COMP <GO>

SHLS vs POET // ALTMAN Z-SCORE & DEBT/EQUITY

Shoals Technologies Group Inc. (Class A) (NASDAQ) VS. POET Technologies Inc. (NASDAQ) • 15-METRIC TALLY: SHLS 2 — POET 0

■ METRIC PARITY

LAST: $7.55 (-0.13%) • MKT CAP: $1.27B

balance-sheet

3.62

LAST: $5.66 (-3.08%) • MKT CAP: $979.5M

balance-sheet

—

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (SHLS VS. POET) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	SHLS	POET	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	35.00%	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	7.50%	—	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	15.0x	—	—	TIE	/valuation <GO>
Free Cash Flow Yield	-1.26%	—	—	TIE	/fcf-yield <GO>
Operating Margin	11.90%	—	—	TIE	/operating-margins <GO>
Net Profit Margin	7.10%	—	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	19.10%	—	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity ACTIVE	3.62	—	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	6/9	—	—	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	41.2	32.7	+8.52	SHLS	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	31.8x	—	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$1.27B	$979.5M	$291.2M	SHLS	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	SHLS REV	POET REV	SHLS GROSS %	POET GROSS %	SHLS FCF	POET FCF
FY 2025	$475.3M	—	35.0%	—	-$16.0M	—
FY 2024	$399.2M	—	35.6%	—	$72.0M	—
FY 2023	$488.9M	—	—	—	$92.0M	—

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

SHLS // BETA —

POET // BETA —