Welcome to our dedicated page for Malibu Boats news (Ticker: MBUU), a resource for investors and traders seeking the latest updates and insights on Malibu Boats stock.
Malibu Boats (MBUU) delivers premium performance boats and marine innovations through brands like Malibu, Axis, and Cobalt. This news hub provides investors and boating enthusiasts with official updates directly from the company.
Access timely press releases covering financial results, product launches, and strategic partnerships. Our curated collection ensures you stay informed about manufacturing advancements, dealer network expansions, and industry leadership in watersports technology.
Key updates include earnings announcements, operational milestones, and innovations in wake engineering. Bookmark this page for reliable information about MBUU's market position and corporate developments, all sourced from verified company communications.
Malibu Boats, Inc. (MBUU) reported exceptional financial results for Q4 and FY 2021. Q4 net sales soared 133.2% to $276.7 million, with a 437.1% increase in net income to $35 million. Adjusted EBITDA rose by 272.2% to $57.6 million. For FY 2021, net sales increased 41.9% to $926.5 million, while net income grew 76.8% to $114.3 million. The company's guidance for FY 2022 anticipates high-teens net sales growth and a consistent Adjusted EBITDA margin of around 20%. These results reflect strong demand and successful product innovations.
Axis has unveiled the all-new Axis T220, a mid-size wake boat for 2022 that enhances technology, performance, and style. The T220, replacing the T22, boasts a 7-inch touch screen for easy control of wake settings, ballast levels, and speed adjustments, catering to both beginners and pros. It offers seating for up to 15 passengers and features innovations like the new rear pop-up pylon and Surf Band™ for real-time wave control. Powered by the efficient Malibu Monsoon M5Di™ engine, the T220 aims to set a new standard in the mid-size boat market.
Malibu Boats, Inc. (Nasdaq: MBUU) will release its fourth quarter and full-year fiscal 2021 financial results on August 26, 2021, before market opening.
Following the release, management will host a conference call at 8:30 a.m. ET to discuss the results. The call will be led by CEO Jack Springer and CFO Wayne Wilson. Investors can join by calling (855) 433-0928 or (484) 756-4263, using Conference ID #7271265, or by accessing the live webcast.
Malibu Boats has launched the new Wakesetter 21 LX, a 21-foot watersports towboat designed for performance and affordability. Featuring a new Hybrid Bow, it combines traditional and modern design, offering spacious seating and advanced functionality. The 21 LX includes customizable hull options and innovative features like the Power Wedge III and Surf Gate™ for optimal wake and wave performance. Powered by the Malibu Monsoon M5Di™ engine, it promises lower emissions and high torque. The 21 LX comes with a five-year warranty and is available through authorized dealers.
Malibu Boats (Nasdaq: MBUU) has unveiled the 2022 Wakesetter 25 LSV, the flagship of its Luxury Sport V-Drive line. This 25-foot boat boasts enhanced storage, increased ballast capacity, and a new hull design for superior performance. Noteworthy features include the Soft Grip padded transom walk-through, versatility in seating and towing options, and advanced tech innovations like wireless charging and the Malibu Command Center. The new Monsoon M6Di engine ensures better fuel economy and lower emissions. This model is available for customization at authorized dealers.
Malibu Boats (MBUU) reported impressive fiscal Q3 2021 results, with net sales soaring by 49.8% to $273.2 million and gross profit rising 57.1% to $72.0 million. Net income increased 47.2% to $35.1 million, with Adjusted EBITDA climbing 56.7% to $57.0 million. The company benefited from strong demand across its Malibu and Saltwater Fishing segments, enhanced by the acquisition of Maverick Boat Group. Despite weather-related operational disruptions, the company anticipates approximately 38% revenue growth year-over-year for fiscal 2021.
Malibu Boats, Inc. (MBUU) will announce its third quarter fiscal 2021 financial results on May 4, 2021, before market opening. A conference call will follow at 8:30 AM ET, hosted by CEO Jack Springer and CFO Wayne Wilson. Investors can participate by dialing (855) 433-0928 or (484) 756-4263 with Conference ID #7199253, or via a live webcast on the company’s Investor Relations site, where a replay will be available for twelve months.
Malibu Boats reported a strong fiscal second quarter 2021, with net sales up 8.6% to $195.6 million, driven by demand in its Malibu and Saltwater Fishing segments. Gross profit rose 24.1% to $49.5 million, yielding a gross margin improvement of 320 basis points to 25.3%. Net income increased 25.8% to $22.1 million. The company acquired Maverick Boat Group, enhancing its product offerings. For full-year 2021, Malibu expects revenue growth exceeding 35% and adjusted EBITDA margins around 20.5%.
Malibu Boats, Inc. (MBUU) will release its second quarter fiscal 2021 financial results on February 9, 2021, before market open. The management team, including CEO Jack Springer and CFO Wayne Wilson, will host a conference call at 8:30 a.m. ET to discuss the results. Investors can participate by dialing (855) 433-0928 or via a live webcast on the company’s investor relations page. A recording of the call will be available for twelve months post-release.
