Tag Archives: malibu boats

Malibu reports record Q4, FY21 results

Malibu Boats, Inc. (Nasdaq: MBUU) announced its financial results for the fourth quarter and fiscal year ended June 30, 2021. Highlights for Q4 include a net sales increase of 133.2% to $276.7 million, unit volume increase of 110.7% and a net income increase or 437.1% to $35 million. “Our premium brands, market leading innovation and operational excellence delivered another record-breaking year ...

Read More »

Malibu Boats announces earnings release date

2022 Malibu Wakesetter 25LSV

Malibu Boats, Inc. announced it will release its fourth quarter and full-year fiscal 2021 financial results on Thursday, August 26, 2021 before the market opens. Following the release, the company’s management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. The call will be hosted by Malibu’s Chief Executive Officer, Jack ...

Read More »

Malibu Boats delivers best quarter in company history

Malibu posts record revenue

Malibu Boats, Inc. announced its financial results for the third quarter ended March 31, 2021. Fiscal Third Quarter 2021 Highlights Compared to Fiscal Third Quarter 2020: Net sales increased 49.8% to $273.2 millionUnit volume increased 36.6%Gross profit increased 57.1% to $72.0 millionNet income increased 47.2% to $35.1 millionAdjusted EBITDA increased 56.7% to $57.0 millionNet income available to Class A Common Stock per ...

Read More »

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% ...

Read More »

Malibu celebrates safety milestone

Malibu Boats logo

Malibu Boats announced it has proudly achieved over five million safe man hours worked at its Loudon, Tenn. facility. Five million man hours without a lost time injury means the production facility worked for more than 1,680 days or well over four years without incident, making this an extraordinarily rare and prestigious milestone. The achievement exemplifies Malibu’s dedication to the ...

Read More »

Boulder Boats joins Tommy’s

Tommy's, a leading Malibu and Axis dealer, recently announced that Top 100 dealer Boulder Boats will be joining its family of dealerships. Boulder Boats is ranked as a Top 10 Malibu/Axis Dealer and one of the Top 100 Marine Dealers in the US, operating in 3 locations across 3 states - Nevada, Arizona & California. Normal business operations will not ...

Read More »

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, ...

Read More »

Malibu Boats announces Q1 results

Malibu posts record revenue

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 ...

Read More »

Malibu introduces all-new 2021 M220

2021 Malibu M220

Malibu Boats has announced the release of its all-new M220. The new luxury wake boat takes its cues from the flagship M240, blending the best of Malibu’s tech and innovation into a 22-foot 5-inch package while sacrificing nothing on the iconic wakes the M-Line hull is known for. “Like all of our towboats, the M220 was born out of customer ...

Read More »

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 ...

Read More »