Carmen R. Bauza
On March 1, 2023, the Board appointed Carmen R. Bauza to the Board as a director, effective as of March 1, 2023
Highest-materiality recent filing
OneWater Marine Q3 net income rises to $11.7M; margin expands, leverage drops to 3.7x
Revenue $530.7M (-4% YoY); same-store sales -2%; gross margin 24.0% (+70 bps).
OneWater Marine Q2 revenue down 9% to $442M; net loss of $13M; margins improve, debt reduced
Revenue $442.3M (-8.5% YoY); same-store sales -8%; new boat revenue -12.1%.
OneWater Marine sells Ocean Bio-Chem for $50M cash; records ~$9.6M loss on sale
Sold Ocean Bio-Chem to Recochem Inc. for estimated $50M cash (base $55M less ~$5M working capital adjustments).
OneWater Marine sells Ocean Bio-Chem for $50M, updates FY 2026 guidance
Completed sale of Ocean Bio-Chem Holdings for $50M; proceeds to reduce debt, target net leverage below 4.0x by FY end.
OneWater Marine Q1 revenue up 1.3% to $380.6M; net loss narrows; maintains FY guidance
Revenue $380.6M (+1.3% YoY); same-store sales flat; new boat revenue down 5.9%, pre-owned up 24%.
Maturity under Credit Agreement extended to July 31, 2027; covenants and interest rates adjusted.
OneWater Marine FY2025 net loss $116M; adj. EPS $0.44 vs $0.98; guides FY2026 below consensus
FY2025 revenue $1.87B (+6% YoY); same-store sales +6%; net loss $(116)M ($(7.22)/sh) due to $146M goodwill impairment.
OneWater Marine appoints Aisquith CEO, Singleton Executive Chairman, Ezzell COO
Anthony Aisquith named CEO, retains Board seat; P. Austin Singleton transitions to Executive Chairman.
OneWater Marine Q3 revenue up 2% to $553M; net income falls, guides FY EBITDA $65-80M
Revenue $552.9M (+1.9% YoY); same-store sales +2%; new boat -2.1%, pre-owned +17.8%.
OneWater Marine Q2 revenue down 1%; adjusted EPS $0.13 vs $0.67; FY outlook trimmed
Revenue $483.5M (-1% YoY); same-store sales -2%; GAAP net loss $0.4M (-$0.02 per share).
OneWater Q1 revenue up 3% to $376M; net loss widens to $0.81 per share
Revenue $375.8M (+3.2% YoY); same-store sales +4.2% on higher unit sales.
OneWater Marine reports FY2024 net loss $6.2M, revenue down 8.5%; amends credit agreements
FY2024 revenue $1.78B (-8.5% YoY); same-store sales -7%; GAAP net loss $6.2M (-$0.39/diluted).
Hurricane Helene to impact OneWater's 26 Gulf Coast locations; FY guidance revised downward
26 Gulf Coast locations activated disaster plan; 21 additional locations in AL, GA, SC face flooding.
OneWater Marine Q3 revenue down 9%; adj. EPS $1.05; guides FY adj. EBITDA $90-100M
Revenue $542.4M, down 8.7% YoY; same-store sales down 8%.
OneWater Marine Q2 net loss $4.5M; revenue down 7% to $488M; maintains FY guidance
Revenue $488.3M (-6.9% YoY); same-store sales -5% but +4% on two-year stack.
GAAP net loss of $8.0M ($0.49 diluted loss); adjusted diluted loss per share $0.38.
Revenue $1.94B (+11% YoY); same-store sales +3%; gross margin 27.6% (down 330 bps).
OneWater Marine Q3 net income halved to $33.3M; lowers FY2023 Adjusted EBITDA guidance
Revenue $594.3M (+4.5% YoY), but net income fell to $33.3M from $64.5M; diluted EPS $1.95 vs $3.86.
Revenue increased 19% to $524M, a fiscal Q2 record; same-store sales up 11%.
OneWater Marine Q1 net income $11.4M ($0.61 EPS) down 51% YoY; lowers FY guidance
Revenue $366.7M (+9% YoY record Q1); service/parts/other up 86% to $70M.
OneWater Marine reports record FY2022 revenue $1.74B, net income $153M, Adj. EBITDA $248M
FY2022 revenue $1.74B (+42% YoY); same-store sales +12%; gross margin expanded 260 bps to 31.7%.
OneWater Marine pro forma: FY2021 net income $83.9M, 9mo2022 $101.4M from THMS and OBCI acquisitions
Pro forma combined revenue $1.385B for FY2021, $1.405B for 9mo2022; diluted EPS $7.30 and $7.90 respectively.
OneWater Marine to acquire Harbor View Marine (~$21M sales) to strengthen Gulf Coast footprint
Definitive agreement to buy Harbor View Marine, a Pensacola, FL and Orange Beach, AL dealership.
OneWater completes acquisition of Taylor Marine Centers, strengthens Mid-Atlantic presence
Completed previously announced acquisition of Taylor Marine Centers on October 4, 2022.
OneWater Marine to acquire Taylor Marine Centers; expands Mid-Atlantic presence
Taylor Marine Centers generated approximately $29M in sales over the past twelve months.
OneWater Marine completes $124.4M acquisition of Ocean Bio-Chem; obtains $510M credit facility
Acquired Ocean Bio-Chem for approx. $124.4M in cash ($13.08/share), adding marine parts & accessories.
OneWater Marine Q3 revenue up 41% to $569M, EPS $3.86, Adj. EBITDA +45%
Revenue $569M (+41% YoY); same-store sales +12%. Gross margin expanded 90bps to 32.3%.
OneWater Marine to acquire Ocean Bio-Chem for ~$125M all-cash, $13.08/share
OneWater will pay $13.08 per share for Ocean Bio-Chem (OBCI); total enterprise value ~$125M.
OneWater Marine Q2 revenue up 34% to $442M, EPS $2.54, up 39% YoY
Net income $42M (+38%); diluted EPS $2.54 (+39%); Adjusted EBITDA $66M (+65%).
OneWater Marine completes acquisition of Denison Yachting, issuing 253,840 shares valued at ~$9.7M
Acquisition closed April 1, 2022; consideration includes 253,840 shares of Class A common stock worth approx $9.7 million.
OneWater Marine agrees to acquire Denison Yachting for cash and ~$10M in stock
Deal includes cash and ~$10M in OneWater Class A common stock; expected close in fiscal Q3 2022.
OneWater Marine's T-H Marine acquires YakGear to expand paddle sports aftermarket
T-H Marine, a OneWater subsidiary, acquired YakGear, a supplier of kayak and paddle sports accessories.
OneWater Marine closes $185M acquisition of T-H Marine; reports financials
Acquired T-H Marine Supplies for ~$178.6M cash plus 133,531 shares (~$6.8M) on Nov 30, 2021.
On March 1, 2023, the Board appointed Carmen R. Bauza to the Board as a director, effective as of March 1, 2023
On November 28, 2022, Greg A. Shell, Sr. resigned from his position as a director on the board of directors (the “Board”) of OneWater Marine Inc. (the “Company”) and all committees on which he served due to the compliance policy of his new employer, which requires his resignation from any outside boards of directors.
the Board appointed J. Steven Roy to the Board as a director, effective as of August 12, 2022
On March 21, 2022, the Board appointed Greg A. Shell, Sr. to the Board as a director, effective as of April 1, 2022
Max materiality 0.90 · Median 0.65 · Most common event earnings