Latham Group (SWIM)
Supplies fiberglass and vinyl-liner pools, covers, and liners for residential backyard projects.
$6.54
vs last close−0.09 (−1.42%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 161 | 91 | 111 | 160 | 150 | 87 | 111 | 173 | 162 | 100 | 117 | 197 |
| Cost of revenue | 113 | 70 | 80 | 107 | 102 | 66 | 79 | 109 | 105 | 72 | 80 | 127 |
| Gross profit | 48 | 21 | 31 | 53 | 49 | 21 | 33 | 64 | 57 | 28 | 37 | 70 |
| 30 | 30 | 33 | 33 | 35 | 34 | 38 | 39 | 36 | 39 | 44 | 45 | |
| 23 | 24 | 26 | 27 | 28 | 27 | 31 | 32 | 29 | 31 | 37 | 38 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 9 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 19 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other expenses | 7 | 7 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Operating income | 18 | −9 | −2 | 20 | 13 | −13 | −5 | 25 | 22 | −11 | −7 | 25 |
| −5 | −7 | −5 | −6 | −8 | −8 | −5 | −4 | −6 | −2 | −5 | −6 | |
| Interest expense | 6 | 10 | 5 | 6 | 9 | 5 | 6 | 7 | 6 | 6 | 5 | 6 |
| Other non-operating income | −1 | −2 | 0 | 0 | −2 | 3 | −1 | −4 | 0 | −4 | 0 | 0 |
| Income before tax | 13 | −16 | −7 | 14 | 6 | −21 | −10 | 21 | 16 | −13 | −11 | 19 |
| Income tax expense | 7 | −16 | 1 | 0 | 0 | 8 | −4 | 5 | 7 | −6 | −3 | 6 |
| Net income from continuing operations | 6 | 0 | −8 | 13 | 6 | −29 | −6 | 16 | 8 | −7 | −9 | 13 |
| Net income | 6 | 0 | −8 | 13 | 6 | −29 | −6 | 16 | 8 | −7 | −9 | 13 |
| EPS, basic | $0.05 | $0.00 | −$0.07 | $0.12 | $0.05 | −$0.25 | −$0.05 | $0.14 | $0.07 | −$0.06 | −$0.07 | $0.11 |
| EPS, diluted | $0.05 | $0.00 | −$0.07 | $0.11 | $0.05 | −$0.25 | −$0.05 | $0.13 | $0.07 | −$0.06 | −$0.07 | $0.11 |
| Weighted average shares, basic | 114 | 114 | 115 | 115 | 116 | 115 | 116 | 116 | 117 | 117 | 117 | 117 |
| Weighted average shares, diluted | 115 | 115 | 115 | 117 | 118 | 115 | 116 | 119 | 120 | 117 | 117 | 120 |
| EBITDA | 29 | 4 | 8 | 30 | 26 | −4 | 9 | 41 | 35 | 6 | 6 | 38 |
| Depreciation & amortization | 11 | 11 | 10 | 11 | 11 | 12 | 12 | 13 | 13 | 13 | 13 | 14 |
| EBIT | 19 | −7 | −2 | 20 | 15 | −16 | −4 | 28 | 22 | −7 | −7 | 25 |