OneWater Marine : Investor Presentation - May 2025

Published: 2025-05-02 19:08:58 ET ONEW

Published on 05/02/2025 at 19:08, updated on 05/02/2025 at 19:04

M ay 2025

1

STRONG FINANCIAL TRACK RECORD GROW ING FOOTPRINT

Revenue ($MM)

$1,936

$1,745

$1,773

$1,228

$1,023

$768

$603

$391

Adj. EBITDA ($MM) 1

$258

$162

$176

$85

$82

$41

$46

$18

Retail locations

Parts and accessories centers

FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24

Note: Company has a September 30 fiscal year end.

Margin

FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24

5% 7% 6% 8% 13% 15% 9% 5%

States

See reconciliation of non-GAAP financial measures in the appendix.

CAGR FY18 - FY24.

OneWater at a Glance

KEY INVESTMENT HIGHLIGHTS

One of the leading marine Multi-pronged growth retailers of scale in a highly strategy; bolstered

fragmented market by proven M&A strategy

Expanding margin profile through diversification strategy

Flexible operating model able to react quickly to market dynamics

Experienced leadership team w/ 30+ years average experience

<5 Locations

5 - 10 locations

10+ locations

KEY

Private Ownership

1987 - 2014

Private Equity Backing

2015 - 2019

Public Company

2020 - Present

1 store in 1987 to 15 by 2014

ACQUISITIONS

Expanded to 63 stores by 2019

98 retail and 9 warehouse locations today1

Note: retail location count as of March 2025.

Graphic excludes 1 international Denison Yachting location in Monaco

VARIED ACROSS THE BOAT LIFE CYCLE STRATEGIC FOOTPRINT

Revenue Contribution

98

Retail locations across 17 states1

Finance & Insurance

Parts & Service

Pre-Owned

New

4% 3%

70%

20%

6%

63%

18%

16%

$1.77B

$1.02B

2020 2024

Gross Profit Contribution

55%

16%

13%

16%

12%

SC 3% Other 4%

NJ 4%

MA 4%

OH 4%

GA 7% Retail Sales By State

AL 9%

TX 10%

FL 55%

Growing presence in

13

of the top 20 boating states2

Market leader in more than

10 markets

40%

Profit contribution from higher margin revenue streams

45%

15%

28%

5

2020 2024

Note: Represents figures for the fiscal year 2024 ended September 30, 2024.

$435M

$236M

Excludes one retail international Denison Yachting location in Monaco

2023 NMMA Recreational Boating Statistical Abstract. Top 20 states, in order, include Florida, Texas, Michigan, North Carolina, Minnesota, New York, Wisconsin, Georgia, California, Alabama, South Carolina, Tennessee, Louisiana, Missouri, Ohio, New Jersey, Virginia, Washington, Illinois, and Pennsylvania.

Disclaimer

OneWater Marine Inc. published this content on May 02, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 02, 2025 at 23:04 UTC.