OneWater Marine Inc (OQ:ONEW)

Sector:  Consumer Cyclicals Industry:  Recreational Products
See Regulatory Filings on SEC
Company Contact
Address: 6275 Lanier Islands Pkwy
Buford GA 30518-1480
Tel: N/A
IR: See website
Key People
Business Overview
OneWater Marine Inc. is a recreational boat retailer. The Company operates through approximately 63 stores comprising 21 dealer groups in 11 states. Its dealer groups are located across the Southeast, Gulf Coast, Mid-Atlantic and Northeast, including Texas, Florida, Alabama, North Carolina, South Carolina, Georgia, Ohio and New York. It offers new and pre-owned recreational boats, yachts and related marine products, including parts and accessories. It also provides boat repair and maintenance services, arranges boat financing and boat insurance and offers other ancillary services, including indoor and outdoor storage, marina services, and rentals of boats and personal watercraft. It offers products of various brands, such as Everglades, Pursuit, Scout, SeaFox, Bennington, Barletta, Harris, Cobalt, Regal, Chris-Craft, Axis and Malibu.
Financial Overview
For the nine months ended 30 June 2019, OneWater Marine Inc revenues increased 26% to $561.6M. Net income applicable to common stockholders totaled $24M vs. loss of $4.9M. Revenues reflect New boat sales increase of 28% to $375.2M, Pre-owned boat sales increase of 14% to $122M, Service, parts and other sales increase of 43% to $45.9M. Net Income reflects Change in fair value of warrant liabili increase from $27M (expense) to $2.8M (income).
Employees: 1,140 as of Sep 1, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $620.71M as of Jun 30, 2019
Annual revenue (TTM): $718.98M as of Jun 30, 2019
EBITDA (TTM): $53.44M as of Jun 30, 2019
Net annual income (TTM): $21.48M as of Jun 30, 2019
Free cash flow (TTM): -$38.62M as of Jun 30, 2019
Net Debt Last Fiscal Year: $284.76M as of Jun 30, 2019
Shares outstanding: 23,018,003 as of Feb 13, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization