Holley reports Q4 net loss of $37.8M on $140M sales; impairment charges and guidance for 2025

Holley Inc.

Q4 net sales $140.1M, down 10.1% YoY; full year $602.2M, down 8.7% from $659.7M.
Q4 net loss $(37.8M) ($0.32/diluted share) includes $40.9M goodwill and $7.7M trademark impairment.
Q4 adjusted net income $12.6M vs $(0.5M) loss prior year; adjusted EBITDA $29.1M vs $28.5M.
Full year net loss $(23.2M) vs prior year net income $19.2M; adj. EBITDA $110.5M vs $130.9M.
Guidance provided for Q1 and FY2025; revolver amendment enhances financial flexibility.

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