Mastercraft Boat Holdings Inc (OQ:MCFT)
Business Focus: Sailing Yachts & Motorboats
| Sector: Consumer Cyclicals | Industry: Recreational Products |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 100 Cherokee Cove Dr VONORE TN 37885-2129 |
| Tel: | N/A |
| Website: | https://investors.mastercraft.com |
| IR: | See website |
| Key People | ||
| Frederick A. Brightbill Chairman of the Board | Bradley M. Nelson Chief Executive Officer, Director | Timothy M. Oxley Chief Financial Officer, Treasurer, Secretary |
| Mike O'connell President - Aviara | George Steinbarger Chief Revenue Officer | |
| Business Overview |
| MasterCraft Boat Holdings, Inc. is a designer, manufacturer and marketer of recreational powerboats through its three brands, MasterCraft, Crest and Aviara. It designs, manufactures and sells premium recreational inboard ski/wake, outboard and sterndrive boats. In addition, it offers various accessories, including trailers and aftermarket parts. The Company's segments include MasterCraft, Crest and Aviara. MasterCraft segment consists of its MasterCraft brand, which manufactures premium ski/wake boats. The MasterCraft participates in a category within the powerboat industry by producing the industry's premier competitive water ski, wakeboarding, and wake surfing performance boats. Crest segment consists of its Crest brand, which manufactures pontoon boats. Aviara segment consists of its Aviara brand, which manufactures luxury day boats. Aviara is a de novo brand, developed in-house, and focused on serving the luxury recreational day boat category of the powerboat industry. |
| Financial Overview |
| For the 26 weeks ended 31 December 2023, Mastercraft Boat Holdings Inc revenues decreased 38% to $203.7M. Net income before extraordinary items decreased 71% to $13M. Revenues reflect MasterCraft segment decrease of 33% to $148.5M, Crest segment decrease of 56% to $35.5M, Aviara segment decrease of 27% to $19.6M. Net income also reflects MasterCraft segment income decrease of 56% to $20.6M, Crest segment income decrease of 94% to $732K. |
| Employees: | 1,060 as of Jun 30, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $305.65M as of Dec 31, 2023 |
| Annual revenue (TTM): | $537.04M as of Dec 31, 2023 |
| EBITDA (TTM): | $84.65M as of Dec 31, 2023 |
| Net annual income (TTM): | $58.84M as of Dec 31, 2023 |
| Free cash flow (TTM): | $48.47M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 17,033,805 as of Feb 2, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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