Holley Q4 net sales up 29.9% to $179.8M; adjusted EBITDA rises to $36.1M

Holley Inc.

Q4 2021 net sales $179.8M (+29.9% YoY); gross profit $74.7M (+37.0%).
Q4 net loss $(18.0)M (EPS $(0.16)) vs net income $2.0M in Q4 2020.
Q4 adjusted net income $9.0M and adjusted EBITDA $36.1M vs $2.0M and $30.4M prior year.
Full year 2021 net sales $692.8M (+37.4%); adjusted EBITDA $169.5M vs $126.2M.
Company provided full year 2022 outlook; specific guidance figures not included in this excerpt.

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