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Recent Updates — MBUU

August 31, 2026View Source ↗

Malibu Boats, Inc. filed an amended Form 8-K to correct a clerical error in its August 27, 2026 earnings release for the fourth quarter and fiscal year ended June 30, 2026. The revision adjusted Acquisition and integration related expenses for Q4 from $6.698 million down to $4.145 million. Consequently, Adjusted EBITDA decreased by $2.553 million to $31.393 million (margin 10.6%), and Adjusted Net Income Per Share fell to $0.82 from the previously reported $0.92. The company also announced a new $70 million share repurchase program for fiscal 2027, completed a credit facility refinancing extending maturity to July 2031, and provided FY2027 guidance of $1.08–$1.12 billion in net sales. Malibu Boats is a designer, manufacturer, and marketer of recreational powerboats.

August 28, 2026View Source ↗

Malibu Boats, Inc. filed an 8-K to present unaudited pro forma condensed combined financial statements for the fiscal year ended June 30, 2026, reflecting its acquisition of Saxdor Yachts Oy completed on March 2, 2026. The total purchase price was approximately $203.9 million, funded by $131.3 million in cash drawn from a revolving credit facility and the issuance of 1,523,794 shares of common stock, plus potential earnout payments with an initial fair value of $32.6 million. The pro forma results show combined net sales of $1,050.9 million but a net loss attributable to Malibu Boats of $2.2 million due to transaction accounting adjustments including amortization and interest expense. Malibu Boats, Inc. operates in the recreational boat manufacturing industry.

August 24, 2026View Source ↗

On August 18, 2026, Michael J. Connolly notified the board of directors that he does not intend to stand for re-election at the 2026 annual meeting of stockholders. His decision was not due to any disagreement with the company regarding operations or policies. Concurrently, on August 20, 2026, the board decreased the total number of directors from nine to eight, effective upon the expiration of Mr. Connolly's term at the upcoming annual meeting. Malibu Boats, Inc. manufactures and sells recreational boats.

July 13, 2026View Source ↗

On July 10, 2026, Malibu Boats, LLC entered into a Fourth Amended and Restated Credit Agreement with Truist Bank as administrative agent. The agreement establishes a $250.0 million revolving credit facility and a $100.0 million term loan facility, both maturing July 10, 2031. Upon closing, the Borrower drew the full $100.0 million term loan to repay existing revolving facility balances, leaving $65.0 million outstanding on the revolving facility. The agreement includes provisions for an additional $100.0 million in incremental capacity subject to a consolidated leverage ratio of 2.50:1.00. Malibu Boats, Inc. manufactures recreational boats.