DTC
Income statement / Annual
Last year (2023), Solo Brands, Inc.'s total revenue was $494.78 M,
a decrease of 4.41% from the previous year.
In 2023, Solo Brands, Inc.'s net income was -$111.35 M.
See Solo Brands, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$494.78 M
|
$517.63 M
|
$403.72 M
|
$133.43 M
|
$39.85 M
|
| Cost of Revenue |
$219.22 M |
$199.45 M |
$144.81 M |
$46.46 M |
$17.22 M |
| Gross Profit |
$275.56 M |
$318.18 M |
$258.91 M |
$86.97 M |
$22.64 M |
| Gross Profit Ratio |
0.56 |
0.61 |
0.64 |
0.65 |
0.57 |
| Research and Development
Expenses |
$700,000.00
|
$1.10 M
|
$300,000.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$150.96 M
|
$165.65 M
|
$85.02 M
|
$22.21 M
|
$9.87 M
|
| Selling & Marketing
Expenses |
$96.90 M
|
$93.40 M
|
$74.50 M
|
$17.80 M
|
$6.50 M
|
| Selling, General &
Administrative Expenses |
$247.86 M
|
$259.05 M
|
$159.52 M
|
$40.01 M
|
$16.37 M
|
| Other Expenses |
-$4.11 M |
$28.17 M |
$30.52 M |
$67.41 M |
$34.93 M |
| Operating Expenses |
$251.97 M |
$287.22 M |
$190.05 M |
$107.43 M |
$51.30 M |
| Cost And Expenses |
$471.19 M |
$486.67 M |
$334.85 M |
$153.89 M |
$68.52 M |
| Interest Income |
$0.00 |
$6.27 M |
$10.14 M |
$3.21 M |
$6,000.00 |
| Interest Expense |
$11.00 M |
$6.27 M |
$10.14 M |
$3.21 M |
$525,000.00 |
| Depreciation &
Amortization |
$27.35 M
|
$24.59 M
|
$18.23 M
|
$5.67 M
|
$823,000.00
|
| EBITDA |
$50.94 M
|
$86.13 M
|
$87.09 M
|
-$14.79 M
|
-$27.84 M
|
| EBITDA Ratio |
0.1 |
0.17 |
0.22 |
-0.11 |
-0.7 |
| Operating Income Ratio
|
0.05
|
0.12
|
0.17
|
-0.15
|
-0.72
|
| Total Other
Income/Expenses Net |
-$255.15 M
|
-$68.16 M
|
-$10.34 M
|
-$3.65 M
|
-$872,000.00
|
| Income Before Tax |
-$231.56 M |
-$6.62 M |
$58.52 M |
-$24.10 M |
-$29.54 M |
| Income Before Tax Ratio
|
-0.47
|
-0.01
|
0.14
|
-0.18
|
-0.74
|
| Income Tax Expense |
-$36.23 M |
$1.00 M |
$2.03 M |
$99,000.00 |
$3,000.00 |
| Net Income |
-$111.35 M |
-$7.62 M |
$48.65 M |
-$24.20 M |
-$29.54 M |
| Net Income Ratio |
-0.23 |
-0.01 |
0.12 |
-0.18 |
-0.74 |
| EPS |
-1.84 |
-0.12 |
0.51 |
-0.25 |
-0.31 |
| EPS Diluted |
-1.84 |
-0.12 |
0.51 |
-0.25 |
-0.31 |
| Weighted Average Shares
Out |
$60.50 M
|
$63.46 M
|
$94.58 M
|
$96.81 M
|
$96.81 M
|
| Weighted Average Shares
Out Diluted |
$60.50 M
|
$63.46 M
|
$94.58 M
|
$96.81 M
|
$96.81 M
|
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