•
Sep 30, 2020

Compass Diversified Q3 2020 Earnings Report

Compass Diversified's third quarter performance was driven by branded consumer segment and CAD increased from prior year.

Key Takeaways

Compass Diversified reported strong Q3 2020 results, driven by the outperformance of its branded consumer businesses. Net sales were $418.9 million and net income was $20.9 million. The company also completed the acquisition of BOA Technology subsequent to the quarter-end.

Reported net sales of $418.9 million.

Reported net income of $20.9 million.

Reported non-GAAP Adjusted EBITDA of $73.9 million.

Reported non-GAAP Cash Flow Available for Distribution and Reinvestment (CAD) of $43.5 million.

Total Revenue
$419M
Previous year: $388M
+7.9%
EPS
$0.08
Previous year: $0.03
+166.7%
Adjusted EBITDA
$73.9M
Gross Profit
$154M
Previous year: $137M
+12.6%
Cash and Equivalents
$177M
Previous year: $286M
-38.1%
Free Cash Flow
$16.6M
Previous year: $15.3M
+8.6%
Total Assets
$2.19B
Previous year: $2.13B
+2.7%

Compass Diversified

Compass Diversified

Compass Diversified Revenue by Segment

Forward Guidance

The Company estimates its full year 2020 consolidated subsidiary Adjusted EBITDA, before deducting corporate expense, and including Marucci and BOA as if they were acquired January 1, 2020, will be between $270 million and $280 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income