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.
Revenue decreased to $295.7 million, down from $376.2 million in the first quarter of 2022.
Net loss was $1.5 million, compared to a net income of $27.1 million in the first quarter of 2022.
Adjusted net income was $1.2 million, a decrease from $28.2 million in the same period of the previous year.
Opened a new greenfield location in Council Bluffs, Iowa, expected to generate $35 million in annual revenues.
Company is on track to open three additional greenfield locations in the back half of 2023.