Company: ONEW
Filing Date: 2025-01-31
Form Type: 10-Q
Source: 0001772921-25-000013
Chunk: 102

Company: OneWater Marine Inc.
Filing Date: 2025-01-31
Form: 10-Q
Item: Part I, Item 8
Chunk 102
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 more information about our segments.Reportable segment financial information for the three months ended December 31, 2024 and 2023 are as follows:As of and for the Three Months Ended December 31, 2024($ in thousands)DealershipsDistributionEliminationsTotalRevenue$347,670 $28,189 $(45)$375,814 Income (loss) from operations3,020 (4,981)(12)(1,973)  Depreciation and amortization3,489 2,548 — 6,037 Transaction costs512 47 — 559 Change in fair value of contingent consideration242 — — 242 Restructuring and impairment1,156 742 — 1,898   Total assets1,391,436 220,120 (10)1,611,546 As of and for the Three Months Ended December 31, 2023($ in thousands)DealershipsDistributionEliminationsTotalRevenue$331,607 $32,466 $(60)$364,013 Income (loss) from operations6,943 (465)(7)6,471 Depreciation and amortization2,902 2,003 — 4,905 Transaction costs440 139 — 579 Change in fair value of contingent consideration572 — — 572 Restructuring and impairment— — — — Total assets1,445,553 247,553 (33)1,693,073 

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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 be outside our control. Our actual results could differ materially from those discussed in these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those factors discussed above in “Cautionary Statement Regarding Forward-Looking Statements” and described under