Malibu Boats Surprises with Strong Q4, Beating Revenue Expectations

Ticker: MBUU

Key Highlights:

* Revenue: $200.3 million, exceeding analyst estimates of $191.2 million (5.1% year-over-year decline, 4.8% beat)
* Adjusted EPS: $0.31, significantly higher than analyst consensus of $0.18 (73.6% beat)
* Adjusted EBITDA: $16.89 million, outperforming estimates of $15.14 million (8.4% margin, 11.6% beat)
* Operating Margin: 1.6%, lower than 7% in the same period last year

Company Overview:

Malibu Boats (MBUU) manufactures high-performance sports boats and luxury watercrafts, founded in 1982.

Sales Performance:

* Consistent growth challenge, with annual sales over the past 12 months ($734 million) near five-year revenue levels
* Recent revenue decline of 25.9% annually over the last two years

Q4 Financial Results:

* Revenue fell 5.1% year-over-year but beat analyst estimates
* Analysts project 24% revenue growth over the next 12 months

Cash Flow:

* Limited cash profitability, with a poor free cash flow margin of 3.7%

Analyst Commentary:

* Positive outlook due to EPS surprise and revenue outperformance
* Valuation, business qualities, and recent financial performance should be considered before investing

Full Research Report:

For additional insights and analysis, refer to our comprehensive research report here.