Tag Archives: malibu boats

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 ...

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 ...

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% ...

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 ...

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 ...

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, ...

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 ...

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 ...

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 ...

Malibu Boats announces the release of its all-new Wakesetter 24 MXZ. Many of the features and improvements introduced in the successful 23 MXZ have made their way to the new 24 MXZ. “The 24MXZ has been a fan-favorite for years so we are ecstatic to release a completely new and more luxurious version for 2021,” said Malibu CEO Jack Springer. ...