Company: ONEW
Filing Date: 2025-01-31
Form Type: 10-Q
Source: 0001772921-25-000013
Chunk: 151

Company: OneWater Marine Inc.
Filing Date: 2025-01-31
Form: 10-Q
Item: Part I, Item 2
Chunk 151
---
 Ended December 31, 2024, Compared to Three Months Ended December 31, 2023.

Three Months Ended December 31,Description20242023Change($ in thousands)Net loss attributable to OneWater Marine Inc.$(11,971)$(7,170)$(4,801)Transaction costs559 579 (20)Intangible amortization2,122 1,579 543 Change in fair value of contingent consideration242 572 (330)Restructuring and impairment1,898 — 1,898 Other expense (income), net887 (247)1,134 Net loss attributable to non-controlling interests of One Water Marine Holdings, LLC (1)(514)(223)(291)Adjustments to income tax benefit (2)(1,195)(520)(675)Adjusted net loss attributable to OneWater Marine Inc.(7,972)(5,430)(2,542)Net loss per share of Class A common stock - diluted$(0.81)$(0.49)$(0.32)Transaction costs0.04 0.04 — Intangible amortization0.14 0.11 0.03 Change in fair value of contingent consideration0.02 0.04 (0.02)Restructuring and impairment0.13 — 0.13 Other expense (income), net0.06 (0.02)0.08 Net loss attributable to non-controlling interests of One Water Marine Holdings, LLC (1)(0.04)(0.02)(0.02)Adjustments to income tax benefit (2)(0.08)(0.04)(0.04)Adjusted loss per share of Class A common stock - diluted$(0.54)$(0.38)$(0.16)(1) Represents an allocation of the impact of reconciling items to our non-controlling interest.(2) Represents an adjustment of all reconciling items at an estimated effective tax rate.

Adjusted Net Loss Attributable to OneWater Marine Inc. and Adjusted Diluted Loss Per Share were $8.0 million and $0.54, respectively, for the three months ended December 31, 2024 compared to Adjusted Net Loss Attributable to OneWater Marine Inc. and Adjusted Diluted Loss Per Share of $5.4 million and $0.38, respectively, for the three months ended December 31, 2023. The decrease in