Company Shoals Technologies Group, Inc.

Equities

SHLS

US82489W1071

Electrical Components & Equipment

Market Closed - Nasdaq 21:00:00 29/04/2024 BST 5-day change 1st Jan Change
8.73 USD +2.46% Intraday chart for Shoals Technologies Group, Inc. +3.56% -43.82%

Business Summary

Shoals Technologies Group, Inc. is a provider of electrical balance of system (EBOS) solutions for solar, battery storage, and electric vehicle charging infrastructure. EBOS encompasses all of the components that are necessary to carry the electric current produced by solar panels to an inverter and ultimately to the power grid. EBOS components that it produces include cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes and battery energy storage systems (BESS) cabinets. It designs, manufactures, and sells system solutions for the two types of wiring architectures used by the United States solar industry: homerun and combine-as-you-go. Its solar O&M product offering, Snapshot IV, monitors the specific voltage and current of individual solar panels and compares the results against the manufacturer’s claimed/projected performance. It is also engaged in providing e-mobility solutions.

Number of employees: 1,309

Sales per Business

USD in Million2022Weight2023Weight Delta
System Solutions
81.5 %
254 77.8 % 398 81.5 % +56.59%
Components
18.5 %
73 22.2 % 91 18.5 % +24.86%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
327 100.0 % 489 100.0 % +49.55%

Managers

Managers TitleAgeSince
Chief Executive Officer 45 16/07/23
Director of Finance/CFO 59 02/10/22
President 60 26/04/21
Chief Tech/Sci/R&D Officer 63 31/10/20
Chief Operating Officer 58 31/12/17
Corporate Officer/Principal - -
Corporate Officer/Principal - 31/12/20
Corporate Officer/Principal - -
Sales & Marketing - 26/04/21
Human Resources Officer - 02-02

Members of the board

Members of the board TitleAgeSince
Director/Board Member 64 31/12/20
Director/Board Member 60 14/03/21
Director/Board Member 62 14/08/22
Chairman 59 -
Director/Board Member 57 14/08/22
Director/Board Member 51 14/03/21
Director/Board Member 56 14/03/21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 170,329,509 165,809,474 ( 97.35 %) 0 97.35 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
9.684 %
16,495,822 9.684 % 184 M $
Vanguard Fiduciary Trust Co.
9.605 %
16,360,439 9.605 % 183 M $
Wellington Management Co. LLP
7.579 %
12,910,322 7.579 % 144 M $
ClearBridge Investments LLC
5.270 %
8,976,984 5.270 % 100 M $
JPMorgan Investment Management, Inc.
4.171 %
7,104,050 4.171 % 79 M $
Encompass Capital Advisors LLC
3.994 %
6,802,656 3.994 % 76 M $
Invesco Advisers, Inc.
3.589 %
6,112,481 3.589 % 68 M $
William Blair Investment Management LLC
3.498 %
5,957,680 3.498 % 67 M $
T. Rowe Price Investment Management, Inc.
2.948 %
5,021,078 2.948 % 56 M $
BlackRock Life Ltd.
2.712 %
4,619,426 2.712 % 52 M $

Company contact information

Shoals Technologies Group, Inc.

1400 Shoals Way

37148-4666, Portland

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http://www.shoals.com
address Shoals Technologies Group, Inc.(SHLS)
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