Financial Performance - Quarterly revenue decreased by 11.5% to $80.4 million compared to $90.8 million in the prior-year period[7] - Adjusted EBITDA decreased by $7.7 million to $12.8 million compared to $20.5 million in the prior-year period[10] - Net loss for the quarter was $(0.3) million compared to a net income of $4.8 million in the prior-year period[10] - Revenue for the three months ended March 31, 2025, was $80,631, a decrease of 11.5% compared to $90,807 in the same period of 2024[34] - Adjusted EBITDA for the three months ended March 31, 2025, was $12,789, a decrease of 37.5% from $20,458 in 2024[37] - Net loss for the three months ended March 31, 2025, was $(282), compared to a net income of $4,774 in 2024[34] - Adjusted Net Income for the same period was $5,193, down from $12,621 in 2024[37] - Adjusted Diluted EPS for the three months ended March 31, 2025, was $0.03, down from $0.07 in 2024[39] Margins and Expenses - Gross margin was 35.0%, down from 40.2% in the prior-year period, reflecting strategic pricing actions and customer mix[8] - General and administrative expenses decreased to $21.7 million from $22.8 million in the prior-year period[9] - Gross profit for the same period was $28,140, representing a gross profit margin of 35.0%, down from 40.2% in 2024[37] Future Guidance - The company expects second quarter 2025 revenue in the range of $100 million to $110 million and adjusted EBITDA between $20 million and $25 million[17] - Full year 2025 revenue guidance is projected between $410 million and $450 million, with adjusted EBITDA expected to be between $100 million and $115 million[17] Backlog and Orders - Backlog and awarded orders increased by 5% year-over-year to $645.1 million, with approximately $500 million scheduled for the next four quarters[3][11] - The company reported a robust international market presence, comprising over 13.4% of backlog and awarded orders[11] Strategic Initiatives - Strategic initiatives for market penetration and diversification are progressing well, indicating positive business fundamentals[4] Cash and Assets - Cash and cash equivalents increased to $35,609 as of March 31, 2025, from $15,236 at the end of the same period in 2024[36] - Total current assets decreased slightly to $187,746 as of March 31, 2025, compared to $188,352 at the end of 2024[32] - Total liabilities decreased to $229,493 as of March 31, 2025, from $236,280 at the end of 2024[32] Taxation - The effective income tax rate for Adjusted Net Income was 24.4% for the three months ended March 31, 2025[39]

Core Viewpoint - Shoals Technologies Group, Inc. has signed a Memorandum of Understanding (MOU) with UGT Renewables to collaborate on up to 12 gigawatts (GW) of solar projects, aiming to enhance energy transition efforts in emerging markets [1][2]. Group 1: Collaboration Details - The collaboration focuses on innovative electrical balance of system (EBOS) solutions to support sustainable development in emerging markets [1][2]. - UGT Renewables has a pipeline of 12 GW of solar projects, and the partnership aims to deliver efficient EBOS solutions that require less skilled labor, thus facilitating low-cost electrification [2][3]. Group 2: Project Impact - The initial projects in Angola, with a combined capacity of 600 megawatts (MW), are expected to electrify 60% of the Angolan population and provide clean water to over 1.1 million people [3]. - These projects are financed by the EXIM Bank in the United States and are set to break ground in 2025 [3]. Group 3: Company Background - Shoals Technologies Group is recognized as a leader in the renewable energy industry, providing innovative EBOS solutions that enhance installation efficiency and system performance [4]. - UGT Renewables and its sister company, Sun Africa, are major players in international renewable energy generation and energy storage, with extensive projects under development globally [5].

Core Insights - The article highlights the investment strategies and achievements of Paul Franke, a seasoned investor with 38 years of trading experience, emphasizing his contrarian stock selection style and algorithmic analysis for identifying investment opportunities [1] Group 1: Investment Strategies - Paul Franke developed a system called "Victory Formation," which focuses on supply/demand imbalances indicated by specific stock price and volume movements [1] - The "Bottom Fishing Club" articles target deep-value stocks or those showing significant positive technical momentum reversals [1] - The "Volume Breakout Report" articles analyze positive trend changes supported by strong price and volume trading activity [1] Group 2: Performance and Recognition - Franke was consistently ranked among the top investment advisors nationally during the 1990s and achieved the 1 position in the Motley Fool® CAPS stock picking contest in 2008 and 2009 out of over 60,000 portfolios [1] - As of September 2024, he was ranked in the Top 3% of bloggers by TipRanks® for 12-month stock picking performance over the last decade [1] Group 3: Risk Management - Franke advises investors to implement stop-loss levels of 10% or 20% on individual stock choices and to maintain a diversified portfolio of at least 50 well-positioned stocks to enhance regular stock market outperformance [1]

Core Viewpoint - Shoals Technologies Group, Inc. will release its first quarter 2025 results on May 6, 2025, before market open, followed by a conference call at 8:00 a.m. Eastern Time [1]. Company Overview - Shoals Technologies Group is a leading provider of electrical balance of systems (EBOS) solutions for the energy transition market, founded in 1996 [3]. - The company has introduced innovative technologies and systems solutions that enhance installation efficiency and safety while improving system performance and reliability [3]. - Shoals Technologies Group is recognized as a leader in the renewable energy industry [3]. Investor Information - Interested investors can access the live webcast of the conference call through the Investor Relations section of the company's website, with an archived replay available shortly after the event [2]. Contacts - Investor Relations contact is Matt Tractenberg, VP of Finance and Investor Relations [4]. - Media contact is Lindsey Williams, VP of Marketing and Communications [4].

SAN DIEGO, March 28, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (NASDAQ: SHLS) against certain of its officers and directors to hold them responsible for damages they allegedly caused the company to suffer. If you have continuously owned Shoals shares since before May 17, 2022, you have certain legal rights as a shareholder.  If you want to learn more, please read below or submit your information at ...

Shoals Technologies (NASDAQ: SHLS ) is primarily an electrical balance of systems (EBOS) provider. EBOS encompasses the electrical components between solar panels, inverters, and batteries. They are also developing solutions to extend their product line into complimentary side businessesMy goal is to identify and perform in depth research on companies that will drive long-term growth and market beating returns. Strong companies are defined by top of industry execution, strong historic and future growth tren ...

PORTLAND, Tenn., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Shoals) (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, announced today its participation in the following upcoming investor events: March 4th, 2025: Jefferies Power, Utilities, and Clean Energy Conference in New YorkShoals’ CEO Brandon Moss, VP of Finance and Investor Relations Matt Tractenberg, and VP of Marketing and Communications Lindsey Williams will ho ...

Q4 EARNINGS REPORT FEB 2025 Disclaimer Forward-Looking Statements This presentation contains forward-looking statements that are based on our management's beliefs and assumptions and on information currently available to our management. Forward-looking statements include: information concerning our possible or assumed future results of operations, including our financial guidance for the first quarter of 2025 and for the full year ending December 31, 2025; expectations regarding the utility-scale solar mark ...

Financial Data and Key Metrics Changes - The company reported Q4 2024 revenue of $107 million, an 18% decline year-over-year but a 4.7% increase sequentially from the prior quarter [40] - Full year revenue totaled $399 million, an 18.4% decline from 2023, attributed to widespread project delays [21] - Adjusted gross profit percentage for Q4 was 37.6%, down from 42.5% in the prior year, while adjusted EBITDA was $26.4 million, or 24.7% of revenue [12][40] Business Line Data and Key Metrics Changes - The company quoted over $2.5 billion of projects in 2024, with more than 10% of 2024 revenue coming from new customers who purchased less than $1 million in 2023 [28] - The Commercial, Community, and Industrial (CC&I) segment quoted almost $40 million of projects in 2024 and recognized nearly $10 million in revenue [30] - The Battery Energy Storage Systems (BESS) market saw over $30 million in quoted projects during the year, with a new standardized product offering introduced [32] Market Data and Key Metrics Changes - The backlog and awarded orders (BLAO) ended Q4 at $635 million, with approximately $440 million expected to ship in the upcoming four quarters [9][47] - International projects won in Q4 included over $8 million in new contracts in Australia and Chile, with an international backlog of approximately $86 million [29] - The company expects a more normalized project timeline in 2025 compared to 2024, driven by improved customer engagement and market dynamics [23][70] Company Strategy and Development Direction - The strategic framework focuses on U.S. utility-scale solar market penetration, international market development, product innovation, and diversification into high-growth markets like BESS and data centers [26][27] - The company is consolidating small factories into a state-of-the-art facility in Tennessee to enhance productivity [16] - New product innovations are aimed at addressing customer challenges, with over a dozen new products introduced in 2024 [14][17] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism for 2025, citing improved market dynamics and customer feedback [58] - The company is focused on maintaining strong relationships with customers and adapting to regulatory changes and labor availability challenges [13][24] - Management highlighted the importance of understanding project timelines and customer needs to navigate potential delays [50][120] Other Important Information - The company is actively pursuing litigation related to intellectual property, with a new case filed in January 2025 [35] - Cash flow from operations in Q4 was $14 million, with capital expenditures of $1.5 million [45] - The company ended Q4 with cash and equivalents of $23.5 million and a net debt to adjusted EBITDA ratio of 1.2x [45] Q&A Session Summary Question: Pricing dynamics and competition - Management noted that pricing pressure is influenced by market dynamics and customer engagement strategies, with a focus on securing long-term agreements [62][64] Question: Visibility into project delivery schedules - Management emphasized improved customer communication and CRM tools to gain better insights into project timelines, leading to cautious optimism for 2025 [68][70] Question: Bidding activity post-ITC reversal - Management reported strong order book activity in Q4, with ongoing efforts to attract new customers and diversify the portfolio [74][76] Question: Cash from operations guidance - Management confirmed that cash flow timing is impacted by a back-end loaded revenue recognition pattern for 2025 [78][80] Question: Margin expectations for 2025 - Management indicated that margins are expected to improve throughout the year, with a focus on product mix and operational efficiencies [86][88] Question: Labor dynamics affecting project execution - Management acknowledged ongoing labor challenges for EPC customers, with strategic project planning becoming increasingly important [114][116] Question: Impact of tariffs on operations - Management stated that the company primarily uses domestic supply chains, which mitigates tariff exposure [132] Question: Sensitivity of project pushouts on guidance - Management indicated that if project delays are similar to 2024, results would trend towards the lower end of guidance [136]

Company Performance - Shoals Technologies Group reported quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.09 per share, and down from $0.12 per share a year ago, representing an earnings surprise of -11.11% [1] - The company posted revenues of $106.99 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 5.84%, but down from $130.44 million year-over-year [2] - Over the last four quarters, Shoals Technologies has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - Shoals Technologies shares have lost about 19% since the beginning of the year, while the S&P 500 has gained 1.7% [3] - The current consensus EPS estimate for the coming quarter is $0.10 on revenues of $98.59 million, and for the current fiscal year, it is $0.43 on revenues of $446.12 million [7] Industry Outlook - The solar industry, to which Shoals Technologies belongs, is currently in the top 30% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry performance can significantly impact stock performance [5][8]