Solo Brands, Inc. [Rocket]

Overview

Solo Brands, Inc.

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Recent News + Filings (All items)

Date Filed	Type	Description
10/04/2023	4	Merris John (President & CEO) has filed a Form 4 on Solo Brands, Inc.
10/04/2023	4	Webb Somer (CFO) has filed a Form 4 on Solo Brands, Inc.
10/04/2023	4	Christensen Kent Roger (General Counsel) has filed a Form 4 on Solo Brands, Inc.
08/17/2023	4	Form 4 - Statement of changes in beneficial ownership of securities:
08/17/2023	4	Form 4 - Statement of changes in beneficial ownership of securities:
08/17/2023	4	Form 4 - Statement of changes in beneficial ownership of securities:
08/03/2023	10-Q	Quarterly Report for the period ended June 30, 2023

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-22	Dec-31-21	Jan-30-21	Dec-31-20
Revenues	517.6	403.7	0.1	133.4
Revenue growth	28.2%	202.6%
Cost of goods sold	199.5	144.8	0.0	46.5
Gross profit	318.2	258.9	0.1	87.0
Gross margin	61.5%	64.1%	63.8%	65.2%
Selling, general and administrative	259.0	159.5	0.0	40.0
EBITA	52.0	86.3	0.0	-20.5
EBITA margin	10.0%	21.4%	10.3%	-15.3%
Amortization of intangibles	21.0	17.5
EBIT	31.0	68.9	0.0	-20.5
EBIT margin	6.0%	17.1%	10.3%	-15.3%
Pre-tax income	-6.6	58.5	0.0	-24.1
Income taxes	1.0	2.0	0.0	0.1
Tax rate		3.5%
Net income	-4.9	48.7	0.0	0.0
Net margin	-1.0%	12.1%	12.9%	0.0%

Diluted EPS	($0.08)	$0.77
Shares outstanding (diluted)	63.5	63.0

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.