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Dec 31, 2022
Malibu Boats Q2 2023 Earnings Report
Malibu Boats' financial performance showcased growth, with significant increases in net sales, unit volume, gross profit, and net income.
Key Takeaways
Malibu Boats, Inc. reported a strong second quarter for fiscal year 2023, marked by a 28.4% increase in net sales, a 17.5% rise in net income, and a 19.7% growth in Adjusted EBITDA compared to the prior year. The company's performance was driven by increased unit volumes across all segments and inflation-driven price increases.
Net sales increased by 28.4% to $338.7 million.
Unit volume increased by 17.7% to 2,439 units.
Net income increased by 17.5% to $36.4 million.
Adjusted EBITDA increased by 19.7% to $57.6 million.
Revenue by Segment
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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