secwatch.observer — SEC 8-K summary
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Issuer:     MALIBU BOATS, INC. (MBUU)
CIK:        0001590976
Form:       8-K
Filed at:   2024-08-29T23:59:59+00:00
Accession:  0001590976-24-000070
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Malibu Boats Q4 net sales plunge 57% to $158.7M; full-year net loss of $56.4M
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- Q4 net sales $158.7M (-57.4% YoY); unit volume 1,045 (-59.0%); net loss $19.6M ($0.94 diluted EPS loss).
- Q4 adjusted EBITDA negative $4.1M vs $90.1M positive a year ago; gross margin fell to 7.9% from 27.5%.
- FY2024 net loss $56.4M vs net income $107.9M in FY2023; adjusted EBITDA $82.2M, down 71%.
- FY2025 guidance: low single-digit net sales growth; adjusted EBITDA margin 10%-12%.
- All segments saw double-digit revenue declines; Malibu segment sales down 76.6% to $37.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590976/000159097624000070/0001590976-24-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590976/000159097624000070/mbuu-20240829.htm
  HTML page:      https://secwatch.observer/filing/0001590976-24-000070

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