Workflow
boats
icon
Search documents
Can MVST's Dive Into Electric Boats Create Waves in Its Top Line?
ZACKS· 2025-07-09 17:26
Core Insights - Microvast Holdings (MVST) is diversifying into the electric boat market through a partnership with Evoy, positioning itself to capitalize on the growing trend of transportation electrification [1][8] - The electric boat market is projected to grow at a CAGR of 10.5% from 2025 to 2030, driven by the focus on carbon emission reduction and sustainable marine transport [1] Company Developments - The collaboration with Evoy marks MVST's entry into the electric boat segment and expands Evoy's battery options, featuring the MV-I high-power battery with an energy density of 180 Wh/kg [2][8] - This partnership allows MVST to establish a presence in the leisure boat segment and enter the European marine market, as well as expose itself to the $160 billion commercial vessel segment, where fast-charging solutions are crucial [3] Financial Performance - Microvast's revenues increased by 23.9% year over year in 2024, primarily due to a 41.6% rise in sales volume from 1,139.6 MWh in 2023 to 1,613.6 MWh in 2024 [4][8] - The company's ability to enhance sales volume, combined with the potential in the marine electrification market, suggests that its strategic entry into the electric boat segment will drive continued revenue growth [5] Market Performance - MVST's stock has surged by 770.6% over the past year, significantly outperforming competitors and the industry, which has seen a rally of 45.8% [6] - In the last six months, MVST stock gained 48.9%, surpassing the industry's 8.8% increase [10] Valuation Metrics - MVST trades at a forward price-to-earnings ratio of 18.93, which is below the industry's ratio of 23.15 [10] - The Zacks Consensus Estimate for MVST's earnings is set at 13 cents per share, compared to a loss of 27 cents per share a year ago [12]
Nation’s Fastest-Growing Boating Market Welcomes Premier Dealer, Bringing MasterCraft’s Industry-Leading Performance, Innovative Technology and Elite Service to Houston Boaters
Globenewswire· 2025-07-08 15:00
Core Insights - MasterCraft Boat Company has expanded its dealer network by partnering with Rinker's Boat World in Houston, Texas, enhancing customer access to its premium towboats [1][4] - Rinker's Boat World, established in 1978, aligns with MasterCraft's commitment to quality and customer experience, offering a full-service dealership with on-water demos and support [2][4] - The partnership aims to strengthen MasterCraft's presence in high-demand regions, providing local customers with superior service and access to top-tier towboats [4] Company Overview - MasterCraft is recognized as a leading innovator in the design and manufacturing of premium performance sport boats, with a history of over 50 years in the industry [6] - MasterCraft Boat Holdings, Inc. operates under three brands: MasterCraft, Crest, and Balise, and is headquartered in Vonore, TN [7]
Nation's Fastest-Growing Boating Market Welcomes Premier Dealer, Bringing MasterCraft's Industry-Leading Performance, Innovative Technology and Elite Service to Houston Boaters
GlobeNewswire News Room· 2025-07-08 15:00
Core Insights - MasterCraft Boat Company has announced a new partnership with Rinker's Boat World, which will serve as an authorized dealer in the Houston area, enhancing customer access to MasterCraft's premium boats [1][4] - Rinker's Boat World is committed to providing a full-service experience, including on-water demonstrations and comprehensive support for MasterCraft's complete line of towboats [2][4] - The partnership aims to expand MasterCraft's dealer network in high-demand regions, ensuring more customers can access top-tier towboats and superior service [4] Company Overview - MasterCraft is recognized as a leading innovator and manufacturer of premium performance sport boats, with a history of over 50 years in the industry [6] - The company operates under MasterCraft Boat Holdings, Inc., which also includes the brands Crest and Balise, and is headquartered in Vonore, TN [7]
Freedom Boat Club Enters Middle East Market with Launch of Dubai Harbour Location
Globenewswire· 2025-07-08 15:00
DUBAI, July 08, 2025 (GLOBE NEWSWIRE) -- Freedom Boat Club, the world’s largest boat club and a Brunswick Corporation (NYSE: BC) business and brand, today announced its expansion into the Middle East market with the upcoming launch of Freedom Boat Club of Dubai, set to open in Fall 2025. Strategically located in Dubai Harbour, the new club marks a significant milestone in Freedom Boat Club’s international development, extending its presence into one of the most vibrant and high-potential boating markets in ...
Marine Products Corporation Announces Date for Second Quarter 2025 Financial Results and Conference Call
Prnewswire· 2025-07-02 12:00
Group 1 - Marine Products Corporation will release its financial results for Q2 2025 on July 24, 2025, before market opens [1] - A conference call to discuss the financial and operating results will take place on July 24, 2025, at 8:00 a.m. Eastern Time [1] - Participants can join the conference call via toll-free number or international dial-in, with a conference ID provided [2] Group 2 - Marine Products Corporation is a leading manufacturer of high-quality fiberglass boats under the brands Chaparral and Robalo [3] - The company offers a diverse range of products, including sterndrive models, outboard offerings, and sport fishing models [3] - Marine Products Corporation aims to increase market share and generate superior financial performance through product innovation and a strong dealer network [3]
Kirby (KEX) Earnings Call Presentation
2025-07-02 11:49
Investor Presentation NYSE: KEX May 2025 Forward Looking Statements Non-GAAP Financial Measures Statements contained in this presentation with respect to the future are forward-looking statements. These statements reflect management's reasonable judgment with respect to future events. Forward-looking statements involve risks and uncertainties. Actual results could differ materially from those anticipated as a result of various factors, including adverse economic conditions, industry competition and other co ...
Women plan to increase outdoor activity to record levels in 2025, according to Winnebago Industries insights survey
Globenewswire· 2025-07-01 14:00
The Power of the Outdoors For many women, the outdoors is more than a destination—it's a path to well-being. Among those planning to increase their time outside in 2025, the top motivations are deeply personal: to stay active (56%), improve overall health (54%), reduce stress (52%), and boost mood (48%). These benefits resonate across generations, though each age group brings its own perspective. Baby Boomers are especially drawn to the physical health advantages, while younger generations—Gen Z and Millenn ...
Compared to Estimates, Winnebago (WGO) Q3 Earnings: A Look at Key Metrics
ZACKS· 2025-06-25 14:31
Core Insights - Winnebago Industries reported revenue of $775.1 million for the quarter ended May 2025, reflecting a year-over-year decline of 1.4% and an EPS of $0.81 compared to $1.13 a year ago, with a slight revenue surprise of -0.03% against the Zacks Consensus Estimate [1] Financial Performance - The consensus EPS estimate was $0.79, resulting in an EPS surprise of +2.53% [1] - Winnebago's stock has returned -8.8% over the past month, underperforming the Zacks S&P 500 composite's +5.1% change, and currently holds a Zacks Rank 5 (Strong Sell) [3] Unit Deliveries and Revenue Breakdown - Total Motorhome RV unit deliveries were 1,431, exceeding the average estimate of 1,368 [4] - Total Towable RV unit deliveries were 9,495, below the average estimate of 10,218 [4] - Total Marine boat unit deliveries were 1,254, slightly below the average estimate of 1,303 [4] - Net Revenues for Motorhome RV were $291.20 million, surpassing the average estimate of $273.52 million but showing a -2.6% change year-over-year [4] - Net Revenues for Marine were $100.70 million, exceeding the average estimate of $97.21 million, with a +14.6% year-over-year change [4] - Net Revenues for Towable RV were $371.70 million, below the average estimate of $410.07 million, reflecting a -3.8% change year-over-year [4] Adjusted EBITDA Analysis - Adjusted EBITDA for Towable RV was $35.40 million, below the average estimate of $40.40 million [4] - Adjusted EBITDA for Marine was $11.60 million, exceeding the average estimate of $10.49 million [4] - Adjusted EBITDA for Motorhome RV was $3 million, significantly below the average estimate of $11.21 million [4]
Marine Products (MPX) Earnings Call Presentation
2025-06-25 13:16
CORPORATE OVERVIEW April 2025 MARINE PRODUCTS CORPORATION FORWARD LOOKING STATEMENTS NON-GAAP DISCLOSURE Certain statements and information included in this press release constitute "forward- looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements that look forward in time or express management's beliefs, expectations, hopes or strategies. In particular, such statements include, without limitation: our plans to begin ...
Malibu Boats, Inc. Appoints Melanie Cook to Board of Directors
Globenewswire· 2025-06-24 20:30
LOUDON, Tenn., June 24, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU), a leading designer, manufacturer and marketer of a diverse range of recreational powerboats, announced today that Melanie Cook, former Chief Operating Officer of GE Appliances, has been appointed to the Company’s Board of Directors as an independent director, effective immediately. Ms. Cook will serve on the Audit Committee and the Nominating and Governance Committee. “We are excited to welcome Melanie to our board,” said Mi ...