← Latham Group, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $318.0m |
$403.4m
+26.86%
|
$630.5m
+56.29%
|
$695.7m
+10.35%
|
$566.5m
-18.58%
|
$508.5m
-10.23%
|
$545.9m
+7.35%
|
$477.4m
-12.55%
|
$576.6m
+20.79%
|
|
| Cost of Goods and Services Sold | $219.8m |
$260.6m
+18.56%
|
$426.3m
+63.57%
|
$479.3m
+12.43%
|
$413.5m
-13.71%
|
$354.8m
-14.21%
|
$363.8m
+2.55%
|
$315.3m
-13.34%
|
$384.2m
+21.84%
|
|
| Cost of sales | $219.8m |
$260.6m
+18.56%
|
$426.3m
+63.57%
|
$479.3m
+12.43%
|
$413.5m
-13.71%
|
$354.8m
-14.21%
|
$363.8m
+2.55%
|
$315.3m
-13.34%
|
$384.2m
+21.84%
|
|
| Cost of revenues | — | $196.0m |
$204.6m
+4.38%
|
$321.7m
+57.23%
|
$370.9m
+15.29%
|
$341.8m
-7.85%
|
$317.3m
-7.16%
|
$315.3m
-0.64%
|
$384.2m
+21.84%
|
|
| Cost Of Revenue | $219.8m |
$260.6m
+18.56%
|
$426.3m
+63.57%
|
$479.3m
+12.43%
|
$413.5m
-13.71%
|
$354.8m
-14.21%
|
$363.8m
+2.55%
|
$315.3m
-13.34%
|
$384.2m
+21.84%
|
|
| Reconciled Cost Of Revenue | — | — | — | $469.3m |
$399.3m
-14.91%
|
$337.4m
-15.50%
|
$341.4m
+1.18%
|
— | $384.2m | |
| Gross margin | — | $83.0m |
$83.0m
+0.05%
|
$116.2m
+39.91%
|
$151.8m
+30.67%
|
$149.3m
-1.62%
|
$156.1m
+4.57%
|
$162.1m
+3.81%
|
$192.5m
+18.76%
|
|
| Net Interest Income | — | — | — | ($15.8m) |
($30.9m)
-96.25%
|
($24.8m)
+19.65%
|
($25.8m)
-3.88%
|
— | ($23.0m) | |
| Gross Profit | $98.2m |
$142.8m
+45.46%
|
$204.2m
+43.00%
|
$216.5m
+6.03%
|
$152.9m
-29.35%
|
$153.7m
+0.52%
|
$182.1m
+18.44%
|
$162.1m
-10.99%
|
$192.5m
+18.76%
|
|
| Selling, general and administrative expenses | — | $76.8m | $81.7m | $98.8m | $126.5m | $121.6m | $116.1m | $122.2m | $134.2m | |
| Amortization of Intangible Assets | $15.6m | $17.3m | $22.6m | $28.2m | $26.5m | $27.1m | $28.9m | — | — | |
| Amortization of intangibles | — | $11.3m | $11.7m | $14.3m | $27.5m | $23.1m | $18.9m | $18.6m | $29.0m | |
| Amortization Of Intangibles Income Statement | $15.6m | $17.3m | $22.6m | $28.2m | $26.5m | $27.1m | $28.9m | — | $29.0m | |
| Operating Income (Loss) | $25.1m |
$39.9m
+58.80%
|
($36.2m)
-190.68%
|
$30.0m
+182.95%
|
$16.1m
-46.25%
|
$18.3m
+13.32%
|
$30.6m
+67.31%
|
($28.1m)
-191.87%
|
$29.3m
+204.21%
|
|
| Interest expense, net | — | — | $24.4m | $15.8m | $30.9m | $24.8m | $25.8m | — | $23.0m | |
| Net Non Operating Interest Income Expense | — | — | — | ($15.8m) | ($30.9m) | ($24.8m) | ($25.8m) | — | ($23.0m) | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | ($6.2m) | $4.1m | — | — | |
| Income (Loss) from Equity Method Investments | — | — | $2.2m | $4.2m | $3.7m | $4.1m | $5.2m | — | — | |
| Earnings from equity method investment | — | — | $2.2m | $4.2m | $3.7m | $4.1m | $5.2m | — | — | |
| Other Nonoperating Income (Expense) | — | $1.1m | $4.9m | ($1.3m) | $1.0m | ($6.2m) | $3.5m | — | — | |
| Nonoperating Income (Expense) | — | ($17.1m) | ($19.6m) | ($20.5m) | ($29.9m) | ($31.1m) | ($22.3m) | — | — | |
| Interest Expense (non-operating) | — | — | $24.4m | $15.8m | $30.9m | $24.8m | $25.8m | — | $23.0m | |
| Other Income Expense | — | — | — | ($536k) | $4.7m | ($2.2m) | $8.7m | — | $3.6m | |
| Total other expense, net | $22.3m | $17.1m | $19.6m | $20.5m | $29.9m | $31.1m | $22.3m | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | $19.6m | ($68.3m) | $2.6m | ($16.3m) | $559k | $9.2m | — | $9.9m | |
| Income (loss) before income taxes | $2.8m | $22.8m | ($53.5m) | $13.7m | ($10.1m) | ($8.7m) | $13.5m | — | — | |
| (Loss) earnings before income taxes | — | ($42.6m) | ($19.6m) | ($18.6m) | ($36.4m) | ($16.6m) | $4.1m | ($37.6m) | — | |
| Pre-Tax Income | $2.8m | $22.8m | ($53.5m) | $13.7m | ($10.1m) | ($8.7m) | $13.5m | — | $9.9m | |
| Effective income tax rate | — | ($3.0m) | ($2.3m) | ($3.0m) | ($6.3m) | $61k | $2.8m | $1.2m | — | |
| Current Income Tax Expense (Benefit) | — | $11.4m | $20.8m | $23.2m | $2.0m | $10.8m | ($41k) | — | $4.6m | |
| Income Tax Expense (Benefit) | ($4.7m) | $6.8m | $8.8m | $19.4m | ($7.7m) | $9.1m | $2.4m | — | $4.6m | |
| Net Income From Continuing And Discontinued Operation | $7.5m | $16.0m | ($62.3m) | ($5.7m) | ($2.4m) | ($17.9m) | $11.1m | — | $5.3m | |
| Earnings Per Share, Basic | $0.08 | $0.16 | ($0.56) | ($0.05) | ($0.02) | ($0.15) | $0.10 | ($0.40) | $0.05 | |
| Earnings Per Share, Diluted | $0.08 | $0.16 | ($0.56) | ($0.05) | ($0.02) | ($0.15) | $0.09 | ($0.40) | $0.05 | |
| Common Stock, Dividends, Per Share, Declared | $0.08 | $0.16 | $1.00 | $0.05 | $0.02 | $0.15 | $0.10 | $0.40 | — | |
| Basic (in shares) | $95.0m | $101.6m | $110.6m | $113.2m | $112.9m | $115.4m | $116.4m | — | $116.9m | |
| Diluted (in shares) | $95.4m | $102.6m | $110.6m | $113.2m | $112.9m | $115.4m | $119.8m | — | $119.9m | |
| Weighted Average Number of Shares Outstanding, Basic | 95.0m | 101.6m | 110.6m | 113.2m | 112.9m | 115.4m | 116.4m | — | 116.9m | |
| Basic Average Shares | $95.0m | $101.6m | $110.6m | $113.2m | $112.9m | $115.4m | $116.4m | — | $116.9m | |
| Diluted Average Shares | $95.4m | $102.6m | $110.6m | $113.2m | $112.9m | $115.4m | $119.8m | — | $119.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | 95.4m | 102.6m | 110.6m | 113.2m | 112.9m | 115.4m | 119.8m | — | 119.9m | |
| Additional Financial Items | ||||||||||
| Depreciation | — | $3.4m | $3.8m | $5.4m | $6.5m | $5.9m | $4.5m | $3.5m | $29.0m | |
| Impairment loss | — | — | — | — | — | — | $5.1m | $41.1m | — | |
| Foreign exchange loss (gain) | — | ($161k) | $473k | ($26k) | $159k | $102k | ($258k) | $674k | — | |
| Current | — | $237k | $1.5m | ($20k) | $569k | $317k | $1.3m | $2.7m | $4.6m | |
| Deferred | — | ($3.2m) | ($3.8m) | ($3.0m) | ($6.8m) | ($256k) | $1.5m | ($1.5m) | — | |
| Net (loss) earnings | — | ($39.7m) | ($17.3m) | ($15.5m) | ($30.1m) | ($16.7m) | $1.3m | ($38.8m) | — | |
| Cumulative translation adjustment on consolidation of foreign subsidiaries | — | — | ($6.6m) | ($439k) | $5.6m | ($4k) | $3.4m | ($1.9m) | — | |
| Comprehensive (loss) income | — | — | ($24.0m) | ($16.0m) | ($24.5m) | ($16.7m) | $4.7m | ($40.7m) | — | |
| Impairment of goodwill | — | — | — | — | — | $0 | $5.1m | — | — | |
| Gain on recovery of note receivable | — | $0 | ($660k) | $0 | — | — | — | — | — | |
| Impairment of intangibles and goodwill | — | $28.0m | $0 | — | — | — | — | — | — | |
| Profit (loss) from operating activities | — | ($41.0m) | ($17.0m) | — | — | — | — | — | — | |
| Gains (losses) recognised when control of subsidiary is lost | — | ($681k) | $0 | — | — | — | — | — | — | |
| Depreciation Amortization Depletion Income Statement | $15.6m | $17.3m | $22.6m | $28.2m | $26.5m | $27.1m | $28.9m | — | $29.0m | |
| Depreciation And Amortization In Income Statement | $15.6m | $17.3m | $22.6m | $28.2m | $26.5m | $27.1m | $28.9m | — | $29.0m | |
| Diluted EPS | $0.08 | $0.16 | ($0.56) | ($0.05) | ($0.02) | ($0.15) | $0.09 | ($0.40) | $0.05 | |
| Diluted NI Availto Com Stockholders | $7.5m | $16.0m | ($62.3m) | ($5.7m) | ($2.4m) | ($17.9m) | $11.1m | — | $5.3m | |
| Earnings From Equity Interest | — | — | $2.2m | $4.2m | $3.7m | $4.1m | $5.2m | — | $5.7m | |
| Normalized EBITDA | — | — | — | $71.1m | $61.6m | $60.5m | $90.6m | — | $85.9m | |
| Normalized Income | — | — | — | ($3.0m) | ($2.4m) | ($17.9m) | $11.1m | — | $5.3m | |
| Reconciled Depreciation | — | — | — | $38.2m | $40.8m | $44.4m | $51.4m | — | $29.0m | |
| Selling General And Administration | $57.4m | $85.5m | $217.8m | $146.8m | $110.3m | $108.4m | $122.6m | — | — | |
| Special Income Charges | — | — | $0 | ($3.5m) | $0 | $0 | — | — | $0 | |
| Tax Effect Of Unusual Items | — | — | — | ($728k) | $0 | $0 | $0 | — | $0 | |
| Tax Provision | ($4.7m) | $6.8m | $8.8m | $19.4m | ($7.7m) | $9.1m | $2.4m | — | $4.6m | |
| Tax Rate For Calcs | — | — | — | $0 | $0 | $0 | $0 | — | $0 | |
| Other (income) expense, net | ($300k) | ($1.1m) | ($4.9m) | $1.3m | ($1.0m) | $6.2m | ($3.5m) | — | $3.6m | |
| Business acquisition, integration and reorganization costs (recovery) | — | — | $2.3m | $11.6m | $18.1m | $3.4m | ($1.2m) | $4.1m | — | |
| Net financial expenses | — | $2.3m | $3.3m | $4.6m | $9.3m | $11.9m | $8.9m | $9.5m | — | |
| Operating expense | — | $123.9m | $100.0m | $130.1m | $178.8m | $154.1m | $151.5m | — | $547.4m | |
| Business Acquisition And Integration Costs | — | $4.6m | $2.3m | — | — | — | — | — | — | |
| Total Unusual Items | — | — | $0 | ($3.5m) | $0 | $0 | — | — | $0 | |
| Total Expenses | — | — | — | $665.7m | $550.4m | $490.2m | $515.3m | — | $547.4m |