HZO FY 2018 Earnings Report — MarineMax, Inc. Revenue & Financial Results | Market Cap Arena

MarineMax, Inc.HZO

FY 2018 Earnings

Reported November 29, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$1.2B	—	$1.1B	—	11.9%
Op. Income	$63M	—	$45M	—	39.5%
Gross Margin	25.3%	—	25.2%	—	0.1pp
Net Margin	3.3%	—	2.2%	—	1.1pp
EPS (Diluted)	$1.71	—	$0.95	—	80.0%
Free Cash Flow	$57M	—	-$10M	—	688.3%

Revenue Flow

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$879M
GROSS PROFIT	$298M
R&D Expenses	$0
Selling & Marketing	$17M
General & Administrative	$219M
SG&A Expenses	$235M
Other Expenses	$0
Operating Expenses	$235M
Cost & Expenses	$1.1B
OPERATING INCOME	$63M
Interest Income	$0
Interest Expense	$10M
Other Income/Expenses	-$10M
INCOME BEFORE TAX	$53M
Income Tax Expense	$14M
Net Income from Continuing Ops	$39M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$39M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$39M
D&A	$11M
EBIT	$63M
EBITDA	$74M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$879M
GROSS PROFIT	$298M
R&D Expenses	$0
Selling & Marketing	$17M
General & Administrative	$219M
SG&A Expenses	$235M
Other Expenses	$0
Operating Expenses	$235M
Cost & Expenses	$1.1B
OPERATING INCOME	$63M
Interest Income	$0
Interest Expense	$10M
Other Income/Expenses	-$10M
INCOME BEFORE TAX	$53M
Income Tax Expense	$14M
Net Income from Continuing Ops	$39M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$39M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$39M
D&A	$11M
EBIT	$63M
EBITDA	$74M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$39M
Depreciation & Amortization	$11M
Stock-Based Compensation	$6M
Deferred Income Tax	$5M
Other Non-Cash Items	$150.0K
Change in Working Capital	$9M
OPERATING CASH FLOW	$70M
Capital Expenditure	-$14M
Acquisitions (Net)	-$11M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$1M
NET CASH FROM INVESTING	-$23M
Net Debt Issuance	$0
Common Stock Repurchased	-$1M
Common Dividends Paid	$0
Other Financing Activities	-$47M
NET CASH FROM FINANCING	-$40M
FREE CASH FLOW	$57M
Net Change in Cash	$7M

Balance Sheet

Item	Amount
Cash & Equivalents	$49M
Short-Term Investments	$0
Net Receivables	$34M
Inventory	$377M
Other Current Assets	$5M
TOTAL CURRENT ASSETS	$465M
PP&E (Net)	$139M
Goodwill	$27M
Intangible Assets	$0
Long-Term Investments	-$6M
Tax Assets	$3M
Other Non-Current Assets	$6M
TOTAL NON-CURRENT ASSETS	$175M
TOTAL ASSETS	$641M
Account Payables	$23M
Short-Term Debt	$213M
Deferred Revenue	$17M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$286M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$1M
TOTAL NON-CURRENT LIABILITIES	$1M
TOTAL LIABILITIES	$287M
Common Stock	$27.0K
Additional Paid-In Capital	$262M
Retained Earnings	$166M
Treasury Stock	-$75M
Accum. Other Comp. Income	-$72M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$353M
Minority Interest	$0
TOTAL EQUITY	$353M
TOTAL LIABILITIES & EQUITY	$641M
Total Debt	$213M
Net Debt	$164M