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Mar 31, 2022

Lazydays Q1 2022 Earnings Report

Announced first quarter financial results, with increased revenue and net income compared to the first quarter of 2021.

Key Takeaways

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.

Revenue increased by $105.2 million compared to Q1 2021, reaching $376.2 million.

Net income rose by $19.4 million compared to Q1 2021, totaling $28.3 million.

EBITDA increased by 60.9% compared to Q1 2021, reaching $44.8 million.

The company continues to execute its geographic expansion strategy through acquisitions and greenfield locations.

Total Revenue
$376M
Previous year: $271M
+38.8%
EPS
$1.17
Previous year: $0.32
+265.6%
EBITDA
$44.8M
Gross Profit
$95.1M
Previous year: $64.1M
+48.3%
Cash and Equivalents
$89.6M
Free Cash Flow
-$25.3M
Previous year: $23M
-210.4%
Total Assets
$753M
Previous year: $468M
+60.7%

Lazydays

Lazydays