 | 256.894 | 104.539 | 101.243 | 98.376 | 95.684 | 92.149 | 78.883 | 78.073 | -184.123 | -176.843 | 0 | 2.644 |
| Total Shareholders Equity
| 556.8 | 545.196 | 544.586 | 553.977 | 544.996 | 524.64 | 529.405 | 506.08 | 291.374 | 26.408 | 15.154 | 7.885 | 2.553 | 0.855 | -14.897 | -20.265 | -184.123 | -180.516 | 149.906 | 149.906 |
| Total Equity
| 556.8 | 545.196 | 544.586 | 553.977 | 544.996 | 524.64 | 529.405 | 506.08 | 300.989 | 22.67 | 8.44 | -1.448 | -7.498 | -11.127 | -34.722 | -42.858 | -184.123 | -180.516 | 149.906 | 149.906 |
| Total Liabilities & Shareholders Equity
| 793.08 | 801.301 | 788.437 | 825.306 | 855.499 | 840.148 | 818.82 | 808.601 | 594.895 | 529.892 | 496.617 | 474.472 | 426.414 | 382.805 | 273.716 | 252.259 | 195.31 | 189.497 | 149.906 | 187.607 |