{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-005805","form_type":"8-K","ticker":"HLLY","cik":"0001822928","company_name":"Holley Inc.","filed_at":"2024-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.747275+00:00","generated_at":"2026-06-05T09:22:34.661753+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Holley reports Q4 net income $1.2M vs loss; Q4 adj EBITDA up 89% YoY; guides FY2024 sales $671-721M","bullets":["Q4 net sales $155.7M (+1.0% YoY); gross margin 38.7% vs 30.7% YoY.","Q4 net income $1.2M ($0.01 diluted EPS) vs net loss $(15.2M); adjusted EBITDA $28.5M (+89%).","Full year 2023 net sales $659.7M (-4.2% YoY); net income $19.2M ($0.16 diluted EPS) vs $73.8M ($0.14).","Adjusted EBITDA FY2023 $130.1M vs $114.7M; free cash flow $83.6M vs $(0.4M) YoY.","FY2024 guidance: net sales $671-721M, adjusted EBITDA $132-149M; Q1 sales $157-167M, EBITDA $26-31M."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-005805","json":"https://secwatch.observer/filing/0001437749-24-005805.json","markdown":"https://secwatch.observer/filing/0001437749-24-005805.md","text":"https://secwatch.observer/filing/0001437749-24-005805.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1822928/000143774924005805/0001437749-24-005805-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1822928/000143774924005805/hlly20240131_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T09:22:34.661753+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"39b0ef997a263811e2fd0eee963a36de7d64197f","claim":"Holley Inc. reported quarter ended December 31, 2023 results: revenue $155.7 million, net income $1.2 million, EPS $0.01 per diluted share. Guidance initiated.","evidence_excerpt":"today announced financial results for its fourth quarter and full year ended December 31, 2023. Fourth Quarter Highlights vs. Prior Year Period ● Net Sales increased 1.0% to $155.7 million compared to $154.2 million last year ● Gross Profit increased 27.5% to $60.3 million compared to $47.3 million last year, and gross margin was 38.7% compared to 30.7% last year ●","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822928/000143774924005805/0001437749-24-005805-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended December 31, 2023"},{"label":"Revenue","value":"$155.7 million"},{"label":"Net income","value":"$1.2 million"},{"label":"EPS","value":"$0.01 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d299035cb44e79e49a7688e093f172933c80f265","claim":"Holley Inc. reported full year ended December 31, 2023 results: revenue $659.7 million, net income $19.2 million, EPS $0.16 per diluted share. Guidance initiated.","evidence_excerpt":"to $0.1 million last year ● Free Cash Flow 1 was $29.9 million compared to $(1.3) million last year Full Year 2023 Highlights vs. Prior Year Period ● Net Sales decreased 4.2% to $659.7 million compared to $688.4 million last year ● Gross Profit increased 1.0% to $256.1 million compared to $253.7 million last year, and gross margin was 38.8% compared to 36.8% last year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822928/000143774924005805/0001437749-24-005805-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year ended December 31, 2023"},{"label":"Revenue","value":"$659.7 million"},{"label":"Net income","value":"$19.2 million"},{"label":"EPS","value":"$0.16 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}