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Sep 30, 2022
Malibu Boats Q1 2023 Earnings Report
Malibu Boats reported a record first quarter for fiscal year 2023, driven by strong brand performance and effective operational execution.
Key Takeaways
Malibu Boats, Inc. announced record first quarter fiscal 2023 results, with net sales increasing by 19.2% to $302.2 million and net income increasing by 29.3% to $36.1 million. The company's performance was supported by continued strength across its brands and effective execution of its operating model.
Net sales increased 19.2% to $302.2 million.
Unit volume increased 10.5% to 2,237 units.
Gross profit increased 24.9% to $74.6 million.
Net income increased 29.3% to $36.1 million.
Malibu Boats
Malibu Boats
Malibu Boats Revenue by Segment
Revenue by Segment
Malibu Revenue
CapyFin.comSaltwater Fishing Revenue
CapyFin.comCobalt Revenue
CapyFin.com Forward Guidance
For fiscal year 2023, Malibu anticipates net sales growth percentage in the mid to high single digits year-over-year and Adjusted EBITDA margin down slightly year-over-year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income