secwatch.observer — SEC 8-K summary
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Issuer:     OneWater Marine Inc. (ONEW)
CIK:        0001772921
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001772921-24-000089
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 1.01, 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneWater Marine reports FY2024 net loss $6.2M, revenue down 8.5%; amends credit agreements
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- FY2024 revenue $1.78B (-8.5% YoY); same-store sales -7%; GAAP net loss $6.2M (-$0.39/diluted).
- Adjusted diluted EPS $0.98 vs $5.10 prior year; adjusted EBITDA $82M vs $176M (-53.2%).
- Q4 revenue $377.9M (-16.2%); net loss $10.4M (-$0.63/diluted); adjusted EBITDA $7.8M (-73.7%).
- FY2025 guidance: revenue $1.7B-$1.85B, same-store sales up low single digits, adj. EBITDA $80M-$110M, adj. EPS $1.00-$2.00.
- Amended credit agreements extended maturity to July 2026, waived Q4 covenant compliance, reduced inventory borrowing capacity to $595M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1772921/000177292124000089/0001772921-24-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1772921/000177292124000089/onew-20241113.htm
  HTML page:      https://secwatch.observer/filing/0001772921-24-000089

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