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Dec 31, 2022

Lazydays Q4 2022 Earnings Report

Reported a decrease in revenue and a net loss compared to the same quarter last year.

Key Takeaways

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.

Fourth quarter revenue decreased to $243.5 million from $322.5 million in the fourth quarter of 2021.

Net loss for the fourth quarter was ($1.4) million, compared to net income of $16.9 million in the fourth quarter of 2021.

Adjusted net income for the fourth quarter was $0.9 million, compared to $20.2 million for the same period in 2021.

Ended the fourth quarter with $61.7 million in cash on hand.

Total Revenue
$243M
Previous year: $323M
-24.5%
EPS
-$0.02
Previous year: $0.99
-102.0%
Gross Profit
$50M
Previous year: $80.1M
-37.6%
Cash and Equivalents
$61.7M
Previous year: $98.1M
-37.1%
Free Cash Flow
-$80.8M
Previous year: -$87.8M
-8.0%
Total Assets
$831M
Previous year: $698M
+19.0%

Lazydays

Lazydays