Shoals’ Revenue Falls 18% Amid Delayed Projects and Political Shifts
The company’s EBITDA saw a 32.4% decline in Q4 2024
March 3, 2025
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Shoals Technologies Group, a manufacturer of electrical balance of systems for solar, energy storage, and e-mobility reported a net income of $7.8 million during the fourth quarter (Q4) of 2024, down from $16.6 million in the corresponding period in 2023.