•
Jun 30, 2022

Lazydays Q2 2022 Earnings Report

Announced second quarter 2022 financial results, with revenue up and adjusted EBITDA down compared to the second quarter of 2021.

Key Takeaways

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.

Net Income for the quarter was $31.8 million, up $6.5 million compared to the second quarter of 2021.

Second quarter revenue was $373.6 million, up $50.8 million compared to the second quarter of 2021.

Adjusted EBITDA of $38.4 million was down 6.8% compared to the second quarter of 2021.

Lazydays continues to add locations at a rapid pace, executing its geographic expansion strategy.

Total Revenue
$374M
Previous year: $323M
+15.7%
EPS
$0.81
Previous year: $1.21
-33.1%
Gross Profit
$95.2M
Previous year: $82.9M
+14.9%
Cash and Equivalents
$105M
Free Cash Flow
-$19.1M
Previous year: $51.7M
-137.0%
Total Assets
$795M
Previous year: $480M
+65.5%

Lazydays

Lazydays

Forward Guidance

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.