Mastercraft Boat Holdings, Inc. · NASDAQ:MCFT
Mastercraft Boat — Q3 2026 Earnings Presentation
20 slides from Mastercraft Boat's earnings presentation, May 7, 2026
Slide 1: Fiscal Third Quarter Results
MasterCraft Boat Holdings, Inc. Fiscal Third Quarter Results May 7, 2026
Slide 2: Disclaimer
Disclaimer Fo r ward Lo o kin g Statem ents Th i s p res e ntation in clu d e s fo r ward - lookin g state m ent s (as su ch ter m is d efin ed in th e Pri vate S e cu riti e s L iti gation Refor m A ct of 1 9 9 5). For ward -lookin g state m e nts can often b e id en tifi ed b y s u ch wo rd s an d
Slide 3: Disclaimer (cont.)
Disclaimer (cont.) A d d i t i o n a l I n fo r m at i o n a n d W h e re t o F i n d I t I n co n n e c t i o n w i t h t h e p r o p o s e d t r a n s a c t i o n s , M C B H i n t e n d s t o f i l e w i t h t h e S E C a r e g i s t r a t i o n s t a t e m e nt o n F o r m S - 4 ( t h e “ R e g
Slide 4: Today's Presenters
Today’s Presenters Brad Nelson Scott Kent Chief Executive Officer and Director Chief Financial Officer Fiscal Third Quarter 2026 Results 4
Slide 5: Third Quarter 2026 Earnings Overview
Third Quarter 2026 Earnings Overview Dollars Presented in Millions, Except Per Share Data Financial Results Above Resilient Balance Sheet Substantially Improved Premium Product Driving Expectations Provides Flexibility Channel Inventories Momentum • Net sales of $78.2 • Strong financial position • D
Slide 6: Third Quarter Comparative Results
Third Quarter Comparative Results Net Sales1 Unit Volume N e t I n c o m e ( L o s s ) 2/ Diluted Net Income Per ($’s in millions) Adjusted EBITDA Share3 / Adjusted ($’s in millions) Diluted Net Income Per Share $0.45 $78.2 619 $10.7 $76.0 571 $11.4 $11.7 197 162 $0.30 $7.5 $0.23 $64.2 $66.8 $3.8 42
Slide 7: Third Quarter YTD Comparative Results
Third Quarter YTD Comparative Results Net Sales1 Unit Volume N e t I n c o m e 2/ A d j u s t e d Diluted Net Income Per ($’s in millions) EBITDA Share3 / Adjusted ($’s in millions) Diluted Net Income Per Share $219.0 1,723 1,719 $25.2 $204.7 $1.03 $32.3 $29.8 527 524 $14.9 $0.53 $186.6 $174.9 1,196
Slide 8: Capital Allocation Framework
Capital Allocation Framework Retain Strong Financial Invest in Long-Term Return Excess Cash Key Metrics Position Growth ($’s in millions) ($’s in millions) • Maintain healthy balance sheet Organic Growth: • $50 share repurchase program Cash and ST Investments $84.6 • Ensure adequate liquidity • Focu
Slide 9: MCBH Fiscal Year 2026 Guidance
MCBH Fiscal Year 2026 Guidance1 Metric FY 2026 ($’s In Millions, Except Per Share Data) Net Sales $312 Adjusted EBITDA $40 Adj DEPS $1.65 Capital Expenditures ~$8 1 Excludes impact from the proposed Marine Products Corporation transaction Fiscal Third Quarter 2026 Results 9
Slide 10: Proposed Combination with Marine Products Corporation
Proposed Combination with Marine Products Corporation Premium Performance Leisure Leisure Sport Fishing Recreation 15 Models 3 Models 6 Models 21 Models 20 Models 20-25 ft. Length Range 24-26 ft. Length Range 18-26 ft. Length Range 18-36 ft. Length Range 20-32 ft. Length Range $120k - $500k Price Ra
Slide 11: Projected Pro Forma Financials
Projected Pro Forma Financials EXPECTED PRO FORMA FINANCIALS AT CLOSING ~$560M ~$64M $40M - $60M $115M - $135M $0 Net Sales1 Adjusted EBITDA1 Cash Net Liquidity Total Debt FCF Positive 1 Fiscal Year 2026 Pro Forma Combined Net Sales and Adjusted EBITDA (Excludes Projected Cost Savings and Synergies)
Slide 12: Appendix
Appendix 12 Fiscal Third Quarter 2026 Results
Slide 13: Third Quarter Adjusted EBITDA Reconciliation
Third Quarter Adjusted EBITDA Reconciliation % of % of Q3 FY26 Q3 FY25 (Dollars in thousands) sales sales The following table sets forth a reconciliation Income (loss) from continuing operations $ (716) -0.9% $ 3,821 5.0% of income (loss) from continuing operations Income tax expense 49 1,053 as det
Slide 14: Third Quarter YTD Adjusted EBITDA Reconciliation
Third Quarter YTD Adjusted EBITDA Reconciliation % of % of The following table sets forth a reconciliation FY26 FY25 (Dollars in thousands) sales sales of income from continuing operations as Income from continuing operations $ 5,428 2.5% $ 5,263 2.6% determined in accordance with U.S. GAAP to Incom
Slide 15: Third Quarter Adjusted Net Income Reconciliation
Third Quarter Adjusted Net Income Reconciliation (Dollars in thousands, except per share and share amounts) Q3 FY26 Q3 FY25 Income (loss) from continuing operations $ (716) $ 3,821 Income tax expense 49 1,053 The following table sets forth a Amortization of acquisition intangibles 450 450 Share-base
Slide 16: Third Quarter YTD Adjusted Net Income Reconciliation
Third Quarter YTD Adjusted Net Income Reconciliation FY26 FY25 (Dollars in thousands, except per share and share am ounts) Income from continuing operations $ 5,428 $ 5,263 The following table sets forth a Income tax expense 1,811 1,521 Amortization of acquisition intangibles 1,350 1,350 reconciliat
Slide 17: Third Quarter Adjusted Net Income Per Share Reconciliation
Third Quarter Adjusted Net Income Per Share Reconciliation Q3 FY26 Q3 FY25 Income (loss) from continuing operations per diluted share $ (0.04) $ 0.23 Impact of adjustments: The following table sets forth a Income tax expense - 0.06 reconciliation of income (loss) from Amortization of acquisition int
Slide 18: Third Quarter YTD Adjusted Net Income Per Share Reconciliation
Third Quarter YTD Adjusted Net Income Per Share Reconciliation FY26 FY25 The following table sets forth a Income from continuing operations per diluted share $ 0.33 $ 0.32 Impact of adjustments: reconciliation of income from continuing Income tax expense 0.11 0.09 operations per diluted share as det
Slide 19: Third Quarter YTD Free Cash Flow Reconciliation
Third Quarter YTD Free Cash Flow Reconciliation The following table presents the reconciliation of ($ in thousands) FY26 FY25 Net cash provided by operating activities of continuing operations $ 13,387 $ 18,457 net cash flow by operating activities of Less: continuing operations to Free Cash Flow fo
Slide 20: Transaction Summary
Transaction Summary 1 Transaction • Marine Products shareholders to receive 0.232 MasterCraft Boat Holdings, Inc. shares and $2.43 of cash consideration per Marine Products Structure and share owned (represents total cash consideration of $86 million), in a transaction valued at $232.2 million, net
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