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Latham Group Inc (SWIM) Q4 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic ... [Yahoo! Finance]

Latham Group, Inc. (SWIM) 
Company Research Source: Yahoo! Finance
This article first appeared on GuruFocus 4th Quarter Revenue: $100 million, up 15% from Q4 2024. Full Year Revenue: $546 million, up 7% from 2024. In-Ground Pool Sales: $262 million for the full year, up 1% year over year. Cover Sales: $161 million for the full year, up 22%. Liner Sales: $123 million for the full year, up 4%. Gross Margin: Expanded by 340 basis points to 28% in Q4; 33% for the full year, up from 30% in 2024. SG&A Expenses: $31 million in Q4, up from $27 million in Q4 2024; $123 million for the full year, up from $108 million in 2024. Net Income: $11 million for the full year, compared to a net loss of $18 million in 2024. Adjusted EBITDA: $100 million for the full year, up from $80 million in 2024. Adjusted EBITDA Margin: 18.3% for the full year, up 250 basis points from 15.8% in 2024. Cash Position: $71 million at year-end. Total Debt: $280 million with a net debt leverage ratio of 2.1. Capital Expenditures: $25 million for the full year 20 Show less Read more
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