Latham Group Inc
NASDAQ:SWIM
Income Statement
Earnings Waterfall
Latham Group Inc
Income Statement
Latham Group Inc
| Dec-2020 | Apr-2021 | Jul-2021 | Oct-2021 | Dec-2021 | Apr-2022 | Jul-2022 | Oct-2022 | Dec-2022 | Apr-2023 | Jul-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||
| Interest Expense |
18
|
21
|
25
|
25
|
24
|
17
|
13
|
13
|
16
|
25
|
26
|
28
|
31
|
25
|
27
|
30
|
25
|
26
|
27
|
24
|
|
| Revenue |
403
N/A
|
501
+24%
|
569
+14%
|
604
+6%
|
631
+4%
|
673
+7%
|
699
+4%
|
727
+4%
|
696
-4%
|
642
-8%
|
612
-5%
|
584
-5%
|
566
-3%
|
539
-5%
|
522
-3%
|
512
-2%
|
509
-1%
|
509
+0%
|
522
+2%
|
533
+2%
|
|
| Gross Profit | |||||||||||||||||||||
| Cost of Revenue |
(261)
|
(316)
|
(370)
|
(404)
|
(426)
|
(451)
|
(468)
|
(487)
|
(479)
|
(463)
|
(450)
|
(432)
|
(414)
|
(389)
|
(369)
|
(359)
|
(355)
|
(353)
|
(355)
|
(358)
|
|
| Gross Profit |
143
N/A
|
185
+30%
|
199
+8%
|
200
+0%
|
204
+2%
|
223
+9%
|
232
+4%
|
240
+3%
|
217
-10%
|
179
-17%
|
162
-10%
|
151
-7%
|
153
+1%
|
150
-2%
|
153
+2%
|
153
+0%
|
154
+0%
|
156
+1%
|
167
+7%
|
176
+5%
|
|
| Operating Income | |||||||||||||||||||||
| Operating Expenses |
(103)
|
(116)
|
(198)
|
(227)
|
(240)
|
(260)
|
(208)
|
(188)
|
(175)
|
(162)
|
(150)
|
(146)
|
(137)
|
(130)
|
(126)
|
(131)
|
(135)
|
(141)
|
(147)
|
(147)
|
|
| Selling, General & Administrative |
(86)
|
(97)
|
(177)
|
(205)
|
(218)
|
(236)
|
(182)
|
(161)
|
(147)
|
(135)
|
(123)
|
(120)
|
(110)
|
(103)
|
(100)
|
(105)
|
(108)
|
(113)
|
(118)
|
(118)
|
|
| Depreciation & Amortization |
(17)
|
(19)
|
(20)
|
(22)
|
(23)
|
(24)
|
(26)
|
(28)
|
(28)
|
(28)
|
(27)
|
(27)
|
(27)
|
(26)
|
(26)
|
(26)
|
(27)
|
(28)
|
(29)
|
(29)
|
|
| Operating Income |
40
N/A
|
69
+73%
|
2
-98%
|
(27)
N/A
|
(36)
-34%
|
(38)
-4%
|
23
N/A
|
51
+118%
|
42
-19%
|
17
-59%
|
12
-31%
|
5
-59%
|
16
+236%
|
20
+27%
|
27
+32%
|
22
-18%
|
18
-18%
|
15
-16%
|
20
+31%
|
28
+40%
|
|
| Pre-Tax Income | |||||||||||||||||||||
| Interest Income Expense |
(18)
|
(22)
|
(24)
|
(24)
|
(22)
|
(15)
|
(10)
|
(10)
|
(12)
|
(21)
|
(22)
|
(24)
|
(27)
|
(20)
|
(22)
|
(26)
|
(21)
|
(23)
|
(24)
|
(20)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
(4)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
1
|
5
|
5
|
6
|
5
|
(7)
|
(9)
|
(12)
|
(13)
|
(2)
|
0
|
0
|
1
|
(0)
|
(2)
|
(0)
|
(6)
|
(4)
|
(0)
|
(2)
|
|
| Pre-Tax Income |
23
N/A
|
53
+131%
|
(18)
N/A
|
(45)
-154%
|
(54)
-20%
|
(63)
-17%
|
1
N/A
|
26
+2 042%
|
14
-47%
|
(6)
N/A
|
(11)
-78%
|
(19)
-77%
|
(10)
+47%
|
(0)
+99%
|
3
N/A
|
(4)
N/A
|
(9)
-121%
|
(11)
-31%
|
(4)
+65%
|
6
N/A
|
|
| Net Income | |||||||||||||||||||||
| Tax Provision |
(7)
|
(13)
|
(12)
|
(14)
|
(9)
|
(11)
|
(17)
|
(18)
|
(19)
|
(11)
|
(5)
|
(3)
|
8
|
4
|
9
|
15
|
(9)
|
(5)
|
(9)
|
(17)
|
|
| Income from Continuing Operations |
16
|
40
|
(30)
|
(59)
|
(62)
|
(74)
|
(16)
|
7
|
(6)
|
(17)
|
(16)
|
(22)
|
(2)
|
4
|
12
|
11
|
(18)
|
(16)
|
(13)
|
(11)
|
|
| Net Income (Common) |
16
N/A
|
40
+149%
|
(30)
N/A
|
(59)
-96%
|
(62)
-5%
|
(74)
-18%
|
(16)
+79%
|
7
N/A
|
(6)
N/A
|
(17)
-202%
|
(16)
+8%
|
(22)
-36%
|
(2)
+89%
|
4
N/A
|
12
+183%
|
11
-3%
|
(18)
N/A
|
(16)
+11%
|
(13)
+17%
|
(11)
+17%
|
|
| EPS (Diluted) |
0.13
N/A
|
0.34
+162%
|
-0.29
N/A
|
-0.54
-86%
|
-0.56
-4%
|
-0.66
-18%
|
-0.13
+80%
|
0.07
N/A
|
-0.05
N/A
|
-0.16
-220%
|
-0.15
+6%
|
-0.2
-33%
|
-0.02
+90%
|
0.03
N/A
|
0.1
+233%
|
0.1
N/A
|
-0.15
N/A
|
-0.14
+7%
|
-0.12
+14%
|
-0.1
+17%
|
|