Malibu Boats, Inc. · NASDAQ:MBUU
Malibu Boats — Investor Day (September 2025)
82 slides from Malibu Boats's investor day presentation, Sep 25, 2025
Slide 1: Leading the Future of Marine
vy MALIBU Leading the Future of Marine
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation includes forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Forward-looking statements can be identified by such words and phrases as "believes," "anticipates," "expects," "intends," "estimates,"
Slide 3: Use & Definition of Non-GAAP Financial Measures
Use & Definition of Non-GAAP Financial Measures Non-GAAP financial measures This presentation includes the following financial measures defined as non-GAAP financial measures by the Securities and Exchange Commission: Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Free Cash Flow, and Adjusted Fre
Slide 4: Agenda
Strategic Overview & Growth Enablers Malibu / Axis Overview Cobalt Overview Saltwater Overview Financial Overview Closing Remarks Q&A Chief Executive Officer SVP, Malibu / Axis ‘SVP, Cobalt SVP, Saltwater Chief Financial Officer Chief Executive Officer
Slide 5: Leading the Future of Marine
Leading the Future of Marine The Premier Recreational Marine Company Presenting Today Steve Menneto Bruce Beckman Rachael Green Jason Turner Chris Gratz CEO CFO SVP, Malibu / Axis SVP, Cobalt SVP, Saltwater
Slide 6: Strategic Overview and Growth Enablers
Strategic Overview and Growth Enablers Sa Steve Menneto mE CEO MBI"
Slide 7: Foundation Built for Growth
Foundation Built for Growth s 325+ | 25+ 85+ Manufacturing Dealer Countries MBI Total Models in MBI Locations Locations Product Sold Portfolio Employees Acquisitions Fiberglass Boat Iconic Brands Manufacturer Malibu WIEWES. |axIs (“> Moose —_ 2) Sa PURSUIT Fish the Legend. copALTBoArs = — Ola
Slide 8: Our Key Enablers
Our Key Enablers: Leveraging our MBI Foundation to Drive Profitable Growth Customer-obsessed, delivering differentiated on the water experience Build, Innovate and Grow strategy driving outperformance and profitable growth Market leader with scalable capacity in place, capturing mid-cycle demand Dis
Slide 9: Our Core Values: Setting the Pace
Our Core Values: Setting the Pace People, Leadership, Collaboration Accountability and Integrity Boaters at th Customer Experience & Innovation j 7S _ Excellence and Execution { Delivering the Ultimate on the Water Experience
Slide 10: Our Vision, Mission and Strategy
Our Vision: To be the Premier | Recreational Marine Company ie * Aculture with the boater at the center of our business * Deeper partnership with our dealers * Operational excellence driven by continuous improvement and industry leading quality Product & Quality | Continuous Improvement Leadership M
Slide 11: A Growth Focus: An Ecosystem of Opportunity
A Growth Focus: An Ecosystem of Opportunity Core Boat Platform Technology and Connectivity Boat Geographic Vertical Electronics Digital / propulsion Segments Expansion Integration Partners Connectivity P Innovation that Enhances the Boating Experience and Drives Market Share Gains Expand Customer Ba
Slide 12: Our Opportunity: Expanding Presence in Marine
Our Opportunity: Expanding Presence in Marine CORE BUSINESS: Adjacent Boat Building Growth Areas —> Select Addressable Market!) Marine t+) y MBI services Total Addressable Market'?) Mee ~—Ss—Paarts& MAR Accessories
Slide 13: Building Capabilities
Building Capabilities: Me, MARINE COMPONENTS Vertically integrated supplier of premium marine components Expands revenue beyond boat sales with component offerings ACCEPTANCE In-house financing partnership to drive sales conversion Competitive financing pilot for Malibu customers and dealers Empower
Slide 14: Our MBI Advantage Gives us the Right to Win
Our 7 MBI" eee ..-Gives us the Right to Win New focus area Proven product quality and manufacturing agility enables speed to market and customization at scale Lean Manufacturing, Safety & Quality Excellence mm 7 a Leveraging scale and reliability to secure priority Central Sourcing with Category Man
Slide 15: Enables Outperformance
Enables Outperformance vy MBI 1.Mlustratve provided for contextonty and doesnot represent actual guidance mid-oycte baseline = 1m essumes normalized eta environment with market demand the average of 2017-2019 levels. FY MBI” 2c; carton ana acy. FoF aro Non-GAAP Measures. Illustrative Market Environm
Slide 16: Lean Manufacturing, Safety & Quality Excellence
Lean Manufacturing, Safety & Quality Excellence FY25 EXECUTION HIGHLIGHTS KEY INITIATIVES Capacity in Place MBI Operational Platform Central Sourcing and Supply Chain Management Vertical Integration Expanding Vertical Integration Margin Leadership Leverage Capacity and Scale for Growth Product & Qua
Slide 17: Enhancing Operating Performance with Continuous Improvement Culture
Enhancing Operating Performance with Continuous Improvement Culture Scalable Operating Platform Dual Quality Digital Supplier Rationalization Designed to = @ @ © Sourcing Screening Twin / Harmonization Value Lower Direct Increased Quality Better Customer Cost Controls Experience Greater Control of C
Slide 18: Brand Management and Go-To-Market Capability
Brand Management and Go-To-Market Capability FY25 EXECUTION HIGHLIGHTS KEY INITIATIVES Premium and Quality Brands Tools that Financing Support via MBI Acceptance Program Partner of Choice Marketing and Co-Op Programs Market Leadership Customer Engagement and Lifestyle Events Product & Quality Contin
Slide 19: Premium Dealer Network and Customer Experience
Premium Dealer Network and Customer Experience vy MBI CUSTOMER INCENTIVES = tan Uae ScontCARD Dealer Support Leverage Analytics Engage with Customer ¢ MBI Acceptance Program - ¢ Dealer Score Card — real ¢ Just Ride Tour & Grassroots preferred program with rate time monitoring to optimize Events — im
Slide 20: Customer Inspired Innovation
Customer Inspired Innovation FY25 EXECUTION HIGHLIGHTS KEY INITIATIVES Malibu Command Center Capturing Most Refreshed Product Portfolio Monsoon Engines Roll-Out Commitment to Engineering and Growth Unveiled 11 NMY Boats Launching a Marine Innovation Team Product & Quality Continuous Gain Market Grow
Slide 21: Customer Inspired Innovation
Customer Inspired Innovation Voice of the Customer Connecting consumer insights into award winning solutions Captured through: ¢ Market research * Customer surveys * Focus groups Customer Pain Points Proprietary and ECE Transport & deployment of Award Winnin >< large inflatable water toys eg COBALT
Slide 22: New Opportunities to Accelerate Profitable Growth
New Opportunities to Accelerate Profitable Growth New Market Growth Share Growth Strategic M&A «t., Geographic expansion, Innovative Next-gen Targeting strategic ay whitespace opportunities = product series <5} opportunities in boat * "and financial product building partnerships ZZ), Explore adjacen
Slide 23: Our Performance: Proven Results
Our Performance: Proven Results $ 1 . 5 B Revenue +14% . CAGR $808M $684M $191M 2014 (IPO) 2019 2025 Mid-cycle + Outperformance Framework" Delivered sustainable growth through disciplined execution S MBI" _ itestatve:zviteatorcontestony and doesnot represent actulguidence: miele baseline assumes nor
Slide 24: Investing with Discipline
Investing with Discipline . 7 MBI MBI" Growth Enablers Focused on high-growth, premium product categories and supporting services within leisure boating space Strategic Criteria Aligned with MBI portfolio and strategic priorities Financial Guidelines Accretive to financial performance and strong val
Slide 25: Malibu / Axis Overview
Malibu / Axis Overview Rachael Green SVP, Malibu / Axis Y MBI"
Slide 26: Key Enablers
Key Enablers Premium Brands Driving Share Gains Through Innovation Premium brands differentiate us and create excitement in the ski/wake market Innovation is in our DNA - at the cutting edge of consumer demand, supporting market leadership position Continue to strengthen our dealer network to enhanc
Slide 27: Malibu / Axis Segment Snapshot
Malibu / AXES secen:srarsret FY25 REVENUE 39% Total MBI Revenue DEALERS LOCATIONS TWO PREMIER BRANDS STPaipy alto | SXIS- MODELS FY25 SEGMENT ADJ. EBITDA AVERAGE LENGTH OF DEALER RELATIONSHIPS TOTAL FACILITIES FOOTPRINT Sq. Ft. 2025 MODEL INTRODUCTIONS 2024 Wakeworld Rider's Choice Awards Wakesurf &
Slide 28: Malibu / Axis: Products Overview
Malibu / Axis: Products Overview Luxury performance —_ Highly versatile, Maximized luxury Versatile, multi-sport Tournament-grade boats with advanced _ best-selling wake boats with boats, wake and ski _ ski boats, precision tech features tow-boat bold design capable performance 2 4 3 2 1 23-24 ft 22
Slide 29: Malibu / Axis: Mid-cycle Opportunity
Malibu / Axis: Mid-cycle Opportunity Mid-cycle Baseline Opportunity) Performance Sports Boats Market Drivers Market / Share?) Growing outdoor health and lifestyle focus Mid-cycle Baseline Revenue Growth from FY25 Rising disposable income / real wage Return of payment / credit buyer Dependable replac
Slide 30: Malibu / Axis: Outperformance Strategy
Malibu / Axis: Outperformance Strategy io drive 4new quality, efficiency, and margin control MY26 models and next-gen through vertical integration Monsoon engine data-driven support strategies and engagement advancing surf system and user experience increasing engagement and accessibility with stren
Slide 31: Malibu / Axis: Vertical Integration is in Our DNA
Malibu / Axis: Vertical Integration is in Our DNA 2016 2020 2025 Trailers Soft Grip Sheet Flooring Metal Benefits « Enhanced quality control Pre-2010 2019 2022 a « Reduced supply chain risk Towers and Monsoon Malibu Electronics F billet Engines _ Harnesses ° Accelerated time-to-market (acquired) ¢ G
Slide 32: Malibu / Axis: Diversified Dealer Network
Malibu / Axis: Diversified Dealer Network Dealer Strategy Why Dealers Choose Us Data-driven insights powering market Powerful, trusted brand success . ae Industry-leading innovation Established, resilient market presence Diversification and selective exclusivity Broad, differentiated product portfol
Slide 33: Club Royale
Club Royale A Leading Greater Detroit Dealer Onboarded: 2024 Location: Waterford, MI Boat Industry Top 100 Dealer CSI Top 10 Increased Malibu / Axis market share from 20% to 28% in 1 year y MBI" Malibu is one of the most recognizable and attractive brands in the business. It's easy to educate custom
Slide 34: Malibu-Axis: Product Development
Malibu-Axis: Product Development New Features Launched most powerful engine on the market with next-gen Monsoon Engine Industry leading board solutions Advanced maneuverability through E-steering 360 Camera System new models since 201 Customer Benefits Improved performance & reliability Tailored eng
Slide 35: Next-gen Engine & Command Center
Next-gen Engine & Command Center Best-in-class engine performance and integrated tech partnerships Command Center MY25 Expanded feature set includes personalized profiles, camera integration, and seamless interface design All Malibu models now include 15.8” display Engine Update MY26 Launched New Mo
Slide 36: Malibu / Axis: Growth Strategy
Build Innovate Malibu / Axis: Growth Strategy Recovery Growth Outperformance | Poised to capture (+) White Space Winning on Operational ski/wake market Innovation Excellence recovery White space Enhancing brand Enhancing margins and opportunities in larger, and capturing share affordability through
Slide 37: Cobalt Overview
Cobalt Overview . Jason Turner SVP, Cobalt ~z Y MBI"
Slide 38: Key Enablers
Key Enablers Robust Market Share and Dealer Network Driving Growth and Enhancing Margin Brand value and best-in-class dealer network enables our leading market share position Completed successful facility expansion, adding significant capacity to increase throughput Product development process backe
Slide 39: Cobalt Segment Snapshot
Coba [t Segment Snapshot By the Numbers FY25 REVENUE ~$215M 27% Total MBI Revenue DEALERS LOCATIONS 17/+ ONE LEGENDARY BRAND COBALT BOATS. MODELS 24 y MBI" FY25 SEGMENT ADJ. EBITDA $18M AVERAGE LENGTH OF DEALER RELATIONSHIPS 10+Y R TOTAL FACILITIES FOOTPRINT ~753 2025 MODEL INTRODUCTIONS A K sq, Ft.
Slide 40: Cobalt: Product Overview
Cobalt: Product Overview Sterndrive Sterndrive Surf Outboard Description Number of Models Length of Boat Starting Price Range Versatile runabouts and cruisersfor All the features that make sterndrives a full array of boating activities great with enhanced surf boat capabilities 10 7 22-35 ft 23-35 f
Slide 41: Cobalt: Mid-cycle Opportunity
Cobalt: Mid-cycle Opportunity Mid-cycle Baseline Opportunity) Fiberglass Runabout Market Drivers Market / Share?) Waterfront homeownership on the rise Mid-cycle Baseline Revenue Growth from FY25 (a) Versatility for leisure COBALT BOATS and water sports Dependable replacement cycle buyers Premium pre
Slide 42: Cobalt: Outperformance Strategy
Cobalt: Outperformance Strategy io supports growth, vertical integration, 4new model MY25 variants, integration of driving share growth through new and talent pool Monsoon Surf System product development cadence and capabilities . improve capitalizing on markeungettorts and dealer collaborating acro
Slide 43: Unveiling Our New Roane County Facility
COBALT Unveiling Our New Roane County Facility Optimizes production & quality Enhanced labor availability Built-in capacity to fuel mid- cycle growth Positioned to capture market share gains
Slide 44: Cobalt: Optimizing Production with High Quality Standards
Cobalt: Optimizing Production with High Quality Standards Flexibility to add more models Access to larger boat building Invested in growth capacity talent pool Maintain premium positioning Streamlined manufacturing Monsoon engines, trailers, and process flow electronic wiring harnesses Well-position
Slide 45: Vertical Integration Case Study: Monsoon Engine
COBALT Vertical Integration Case Study Monsoon Engine Challenge * Customer performance preferences ¢ Reliance on third-party vendors ¢ Limited flexibility ¢ Affordability [Os Solution Implemented Monsoon as engine option across Cobalt single engine portfolio Consolidated manufacturing footprint near
Slide 46: Cobalt: Solidifying Leading Dealer Network
Cobalt: Solidifying Leading Dealer Network ¢ Partner of choice as the best-selling sterndrive brand ¢ Firmly leading in market share ¢ Strong penetration in major markets ¢ Average dealer tenure of 10+ years 269% 91% 4617913371 SIM Leveraging Analytics ¢ Data-driven approach to finding untapped mark
Slide 47: Cobalt: Product Development
Cobalt: Product Development Recent New Model Launches R31 SURF New Features ¢ Standard entry door ¢ Hardtop integration with built in tow point and entertainment hardware ° Space saving food prep station and Auto Deploy galley ¢ Optionality for water sports closet ¢ Full coupe enclosure with multipl
Slide 48: Product Development Case Study: Monsoon Surf System
COBALT Innovate Product Development Case Study: Monsoon Surf System Challenge MBI Advantage: Results ¢ Limited sterndrive surf control technology * Lack of wake shaping controls = ‘ @ Better wave performance than * Desire across consumers for multi- RSS: <—S competition purpose boating experience @
Slide 49: Cobalt: Growth Strategy
Cobalt: Growth Strategy Recovery Growth Outperformance Initiatives Well positioned (+) Outboard and White S Operational utboard an ite Space perationa to capture market . P Sterndrive Surf Excellence recovery oo ; italizi Marsi hth h with expanded Positioning to drive share Capita izing on argin gro
Slide 50: Saltwater Overview
Saltwater Overview Christopher Gratz SVP, Saltwater MBI"
Slide 51: Key Enablers
Key Enablers Integration Success and Strategic Investments Driving Growth Diverse lineup of content-rich, best-in-class products cater to a broad range of saltwater customers Strong acquisition history with integration of Pursuit, continuing to develop product runway for MBG Iconic brands that are h
Slide 52: Saltwater Segment Snapshot
FY25 REVENUE 35% Total MBI Revenue DEALERS LOCATIONS 5S ICONIC BRANDS > Mavic PURSUIT fh the Legend EWES. a MODELS Sa ltwa ter Segment Snapshot FY25 SEGMENT ADJ. EBITDA AVERAGE LENGTH OF DEALER RELATIONSHIPS TOTAL FACILITIES FOOTPRINT Sq. Ft. 2025 MODEL INTRODUCTIONS
Slide 53: Saltwater: Product Overview
Saltwater: Product Overview > PURSUIT a = = MAVERICK — BOAT GROUP —_> oN Fall ‘ANGLER DRIVEN © Maveviee EWES. ia hele Description Number of Models Length of Boat Starting Price Range Built to yacht-quality standards, saltwater outboard fishing boats available in three product lines provide customers
Slide 54: Saltwater: Mid-cycle Opportunity
Saltwater: Mid-cycle Opportunity Mid-cycle Baseline Opportunity) Fiberglass Outboard Market Drivers Market / Share?) t . 4 0 % Mid-cycle Baseline Revenue Growth from FY25 7, Stability in Overall Economic A@ Macros \\__ Shift in Interest | | ln Rate Pressures Positioned to capture market recovery wit
Slide 55: Saltwater: Outperformance Strategy
Saltwater: Outperformance Strategy fo in-house 7 new Through dealer tooling production supporting all brands MY25 models network and strategic expansion NPD initiatives evolving MBG expanding portfolio by brands leveraging untapped market segments enhance ownership experience Leveraging Volume build
Slide 56: Saltwater: Proof Point of Success at Pursuit
Saltwater: Proof Point of Success at Pursuit Greater control of costs, quantity, and supply chain In-house capabilities Invested in growth capacity Investing in innovative new sports center consoles Plant 1 Plant 2 Contract 2018 2019 2020 2021 2022 2023 2024 2025 From contract manufacturing to even
Slide 57: Saltwater: Operating Efficiencies
| Bulla | Saltwater: Operating Efficiencies a? \ LA! Highly Scalable Operations Refined Operational Efficiencies * Capacity in place to leverage recovery growth e Flexibility in production mix to leverage market opportunities ¢ Flexibility of production lines optimized to build a broad range of mode
Slide 58: Saltwater: Product Development
Innovate Saltwater: Product Development Recent New Model Launches New Features Customer Benefits ¢ Bow to stern * Optimized performance and development projects features leveraging all opportunities ¢ Modern platforms that simplify ° Premium features and C the user experience options driving high at
Slide 59: Saltwater: The New Integrated MBG
Saltwater: The New Integrated MBG Pathfinder Product Cobia Product Operational Development Examples Development Initiatives Efficiencies Continuously innovating lineup — Introducing models with advanced Streamlining manufacturing expanded power options, innovative fishing features, refined design, a
Slide 60: Saltwater: Pursuit Product Development Strategy
Saltwater: Pursuit Product Development Strategy Consumer Driven and Leverage White Space Strong Investment in Market Driven Insights Opportunities Portfolio ¢ Longstanding Dealer Council structure ¢ Employ a market-based approach to * Robust portfolio in 3 primary creating a consistent feedback loop
Slide 61: Saltwater: Growth Strategy
Saltwater: Growth Strategy Recovery Growth Outperformance | Capacity in Place (+) Share Growth White Space Operational to Meet Recovery Excellence Demand . Through dealer Expanding presence Volume leverage, network and strategic through untapped operational efficiencies expansion market segments and
Slide 62: Financial Overview
Financial Overview | Bruce Beckman CFO ~ MBI"
Slide 63: Key Enablers
Key Enablers Business Model Positioned for Significant Growth and Value Creation Return to mid-cycle represents a significant growth opportunity Opportunities to outperform on both market share and margin Past investments and dynamic business model enable robust free cash flow generation Proven M&A
Slide 64: Where We Are Today
Where We Are Today New Boat Historical Retail Market Data Total Units of Outboard, Sterndrive and Ski/Wake Mid-cycle 252K GREAT Demand RECESSION DOWN CYCLE 224K 193k 297K 495K 196K 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025E” Avg. Mid-cycle 1. Char
Slide 65: Market Recovery Phases
Market Recovery Phases Healthy Channel Dynamics ol + Channel fill and sell through, more inventory Wholesale Shipments on hand to support more BB Market Retail Demand potter . robust market Retail Market Benefit of down mid-to- wholesale high single digits matching retail - 2 & 2026E ' Flat Market M
Slide 66: Illustrative: Revenue Bridge
Illustrative: Revenue Bridge Accelerating Growth as Market Recovers with Opportunity for Outperformance Upside from Capital Deployment ++ $1.5B $1.3B ++ Market Share Gain +SAM Expansion $808M +++ Volume Recovery + Normalized ASP FY2025 Market Mid-cycle Outperformance Mid-cycle + Recovery Baseline Fr
Slide 67: Capacity in Place to Support Growth
Capacity in Place to Support Growth Capacity Utilization Runway for Outsized Growth ~75% 2025 Mid-cycle Mid-cycle + Baseline Outperformance Framework provided for context only and does not represent actual guidance; mid-cycle baseline assumes normalized retail environment with atthe MBI"
Slide 68: Maintaining Scalable Costs Structure and Efficient Capital Use
Maintaining Scalable Costs Structure and Efficient Capital Use Variable Cost Structure Operational Efficiencies S&M G&A Central Sourcing and Supply Chain Management 80-90% Variable based on COGS alone COGS Vertical Integration Production and Materials Ke) Increased Capabilities A Labor Warranty Frei
Slide 69: Illustrative: Adj. EBITDA Margin Bridge
Illustrative: Adj. EBITDA Margin Bridge Business Built to Achieve Profitable Growth 20.0% 17.5% +++ Operating Efficiency + Growth Leverage +++ Volume Recovery + Normalized ASP FY2025 Market Mid-cycle Outperformance Mid-cycle + Recovery Baseline Framework Outperformance Framework * illustrative; prov
Slide 70: Normalized CapEx Spend
Normalized CapEx Spend Capital Expenditure = Tooling and Maintenance = Facility Expansion Es CapEx as a % of Z " FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY2025 Mid-cycle + Outperformance Framework‘ 1. Illustrative; provided for context only and does not represent actual guidance; md-cycle baseline a
Slide 71: Adjusted Free Cash Flow
Adjusted Free Cash Flow Resilient FCF Adj. Free Cash Flow and Adj. Free Cash Flow Conversion” 65.0% 51.9% 53.0% 200.0M 47.8% 50.4% = 48.4% $200.0 44.3% 5% 38.6% 26.2% $100.8M $109.2M $74.5M 63.5M $48.2M $ $53.7M FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 ° Mid-cycle + Ou
Slide 72: Strong Financial Position, Disciplined Capital Allocation
Strong Financial Position Disciplined Capital Allocation Framework Current Liquidity Organic Investment * Technology / Product Line Expansion $37 i | * Vertical Integration and Operating Capabilities Cash & Cash Equiv. Strategic Acquisitions Disciplined approach targeting high strategic fit Compelli
Slide 73: Successful M&A
Successful M&A Strategic Acquisition History Track Record CE) — Wace Parma; COBALT BOATS Fish the Legend. ‘ANGLER DRIVEN $380 | WfEWES. — G> ReplcvedioniMsA contra PURSUIT , Vv Ni IB} i = Driving Results Under Our Leadership Advantage Scale Benefits, Aggressive Growth and Strong + Operational Manage
Slide 74: Investing with Discipline
Investing with Discipline \ ™ 7 MBI MBI" Growth Areas Focused on high-growth, premium product categories and supporting services within leisure boating space Strategic Criteria Aligned with MBI portfolio and strategic priorities Financial Guidelines Accretive to financial performance, strong value c
Slide 75: Illustrative Market Environment Framework
Illustrative Market Environment Framework Mid-cycle Mid-cycle + FY25 FY26E y 4 Outperformance Baseline” Framework“) Capacity Utilization ~45% S ~65% ~75% Flat to down Net Sales $808M MSD% $1.38 $1.5B Adj. EBITDA Margin 9.3% 8%-9% 17.5% 20.0% CAPEX as % of Sales ~3% ~3% ~3% Adj. FCF $29M ~$130M ~$200
Slide 76: Closing Remarks
Closing Remarks G 4 Steve Menneto CEO MBI"
Slide 77: MBI Shareholder Value Equation
MBI Shareholder Value Equation Market Leader with Capacity in Place for Mid-cycle Demand Constant Pace of Innovation Driving Market Share Gains Product and Distribution Whitespace Opportunities Fueling Growth Operational Excellence and Vertical Integration Expanding Margin Profile Innovate Grow Stra
Slide 78: Definitions of Non-GAAP Financial Measures
Definitions of Non-GAAP Financial Measures Adjusted EBITDA We define adjusted EBITDA as net income (loss) before interest expense, income taxes, depreciation, amortization, goodwill and other intangible asset impairment expense and non-cash, non-operating expenses or other expenses that we do not be
Slide 79: Reconciliation of Net Income to Adjusted EBITDA
Reconciliation of Net Income to Adjusted EBITDA The following table sets forth a reconciliation of net income attributable to Malibu Boats, Inc. as determined in accordance with GAAP to Adjusted EBITDA for the periods indicated (dollars in thousands): Fiscal Year Ended June 30, 2017 2018 2019 2020 2
Slide 80: Reconciliation of Net Income to Adjusted EBITDA
Reconciliation of Net Income to Adjusted EBITDA (1) (2) (3) (4) (5) (6) @ (8) For fiscal year 2025, represents the amount paid pursuant to a settlement agreement with the Chapter 11 trustee for Tommy's Fort Worth LLC and its affiliate debtors and represents legal and advisory fees related to litigat
Slide 81: Definitions of Non-GAAP Financial Measures
Slide 82: Reconciliation of Net Cash Provided by Operating Activities to Adjusted Free Cash Flow