← OneWater Marine Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $602.8m |
$767.6m
+27.34%
|
$1.0b
+33.26%
|
$1.2b
+20.06%
|
$1.7b
+42.06%
|
$1.9b
+10.97%
|
$1.8b
-8.45%
|
$1.9b
+5.62%
|
|
| Cost of Revenue | $465.2m |
$595.5m
+28.02%
|
$787.4m
+32.23%
|
$870.8m
+10.58%
|
$1.2b
+36.80%
|
$1.4b
+17.63%
|
$1.3b
-4.54%
|
$1.4b
+8.06%
|
|
| Total cost of sales | $465.2m |
$595.5m
+28.02%
|
$787.4m
+32.23%
|
$870.8m
+10.58%
|
$1.2b
+36.80%
|
$1.4b
+17.63%
|
$1.3b
-4.54%
|
$1.4b
+8.06%
|
|
| Gross Profit | $137.7m |
$172.1m
+25.04%
|
$235.5m
+36.83%
|
$357.5m
+51.77%
|
$553.7m
+54.89%
|
$535.1m
-3.35%
|
$435.1m
-18.70%
|
$427.0m
-1.85%
|
|
| Selling, General and Administrative Expense | $91.3m | $116.5m | $143.4m | $199.0m | $302.1m | $345.5m | $332.7m | $343.3m | |
| Amortization of Intangible Assets | — | — | — | — | $7.6m | $13.4m | $7.8m | $8.1m | |
| Restructuring and impairment | — | — | — | — | $0 | $147.4m | $12.4m | $148.1m | |
| Operating expenses: | |||||||||
| Operating Income (Loss) | $44.2m |
$53.3m
+20.48%
|
$78.5m
+47.24%
|
$148.9m
+89.73%
|
$217.8m
+46.32%
|
$18.1m
-91.71%
|
$64.8m
+258.76%
|
($85.5m)
-231.83%
|
|
| Interest Expense, Debt | $3.8m | $6.6m | $8.8m | $4.3m | $13.2m | $34.6m | $37.0m | $36.2m | |
| Interest expense – floor plan | $5.5m | $9.4m | $8.9m | $2.6m | $4.6m | $25.1m | $34.1m | $28.5m | |
| Interest expense – other | $3.8m | $6.6m | $8.8m | $4.3m | $13.2m | $34.6m | $37.0m | $36.2m | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | $0 | $0 | $0 | $0 | |
| Other income (expense): | |||||||||
| Other Nonoperating Income (Expense) | — | — | ($155k) | $248k | ($3.8m) | ($953k) | ($14k) | ($1.4m) | |
| Other expense, net | ($60k) | $1.4m | $155k | ($248k) | $3.8m | $953k | $14k | $1.4m | |
| Nonoperating Income (Expense) | — | — | ($23.6m) | ($6.7m) | ($22.0m) | ($60.6m) | ($71.2m) | ($66.1m) | |
| Total other expense, net | $42.3m | $16.0m | $23.6m | $6.7m | $22.0m | $60.6m | $71.2m | $66.1m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $1.9m | $37.3m | $54.8m | $142.2m | $195.8m | ($42.5m) | ($6.3m) | ($151.5m) | |
| Income Tax Expense (Benefit) | $0 | $0 | $6.3m | $25.8m | $43.2m | ($3.4m) | ($157k) | ($35.3m) | |
| Net loss | $1.9m | $37.3m | $48.5m | $116.4m | $152.6m | ($39.1m) | ($6.2m) | ($116.2m) | |
| Net income attributable to non-controlling interests | ($830k) | ($1.6m) | ($350k) | $37.4m | ($3.0m) | ($3.8m) | ($119k) | $0 | |
| Net loss attributable to non-controlling interests of One Water Marine Holdings, LLC | — | — | ($30.7m) | ($37.4m) | ($18.7m) | $4.3m | $590k | $1.6m | |
| Net loss attributable to OneWater Marine Inc. | $1.1m | $35.7m | $17.4m | $79.1m | $130.9m | ($38.6m) | ($5.7m) | ($114.6m) | |
| Net Income (Loss) Attributable to Parent | $1.1m |
$35.7m
+3095.07%
|
$17.4m
-51.13%
|
$79.1m
+353.71%
|
$130.9m
+65.63%
|
($38.6m)
-129.47%
|
($5.7m)
+85.22%
|
($114.6m)
-1908.45%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | $350k | $37.4m | $3.0m | $3.8m | $119k | $0 | |
| Earnings Per Share, Basic | — | — | $2.79 | $7.13 | $9.44 | ($2.69) | ($0.39) | ($7.22) | |
| Earnings Per Share, Diluted | — | — | $2.77 | $6.96 | $9.13 | ($2.69) | ($0.39) | ($7.22) | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | 6.2m | — | — | — | — | — | |
| Basic weighted-average shares of Class A common stock outstanding (in shares) | — | — | 6.2m | 11.1m | 13.9m | 14.3m | 14.6m | 15.9m | |
| Diluted weighted-average shares of Class A common stock outstanding (in shares) | — | — | 6.3m | 11.4m | 14.3m | 14.3m | 14.6m | 15.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | 6.3m | — | — | — | — | — | |
| Additional Financial Items | |||||||||
| Business Combination, Acquisition Related Costs | — | — | $3.6m | $869k | $7.5m | $1.2m | $100k | — | |
| Goodwill, Impairment Loss | — | — | $0 | $0 | $0 | $57.7m | $0 | $77.6m | |
| Depreciation and amortization | $1.7m | $2.7m | $3.2m | $5.4m | $15.6m | $23.9m | $19.4m | $21.6m | |
| Transaction costs | $438k | $1.3m | $3.6m | $869k | $7.7m | $1.8m | $1.5m | $1.5m | |
| Change in fair value of contingent consideration | — | — | $6.8m | $3.2m | $10.4m | ($1.6m) | $4.2m | ($2.1m) | |
| (Loss) income from operations | $44.2m | $53.3m | $78.5m | $148.9m | $217.8m | $18.1m | $64.8m | ($85.5m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.