Tag Archives: Malibu Boats CEO Jack Springer

Malibu Boats posts net sales and gross profit increases

Malibu Boats, Inc. announced its financial results for the second quarter ended December 31, 2020. Fiscal Second Quarter 2021 Highlights Compared to Fiscal Second Quarter 2020: Net sales increased 8.6% to $195.6 millionUnit volume declined 3.4%Gross profit increased 24.1% to $49.5 millionNet income increased 25.8% to $22.1 millionAdjusted EBITDA increased 27.5% to $39.1 millionAdjusted fully distributed net income per share increased 31.2% ...

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Malibu Boats completes acquisition of Maverick Boat Group

Malibu Boats, Inc. has closed the acquisition of Maverick Boat Group, Inc. The transaction was funded with cash on hand and borrowings under its credit facility. Maverick designs and manufactures center console, dual console, flats and bay boats and has a strong reputation as a pioneer in flats and bay boats. With two manufacturing facilities located in Fort Pierce, Florida, ...

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Malibu Boats announces Q1 results

Malibu Boats, Inc. announced its financial results for the first quarter ended September 30, 2020. Fiscal First Quarter 2021 Highlights Compared to Fiscal First Quarter 2020:    Net sales increased 5.2% to $181.0 millionUnit volume declined 5.3%Gross profit increased 14.3% to $45.7 millionNet income increased 32.1% to $22.0 millionAdjusted EBITDA increased 28.0% to $36.3 millionAdjusted fully distributed net income per share increased ...

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Malibu Boats announces Q4 and fiscal 2020 results

Malibu Boats logo

Malibu Boats, Inc. announced its financial results for the fourth quarter and fiscal year ended June 30, 2020. Highlights for the Fourth Quarter of Fiscal Year 2020 Net sales decreased 39.1% to $118.7 million compared to the fourth quarter of fiscal year 2019.Unit volume decreased 43.9% to 1,117 boats compared to the fourth quarter of fiscal year 2019.Net sales per unit increased 8.6% to ...

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Malibu debuts all-new 2021 Wakesetter 23 LSV

Malibu debuts new LSV23

Malibu Boats has announced the release of its all-new Wakesetter 23 LSV. For 2021 there are new design features like a transom walk-over, completely reconfigured interior, inspired billet accents, a custom-tuned sound system, and more hull graphic color options. “The 2021 23 LSV’s blend of luxury and enhanced performance along with cutting edge features and a bold new look make ...

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Malibu Boats announces 3Q 2018 fiscal results

Malibu Boats, Inc. today announced its financial results for the third quarter of fiscal 2018 ended March 31, 2018. Net sales increased 82 percent to $140.4 million compared to the third quarter of fiscal 2017. Unit volume increased 69.4 percent to 1,786 boats compared to the third quarter of fiscal 2017. Net sales per unit increased 7.4 percent to $78,628 and net sales per unit ...

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