Solo Brands
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Solo Brands's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 4% to $494,776,000. Profit margin reached -23%. Total operating expenses were $530,002,000.
Profit Margin
| 2019 | 39.85M | -29.54M | -74.12% |
|---|---|---|---|
| 2020 | 133.42M | -24.20M | -18.14% |
| 2021 | 403.71M | 48.65M | 12.05% |
| 2022 | 517.62M | -7.62M | -1.47% |
| 2023 | 494.77M | -111.34M | -22.5% |
DTC Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 494.77M | 517.62M | 403.71M | 133.42M | 39.85M |
Cost of revenue | 192.62M | 199.45M | 144.80M | 46.45M | 17.21M |
Gross profit | 302.15M | 318.17M | 258.90M | 86.97M | 22.63M |
Operating exp. | |||||
Research and development | 0 | 1.1M | 300K | 0 | 0 |
Selling and marketing | 96.9M | 93.4M | 74.5M | 17.8M | 6.5M |
Total operating expenses | 530.00M | 287.22M | 190.04M | 107.42M | 51.30M |
Operating income | -227.85M | 61.54M | 68.86M | -20.45M | -28.66M |
Other income (expenses), net | -3.70M | -68.16M | -10.34M | -3.64M | -872K |
Income before tax | -231.55M | -6.61M | 58.52M | -24.10M | -29.53M |
Income tax expense | -36.22M | 1.00M | 2.02M | 99K | 3K |
Net income | -111.34M | -7.62M | 48.65M | -24.20M | -29.54M |
Earnings per share | |||||
Basic EPS | -1.84 | -0.12 | 0.51 | -0.25 | -0.31 |
Diluted EPS | -1.84 | -0.12 | 0.51 | -0.25 | -0.31 |
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