Malibu Reports $1.215B in FY22 Sales
October 18, 2022
Its eight brands combined produced the ninth consecutive record year since Malibu Boats went public in 2014.
Its eight brands combined produced the ninth consecutive record year since Malibu Boats went public in 2014.
The company said sales and profit rose in the quarter, with sales likely higher in the new year but margins narrowing.
The company said revenue and net income climbed, aided by increased selling prices and an unexpectedly high number of boats delivered.
The company announced net sales of $263.9 million and record unit sales of 2,073 units.
The company posted net sales of $254 million, a 40 percent increase.
The company reported a 50 percent increase in net sales and a 47.2 rise in net income for the fiscal quarter.
The company said its recent acquisition of Maverick Boat Group did not factor in its reporting.
Employees worked more than four years without lost time at the builder’s Loudon, Tenn., plant.
Boulder Boats has locations in Nevada, Arizona and California.
Its eight brands combined produced the ninth consecutive record year since Malibu Boats went public in 2014.
The company said sales and profit rose in the quarter, with sales likely higher in the new year but margins narrowing.
The company said revenue and net income climbed, aided by increased selling prices and an unexpectedly high number of boats delivered.
The company announced net sales of $263.9 million and record unit sales of 2,073 units.
The company posted net sales of $254 million, a 40 percent increase.
Malibu Boats Inc. celebrates a record Q4 and fiscal year.
The company reported a 50 percent increase in net sales and a 47.2 rise in net income for the fiscal quarter.
The company said its recent acquisition of Maverick Boat Group did not factor in its reporting.
Employees worked more than four years without lost time at the builder’s Loudon, Tenn., plant.
Boulder Boats has locations in Nevada, Arizona and California.
