Lazydays faced a challenging fourth quarter in 2024, with a notable decline in revenue and deepening losses, including impairment charges and a loss from changes in warrant liability values.
Lazydays Holdings reported a challenging third quarter with a decrease in total revenue to $213.5 million compared to $280.7 million in the same period last year. The company experienced a net loss of $17.7 million, compared to a net loss of $5.6 million in the same period of 2023. However, the company is optimistic due to the completion of recapitalization transactions.
Lazydays reported a decrease in total revenue and a net loss for the second quarter of 2024, compared to the same period in 2023. The company focused on maintaining healthy vehicle inventory and improving F&I per unit, but anticipated seasonal sales volume improvement did not materialize. Cost reduction actions have been implemented to save approximately $25 million annually.
Lazydays reported a decrease in total revenue to $270.6 million compared to $295.7 million for the same period in 2023. The company experienced a net loss of $22.0 million, a significant increase from the net loss of $0.3 million in the same period last year. Adjusted net loss was $21.4 million, compared to an adjusted net income of $1.2 million in the first quarter of 2023.
Lazydays reported a decrease in revenue to $198.0 million from $243.5 million in Q4 2022. The company recorded a net loss of $108.0 million, which includes a non-cash goodwill impairment charge of $118.0 million.
Lazydays reported a decrease in revenue to $280.7 million from $333.8 million year-over-year. The company experienced a net loss of $(5.6) million, a significant change from the net income of $7.7 million in the same quarter of the previous year. Despite the losses, Lazydays expanded its network through acquisitions and new greenfield locations.
Lazydays reported a decrease in revenue to $308.4 million compared to $373.6 million in Q2 2022. Net income also decreased to $3.6 million from $27.1 million in the same period last year. Adjusted net income was $3.9 million compared to $23.5 million for the same period in 2022.
Lazydays reported a decrease in revenue to $295.7 million from $376.2 million in Q1 2022. The company experienced a net loss of $1.5 million, a significant change from the net income of $27.1 million in the same quarter last year.
Lazydays reported a decrease in revenue to $243.5 million and a net loss of $1.4 million for the fourth quarter of 2022, compared to revenue of $322.5 million and net income of $16.9 million in the fourth quarter of 2021.
Lazydays reported a revenue increase to $333.8 million from $318.7 million in the third quarter of 2021. Net income per diluted share was $0.35, compared to $1.16 in the third quarter of 2021. Net income for the quarter was $7.7 million, compared to $31.0 million in the third quarter of 2021.
Lazydays Holdings, Inc. reported a revenue increase for the second quarter of 2022, with Net Income also increasing, while Adjusted EBITDA decreased compared to the same period in 2021.
Lazydays Holdings, Inc. reported a strong first quarter with revenue reaching $376.2 million and net income of $28.3 million. The company experienced significant growth compared to the same period last year.
Lazydays Holdings, Inc. reported financial results for the fourth quarter and fiscal year ended December 31, 2021.
Lazydays Holdings, Inc. announced record third quarter results with net income of $31.0 million, up $27.3 million compared to third quarter 2020. Third quarter revenue was $318.7 million, up $103.0 million compared to third quarter 2020. EBITDA of $41.5 million, was an all-time quarterly record and more than double third quarter 2020.
Lazydays Holdings, Inc. announced record second quarter revenue of $322.8 million and net income of $25.3 million, up $20.0 million compared to second quarter 2020.
Lazydays Holdings, Inc. reported financial results for the fourth quarter and fiscal year ended December 31, 2020, indicating continued strong year-on-year growth in First Quarter 2021.
Lazydays Holdings, Inc. reported its financial results for the third quarter ended September 30, 2020.
Lazydays Holdings, Inc. reported its financial results for the second quarter ended June 30, 2020. The company highlighted both financial results and key events during the quarter.
Lazydays Holdings, Inc. reported financial results for the first quarter ended March 31, 2020.
Lazydays Holdings, Inc. reported financial results for the fourth quarter and fiscal year ended December 31, 2019, along with updates and highlights for the first quarter ending March 31, 2020, indicating strong growth.