Tag Archives: Malibu

Malibu announces Q1 FY22 results

Malibu Boats, Inc. announced its financial results for the first quarter ended September 30, 2021. “We continued momentum into fiscal year 2022 with net sales increasing 40.1%, net income rising 26.7%, and Adjusted EBITDA growing 23.1% compared to the prior year period,” commented Jack Springer, chief executive officer of Malibu Boats, Inc. “While inflationary concerns and ongoing supply chain constraints are ...

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Malibu introduces the first 25-foot Axis

The totally-new Axis T250 makes history as the first 25-foot boat produced by the Axis brand. “Designing and producing the first-ever 25-foot Axis was a huge accomplishment for the entire team,” said Jack Springer, CEO of Malibu Boats, Inc., in a company press release. ”Not only is the all-new T250 the biggest boat Axis has ever produced, but it had ...

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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 ...

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Malibu introduces all-new Wakesetter 25 LSV

2022 Malibu Wakesetter 25LSV

For 2022, Malibu Boats has introduced the all-new Malibu Wakesetter 25 LSV, the newest model in the world’s best-selling towboat family. The 25 LSV is the 25-foot flagship of the popular Luxury Sport V-Drive (LSV) line. Being the largest in the LSV family, it offers the most interior space, storage capacity and ballast, as well as unbelievable wakes and waves. ...

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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 ...

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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 reports slowing in Q3 results

Malibu Boats logo

Malibu Boats, Inc. announced its financial results for the third quarter ended March 31, 2020. “The fiscal third quarter of 2020 was a tale of two environments. Through the greater part of the quarter, we delivered strong performance, as early boat show season momentum extended into March. However, retail strength shifted nearly overnight as the COVID-19 virus ravaged the U.S. late ...

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Malibu delivers ‘strong quarter’ for Q1 FY20

Malibu Boats logo

Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the first quarter ended September 30, 2019. Highlights for the First Quarter of Fiscal Year 2020 Net sales increased 39.4% to $172.1 million compared to the first quarter of fiscal year 2019.Unit volume increased 13.9% to 1,727 boats compared to the first quarter of fiscal year 2019.Net sales per unit increased 22.3% to $99,641 ...

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Malibu launches M240 model

Malibu Boats has announced the release of its new flagship—the Malibu M240. Built for the family, the Malibu M240 accommodates passengers in a wraparound lounge with leather-like vinyl. The new 24-footer’s innovations start at the bow, with a new design for enhanced passenger comfort which includes a flip-up seat back that doubles as a wind block as well as additional ...

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Malibu releases Q4 FY19 results

Malibu Boats logo

"Fiscal year 2019 was another exceptional year for Malibu. We delivered record-breaking operational and financial performance supported by the strength of our brands, our commitment to operational excellence, and a best-in-class team laser-focused on superior execution," said Jack Springer, chief executive officer of Malibu Boats, Inc. "Pursuit and Cobalt, together with our Malibu and Axis brands, have created a well-rounded, ...

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