secwatch.observer — SEC 8-K summary
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Issuer:     MARINE PRODUCTS CORP (MPX)
CIK:        0001129155
Form:       8-K
Filed at:   2022-11-16T23:59:59+00:00
Accession:  0001104659-22-119342
Event type: other_material
Sentiment:  positive
Materiality: 0.30
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marine Products updates investor presentation with TTM Q3 22 sales $349M, EBITDA $50M
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- TTM Q3 22 sales of $349M, EBITDA of $50M; LTM gross margin ~24%, EBITDA margin ~13%.
- No debt, market cap $373M, dividend yield 5.0% on stock price $11.20 per share.
- Holds #2 outboard market share in 18–36 ft range; 40 boat models, 300+ dealers globally.
- ROIC ~17% since 2006; paid dividends in all but 2 years as a public company.
- Non-GAAP EBITDA reconciliation shows net income TTM Q3 22 YTD $28.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1129155/000110465922119342/0001104659-22-119342-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1129155/000110465922119342/tm2230544d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-119342

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer