Latham Group, Inc. (SWIM)

Latham Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 29, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	509.31	508.52	566.49	695.74	630.46	403.39
Revenue Growth (YoY)	-5.58%	-10.23%	-18.58%	10.35%	56.29%	26.86%
Cost of Revenue	353.28	354.78	413.55	479.27	426.29	260.62
Gross Profit	156.04	153.74	152.94	216.47	204.16	142.77
Selling, General & Admin	112.73	108.36	110.3	146.84	217.78	85.53
Operating Expenses	140.62	135.47	136.82	175.02	240.34	102.87
Operating Income	15.42	18.28	16.13	41.45	-36.18	39.9
Interest Expense	-26.23	-24.84	-30.92	-15.75	-24.43	-18.25
Earnings From Equity Investments	3.7	4.06	3.72	4.23	2.22	-
Currency Exchange Gain (Loss)	-4.22	-6.22	0.11	-2.53	-1.15	0.91
Other Non Operating Income (Expenses)	-0.12	-0.01	0.89	-10.2	2.11	-
EBT Excluding Unusual Items	-11.45	-8.74	-10.06	17.19	-57.43	22.56
Gain (Loss) on Sale of Investments	-	-	-	-	3.9	-
Other Unusual Items	-	-	-	-3.47	-	0.2
Pretax Income	-11.45	-8.74	-10.06	13.72	-53.53	22.76
Income Tax Expense	4.51	9.12	-7.67	19.42	8.82	6.78
Net Income	-15.96	-17.86	-2.39	-5.69	-62.35	15.98
Net Income to Common	-15.96	-17.86	-2.39	-5.69	-62.35	15.98
Net Income Growth	-	-	-	-	-	114.34%
Shares Outstanding (Basic)	116	115	113	113	111	102
Shares Outstanding (Diluted)	116	115	113	113	111	103
Shares Change (YoY)	1.77%	2.25%	-0.30%	2.35%	7.84%	7.55%
EPS (Basic)	-0.14	-0.15	-0.02	-0.05	-0.56	0.16
EPS (Diluted)	-0.14	-0.15	-0.02	-0.05	-0.56	0.16
EPS Growth	-	-	-	-	-	100.47%
Free Cash Flow	30.71	41.19	83.18	-7.38	8.72	46.9
Free Cash Flow Per Share	0.27	0.36	0.74	-0.07	0.08	0.46
Dividend Per Share	-	-	-	-	1.000	-
Gross Margin	30.64%	30.23%	27.00%	31.11%	32.38%	35.39%
Operating Margin	3.03%	3.59%	2.85%	5.96%	-5.74%	9.89%
Profit Margin	-3.13%	-3.51%	-0.42%	-0.82%	-9.89%	3.96%
Free Cash Flow Margin	6.03%	8.10%	14.68%	-1.06%	1.38%	11.63%
EBITDA	61.89	62.72	56.88	79.62	-3.95	65.26
EBITDA Margin	12.15%	12.33%	10.04%	11.44%	-0.63%	16.18%
D&A For EBITDA	46.47	44.45	40.75	38.18	32.23	25.37
EBIT	15.42	18.28	16.13	41.45	-36.18	39.9
EBIT Margin	3.03%	3.59%	2.85%	5.96%	-5.74%	9.89%
Effective Tax Rate	-	-	-	141.50%	-	29.77%
Advertising Expenses	-	8.5	9.2	9.8	7.6	5.9

Updated Mar 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q