OneWater Marine

OneWater Marine, Inc. is a holding company, which engages in the marine retailers in the United States. It operates through the Dealerships and Distribution segments. The Dealerships segment is involved in the repair and maintenance services of engines and other marine related parts and equipment. The Distribution segment focuses on the sale of marine related parts and accessories along with appearance and maintenance products for the marine and other ancillary markets. The company was founded by Philip Austin Singleton, Jr. on April 3, 2019 and is headquartered in Buford, GA.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

OneWater Marine reports record revenue, navigates challenges with strategic focus

OneWater Marine's Q1 2023 performance reflects a shift in business model towards service parts and other businesses, despite facing challenges from macro-economic uncertainty and the impact of Hurricane Ian.
The company's strategic focus on acquisitions, debt reduction, and share repurchases, along with observing positive sales trends, positions them well for future growth and financial stability.
Opportunities lie in capitalizing on the return to seasonality, building popular boat types, and catering to value customers seeking immediate gratification, while navigating challenges in operating income and adjusted EBITDA.
Overall, OneWater Marine's Q1 2023 earnings call highlights a resilient approach to market dynamics and a strategic roadmap for sustainable growth and profitability.

OneWater Marine reports strong revenue growth amidst profitability challenges

OneWater Marine's Q2 2023 performance showcased revenue growth, though challenges in profitability were evident, emphasizing the need for cost optimization.
Strengths in same-store sales, inventory management, and customer focus position the company well for growth opportunities and navigating supply chain disruptions.
Challenges include managing operating expenses and supply chain disruptions, while opportunities exist in financial performance improvement and market expansion.
Overall, the company's strategic focus on growth, profitability, and resilience sets the stage for navigating uncertainties and driving sustainable success.

OneWater Marine maintains sales resilience amidst industry challenges

OneWater Marine navigated a challenging sales environment, maintaining flat same-store sales and demonstrating resilience. Despite facing margin pressures and higher interest expenses, the company highlighted solid revenue growth in key segments. Executives remain confident in their strategic approach and free cash flow generation, while addressing concerns about potential retail slowdown and adjusting expenses.

OneWater Marine reports record revenue in 2023 amidst challenges

OneWater Marine's fiscal 2023 performance showcased record revenue and stable margins despite industry challenges.
The company faces financial challenges with operating and net losses in Q4, necessitating strategic adjustments for profitability.
Opportunities lie in M&A growth prospects, selective acquisitions, and conservative capital allocation strategies for future expansion.
Overall, OneWater Marine's strong performance in boat sales and service demand position it well for market opportunities and growth.

OneWater Marine reports resilient sales growth amidst financial challenges

OneWater Marine's Q1 2024 performance showed resilience in sales growth and effective inventory management.
While facing financial challenges and operational uncertainties, the company maintains a focus on shareholder value.
Strategic opportunities lie in addressing cash flow issues, optimizing promotions, and managing manufacturer relationships.
Overall, the company's agility and strategic focus position it well for navigating market dynamics and enhancing profitability.

OneWater Marine reports resilient Q2 performance amidst market challenges

OneWater Marine's Q2 2024 showed resilience in challenging market conditions.
While facing margin pressure and profitability challenges, the company maintained stability.
Strategic acquisitions and effective inventory management position the company for future growth.
Opportunities exist to enhance revenue through improved new boat sales performance.

OneWater Marine reports Q3 results below expectations, focuses on efficiency

OneWater Marine faced challenges in Q3 2024 due to industry-wide sales decline and adverse weather, leading to lower-than-expected results.
Despite this, the company demonstrated resilience through proactive inventory management and cost optimization, focusing on operational efficiency and financial discipline.
Lowered full-year outlook for adjusted EBITDA reflects market conditions, but OneWater Marine remains committed to prudent expense and inventory management for future growth.
Opportunities exist for the company to leverage its strategies and adapt to market conditions, positioning it for sustainable growth and long-term value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

OneWater Marine, Inc. is a holding company, which engages in the retail of marine in the United States. It operates through the Dealerships and Distribution segments. The Dealerships segment involves the sale of new and pre-owned boats, arranges financing and insurance products, performs repairs and maintenance services, offers marine related parts, accessories and slips, and storage accommodations. The Distribution segment focuses on the manufacturing, assembly, and distribution of primarily marine-related products. The company was founded by Philip Austin Singleton, Jr. on April 3, 2019 and is headquartered in Buford, GA.

ONEW's revenue has grown impressively at a CAGR of +36%, accelerated by an aggressive M&A strategy.

OneWater Marine: Solid Business With M&A Strategy Priced Attractively

OneWater Marine's (ONEW) fiscal first-quarter margins are impacted by seasonal shifts in volume, mix and size of boats sold and lower revenues from higher-margin businesses.

OneWater Marine's (ONEW) Q1 Earnings & Revenues Lag Estimates

OneWater Marine Inc. (ONEW) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for OneWater Marine (ONEW) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, OneWater Marine (ONEW) Q1 Earnings: A Look at Key Metrics

Outperforming industry and gaining market share in more competitive sales environment Outperforming industry and gaining market share in more competitive sales environment

OneWater Marine Inc. Announces Fiscal First Quarter 2024 Results

OneWater Marine (ONEW) first-quarter fiscal 2024 performance is likely to have been driven by an increase in average unit price of new and pre-owned boats.

Factors Setting the Tone for OneWater Marine (ONEW) Q1 Earnings

Beyond analysts' top -and-bottom-line estimates for OneWater Marine (ONEW), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

Exploring Analyst Estimates for OneWater Marine (ONEW) Q1 Earnings, Beyond Revenue and EPS

The heavy selling pressure might have exhausted for OneWater Marine (ONEW) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Down -20.21% in 4 Weeks, Here's Why OneWater Marine (ONEW) Looks Ripe for a Turnaround

OneWater Marine (ONEW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

OneWater Marine (ONEW) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

OneWater Marine operates as a recreational boat retailer in the United States. They offer new and pre-owned boat sales, finance and insurance products, as well as other related services. In November 2023, the company announced the results of its fiscal year. Despite double-digit growth, profitability was very poor. The poor results are due to a combination of margins normalizing and lower demand, but as soon as demand reactivates, there should be an interesting cyclical swing.

OneWater Marine: I'm A Little More Cautious Now, But Still A 'Buy' (FY2023 Update)

BUFORD, Ga., Jan. 18, 2024 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ: ONEW) (the “Company” or “OneWater”) announced today that it will release its first quarter 2024 financial results on Thursday, February 1st, 2024, before the market opens. Following the release, the Company's management team will host a conference call to discuss the results at 8:30 a.m. Eastern Time that day.

OneWater Marine Inc. Announces Fiscal First Quarter 2024 Earnings Release Date and Conference Call Information

OneWater Marine Inc. (NASDAQ:ONEW ) Q4 2023 Earnings Conference Call November 16, 2023 8:30 AM ET Company Participants Jack Ezzell - Chief Financial Officer Austin Singleton - Chief Executive Officer Anthony Aisquith - President and Chief Operating Officer Conference Call Participants Michael Swartz - Truist Securities Craig Kennison - R.W. Baird Griffin Bryan - D.A.

OneWater Marine Inc. (ONEW) Q4 2023 Earnings Call Transcript

The headline numbers for OneWater Marine (ONEW) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

OneWater Marine (ONEW) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Execution of strategic priorities drives strong competitive positioning in a challenging year for the marine industry Execution of strategic priorities drives strong competitive positioning in a challenging year for the marine industry

OneWater Marine Inc. Announces Fiscal Fourth Quarter and Full-Year 2023 Results

OneWater Marine (ONEW) fourth-quarter fiscal 2023 performance are likely to have driven by an increase in average unit price of new and pre-owned boats.

OneWater Marine (ONEW) to Report Q4 Earnings: What's in Store?

Evaluate the expected performance of OneWater Marine (ONEW) for the quarter ended September 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Countdown to OneWater Marine (ONEW) Q4 Earnings: Wall Street Forecasts for Key Metrics

OneWater Yacht Group and Bradford Marine to provide premium sales and service experience to yacht owners at the Roscioli Yachting Center OneWater Yacht Group and Bradford Marine to provide premium sales and service experience to yacht owners at the Roscioli Yachting Center

OneWater Marine Inc. Announces Strategic Relationship with Bradford Marine

BUFORD, Ga., Sept. 29, 2023 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) announced today that it has completed the sale of two dealerships located near Lake Cumberland in Somerset Kentucky to Troxtell Marine. Lookout Marine and Kentucky Marine had combined annual sales of $6 million.

OneWater Marine Inc. Announces the Sale of Dealerships in Non-Core Markets

BUFORD, Ga., Sept. 07, 2023 (GLOBE NEWSWIRE) -- OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) announced today that it has acquired Harbor Pointe Marina, which further expands the Company's presence on Alabama's Lake Martin and enhances new and pre-owned boat sales, finance, and parts and services offerings.

OneWater Marine Inc. Announces Acquisition of Harbor Pointe Marina

OneWater Marine operates a network of boat dealers and distributors across the country. Revenue in the latest period set a new third-quarter record, reaching $594 million.

Down More Than 27% Last Month, Time to Buy This Marine Stock on the Dip?

OneWater's shares dropped almost 30% after the Q3 earnings report because of a guidance lowering. Although the new guidance is bad, the share price already reflects this, and now it could be an opportunity. The fragmented market in the boat industry offers an attractive opportunity for long-term growth.

OneWater Marine: Poor Growth Priced In Already Could Likely Lead To Long-Term Upside

This boat retailer recently slashed earnings guidance.

Bear of the Day: OneWater Marine (ONEW)

Forza X1 Inc

FORT PIERCE, FL / ACCESSWIRE / August 7, 2023 / Forza X1, Inc. (NASDAQ:FRZA) ("Forza" or the "Company"), a new developer of electric sport boats with a mission to inspire the adoption of sustainable recreational boating, today reported operational highlights and financial results for the second quarter of fiscal 2023. "We aim to be among the first to develop and manufacture electric boats targeting the recreational market," said Jim Leffew, Chief Executive Officer and President of Forza X1, Inc. "Our mission is to inspire the adoption of sustainable recreational boating by producing stylish electric sport boats.

Forza X1 Reports Second Quarter Results

OneWater Marine Inc. (NASDAQ:ONEW ) Q3 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Jack Ezzell - Chief Financial Officer Austin Singleton - Chief Executive Officer Anthony Aisquith - President & Chief Operating Officer Conference Call Participants Joseph Altobello - Raymond James Michael Swartz - Truist Securities Kevin Condon - Baird Brandon Rollé - DA Davidson Operator Good day and thank you for standing by. Welcome to OneWater Marine's Fiscal Third Quarter 2023 Conference Call.

OneWater Marine Inc. (ONEW) Q3 2023 Earnings Call Transcript

Although the revenue and EPS for OneWater Marine (ONEW) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

News for OneWater Marine Stock (ONEW)