Solo Brands, Inc.

DTC

DTCSolo Brands, Inc. US flag

New York Stock Exchange

19.55

USD

-0.68

- -

31.33MMarket Cap

Income Statement (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Sales/Revenue/Turnover	40	127	404	518	495	455
+ Sales & Services Revenue	40	127	404	518	495	455
- Cost of Revenue	17	44	145	199	193	194
+ Cost of Goods & Services	17	44	145	199	193	194
Gross Profit	23	83	259	318	302	260
+ Other Operating Income	- -	- -	- -	- -	- -	- -
- Operating Expenses	51	67	190	287	281	299
+ Selling, General & Admin	16	39	160	259	249	262
+ Research & Development	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	35	28	31	28	32	37
Operating Income (Loss)	-29	16	69	31	21	-39
- Non-Operating (Income) Loss	1	3	10	38	253	151
+ Interest Expense, Net	- -	- -	- -	- -	11	14
+ Interest Expense	- -	- -	- -	- -	11	14
- Interest Income	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	1	3	10	38	242	137
Pretax Income	-30	13	59	-7	-232	-189
- Income Tax Expense (Benefit)	- -	- -	2	1	-36	-9
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-30	13	56	-8	-195	-180
- Net Extraordinary Losses (Gains)	- -	-17	16	-5	-168	-134
+ Discontinued Operations	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	-17	16	-5	-168	-134
Income (Loss) Incl. MI	-30	30	41	-2	-27	-47
- Minority Interest	- -	8	-8	3	84	67
Net Income, GAAP	-30	21	49	-5	-111	-113
- Preferred Dividends	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-30	21	49	-5	-111	-113
EBIT	-29	16	69	31	21	-39
EBITDA	-28	22	87	56	48	-12
EBITDA Margin (%)	-69.86	16.95	21.57	10.73	9.8	-2.62
EBITA	-29	16	69	31	21	-39
Gross Margin (%)	56.8	65.18	64.13	61.47	61.07	57.26
Operating Margin (%)	-71.93	12.67	17.06	5.98	4.27	-8.47
Profit Margin (%)	-74.12	16.85	12.05	-0.96	-22.5	-24.94
Sales per Employee	- -	- -	- -	- -	- -	- -
Dividend per Share	2.57	10.75	21.05	- -	- -	- -
Depreciation Expense	1	5	18	25	27	27
Basic Weighted Avg Shares	2	2	2	2	2	1
Basic EPS, GAAP	-19.22	13.98	30.89	-3.12	-73.62	-77.66
Basic EPS from Cont Ops	-19.22	8.56	35.86	-4.8	-129.14	-123.44
Diluted Weighted Avg Shares	2	2	2	2	2	1
Diluted EPS, GAAP	-19.22	13.98	30.89	-3.12	-73.62	-77.66
Diluted EPS from Cont Ops	-19.22	8.56	35.86	-4.8	-129.14	-123.44

Balance Sheet (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Total Current Assets	12	52	159	195	196	172
+ Cash, Cash Equivalents & STI	5	33	25	23	20	12
+ Cash & Cash Equivalents	5	33	25	23	20	12
+ ST Investments	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	1	4	22	30	53	44
+ Accounts Receivable, Net	1	4	22	26	43	39
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	4	11	5
+ Inventories	6	14	102	136	117	111
+ Raw Materials	- -	- -	2	4	6	7
+ Work In Process	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	129	105	102
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -
+ Other Inventory	6	14	100	3	5	2
+ Other ST Assets	- -	- -	10	6	6	5
+ Misc ST Assets	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	93	491	679	667	463	323
+ Property, Plant & Equip, Net	- -	1	11	49	57	52
+ Property, Plant & Equip	- -	1	11	54	66	67
- Accumulated Depreciation	- -	- -	1	4	9	16
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -
+ Other LT Assets	93	490	668	618	406	271
+ Total Intangible Assets	93	490	668	617	391	263
+ Goodwill	53	289	411	383	170	73
+ Other Intangible Assets	40	201	257	235	221	190
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	1	1	16	8
Total Assets	105	542	838	862	659	495
+ Payables & Accruals	5	14	34	42	61	91
+ Accounts Payable	- -	1	10	12	22	70
+ Accrued Taxes	1	2	10	12	8	4
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	4	11	15	19	31	18
+ ST Debt	- -	- -	3	12	14	18
+ ST Borrowings	- -	- -	3	5	6	9
+ ST Finance Leases	- -	- -	- -	7	8	9
+ Other ST Liabilities	2	122	9	13	14	13
+ Deferred Revenue	- -	20	4	7	5	2
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	2	102	6	6	9	11
Total Current Liabilities	8	137	47	67	89	122
+ LT Debt	24	73	125	138	169	165
+ LT Borrowings	24	73	125	108	143	142
+ LT Finance Leases	- -	- -	- -	29	26	23
+ Other LT Liabilities	- -	- -	92	83	30	15
+ Accrued Liabilities	- -	- -	91	83	17	7
+ Pension Liabilities	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	1	- -	13	8
Total Noncurrent Liabilities	24	73	217	220	198	180
Total Liabilities	31	210	264	287	287	302
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	79	340	350	358	357	364
+ Common Stock	79	340	- -	- -	- -	- -
+ Additional Paid in Capital	- -	- -	350	358	357	364
- Treasury Stock	- -	- -	- -	- -	1	1
+ Retained Earnings	-5	-8	11	6	-115	-229
+ Other Equity	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	74	332	361	363	241	134
+ Minority/Non Controlling Interest	- -	- -	213	212	131	60
Total Equity	74	332	574	575	372	193
Total Liabilities & Equity	105	542	838	862	659	495
Shares Outstanding	2	2	2	2	1	1
Number of Employees	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	36	33	32
Net Debt	19	41	103	90	129	139
Net Debt to Equity	25.06	12.22	17.95	15.67	34.76	71.74
Tangible Common Equity Ratio	-150.68	-298.88	-55.09	-17.26	-6.85	-29.91
Current Ratio	1.6	0.38	3.41	2.91	2.21	1.41
Cash Conversion Cycle	- -	85.8	150.01	217.98	229.18	157.82

Cash Flow Statement (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
+ Net Income	-30	13	56	-8	-195	-180
+ Depreciation & Amortization	1	5	18	25	27	27
+ Non-Cash Items	1	19	7	48	219	163
+ Stock-Based Compensation	- -	- -	7	19	15	7
+ Deferred Income Taxes	- -	- -	-3	-11	-47	-12
+ Asset Impairment Charge	- -	- -	- -	31	249	- -
+ Other Non-Cash Adj	1	19	2	9	2	168
+ Chg in Non-Cash Work Cap	8	-6	-92	-32	12	1
+ (Inc) Dec in Accts Receiv	-1	-2	-15	-6	-16	3
+ (Inc) Dec in Inventories	4	-1	-49	-31	28	-15
+ (Inc) Dec in Prepaid Assets	- -	- -	-8	-3	-9	- -
+ Inc (Dec) in Accts Payable	7	-25	-2	10	16	24
+ Inc (Dec) in Other	-2	22	-17	-3	-7	-12
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-20	31	-10	32	62	11
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	-1	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	-1	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	54	250	235	- -	-37	- -
+ Increase in Capital Stock	54	250	235	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	-37	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	-52	-273	-133	-1	-44	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-52	-273	-133	-1	-44	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	-11	-9	-9	-15
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-52	-274	-144	-10	-53	-15
+ Dividends Paid	-4	-17	-33	- -	- -	- -
+ Net Cash From Debt	24	49	57	-16	35	1
+ Cash From Debt	29	128	364	45	70	80
+ Repayments of Debt	-5	-79	-307	-61	-35	-79
+ Other Financing Activities	- -	-1	-112	-8	-11	-4
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	74	281	146	-24	-13	-4
Effect of Foreign Exchange Rates	- -	- -	- -	-1	- -	- -
Net Changes in Cash	2	38	-8	-1	-4	-8
EBITDA	-28	22	87	56	48	-12
EBITDA Margin (%)	-69.86	16.95	21.57	10.73	9.8	-2.62
Free Cash Flow	-20	30	-10	32	62	11
Net Cash Paid for Acquisitions	52	273	133	1	44	- -
Free Cash Flow to Firm	- -	30	-10	- -	- -	- -
Free Cash Flow to Equity	- -	79	47	17	97	11
Free Cash Flow per Basic Share	-12.97	19.82	-6.5	20.42	41.27	7.2
Price/Free Cash Flow	- -	- -	-2.4	0.18	0.15	0.16
Cash Flow to Net Income	0.67	1.46	-0.21	-6.55	-0.56	-0.09
Capital Expenditures	- -	-1	- -	- -	- -	- -