NASDAQ$MBUU

Malibu Boats Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Malibu Boats' financial performance declined due to decreased net sales and unit volume, reflecting a challenging retail environment and inventory management efforts.

Malibu Boats reported a decrease in net sales by 32.9% to $171.6 million and a net loss of $5.1 million for the first quarter of fiscal year 2025. The company is focused on inventory management and showcasing its 2025 lineup. They also repurchased $10 million of common stock.

  • Net sales decreased by 32.9% to $171.6 million.
  • Unit volume decreased by 39.7% to 1,024 units.
  • GAAP net income resulted in a net loss of $5.1 million, a decrease of 124.8%.
  • The company repurchased $10 million of its common stock, indicating confidence in the business.

Headline financials

Total Revenue

$172M

Previous: $256M-32.9%
EPS

-$0.25

Previous: $1.13-122.1%
Net (Loss) Income Margin

-3.0%

Previous: 8.1%-137.0%
Unit Volume

1.0K

No prior period
Adjusted EBITDA

$9.9M

Previous: $39M-74.6%
Adjusted EBITDA Margin

5.8%

Previous: 15.2%-61.8%
Gross Profit Margin

16.4%

Previous: 22.2%-26.1%
Consolidated Net Sales Per Unit

$168K

Previous: $151K+11.2%
Malibu Net Sales Per Unit

$146K

No prior period
Saltwater Fishing Net Sales Per Unit

$216K

No prior period
Cobalt Net Sales Per Unit

$149K

No prior period
Capital Expenditures

-$8.63M

Previous: -$39.5M+78.2%
Free Cash Flow

-$13.7M

Previous: -$19.3M+29.0%
Net Income

-$5.05M

Previous: $20.3M-124.9%
Operating Income

-$5.61M

Previous: $28.6M-119.6%
Gross Profit

$28.2M

Previous: $56.8M-50.3%
Cash & Equivalents

$27.7M

Previous: $45.5M-39.2%
Total Assets

$759M

Previous: $922M-17.7%
Stock-Based Comp

$1.9M

Previous: $1.46M+30.1%

Revenue & EPS history

Malibu Boats · Revenue · Quarterly

$172M

Q1 2025-32.9%vs Q1 2024
Beat estimate in 14 of 14 quarters(100%)
ActualEstimate

Revenue by segment

Malibu Boats · $256M total across 3 segments · Q1 2024

  • Malibu Segment Net Sales
    $105M-27.7%
  • Saltwater Fishing Net Sales
    $92.6M+0.4%
  • Cobalt Segment Net Sales
    $58.2M-10.2%

Forward guidance

For the full fiscal year 2025, Malibu anticipates net sales increase percentage in the low single digits year-over-year and Adjusted EBITDA margin ranging from 10%-12%.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.8%

Avg return

Earnings day

+2.6%

Avg return

5 days after

+2.5%

Avg return

30 days after

57%

28 / 49 earnings

Positive

+18.4%

Q3 2018

Best reaction

-18.2%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-1.1%+9.3%+2.6%
Q2 2026-11.3%-10.2%-25.5%
Q1 2026-12.8%-16.3%-12.8%
Q3 2025+3.7%+9.2%+5.8%
Q2 2025+1.1%-3.0%-13.2%
Q1 2025+4.1%+3.7%+2.7%
Q4 2024+4.4%+3.5%+12.4%
Q3 2024-1.3%+4.2%+16.3%
Q2 2024-18.2%-9.2%-14.5%
Q1 2024-0.7%+3.4%-2.0%
Q4 2023-5.8%-6.2%-8.6%
Q3 2023-1.5%+2.9%-4.1%
Q2 2023+2.1%-3.3%-6.3%
Q1 2023+2.7%+3.9%+11.8%
Q4 2022-5.7%-8.4%-26.3%
Q3 2022+6.5%+14.6%+13.0%
Q2 2022+8.1%+6.3%-2.3%
Q1 2022+3.7%-0.9%-6.5%
Q4 2021-7.5%-11.3%-13.6%
Q3 2021-5.3%-2.6%-11.2%
Q2 2021+1.2%-2.7%+12.7%
Q1 2021-14.0%-8.2%-0.3%
Q4 2020-0.3%-0.2%-13.6%
Q3 2020+15.5%+12.6%+57.2%
Q2 2020+1.9%+1.7%-20.1%
Q1 2020+12.2%+13.6%+14.4%
Q4 2019+7.5%+9.0%+16.0%
Q3 2019+4.4%+1.9%-9.8%
Q2 2019+4.8%+4.5%+2.3%
Q1 2019+16.4%+12.4%+1.4%
Q4 2018+5.4%+5.6%+3.3%
Q3 2018+18.4%+24.3%+29.9%
Q2 2018+11.6%+15.7%+16.4%
Q1 2018-5.4%-9.9%+0.0%
Q4 2017-2.7%+0.7%+20.6%
Q3 2017+0.7%+4.7%+8.3%
Q2 2017+7.8%+12.8%+14.8%
Q1 2017+2.3%+6.5%+23.7%
Q4 2016+9.1%+5.7%+3.7%
Q3 2016-17.3%
Q2 2016+13.9%
Q1 2016+4.6%
Q4 2015-4.1%
Q3 2015+0.1%
Q2 2015-2.3%
Q1 2015+5.0%
Q4 2014-7.4%
Q3 2014-9.7%
Q2 2014-6.2%
Q1 2014
Q4 2013
Q3 2013
Q2 2012
Q1 2012

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