3. Figures in bar chart represent ONEW owned retail locations as of fiscal year end.
2.
CAGR FY17 - FY23.
2023 figures are as of December 2023
One W a te r Marine is one of the large st and faste st growing pre m ium boat re taile rs in the Unite d State s. The Com pany offe rs a broad range of products and se rvice s and has dive rsifie d re ve nue stre am s, which include the sale of ne w and pre -owne d boats, parts and acce ssorie s, finance and insurance products, m ainte nance and re pair se rvice s and ancillary se rvice s such as boat storage .
NEW BOAT SALES
PRE - OW NED BOAT
FINANCE &
PARTS &
REPAIR &
SALES
INSURANCE
ACCESSORIES
MAINT . SERVICES
FY23 REVENUE CONTRIBUTION
64%
17%
3%
16%
FY23 GROSS PROFIT CONTRIBUTION
50%
14%
10%
26%
Acquisition Driven Growth Strategy
Highly Fragmented MarketProven M&A Playbook
4,000+
Top dealers
Attractive Purchase Multiple
• Target <4.0x EV/EBITDA dealerships
dealerships
nationwide
in top markets
Expanded Geography & Portfolio
GeographicMulti-year
expansion pipeline
Significant targets in attractive marine markets
Strong Financial Returns
Aim to double EBITDA of an acquired dealership within 24 months
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OneWater Marine Inc. published this content on
09 February 2024 and is solely responsible for the information contained therein. Distributed by
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08 March 2024 15:46:08 UTC.
OneWater Marine Inc. is a holding company and sole managing member of One Water Marine Holdings, LLC. It is a marine retailer in the United States with 98 retail locations, 11 distribution centers/warehouses and multiple online marketplaces in 20 different states. Its segments include Dealerships and Distribution. The Dealership segment engages in the sale of new and pre-owned boats, arranges financing and insurance products, performs repair and maintenance services, offers marine related parts and accessories and offers slip and storage accommodations in certain locations. The Distribution segment engages in the manufacturing, assembly, and distribution primarily of marine-related products to distributors, big-box retailers and online retailers through a network of warehouses and distribution centers. It offers a range of branded parts and accessories, including jack plates, rigging parts, plumbing components, storage systems, and appearance, cleaning, and maintenance products.