secwatch.observer — SEC 8-K summary
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Issuer:     Holley Inc. (HLLY)
CIK:        0001822928
Form:       8-K
Filed at:   2025-03-11T23:59:59+00:00
Accession:  0001437749-25-006904
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822928/000143774925006904/0001437749-25-006904-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822928/000143774925006904/hlly20241112_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-006904

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