earnings
confidence high
sentiment positive
materiality 0.80
Malibu Boats Q3 FY2022: record net sales $344.3M (+26% YoY), net income $54.8M (+56.1%)
MALIBU BOATS, INC.
2022-Q3 EPS reported
$5.20
revenue$861,671,000
- Net sales record $344.3M (+26% YoY); unit volume 2,562 (+4.4%); gross margin 28.2% vs 26.4%.
- Net income $54.8M (+56.1%); diluted EPS $2.51 (+55.9%); adjusted fully distributed EPS $2.61.
- Adjusted EBITDA $79.8M (+39.9%); margin 23.2% vs 20.9%.
- FY2022 guidance: revenue growth 28-29% YoY, Adj. EBITDA margin approaching 20.5%.
- CEO cites supply chain challenges overcome and vertical integration from Malibu Electronics acquisition.