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Onewater Marine Inc   (NASDAQ: ONEW)
Other Ticker:  
 
    Sector  Retail    Industry Automotive Aftermarket
   Industry Automotive Aftermarket
   Sector  Retail
 
Price: $17.0700 $0.48 2.893%
Day's High: $17.432 Week Perf: 7.36 %
Day's Low: $ 16.33 30 Day Perf: -5.85 %
Volume (M): 211 52 Wk High: $ 31.36
Volume (M$): $ 3,609 52 Wk Avg: $23.71
Open: $16.59 52 Wk Low: $14.29



 Market Capitalization (Millions $) 250
 Shares Outstanding (Millions) 15
 Employees -
 Revenues (TTM) (Millions $) 1,773
 Net Income (TTM) (Millions $) -6
 Cash Flow (TTM) (Millions $) -66
 Capital Exp. (TTM) (Millions $) 27

Onewater Marine Inc
OneWater Marine Inc. (NASDAQ: ONEW) is a leading recreational boat retailer in the United States. The company was founded in 2013 and is headquartered in Buford, Georgia, with operational facilities across the country. The company has 63 stores and operates in 10 different states, making it the largest and most valuable marine dealership in the United States.

OneWater Marine Inc. provides a wide range of boats and marine products, including new and used boats, engines, parts and accessories, as well as boat financing, insurance services, and maintenance and repair. The company represents popular and well-recognized brands such as Sea Ray, Boston Whaler, MasterCraft, Malibu Boats, and Cobalt Boats.

The company serves a broad segment of the recreational boating industry, with boats ranging from smaller inboard and outboard boats to larger luxury yachts. OneWater Marine Inc. aims to provide exceptional customer service and is committed to helping customers find the boat that is right for them. It has built strong relationships with manufacturers, allowing them to offer a wide range of models and options to its customers.

In 2020, OneWater Marine Inc. went public on the NASDAQ exchange under the ticker symbol ONEW. The company has had impressive growth and success since its inception, with a strongly diversified revenue stream through both new and used boat sales, parts and accessory sales, and marina operations. The company's strategy of consolidating the highly fragmented industry has enabled it to create a larger market presence and gain significant operational efficiencies.

OneWater Marine Inc. has also demonstrated a commitment to sustainable practices by partnering with nonprofit organizations to support the conservation of sea life and water quality. The companyes employees are also very active in their local communities, working with organizations such as Habitat for Humanity and the Boys & Girls Clubs of America.

Overall, OneWater Marine Inc. is a top-performing recreational boat retailer with a strong balance sheet, strategic business plan, and commitment to growth, innovation, and responsible stewardship.


   Company Address: 6275 Lanier Islands Parkway Buford 30518 GA
   Company Phone Number: 541-6300   Stock Exchange / Ticker: NASDAQ ONEW


   

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Management Announcement

OneWater Marine Inc. Faces Stormy Seas Amidsl Financial Losses and Strategic Expansion

Published Thu, Sep 26 2024 11:01 AM UTC

Navigating the Challenges: OneWater Marine Inc. Responds to Hurricane Helene While Tackling Financial PressuresOneWater Marine Inc., a prominent player in the marine retail sector, has been navigating turbulent waters as it grapples with the implications of Hurricane Helene. Announced on September 26, 2024, the company indicated that its operations along the Gulf Coast woul...

Onewater Marine Inc

Overcoming Adversity: Onewater Marine Inc's Resilience Shines Through Challenging Fiscal Period



Despite facing headwinds during the second quarter of the 2024 earnings season, Onewater Marine Inc, a key player in the marine industry, has demonstrated resilience and determination as it navigates through a challenging market landscape. While the financial results may initially appear concerning, a closer analysis reveals underlying factors that indicate a bullish outlook for the company's future.
Financial Performance:
During the second quarter, Onewater Marine Inc experienced a decline in earnings per share (EPS) compared to the same period a year ago, but it significantly improved compared to the preceding reporting period. The company registered a net shortfall of $-4.509 million, which is a departure from the net earnings of $27.037 million in the corresponding period the previous year. This adverse situation has, however, been balanced by operating earnings of $13.855 million and maintaining previously issued fiscal full-year 2024 outlook. Despite witnessing a decrease in operating earnings, the smart financial management of the company has helped maintain an operating margin of 2.84% during these challenging times.

Merger and Acquisition

OneWater Marine Inc. Expands Presence in Mid-Atlantic U.S. with Acquisition of Garden State Yacht Sales

Published Wed, May 1 2024 11:01 AM UTC

A...

Merger and Acquisition

OneWater Marine Inc. Sets Sail for Success with Acquisition of Garden State Yacht Sales

Published Thu, Apr 11 2024 8:30 PM UTC

Acquisition Strengthens Presence in the Mid-Atlantic U.S.
OneWater Marine Inc. has recently made a significant move to expand its operations in the Mid-Atlantic region of the United States. The company, known for its prominent presence in the Automotive Aftermarket industry, announced its plan to acquire Garden State Yacht Sales, a well-established yacht dealership based...

Onewater Marine Inc

Onewater Marine Inc Faces Challenges in Q1 of 2024, Discloses Marginal YoY Revenue Decrease

Onewater Marine Inc has faced significant challenges in the first quarter of 2024, leading to a depleting business and financial losses. The company reported a decrease in revenue by -0.722% to $364.01 million, with a loss per share of $-0.49 compared to a profit of $0.61 per share in the same period last year.
These results are in contrast to the overall performance of the automotive aftermarket sector, which saw a revenue increase in the first quarter of 2024. However, Onewater Marine Inc experienced a decline in revenue by -19.284% from $450.98 million, and a net loss of $-7.970 million instead of a net income of $11.428 million as reported in the corresponding period a year ago.







Onewater Marine Inc's Segments
Eliminations    -0.02 % of total Revenue
Dealerships    91.77 % of total Revenue
Distribution    8.25 % of total Revenue

  Onewater Marine Inc Outlook

On May 2 2024 the Onewater Marine Inc provided following guidance

OneWater Marine Inc. has announced their fiscal second quarter results for 2024, reaffirming their previously issued outlook for the full year. The company reported strong performance during the second quarter, indicating that they are on track to meet their financial goals for the year.

Despite market fluctuations and various challenges, OneWater Marine Inc. remains confident in their ability to maintain their financial projections for the remainder of fiscal year 2024. This solid performance in the second quarter showcases the company's resilience and ability to adapt to changing business environments.

With a steadfast focus on growth and innovation, OneWater Marine Inc. continues to solidify...





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