Company: ONEW
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001772921-25-000040
Chunk: 190

Company: OneWater Marine Inc.
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 2
Chunk 190
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 - floor plan for the three months ended June 30, 2025, as compared to the three months ended June 30, 2024. The decrease in Adjusted Diluted Earnings Per Share resulted from the decrease in Adjusted Net Income Attributable to OneWater Marine Inc.

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Nine Months Ended June 30, 2025, Compared to Nine Months Ended June 30, 2024.

Nine Months Ended June 30,Description20252024Change($ in thousands)Net (loss) income attributable to OneWater Marine Inc.$(1,624)$3,544 $(5,168)Transaction costs1,111 966 145 Intangible amortization6,437 5,743 694 Change in fair value of contingent consideration452 3,918 (3,466)Restructuring and impairment3,013 11,847 (8,834)Other expense (income), net853 889 (36)Net income attributable to non-controlling interests of One Water Marine Holdings, LLC (1)(568)(2,103)1,535 Adjustments to income tax expense (2)(2,599)(4,890)2,291 Adjusted net income attributable to OneWater Marine Inc.$7,075 $19,914 $(12,839)Net (loss) income per share of Class A common stock - diluted$(0.10)$0.24 $(0.34)Transaction costs0.07 0.07 — Intangible amortization0.41 0.39 0.02 Change in fair value of contingent consideration0.03 0.26 (0.23)Restructuring and impairment0.19 0.80 (0.61)Other expense (income), net0.05 0.06 (0.01)Net income attributable to non-controlling interests of One Water Marine Holdings, LLC (1)(0.04)(0.14)0.10 Adjustments to income tax expense (2)(0.17)(0.33)0.16 Adjustment for dilutive shares (3)0.01 — 0.01 Adjusted earnings per share of Class A common stock - diluted$0.45 $1.35 $(0.90)(1) Represents an allocation of the impact of reconciling items to our non-controlling interest.(2) Represents an adjustment of all reconciling items