Company: ONEW
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001772921-25-000040
Chunk: 122

Company: OneWater Marine Inc.
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 8
Chunk 122
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(7,580)(105)44,677 Depreciation and amortization10,776 7,733 — 18,509 Transaction costs1,063 48 — 1,111 Change in fair value of contingent consideration452 — — 452 Restructuring and impairment1,648 1,365 — 3,013 Total assets1,318,156 222,298 (25)1,540,429 As of and for the Nine Months Ended June 30, 2024($ in thousands)DealershipsDistributionEliminationsTotalRevenue$1,279,609 $115,415 $(249)$1,394,775 Income (loss) from operations60,691 (343)(23)60,325 Depreciation and amortization9,244 7,011 — 16,255 Transaction costs777 189 — 966 Change in fair value of contingent consideration3,918 — — 3,918 Restructuring and impairment10,699 1,148 — 11,847 Total assets1,396,048 239,852 (20)1,635,880 

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18.    Subsequent Events

On July 4, 2025, the United Stated Congress passed the budget reconciliation bill H.R. 1, referred to as the One Big Beautiful Bill Act (the "OBBBA"). The OBBBA contains several changes to federal tax law and other regulatory provisions that will impact the Company, including 100% bonus depreciation, domestic research cost expensing, and the business interest expense limitation. The Company is currently in the process of evaluating the OBBBA and, as such, its potential impact on the consolidated financial statements is not currently estimable.

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Item 2.    Management’s Discussion and Analysis of Financial Condition and Results of Operations

MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Unless the context requires otherwise, references in this report to the “Company,” “we,” “us,” and “our” refer to OneWater Marine Inc. and its consolidated subsidiaries. The following discussion and analysis should be read in conjunction with the accompanying financial statements and related notes. The following discussion contains forward-looking statements that reflect our future plans, estimates, beliefs and expected performance. The forward-looking statements are dependent upon events, risks and uncertainties that may