Financial Performance - Total revenues for the three months ended September 30, 2024, were $213.465 million, a decrease of 24% compared to $280.682 million for the same period in 2023[16] - Gross profit for the three months ended September 30, 2024, was $45.313 million, down from $54.441 million in the same period last year, representing a decline of 17%[16] - Net loss for the three months ended September 30, 2024, was $17.665 million, compared to a net loss of $5.586 million for the same period in 2023, indicating a significant increase in losses[16] - Total revenues for the nine months ended September 30, 2024, were $722,745, a decrease of 18.3% from $884,718 in 2023[153] - New vehicle retail revenue for the nine months was $418,315, down 21.4% from $532,397 in the previous year[153] - Net loss for the nine months ended September 30, 2024, was $83,866, significantly higher than the net loss of $2,301 for the same period in 2023[26] Assets and Liabilities - Total assets decreased to $735.946 million as of September 30, 2024, down from $937.739 million at the end of 2023, reflecting a reduction of approximately 21%[10] - Total liabilities decreased to $605.018 million as of September 30, 2024, down from $724.549 million at the end of 2023, a reduction of about 16%[10] - Current liabilities totaled $392.018 million as of September 30, 2024, compared to $499.977 million at the end of 2023, showing a decrease of approximately 22%[10] - The company’s retained earnings showed a deficit of $37.713 million as of September 30, 2024, compared to retained earnings of $48.137 million at the end of 2023[10] Cash Flow and Expenses - The company’s cash position decreased to $13.536 million as of September 30, 2024, down from $58.085 million at the end of 2023, indicating a decline of about 77%[10] - Cash provided by operating activities for the nine months ended September 30, 2024, was $98,567, compared to $40,434 for the same period in 2023, indicating improved operational cash flow[26] - Cash paid for interest during the nine months ended September 30, 2024, was $24,783, a substantial increase from $7,402 in 2023, indicating higher borrowing costs[28] - SG&A expenses decreased by $2.4 million, or 5.1%, in Q3 2024 compared to Q3 2023, primarily due to decreased marketing expenses and reduced headcount[200] Inventory and Sales - Inventories increased significantly to $145,416 for the nine months ended September 30, 2024, compared to $18,427 in 2023, suggesting potential overstocking or increased production[26] - Total inventory value as of September 30, 2024, was $310.7 million, down from $456.1 million as of December 31, 2023, reflecting a decrease of approximately 31.9%[42] - New vehicle retail revenue decreased by 29.3% to $122,291 from $172,898 year-over-year[150] - Pre-owned vehicle retail revenue declined by 19.8% to $60,177 compared to $75,059 in the previous year[150] Debt and Financing - As of September 30, 2024, Lazydays had $316.6 million outstanding on the Floor Plan Credit Facility at an interest rate of 7.43% and $41.0 million on the Revolving Credit Facility at an interest rate of 8.75%[60] - The M&T Credit Facilities include a $400 million Floor Plan Credit Facility and a $41 million Revolving Credit Facility, maturing on February 21, 2027[53] - The company was not in compliance with certain financial covenants under the M&T Credit Agreement during July, August, and September 2024, leading to temporary waiver agreements[57] - The outstanding balance of the Revolving Credit Facility is $31.0 million after the repayment of a portion of the principal[135] Stock and Equity - The weighted average shares used for EPS calculations were 14,439,861 for the three months ended September 30, 2024, compared to 14,263,367 for the same period in 2023[16] - As of September 30, 2024, total stockholders' equity was $68,565, a decrease from $87,998 as of June 30, 2024, reflecting a net loss of $17,665 for the quarter[18] - The company granted a performance-based stock option for 1,500,000 shares with a strike price of $2.00 per share in September 2024[110] - The Company raised gross proceeds of $30 million from the sale of PIPE Shares at a price of $1.03 per share[125] Taxation - Income tax benefit for the three months ended September 30, 2024, was $381,000, down from $1,805,000 in 2023, resulting in a variance of $(1,424,000)[206] - The effective tax rate for the three months ended September 30, 2024, was (2.1)%, compared to (24.4)% in 2023[206] - For the nine months ended September 30, 2024, the income tax expense was $(16,640,000), a decrease from $642,000 in 2023, resulting in a variance of $(17,282,000)[206] Business Operations - As of September 30, 2024, Lazydays Holdings, Inc. operated 23 RV dealerships across various states, including Arizona, Colorado, and Florida, each with 3 locations[31][32] - The Company operates 23 dealerships in 14 states, with a significant portion of new RV units sold annually in the U.S.[144] - The Company employs approximately 1,300 people across its dealership locations, providing extensive RV expertise to customers[145] - The Company utilizes customer relationship management tools and analytics to engage and market to its customer database[146]

Core Viewpoint - Lazydays Holdings, Inc. is set to release its third-quarter fiscal year 2024 results on November 18, 2024, followed by a conference call on November 19, 2024, to discuss the results and recent strategic asset sales [1][2]. Company Overview - Lazydays has been a significant player in the RV industry since 1976, known for exceptional RV sales, service, and ownership experiences [3]. - The company offers a wide selection of RV brands, state-of-the-art service facilities, and a comprehensive range of accessories and parts, positioning itself as a go-to destination for RV enthusiasts [4]. Upcoming Events - The third-quarter results will be publicly available after market close on November 18, 2024, with an SEC Form 10-Q filing on the same day [1]. - A conference call is scheduled for November 19, 2024, at 8:30 a.m. Eastern Time to discuss the results and the comprehensive recapitalization and strategic asset sales [2].

INVESTOR PRESENTATION LAZYDAYS August 2024 LAZYDAYS.COM LEGAL DISCLAIMER 02 | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Lazydays Holdings, Inc. (NASDAQ:GORV) Q2 2024 Earnings Conference Call August 16, 2024 8:30 AM ET Company Participants Kelly Porter - Chief Financial Officer John North - Chief Executive Officer Amber Dillard - Vice President, Operations Conference Call Participants Daniel Moore - CJS Securities Griffin Brian - D.A. Davidson Operator Greetings and welcome to the Lazydays Holdings Second Quarter 2024 Conference Call. As a reminder, this conference is being recorded. It is now my pleasure to introduce your ho ...

Exhibit 99.1 Tampa, FL (August 15, 2024) – Lazydays (NasdaqCM: GORV) today reports results for the second quarter ended June 30, 2024. John North, Chief Executive Officer, commented, "Our team has focused on maintaining healthy vehicle inventory, improving F&I per unit and achieving substantial total gross margin improvement sequentially. However, the seasonal improvement in sales volume we had anticipated to occur in the second quarter did not materialize. On a same-store basis, we saw a decline in both ne ...

TAMPA, Fla., Aug. 15, 2024 /PRNewswire/ -- Lazydays (NasdaqCM: GORV) today reports results for the second quarter ended June 30, 2024. John North, Chief Executive Officer, commented, "Our team has focused on maintaining healthy vehicle inventory, improving F&I per unit and achieving substantial total gross margin improvement sequentially. However, the seasonal improvement in sales volume we had anticipated to occur in the second quarter did not materialize. On a same-store basis, we saw a decline in both ne ...

Table of Contents Delaware 82-4183498 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number: 001-38424 Lazydays Holdings, Inc. (Exact Name of Registrant as Specifi ...

TAMPA, Fla., Aug. 12, 2024 /PRNewswire/ -- Lazydays Holdings, Inc. (NasdaqCM: GORV) will announce its second quarter 2024 financial results no later than before the market opens on August 16, 2024. A conference call to discuss the results is scheduled for the same day at 8:30 a.m. Eastern Time. How to Participate The conference call may be accessed by telephone at 877-407-8029 / +1 201-689-8029. To listen live on our website or for replay, visit www.lazydays.com/investor-relations. About Lazydays Lazydays h ...

Lazydays Holdings, Inc. (NASDAQ:GORV) Q1 2024 Earnings Conference Call May 16, 2024 8:30 AM ET Company Participants Kelly Porter - Chief Financial Officer John North - Chief Executive Officer Amber Dillard - Vice President, Operations Conference Call Participants Steve Dyer - Craig-Hallum Mike Swartz - Truist Securities Brandon Rolle - D.A. Davidson Operator Greetings, and welcome to the Lazydays Holdings First Quarter 2024 Conference Call. As a reminder, this conference is being recorded. It's now my pleas ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number: 001-38424 Lazydays Holdings, Inc. (Exact Name of Registrant as Specified in its Charter) ...