Solo Brands Inc
NYSE:DTC
Income Statement
Earnings Waterfall
Solo Brands Inc
Revenue
|
494.8m
USD
|
Cost of Revenue
|
-192.6m
USD
|
Gross Profit
|
302.2m
USD
|
Operating Expenses
|
-281m
USD
|
Operating Income
|
21.1m
USD
|
Other Expenses
|
-132.5m
USD
|
Net Income
|
-111.3m
USD
|
Income Statement
Solo Brands Inc
Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue |
404
N/A
|
328
-19%
|
464
+41%
|
497
+7%
|
518
+4%
|
524
+1%
|
519
-1%
|
527
+2%
|
495
-6%
|
|
Gross Profit | ||||||||||
Cost of Revenue |
(145)
|
(127)
|
(176)
|
(185)
|
(200)
|
(200)
|
(199)
|
(203)
|
(193)
|
|
Gross Profit |
259
N/A
|
202
-22%
|
288
+43%
|
312
+8%
|
318
+2%
|
324
+2%
|
320
-1%
|
324
+1%
|
302
-7%
|
|
Operating Income | ||||||||||
Operating Expenses |
(187)
|
(183)
|
(257)
|
(290)
|
(287)
|
(317)
|
(282)
|
(284)
|
(281)
|
|
Selling, General & Administrative |
(160)
|
(157)
|
(226)
|
(257)
|
(259)
|
(258)
|
(252)
|
(254)
|
(249)
|
|
Depreciation & Amortization |
(18)
|
(16)
|
(22)
|
(23)
|
(25)
|
(25)
|
(25)
|
(26)
|
(27)
|
|
Other Operating Expenses |
(9)
|
(10)
|
(9)
|
(10)
|
(4)
|
(34)
|
(5)
|
(4)
|
(5)
|
|
Operating Income |
72
N/A
|
18
-74%
|
31
+70%
|
22
-30%
|
31
+42%
|
7
-78%
|
38
+456%
|
40
+5%
|
21
-47%
|
|
Pre-Tax Income | ||||||||||
Interest Income Expense |
(10)
|
(6)
|
(7)
|
(7)
|
(6)
|
(8)
|
(9)
|
(10)
|
(11)
|
|
Non-Reccuring Items |
(3)
|
0
|
(33)
|
(31)
|
(31)
|
0
|
0
|
0
|
(249)
|
|
Total Other Income |
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
6
|
7
|
7
|
|
Pre-Tax Income |
59
N/A
|
12
-79%
|
(9)
N/A
|
(17)
-76%
|
(7)
+60%
|
(1)
+80%
|
35
N/A
|
36
+6%
|
(232)
N/A
|
|
Net Income | ||||||||||
Tax Provision |
(2)
|
(1)
|
1
|
2
|
(1)
|
(2)
|
(7)
|
(1)
|
36
|
|
Income from Continuing Operations |
57
|
11
|
(9)
|
(15)
|
(8)
|
(4)
|
28
|
35
|
(195)
|
|
Income to Minority Interest |
(8)
|
(6)
|
1
|
4
|
3
|
1
|
(11)
|
(11)
|
84
|
|
Net Income (Common) |
11
N/A
|
(33)
N/A
|
(45)
-36%
|
(48)
-8%
|
(5)
+90%
|
(2)
+59%
|
17
N/A
|
24
+36%
|
(111)
N/A
|
|
EPS (Diluted) |
0.11
N/A
|
-0.52
N/A
|
-0.7
-35%
|
-0.76
-9%
|
-0.08
+89%
|
-0.03
+63%
|
0.28
N/A
|
0.4
+43%
|
-1.84
N/A
|