Shoals Technologies (SHLS) Other financing activities (2020 - 2024)

Shoals Technologies (SHLS) reported Other financing activities of -$2.6 million for Q4 2024, down 327.61% on a YoY basis from $1.2 million in Q1 2024, and down 535.31% quarter-over-quarter from $606000.0 in Q2 2024.

Shoals Technologies (SHLS) Other financing activities (2020 - 2024) Analysis & Trends

Shoals Technologies has reported Other financing activities for 4 years, with the latest figure at -$2.6 million in Q4 2024.

  • For the quarter ending Q4 2024, Other financing activities fell 327.61% year-over-year to -$2.6 million; the trailing twelve-month figure through Sep 2025 stood at -$2.6 million (down 169.48% YoY), and the FY2023 full-year result was $1.2 million, changed N/A from the prior year.
  • Other financing activities for Q4 2024 stood at -$2.6 million, down from $606000.0 in the prior quarter.
  • The five-year high for Other financing activities was $9.6 million in Q4 2021, with the low at -$2.6 million in Q4 2024.
  • Historically, Other financing activities has averaged $1.5 million across 4 years, with a median of $882500.0 in 2023.
  • The largest YoY upside for Other financing activities was 465.47% in 2024 against a maximum downside of 327.61% in 2024.
  • Shoals Technologies' Other financing activities stood at $3.7 million in 2020, then soared by 157.09% to $9.6 million in 2021, then plunged by 87.94% to $1.2 million in 2023, then sank by 327.61% to -$2.6 million in 2024.
  • The last three Other financing activities figures came in at -$2.6 million (Q4 2024), $606000.0 (Q2 2024), and $2.0 million (Q1 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2024 -2.64 Mn
Dec 31, 2024 -2.64 Mn
Jun 30, 2024 606,000.00
Jun 30, 2024 606,000.00
Mar 31, 2024 2.03 Mn
Mar 31, 2024 2.03 Mn
Dec 31, 2023 1.16 Mn
Dec 31, 2023 1.16 Mn
Sep 30, 2023 1.16 Mn
Sep 30, 2023 1.16 Mn
Jun 30, 2023 -603,000.00
Jun 30, 2023 -603,000.00
Mar 31, 2023 -556,000.00
Mar 31, 2023 -556,000.00
Dec 31, 2021 9.61 Mn
Dec 31, 2021 9.61 Mn
Mar 31, 2021 94,000.00
Mar 31, 2021 94,000.00
Dec 31, 2020 3.74 Mn
Dec 31, 2020 3.74 Mn