One Water Marine Inc - Understand $onew stock

$ONEW Market Cap: $358.7 Million

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Financial Snapshot

Revenue

$1.846B

TTM

Gross Margin

25.15%

TTM

Net Earnings

-$95.32M

TTM

Current Assets

$822.0M

Q2 2024

Current Liabilities

$638.9M

Q2 2024

Current Ratio

128.65%

Q2 2024

Total Assets

$1.636B

Q2 2024

Total Liabilities

$1.267B

Q2 2024

Book Value

$368.6M

Q2 2024

Cash

$51.93M

Q2 2024

P/E

-3.763

Sep 13, 2024 EST

Free Cash Flow

-$14.05M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$1.936B	$1.745B	$1.228B	$1.023B	$767.6M	$602.8M	$391.5M
YoY Change	10.97%	42.06%	20.06%	33.27%	27.34%	53.97%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$1.936B	$1.745B	$1.228B	$1.023B	$767.6M	$602.8M	$391.5M
Cost Of Revenue	$1.401B	$1.191B	$870.8M	$787.4M	$595.5M	$465.2M	$305.8M
Gross Profit	$535.1M	$553.7M	$357.5M	$235.5M	$172.1M	$137.7M	$85.70M
Gross Profit Margin	27.64%	31.73%	29.1%	23.02%	22.42%	22.84%	21.89%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017
Selling, General & Admin	$345.5M	$302.1M	$199.0M	$143.6M	$116.5M	$91.30M	$65.40M
YoY Change	14.37%	51.78%	38.64%	23.24%	27.6%	39.6%
% of Gross Profit	64.57%	54.57%	55.69%	60.96%	67.69%	66.3%	76.31%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$26.79M	$15.61M	$5.411M	$3.200M	$2.700M	$1.700M	$1.100M
YoY Change	71.67%	188.39%	69.09%	18.52%	58.82%	54.55%
% of Gross Profit	5.01%	2.82%	1.51%	1.36%	1.57%	1.23%	1.28%
Operating Expenses	$345.5M	$317.7M	$199.0M	$143.6M	$119.2M	$93.00M	$66.40M
YoY Change	8.75%	59.62%	38.64%	20.45%	28.17%	40.06%
Operating Profit	$18.07M	$235.9M	$148.9M	$78.29M	$52.90M	$44.70M	$19.30M
YoY Change	-92.34%	58.48%	90.16%	48.0%	18.34%	131.61%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	-$59.64M	-$17.85M	-$6.910M	-$16.90M	-$14.60M	-$42.60M	-$23.00M
YoY Change	234.14%	158.29%	-59.11%	15.75%	-65.73%	85.22%
% of Operating Profit	-330.09%	-7.56%	-4.64%	-21.59%	-27.6%	-95.3%	-119.17%
Other Income/Expense, Net	-$60.59M	-$3.793M	-$6.662M	-$23.45M	-$1.400M	$300.0K	-$200.0K
YoY Change	1497.42%	-43.07%	-71.59%	1575.21%	-566.67%	-250.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017
Pretax Income	-$42.52M	$195.8M	$142.2M	$54.84M	$37.30M	$1.900M	-$4.300M
YoY Change	-121.71%	37.7%	159.34%	47.02%	1863.16%	-144.19%
Income Tax	-$3.412M	$43.23M	$25.80M	$6.329M
% Of Pretax Income		22.07%	18.14%	11.54%
Net Earnings	-$38.59M	$130.9M	$79.06M	$17.43M	$37.26M	$1.946M	-$4.300M
YoY Change	-129.47%	65.63%	353.71%	-53.24%	1814.85%	-145.26%
Net Earnings / Revenue	-1.99%	7.5%	6.44%	1.7%	4.85%	0.32%	-1.1%
Basic Earnings Per Share				$2.79
Diluted Earnings Per Share	-$2.69	$9.133M	$6.960M	$2.77	$2.568M	$79.14K	-$309.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017
Cash & Short-Term Investments	$84.65M	$42.07M	$62.61M	$66.10M	$11.10M	$15.30M	$9.700M
YoY Change	101.2%	-32.8%	-5.29%	495.5%	-27.45%	57.73%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets	$74.46M	$93.90M	$45.92M	$17.40M	$10.40M	$1.900M	$1.200M
YoY Change	-20.7%	104.47%	163.93%	67.31%	447.37%	58.33%
Inventory	$609.6M	$373.0M	$143.9M	$150.1M	$277.3M	$184.4M	$115.3M
Prepaid Expenses
Receivables	$113.2M	$57.96M	$28.53M	$18.50M	$15.30M	$10.90M	$5.800M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$881.9M	$566.9M	$280.9M	$252.1M	$314.1M	$212.5M	$132.1M
YoY Change	55.57%	101.78%	11.44%	-19.74%	47.81%	60.86%
Property, Plant & Equipment	$217.2M	$233.7M	$156.3M	$18.40M	$16.00M	$18.60M	$9.400M
YoY Change	-7.05%	49.54%	749.21%	15.0%	-13.98%	97.87%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$41.14M	$11.81M	$29.64M	$13.20M	$300.0K	$300.0K	$300.0K
YoY Change	248.28%	-60.15%	124.52%	4300.0%	0.0%	0.0%
Total Long-Term Assets	$807.3M	$930.5M	$439.7M	$206.0M	$190.7M	$162.9M	$126.2M
YoY Change	-13.25%	111.64%	113.43%	8.02%	17.07%	29.08%
Total Assets	$1.689B	$1.497B	$720.6M	$458.1M	$504.8M	$375.4M	$258.3M
YoY Change
Accounts Payable	$27.11M	$27.31M	$18.11M	$12.80M	$5.500M	$6.300M	$5.800M
YoY Change	-0.71%	50.75%	41.52%	132.73%	-12.7%	8.62%
Accrued Expenses	$50.38M	$12.98M	$31.29M	$14.10M	$11.80M	$7.600M	$3.200M
YoY Change	288.14%	-58.51%	121.89%	19.49%	55.26%	137.5%
Deferred Revenue
YoY Change
Short-Term Debt	$489.0M	$267.1M	$114.2M	$124.0M	$225.4M	$157.5M	$97.90M
YoY Change	83.08%	133.83%	-7.88%	-44.99%	43.11%	60.88%
Long-Term Debt Due	$29.32M	$21.64M	$11.37M	$7.400M	$11.10M	$1.900M	$1.900M
YoY Change	35.5%	90.41%	53.59%	-33.33%	484.21%	0.0%
Total Short-Term Liabilities	$669.0M	$452.1M	$227.6M	$185.7M	$263.5M	$179.7M	$113.3M
YoY Change	47.97%	98.61%	22.58%	-29.53%	46.63%	58.61%
Long-Term Debt	$428.4M	$421.2M	$103.1M	$82.00M	$64.80M	$40.00M	$25.40M
YoY Change	1.73%	308.6%	25.7%	26.54%	62.0%	57.48%
Other Long-Term Liabilities	$177.7M	$179.3M	$135.1M	$17.10M	$52.50M	$54.70M	$19.90M
YoY Change	-0.89%	32.73%	689.92%	-67.43%	-4.02%	174.87%
Total Long-Term Liabilities	$606.1M	$600.5M	$238.2M	$99.10M	$117.3M	$94.70M	$45.30M
YoY Change	0.95%	152.13%	140.31%	-15.52%	23.86%	109.05%
Total Liabilities	$1.331B	$1.112B	$494.7M	$335.2M	$387.0M	$279.4M	$160.3M
YoY Change	19.64%	124.81%	47.58%	-13.39%	38.51%	74.3%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017
Basic Shares Outstanding				6.243M
Diluted Shares Outstanding				6.287M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $358.71 Million

About OneWater Marine Inc

OneWater Marine, Inc. is a holding company, which engages in the retail of marine in the United States. The company is headquartered in Buford, Georgia and currently employs 2,319 full-time employees. The company went IPO on 2019-10-25. The company is a marine retailer in the United States with 98 retail locations, 11 distribution centers/warehouses and multiple online marketplaces in 20 different states. Its segments include Dealerships and Distribution. The Dealership segment engages in the sale of new and pre-owned boats, arranges financing and insurance products, performs repair and maintenance services, offers marine related parts and accessories and offers slip and storage accommodations in certain locations. The Distribution segment engages in the manufacturing, assembly, and distribution primarily of marine-related products to distributors, big-box retailers and online retailers through a network of warehouses and distribution centers. The company offers a range of branded parts and accessories, including jack plates, rigging parts, plumbing components, storage systems, and appearance, cleaning, and maintenance products.

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