Shoals Technologies (SHLS) Income from Non-Controlling Interests (2021 - 2023)
Shoals Technologies posted quarterly Income from Non-Controlling Interests of $2.7 million for Q1 2023, up 33.75% year-on-year from $2.0 million in Q1 2022, and down 52.79% on a QoQ basis from $5.7 million in Q4 2022.
Shoals Technologies (SHLS) has 3 years of Income from Non-Controlling Interests data on file, last reported at $2.7 million in Q1 2023.
- For the quarter ending Q1 2023, Income from Non-Controlling Interests rose 33.75% year-over-year to $2.7 million; the trailing twelve-month figure through Dec 2023 stood at $2.7 million (down 82.55% YoY), and the FY2023 full-year result was $2.7 million, down 82.55% from the prior year.
- Income from Non-Controlling Interests for Q1 2023 stood at $2.7 million, down from $5.7 million in the prior quarter.
- Across five years, Income from Non-Controlling Interests topped out at $5.7 million in Q4 2022 and bottomed at -$5.5 million in Q1 2021.
- The 3-year median for Income from Non-Controlling Interests is $2.8 million (2021), against an average of $2.2 million.
- Peak annual rise in Income from Non-Controlling Interests reached 1906.67% in 2022, while the deepest fall reached 36.88% in 2022.
- A 3-year view of Income from Non-Controlling Interests shows it stood at -$315000.0 in 2021, then surged by 1906.67% to $5.7 million in 2022, then plunged by 52.79% to $2.7 million in 2023.
- The last three Income from Non-Controlling Interests figures came in at $2.7 million (Q1 2023), $5.7 million (Q4 2022), and $4.8 million (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inc. Minority (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | - |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -44.46 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | - |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -464.98 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | - |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | - |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 65.15 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 2.69 Mn |
| Dec 31, 2022 | 5.69 Mn |
| Sep 30, 2022 | 4.80 Mn |
| Jun 30, 2022 | 2.90 Mn |
| Mar 31, 2022 | 2.01 Mn |
| Dec 31, 2021 | -315,000.00 |
| Sep 30, 2021 | 2.79 Mn |
| Jun 30, 2021 | 4.60 Mn |
| Mar 31, 2021 | -5.48 Mn |