Malibu Boats(MBUU) - 2024 Q4 - Annual Results

Exhibit 99.1 MALIBU BOATS, INC. ANNOUNCES FOURTH QUARTER FISCAL 2024 RESULTS Loudon, TN - August 29, 2024 - Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the fourth quarter and fiscal year ended June 30, 2024. Fourth Quarter Fiscal 2024 Highlights Compared to Fourth Quarter Fiscal 2023 • Net sales decreased 57.4% to $158.7 million • Unit volume decreased 59.0% to 1,045 units • Gross profit decreased 87.8% to$ 12.5 million • General and administrative expenses decreased to $21.6 ...