NASDAQ$GORV

Lazydays Holdings Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Announced second quarter 2022 financial results, with revenue up and adjusted EBITDA down compared to the second quarter of 2021.

Lazydays Holdings, Inc. reported a revenue increase for the second quarter of 2022, with Net Income also increasing, while Adjusted EBITDA decreased compared to the same period in 2021.

  • Net Income for the quarter was $31.8 million, up $6.5 million compared to the second quarter of 2021.
  • Second quarter revenue was $373.6 million, up $50.8 million compared to the second quarter of 2021.
  • Adjusted EBITDA of $38.4 million was down 6.8% compared to the second quarter of 2021.
  • Lazydays continues to add locations at a rapid pace, executing its geographic expansion strategy.

Headline financials

Total Revenue

$374M

Previous: $323M+15.7%
EPS (adj)

$0.81

Previous: $1.21-33.1%
Capital Expenditures

-$12.7M

Previous: -$8.99M-41.6%
Free Cash Flow

-$44.5M

Previous: $74.7M-159.6%
Net Income

$31.8M

Previous: $25.3M+25.8%
Operating Income

$33M

Previous: $37.3M-11.6%
Gross Profit

$99.3M

Previous: $86.2M+15.2%
Cash & Equivalents

$105M

Previous: $104M+1.0%
Total Assets

$795M

Previous: $480M+65.5%
Stock-Based Comp

$729K

Previous: $311K+134.4%

Revenue & EPS history

Lazydays · Revenue · Quarterly

$374M

Q2 2022+15.7%vs Q2 2021
Beat estimate in 3 of 13 quarters(23%)
ActualEstimate

Revenue by segment

Lazydays · $266M total across 4 segments · Q3 2023

  • New Vehicle Retail
    $173M
  • Pre-Owned Vehicle Retail
    $75.1M
  • Finance and Insurance
    $16.5M
  • Vehicle Wholesale
    $2.06M

Forward guidance

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 11 quarterly earnings reports

Historical avg

-2.5%

Avg return

Earnings day

-9.6%

Avg return

5 days after

-12.6%

Avg return

30 days after

34%

10 / 29 earnings

Positive

+23.4%

Q1 2020

Best reaction

-30.8%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025-19.6%-30.4%
Q2 2025-3.6%-16.2%-41.8%
Q1 2025-14.2%+17.1%+53.5%
Q4 2024-30.8%-52.1%-57.9%
Q3 2024-20.3%-9.8%-32.0%
Q2 2024-7.6%-22.6%-40.6%
Q1 2024-4.4%-1.6%-16.4%
Q4 2023+18.2%+18.7%+1.1%
Q3 2023-9.3%-7.3%+18.1%
Q2 2023+4.2%+2.4%-10.1%
Q1 2023-4.8%-9.2%-3.5%
Q4 2022-7.9%-3.9%-8.9%
Q3 2022+8.9%
Q2 2022+1.1%
Q1 2022-1.9%
Q4 2021+17.4%
Q3 2021-2.2%
Q2 2021+18.9%
Q1 2021-7.0%
Q4 2020-4.1%
Q3 2020+6.9%
Q2 2020-3.7%
Q1 2020+23.4%
Q4 2019-21.5%
Q3 2019+14.4%
Q2 2019+3.4%
Q1 2019-5.6%
Q4 2018-7.7%
Q3 2018-14.3%

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