Growth Metrics

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

Shoals Technologies posted quarterly Other financing activities of -$2.6 million for Q4 2024, down 327.61% year-on-year from $1.2 million in Q1 2024, and down 535.31% on a QoQ basis from $606000.0 in Q2 2024.

Shoals Technologies (SHLS) has 4 years of Other financing activities data on file, last reported 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.
  • Across five years, Other financing activities topped out at $9.6 million in Q4 2021 and bottomed at -$2.6 million in Q4 2024.
  • The 4-year median for Other financing activities is $882500.0 (2023), against an average of $1.5 million.
  • Peak annual rise in Other financing activities reached 465.47% in 2024, while the deepest fall reached 327.61% in 2024.
  • A 4-year view of Other financing activities shows it stood at $3.7 million in 2020, then jumped by 157.09% to $9.6 million in 2021, then tumbled by 87.94% to $1.2 million in 2023, then plunged 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 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
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
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
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 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