Company: ONEW
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001772921-25-000025
Chunk: 19

Company: OneWater Marine Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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 — 2,392 Currency translation adjustment— — — — — — (1)(8)(9)Balance at December 31, 202314,544 $145 1,430 $14 $194,573 $158,262 $31,323 $(7)$384,310 Net loss— — — — — (3,969)(540)— (4,509)Distributions to members— — — — — (3)(8)— (11)Shares issued upon vesting of equity-based awards, net of tax withholding24 — — — (331)— — — (331)Shares issued as part of employee stock purchase plan25 1 — — 731 — — — 732 Equity-based compensation— — — — 2,277 — — — 2,277 Currency translation adjustment— — — — — — — 4 4 Balance at March 31, 202414,593$146 1,430$14 $197,250 $154,290 $30,775 $(3)$382,472 

9

ONEWATER MARINE INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

(Unaudited)

For the Six Months Ended March 3120252024CASH FLOWS FROM OPERATING ACTIVITIES:Net loss$(13,987)$(12,479)Adjustments to reconcile net loss to net cash used in operating activities:Depreciation and amortization12,208 10,470 Equity-based awards4,258 4,669 Loss on asset disposals200 109 Non-cash interest expense2,163 1,665 Deferred income tax provision(5,104)2,837 Change in fair value of contingent consideration308 1,928 Loss on equity investment 46 135 (Increase) decrease in assets:Accounts receivable(15,540)(38,464)Inventories(11,363)(77,606)Prepaid expenses and other current assets22,417 10,848 Other assets(1,182)4,697 Increase (decrease) in liabilities:Accounts payable13,163 10,735 Other payables