Malibu Boats, Inc. (MBUU) Q4 2024 Earnings Call Transcript Summary
Malibu Boats, Inc. (MBUU) Q4 2024 Earnings Call Transcript Summary
The following is a summary of the Malibu Boats, Inc. (MBUU) Q4 2024 Earnings Call Transcript:
以下是马里布游艇公司（MBUU）2024财年第四季度业绩会文本摘要：
Financial Performance:
金融业绩：
Q4 net sales fell 57.4% to $158.7 million, unit volume down 59%.
Fiscal year net loss widened to $56.4 million.
第四季度净销售额下降了57.4%，为15870万美元，销量下降了59%。
财年净亏损扩大至5640万美元。
Business Progress:
业务进展：
Repaid all remaining debt and executed a $10 million share repurchase.
Expanded market share in Cobalt and Pursuit brands.
偿还所有剩余债务并进行了1000万美元的股票回购。
在Cobalt和Pursuit品牌上扩大市场份额。
Opportunity:
机会：
Poised for market growth with strong focus on cash generation and shareholder returns.
Continued innovation with new models planned for fiscal 2025.
以强调现金生成和股东回报为重点，准备迎接市场增长。
不断创新，计划在2025财年推出新型号。
Risk:
风险：
Near-term market headwinds expected to continue impacting profitability.
Dealer inventory expected to contract, influencing retail sales.
预计短期市场逆风将继续影响盈利能力。
经销商库存预计会收缩，影响零售销售。
Financial Performance:
金融业绩：
Q4 net sales decreased by 57.4% to $158.7 million, and unit volume decreased by 59% to 1,045 boats.
Consolidated net sales per unit increased by 4% to $151,878 per unit, primarily due to favorable model mix and price increases.
Gross profit decreased by 87.8% to $12.5 million with a gross margin percentage of 7.9%, significantly lower than the previous year's 27.5%.
Fiscal year 2024 net sales decreased by 40.3% to $829.0 million, and unit volumes decreased by 45.4% to 5,385 units.
Net loss for Q4 increased by 8.6%, resulting in a loss of $19.6 million.
Adjusted EBITDA for Q4 was a loss of $4.1 million, with an EBITDA margin of -2.6%.
For the full year, net income decreased by 152.3% to a net loss of $56.4 million.
第四季度净销售额下降了57.4%，至15870万美元，单位销量下降了59%，至1045艘船。
每单位的综合净销售额增长了4%，至151,878美元，主要原因是模型组合有利和价格上涨。
毛利润下降了87.8%至1250万美元，毛利率为7.9%，远低于去年的27.5%。
2024财年净销售额下降了40.3%，至82900万美元，单位销量下降了45.4%，至5385辆。
第四季度净亏损增长了8.6%，亏损达到1960万美元。
第四季度调整后的EBITDA亏损了410万美元，EBITDA利润率为-2.6%。
全年净利润下降了152.3%，亏损达到5640万美元。
Business Progress:
业务进展：
Malibu Boats repaid all remaining debt and executed a share repurchase of $10 million during the quarter.
Completed the integration of the Roan County facility, consolidating the manufacturing footprint in Tennessee and enhancing operational efficiencies.
New dealers were brought online in regions formerly served by Tommy's Boats, broadening distribution and support for customers.
Expanded market share in Cobalt and Pursuit brands, with promising innovations planned for 2025.
Introduced significant model upgrades across its brands, with plans for launching more new models in fiscal 2025 than ever before.
Malibu Boats偿还了所有剩余债务，并在本季度进行了1000万美元的股票回购。
完成了Roan County工厂的整合，整合了田纳西州的制造业，并提高了运营效率。
新的经销商进入了之前由Tommy's Boats服务的地区，扩大了对客户的分销和支持。
在Cobalt和Pursuit品牌中扩大了市场份额，计划在2025年推出有希望的创新。
在其品牌系列中推出了重大的型号升级，并计划在2025财年推出比以往更多的新款型号。
Opportunities:
机会：
Poised to capitalize on long-term market growth with a lean inventory strategy and a strong focus on cash generation and shareholder returns.
Anticipated improvement in sales and adjusted EBITDA margin in fiscal 2025, supported by lower expected capital expenditures.
Continued investment in innovation, with several new model launches set to fuel market share growth and consumer demand.
通过精益库存策略和强大的现金生成和股东回报关注度，为长期市场增长提供机会。
预计2025财年销售额和调整后的EBITDA利润率将有所改善，预计资本支出将会降低，提供支持。
继续在创新方面进行投资，计划推出多款新型号，以推动市场份额的增长和消费者需求。
Risks:
风险：
The near-term market headwinds with expected continued downward pressure due to macroeconomic factors.
High promotional spending and less favorable product mix impacting profitability.
Dealer inventory levels expected to contract below historical norms due to high flooring costs, influencing retail sales dynamics.
预计由于宏观经济因素，短期市场风险增加，预计将面临持续下行压力。
高额促销支出和不利的产品组合影响了盈利能力。
由于高昂的库存成本，经销商库存水平预计将低于历史水平，这将影响零售销售动态。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息，请参阅IR网站。本文只是为投资者提供参考，没有任何指导或推荐建议。