Company: ONEW
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001772921-25-000040
Chunk: 15

Company: OneWater Marine Inc.
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 15
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214 452 3,918 Restructuring and impairment234 — 1,473 11,847 Income from operations30,379 39,999 44,677 60,325 Other expense (income):Interest expense – floor plan7,340 9,290 21,870 25,627 Interest expense – other9,041 9,008 27,129 27,352 Other (income) expense, net(224)(1,357)853 889 Total other expense, net16,157 16,941 49,852 53,868 Net income (loss) before income tax expense (benefit)14,222 23,058 (5,175)6,457 Income tax expense (benefit)3,507 6,344 (1,903)2,222 Net income (loss)10,715 16,714 (3,272)4,235 Net (income) attributable to non-controlling interests — — — (119)Net (income) loss attributable to non-controlling interests of One Water Marine Holdings, LLC— (2,031)1,648 (572)Net income (loss) attributable to OneWater Marine Inc.$10,715 $14,683 $(1,624)$3,544 Net earnings (loss) per share of Class A common stock – basic$0.66 $1.01 $(0.10)$0.24 Net earnings (loss) per share of Class A common stock – diluted$0.65 $0.99 $(0.10)$0.24 Basic weighted-average shares of Class A common stock outstanding16,31314,59315,70014,571Diluted weighted-average shares of Class A common stock outstanding16,44414,89115,70014,835

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Table of Content

ONEWATER MARINE INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(In thousands)

(Unaudited)

For the Three Months EndedJune 30,For the Nine Months EndedJune 30,2025202420252024Net income (loss)$10,715 $16,714 $(3,272)$4,235 Other comprehensive income (loss):  Foreign currency translation adjustment(47)6 (48)1 Change in fair value of