Trade Malibu Boats Inc - MBUU CFD

Malibu Boats Inc Company profile

About Malibu Boats Inc

Malibu Boats, Inc. is a designer, manufacturer, and marketer of a range of recreational powerboats. The Company operates through three segments: Malibu, Saltwater Fishing and Cobalt. The Malibu segment includes manufacturing, distributing, marketing and sale of Malibu and Axis performance sports boats throughout the world. The Saltwater Fishing segment includes manufacturing, distributing, marketing and sales throughout the world of Pursuit boats and the Maverick Boat Group boats (Maverick, Cobia, Pathfinder and Hewes). The Cobalt segment includes manufacturing, distributing, marketing, and sale of Cobalt boats throughout the world. The Company's boats are used for a range of recreational boating activities including, among others, water sports such as water skiing, wakeboarding, and wake surfing, as well as general recreational boating and fishing. It sells its boats under the Malibu, Axis, Pursuit, Maverick, Cobia, Pathfinder, Hewes, and Cobalt brand names.

Financial summary

BRIEF: For the six months ended 31 December 2021, Malibu Boats Inc revenues increased 37% to $517.4M. Net income increased 34% to $56.8M. Revenues reflect Saltwater Fishing segment increase of 100% to $151.4M, Malibu segment increase of 21% to $251.7M. Net income was partially offset by General and administrative increase of 22% to $28.8M (expense), Selling and marketing increase of 42% to $10.8M (expense).

Equity composition

Common Stock Class A, $0.01 Par, 01/14, Auth. 100M Shares,. 10,155,578 issd,. Insiders owns approx. 70.33%. Class B, $0.01 Par, Auth. 25M Shares,. 34 issd,.