In This Article:
OneWater Marine (NASDAQ:ONEW) Full Year 2024 Results
Key Financial Results
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Revenue: US$1.77b (down 8.5% from FY 2023).
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Net loss: US$5.71m (loss narrowed by 85% from FY 2023).
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US$0.39 loss per share (improved from US$2.69 loss in FY 2023).
ONEW Sales Performance
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Like-for-like sales growth: Down 7.4% vs FY 2023.
All figures shown in the chart above are for the trailing 12 month (TTM) period
OneWater Marine Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) was also behind analyst expectations.
Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Specialty Retail industry in the US.
Performance of the American Specialty Retail industry.
The company's share price is broadly unchanged from a week ago.
Valuation
Following the latest earnings results, OneWater Marine may be undervalued based on 6 different valuation benchmarks we assess. Discover what analysts are forecasting and how the current share price shapes up by clicking here.
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