Malibu Boats, Inc. Announces Fourth Quarter Fiscal 2025 Results

About this update from Malibu Boats, Inc.

[{"type":"text","content":"LOUDON, Tenn., Aug. 28, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the fourth quarter and fiscal year ended June 30, 2025. Fourth Quarter Fiscal 2025 Highlights Compared to Fourth Quarter Fiscal 2024 Net sales increased 30.4% to $207.0 millionUnit volume increased 16.8% to 1,221 unitsGross profit increased 162.1% to $32.7 millionGeneral and administrative expenses decreased to $18.8 millionNet income (loss) increased 124.5% to a net income of $4.8 millionAdjusted EBITDA increased 580.6% to $19.7 millionNet income (loss) available to Class A Common Stock per share (diluted) increased 125.5% to a net income of $0.24 per shareAdjusted net income per share increased 205.0% to $0.42 per share on a weighted average share count of 19.3 million shares of Class A Common Stock Fiscal Year 2025 Highlights Compared to Fiscal Year 2024 Net sales decreased 2.6% to $807.6 millionUnit volume decreased 9.0% to 4,898 unitsGross profit decreased 2.0% to $144.1 millionGeneral and administrative expenses increased to $92.5 millionNet income (loss) increased 127.0% to a net income of $15.2 millionAdjusted EBITDA decreased 9.1% to $74.8 millionNet income (loss) available to Class A Common Stock per share (diluted) increased 127.7% to net income of $0.76 per shareAdjusted net income per share decreased 21.4% to $1.58 on a weighted average share count of 19.7 million shares of Class A Common Stock “Fiscal year 2025 was a challenging year for the marine industry, but I am proud of the groundwork we laid by supporting our dealers' efforts to reduce their inventory and refreshing our dealer network, which we believe positions us to outperform the industry,” commented Steve Menneto, President and Chief Executive Officer of Malibu Boats, Inc. “We continued investing in our people, strengthening our operational readiness to scale, and advancing our pace of innovation with an exciting Model Year 2026 lineup that introduces eleven new models across the portfolio, from our highest-performance Monsoon engine to expanded entry-level Axis offerings that are attracting a wave of first-time buyers. In this dynamic environment, we remain disciplined, ready to scale and outperform when demand normalizes, and steadfast in our commitment to our communities, partners, and customers. Looking ahead, we are excited to...

More updates from Malibu Boats, Inc.