Filing Flows › MasterCraft Boat Holdings (MCFT) › Q3 FY25
MasterCraft Boat Holdings (MCFT) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 7, 2025
MasterCraft Boat Holdings (MCFT) reported revenue of $76.0M for the third quarter fiscal 2025 (Q3 FY25), -10% from a year earlier and +20% from the quarter before. Operating margin was 5.4%, net earnings $3.7M (4.9% of revenue).
MasterCraft Boat Holdings, Q3 FY25: revenue $76.0M (-10% year over year), operating margin 5.4%, net earnings $3.7M, operating cash flow $6.3M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $76.0M | +20% | -10% |
| Gross profit | $15.8M | +45% | -20% |
| Operating profit | $4.1M | 22× | -39% |
| Net earnings | $3.7M | +36% | -0.3% |
| Operating cash flow | $6.3M | -2% | +74% |
| Free cash flow | $4.3M | +6% | +849% |
What changed
Revenue was $76.0M in Q3 FY25, down 10% year over year and up 20% from the previous quarter. Boats and Trailers was the largest line at 96% of revenue. Boats and Trailers lost $7.9M year over year (down 10%), 99% of the total change.
Gross margin was 20.8%, down 2.6 points from a year earlier. Operating profit was $4.1M, a 5.4% margin (down 2.6 points year over year). Operating expenses fell 9% while revenue fell 10%. Net earnings were $3.7M, roughly flat year over year. The effective tax rate was 22.0%.
Operating cash flow was $6.3M (up 74% year over year), 169% of net earnings. Non-cash charges added back $2.6M of depreciation and amortization and $805K of share-based compensation. Working capital and other items used $808K. Capital expenditures of $2.0M left free cash flow of $4.3M.
Questions
What was MasterCraft Boat Holdings' revenue in the third quarter fiscal 2025?
MasterCraft Boat Holdings (MCFT) reported revenue of $76.0M for the third quarter fiscal 2025 (Q3 FY25), -10% from a year earlier and +20% from the quarter before.
Was MasterCraft Boat Holdings profitable in the third quarter fiscal 2025?
Operating profit was $4.1M (5.4% of revenue) and net earnings $3.7M.