Tag Archives: Malibu

Malibu Boats, Inc. announced its financial results for the fourth quarter and fiscal year ended June 30, 2023. Net sales for the three months ended June 30, 2023 increased $19.1 million, or 5.4%, to $372.3 million, compared to the three months ended June 30, 2022, which the company indicated was driven primarily by increased unit volumes in its Saltwater Fishing segment and a ...

Malibu Boats, Inc. announced its financial results for the second quarter ended December 31, 2022. “We once again delivered a fantastic quarter as our momentum continued with net sales increasing 28.4%, net income rising 17.5%, and Adjusted EBITDA growing 19.7% compared to the prior year. Our performance further solidifies our position as a trailblazer and innovator, while also demonstrating our ability ...

Malibu Boats, Inc. recently announced its financial results for the first quarter ended September 30, 2022. Net sales for the three months ended September 30, 2022 increased $48.7 million, or 19.2%, to $302.2 million as compared to the three months ended September 30, 2021. Unit volume for the three months ended September 30, 2022, increased 213 units, or 10.5%, to 2,237 units as compared ...

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 ...

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 ...

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 ...

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. ...

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 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 ...

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 ...