Compass Diversified Q2 2021 Earnings Report
Key Takeaways
Compass Diversified reported a net sales of $487.4 million and a net loss of $11.3 million for the quarter ended June 30, 2021. The company's performance was driven by its branded consumer businesses and the acquisitions of BOA and Marucci. They also raised the full year guidance.
Reported net sales of $487.4 million.
Reported net loss of $11.3 million.
Reported non-GAAP Adjusted EBITDA of $94.2 million.
Entered into a definitive agreement to sell Liberty Safe for $147.5 million.
Compass Diversified
Compass Diversified
Compass Diversified Revenue by Segment
Forward Guidance
The Company expects its current subsidiaries to produce consolidated Adjusted EBITDA for the full calendar year of 2021 of between $350 million and $370 million. Excluding Liberty Safe, CODI expects to produce consolidated subsidiary Adjusted EBITDA for the full calendar year of 2021 of between $325 million and $345 million. CODI’s Payout Ratio is anticipated to be between 65% and 55%.
Revenue & Expenses
Visualization of income flow from segment revenue to net income