Lazydays Holdings, Inc. (GORV) 10-Year Financial Performance & Capital Metrics

GORV • • Industrial / General

Consumer CyclicalAuto DealershipsSpecialty Vehicle RetailersRecreational Vehicle Dealers

AboutLazydays Holdings, Inc. operates recreational vehicle (RV) dealerships under the Lazydays name in the United States. The company offers RV sales, RV-repair and services, financing and insurance products, third-party protection plans, and after-market parts and accessories. It also operates the Lazydays RV resort at Tampa, Florida. The company was founded in 1976 and is based in Tampa, Florida.Show more

Revenue $872M -19.5%
EBITDA -$78M +11.2%
Net Income -$164M -48.5%
EPS (Diluted) -250.20 +0.8%
Gross Margin 18.46% -12.6%
EBITDA Margin -8.99% -10.4%
Operating Margin -11.35% -15.2%
Net Margin -18.78% -84.4%
ROE -108.14% -147.7%
ROIC -10.64% -3.0%
Debt/Equity 5.52 +72.9%
Interest Coverage -2.11 +31.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.0x book value
✓Efficient asset utilization: 1.3x turnover

✗Weaknesses

✗High debt to equity ratio of 5.5x
✗Weak Piotroski F-Score: 3/9
✗Weak momentum: RS Rating 1 (bottom 1%)
✗Shares diluted 51.3% in last year
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y6.21%

3Y-10.97%

TTM-40.55%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-10.83%

EPS CAGR

10Y-

5Y-

3Y-

TTM52.23%

ROCE

10Y Avg7.37%

5Y Avg4.43%

3Y Avg-10.23%

Latest-26.94%

Peer Comparison

Recreational Vehicle Dealers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GORVLazydays Holdings, Inc.	1.57M	0.42	-0.00	-19.5%	-38.84%	-108.14%	100%	5.52
CWHCamping World Holdings, Inc.	815.4M	12.98	-16.23	-2.03%	-0.85%	-11.2%	18.93%	7.51

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	565.35M	614.84M	608.19M	644.91M	817.11M	1.24B	1.33B	1.08B	871.56M
Revenue Growth %	-	0.09%	-0.01%	0.06%	0.27%	0.51%	0.07%	-0.18%	-0.2%
Cost of Goods Sold+	448.17M	487.7M	485.94M	523.55M	649.39M	924.68M	998.27M	854M	710.71M
COGS % of Revenue	0.79%	0.79%	0.8%	0.81%	0.79%	0.75%	0.75%	0.79%	0.82%
Gross Profit+	117.18M	127.14M	122.25M	121.37M	167.72M	310.37M	328.69M	228.74M	160.85M
Gross Margin %	0.21%	0.21%	0.2%	0.19%	0.21%	0.25%	0.25%	0.21%	0.18%
Gross Profit Growth %	-	0.08%	-0.04%	-0.01%	0.38%	0.85%	0.06%	-0.3%	-0.3%
Operating Expenses+	97.61M	105.1M	105.58M	107.16M	119.25M	184.53M	238.98M	335.42M	259.81M
OpEx % of Revenue	0.17%	0.17%	0.17%	0.17%	0.15%	0.15%	0.18%	0.31%	0.3%
Selling, General & Admin	97.61M	105.1M	105.58M	107.16M	119.25M	184.53M	222.22M	198.31M	200.09M
SG&A % of Revenue	0.17%	0.17%	0.17%	0.17%	0.15%	0.15%	0.17%	0.18%	0.23%
Research & Development	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	16.76M	137.11M	59.72M
Operating Income+	19.57M	22.04M	16.67M	14.21M	48.47M	125.84M	89.72M	-106.67M	-98.95M
Operating Margin %	0.03%	0.04%	0.03%	0.02%	0.06%	0.1%	0.07%	-0.1%	-0.11%
Operating Income Growth %	-	0.13%	-0.24%	-0.15%	2.41%	1.6%	-0.29%	-2.19%	0.07%
EBITDA+	24.82M	28.07M	26.08M	25.02M	63.37M	140.33M	106.47M	-88.16M	-78.33M
EBITDA Margin %	0.04%	0.05%	0.04%	0.04%	0.08%	0.11%	0.08%	-0.08%	-0.09%
EBITDA Growth %	-	0.13%	-0.07%	-0.04%	1.53%	1.21%	-0.24%	-1.83%	0.11%
D&A (Non-Cash Add-back)	5.26M	6.03M	9.42M	10.81M	14.89M	14.49M	16.76M	18.51M	20.63M
EBIT	19.57M	22.14M	12.77M	15.89M	33.04M	118.76M	102.17M	-105.85M	-100.15M
Net Interest Income+	0	-8.75M	0	-10.33M	-8.05M	-8.5M	-16.59M	-34.88M	-46.91M
Interest Income	0	0	0	0	0	0	0	0	0
Interest Expense	7.27M	8.75M	10.02M	10.33M	8.05M	8.5M	16.59M	34.88M	46.91M
Other Income/Expense	-7.27M	-8.65M	-13.92M	-8.64M	-23.48M	-15.57M	-4.14M	-34.05M	-48.11M
Pretax Income+	12.29M	13.39M	2.75M	5.56M	24.99M	110.26M	85.58M	-140.73M	-147.06M
Pretax Margin %	0.02%	0.02%	0%	0.01%	0.03%	0.09%	0.06%	-0.13%	-0.17%
Income Tax+	4.51M	5.08M	3.04M	1.1M	10.36M	28.24M	19.18M	-30.46M	16.65M
Effective Tax Rate %	0.63%	0.62%	-0.1%	0.8%	0.59%	0.5%	0.78%	0.78%	1.11%
Net Income+	7.78M	8.3M	-284K	4.46M	14.63M	55.27M	66.39M	-110.27M	-163.71M
Net Margin %	0.01%	0.01%	-0%	0.01%	0.02%	0.04%	0.05%	-0.1%	-0.19%
Net Income Growth %	-	0.07%	-1.03%	16.72%	2.28%	2.78%	0.2%	-2.66%	-0.48%
Net Income (Continuing)	7.78M	8.3M	-284K	4.46M	14.63M	82.02M	66.39M	-110.27M	-163.71M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	27.60	29.40	-1.01	-4.50	17.10	84.90	106.50	-252.30	-250.20
EPS Growth %	-	0.07%	-1.03%	-3.48%	4.8%	3.96%	0.25%	-3.37%	0.01%
EPS (Basic)	27.60	29.40	-1.01	-4.50	17.10	145.50	104.10	-252.30	-250.20
Diluted Shares Outstanding	279.56K	279.56K	279.56K	322.8K	323.72K	644.82K	422.33K	451.74K	683.54K
Basic Shares Outstanding	279.56K	279.56K	279.56K	322.8K	323.72K	376.29K	386.14K	451.74K	683.54K
Dividend Payout Ratio	5.72%	1.81%	-	-	-	-	-	-	-

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	146.48M	149.44M	216.74M	211.67M	203.88M	375.63M	476.85M	546.9M	353.77M
Cash & Short-Term Investments	4.16M	13.29M	26.6M	31.46M	63.51M	98.12M	61.69M	58.09M	24.7M
Cash Only	4.16M	13.29M	26.6M	31.46M	63.51M	98.12M	61.69M	58.09M	24.7M
Short-Term Investments	0	0	0	0	0	0	0	0	0
Accounts Receivable	0	19.91M	19.6M	16.35M	21.36M	31.91M	32.97M	30.11M	28.43M
Days Sales Outstanding	-	11.82	11.76	9.25	9.54	9.43	9.07	10.15	11.91
Inventory	124.07M	114.17M	167.38M	160.86M	116.27M	242.91M	378.88M	456.09M	211.95M
Days Inventory Outstanding	101.04	85.45	125.72	112.15	65.35	95.88	138.53	194.93	108.85
Other Current Assets	0	0	3.17M	3M	0	0	3.32M	2.61M	88.69M
Total Non-Current Assets+	124.36M	113.04M	203.08M	213.69M	259.86M	322.49M	353.87M	390.84M	322.06M
Property, Plant & Equipment	48.45M	45.67M	78.04M	86.88M	121.79M	152.75M	185.97M	292.1M	188.14M
Fixed Asset Turnover	11.67x	13.46x	7.79x	7.42x	6.71x	8.09x	7.14x	3.71x	4.63x
Goodwill	25.22M	25.22M	36.76M	38.98M	45.09M	80.32M	83.46M	0	0
Intangible Assets	0	0	0	68.85M	72.76M	87.8M	81.67M	80.55M	54.96M
Long-Term Investments	26.61M	25.86M	70.19M	0	72.76M	0	0	0	0
Other Non-Current Assets	395K	219K	358K	255K	-72.28M	1.62M	2.77M	2.75M	78.96M
Total Assets+	270.83M	262.48M	419.83M	425.36M	463.74M	698.13M	830.72M	937.74M	675.83M
Asset Turnover	2.09x	2.34x	1.45x	1.52x	1.76x	1.77x	1.60x	1.15x	1.29x
Asset Growth %	-	-0.03%	0.6%	0.01%	0.09%	0.51%	0.19%	0.13%	-0.28%
Total Current Liabilities+	125.39M	134.82M	172.4M	174.73M	174.18M	266.35M	399.63M	499.98M	378.87M
Accounts Payable	18.94K	12.39M	10.64M	11.23M	18.08M	28.36M	10.84M	15.14M	22.43M
Days Payables Outstanding	0.02	9.28	7.99	7.83	10.16	11.19	3.96	6.47	11.52
Short-Term Debt	101.02M	107.44M	148.59M	150.88M	129.56M	197.73M	352.34M	447.92M	317.2M
Deferred Revenue (Current)	0	1000K	1000K	0	1000K	1000K	1000K	0	0
Other Current Liabilities	9.56M	3.88M	11.96M	10.24M	4.31M	8.56M	-6M	0	1.53M
Current Ratio	1.17x	1.11x	1.26x	1.21x	1.17x	1.41x	1.19x	1.09x	0.93x
Quick Ratio	0.18x	0.26x	0.29x	0.29x	0.50x	0.50x	0.25x	0.18x	0.37x
Cash Conversion Cycle	-	87.99	129.49	113.57	64.73	94.12	143.63	198.61	109.24
Total Non-Current Liabilities+	88.41M	76.82M	116M	175.95M	204.04M	170.67M	139.1M	224.57M	207.36M
Long-Term Debt	8.99M	7.21M	19.01M	76.47M	8.45M	13.68M	10.13M	110.93M	83.98M
Capital Lease Obligations	54.18M	53.68M	60.53M	63.56M	90.69M	128.03M	112.53M	113.64M	86.6M
Deferred Tax Liabilities	24.58M	15.93M	36.45M	35.18M	34.83M	13.66M	15.54M	0	1.35M
Other Non-Current Liabilities	-87.75M	15.93M	0	747K	89.82M	15.29M	906K	0	35.43M
Total Liabilities	213.8M	211.65M	288.39M	350.68M	378.22M	437.02M	538.72M	724.55M	586.23M
Total Debt+	164.19M	168.33M	228.14M	290.9M	288.3M	347.85M	482.35M	680.25M	494.28M
Net Debt	160.03M	155.04M	201.53M	259.44M	224.79M	249.73M	420.67M	622.16M	469.58M
Debt / Equity	2.88x	3.31x	1.74x	3.90x	3.37x	1.33x	1.65x	3.19x	5.52x
Debt / EBITDA	6.61x	6.00x	8.75x	11.63x	4.55x	2.48x	4.53x	-	-
Net Debt / EBITDA	6.45x	5.52x	7.73x	10.37x	3.55x	1.78x	3.95x	-	-
Interest Coverage	2.69x	2.52x	1.66x	1.38x	6.02x	14.80x	5.41x	-3.06x	-2.11x
Total Equity+	57.03M	50.83M	131.43M	74.68M	85.52M	261.11M	292M	213.19M	89.6M
Equity Growth %	-	-0.11%	1.59%	-0.43%	0.15%	2.05%	0.12%	-0.27%	-0.58%
Book Value per Share	204.01	181.83	470.14	231.36	264.16	404.93	691.40	471.93	131.08
Total Shareholders' Equity	57.03M	50.83M	131.43M	74.68M	85.52M	261.11M	292M	213.19M	89.6M
Common Stock	1K	3K	0	0	0	0	0	0	10K
Retained Earnings	7.78M	1.08M	-4.16M	4.8M	14.79M	96.81M	163.2M	48.14M	-114.75M
Treasury Stock	-11K	-11K	0	-314K	-499K	-12.52M	-57.02M	-57.13M	-57.13M
Accumulated OCI	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-7.61M	24.06M	-5.34M	38.92M	111.07M	2.77M	-71.96M	-36.48M	94.35M
Operating CF Margin %	-0.01%	0.04%	-0.01%	0.06%	0.14%	0%	-0.05%	-0.03%	0.11%
Operating CF Growth %	-	4.16%	-1.22%	8.28%	1.85%	-0.98%	-26.97%	0.49%	3.59%
Net Income	7.78M	8.3M	-284K	4.46M	14.63M	82.02M	66.39M	-110.27M	-163.71M
Depreciation & Amortization	5.26M	6.03M	9.42M	10.81M	14.89M	14.41M	16.76M	18.51M	20.63M
Stock-Based Compensation	0	0	0	4.86M	1.57M	750K	2.81M	2.25M	1.75M
Deferred Taxes	-1.45M	-1.03M	-1.14M	-2.27M	-1.36M	-1.43M	1.87M	-30.98M	16.79M
Other Non-Cash Items	18.96M	10.08M	47.59M	-3.2M	15.12M	5.64M	-12.39M	118.39M	43.99M
Working Capital Changes	-19.72M	9.56M	-23.42M	24.25M	66.22M	-98.63M	-147.4M	-34.39M	174.91M
Change in Receivables	1.58M	-6.65M	2.46M	629K	-2.4M	-8.47M	6.51M	2.35M	-31K
Change in Inventory	-9.51M	9.82M	-17.46M	21.48M	63.36M	-105.51M	-127.59M	-42.9M	157.36M
Change in Payables	0	0	-3.67M	-554K	10.19M	15.86M	-17.84M	5.42M	16.05M
Cash from Investing+	-6.48M	-2.33M	-96.57M	-19.41M	-30.32M	-84.13M	-54.54M	-192.96M	-8.13M
Capital Expenditures	-6.48M	-2.58M	-4.32M	-16.88M	-18.64M	-21.26M	-39.88M	-95.24M	-19.02M
CapEx % of Revenue	0.01%	0%	0.01%	0.03%	0.02%	0.02%	0.03%	0.09%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	37K	4.97M	174K	36K	0	10.89M
Cash from Financing+	-49.95M	-12.59M	113.74M	-14.66M	-48.69M	115.96M	90.07M	225.84M	-119.61M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-
Dividends Paid	-44.5M	-15M	-2.63M	-1.21M	-10.98M	-4.8M	-4.8M	-4.8M	0
Share Repurchases	-	-	-	-	-	-	-	-	-
Other Financing	-91.75M	-1.33M	-667K	2.84M	12.49M	66.43M	9.16M	29.85M	7.68M
Net Change in Cash	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-14.09M	21.47M	-9.66M	22.05M	92.43M	-18.49M	-111.84M	-131.72M	75.33M
FCF Margin %	-0.02%	0.03%	-0.02%	0.03%	0.11%	-0.01%	-0.08%	-0.12%	0.09%
FCF Growth %	-	2.52%	-1.45%	3.28%	3.19%	-1.2%	-5.05%	-0.18%	1.57%
FCF per Share	-50.38	76.81	-34.57	68.30	285.51	-28.68	-264.83	-291.58	110.21
FCF Conversion (FCF/Net Income)	-0.98x	2.90x	18.81x	8.72x	7.59x	0.05x	-1.08x	0.33x	-0.58x
Interest Paid	0	8.33M	0	10.12M	8.18M	7.3M	15.56M	11.04M	37.95M
Taxes Paid	0	3.33M	0	1.06M	13.3M	29.07M	23.92M	620K	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	13.65%	15.39%	-0.31%	4.33%	18.26%	31.89%	24.01%	-43.65%	-108.14%
Return on Invested Capital (ROIC)	6.76%	7.82%	4.64%	3.19%	11.28%	22.99%	11%	-10.34%	-10.64%
Gross Margin	20.73%	20.68%	20.1%	18.82%	20.53%	25.13%	24.77%	21.13%	18.46%
Net Margin	1.38%	1.35%	-0.05%	0.69%	1.79%	4.48%	5%	-10.18%	-18.78%
Debt / Equity	2.88x	3.31x	1.74x	3.90x	3.37x	1.33x	1.65x	3.19x	5.52x
Interest Coverage	2.69x	2.52x	1.66x	1.38x	6.02x	14.80x	5.41x	-3.06x	-2.11x
FCF Conversion	-0.98x	2.90x	18.81x	8.72x	7.59x	0.05x	-1.08x	0.33x	-0.58x
Revenue Growth	-	8.75%	-1.08%	6.04%	26.7%	51.15%	7.44%	-18.4%	-19.5%

Revenue by Segment

	2024
New Vehicle Retail	513.01M
New Vehicle Retail Growth	-
Finance and Insurance	74.03M
Finance and Insurance Growth	-
Vehicle Wholesale	15.8M
Vehicle Wholesale Growth	-

Frequently Asked Questions

Growth & Financials

Lazydays Holdings, Inc. (GORV) reported $547.4M in revenue for fiscal year 2024. This represents a 3% decrease from $565.3M in 2016.

Lazydays Holdings, Inc. (GORV) saw revenue decline by 19.5% over the past year.

Lazydays Holdings, Inc. (GORV) reported a net loss of $212.6M for fiscal year 2024.

Dividend & Returns

Lazydays Holdings, Inc. (GORV) has a return on equity (ROE) of -108.1%. Negative ROE indicates the company is unprofitable.

Lazydays Holdings, Inc. (GORV) had negative free cash flow of $20.0M in fiscal year 2024, likely due to heavy capital investments.

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Lazydays Holdings, Inc. (GORV) 10-Year Financial Performance & Capital Metrics

GORV • • Industrial / General

Consumer CyclicalAuto DealershipsSpecialty Vehicle RetailersRecreational Vehicle Dealers

Revenue $872M -19.5%
EBITDA -$78M +11.2%
Net Income -$164M -48.5%
EPS (Diluted) -250.20 +0.8%
Gross Margin 18.46% -12.6%
EBITDA Margin -8.99% -10.4%
Operating Margin -11.35% -15.2%
Net Margin -18.78% -84.4%
ROE -108.14% -147.7%
ROIC -10.64% -3.0%
Debt/Equity 5.52 +72.9%
Interest Coverage -2.11 +31.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.0x book value
✓Efficient asset utilization: 1.3x turnover

✗Weaknesses

✗High debt to equity ratio of 5.5x
✗Weak Piotroski F-Score: 3/9
✗Weak momentum: RS Rating 1 (bottom 1%)
✗Shares diluted 51.3% in last year
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y6.21%

3Y-10.97%

TTM-40.55%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-10.83%

EPS CAGR

10Y-

5Y-

3Y-

TTM52.23%

ROCE

10Y Avg7.37%

5Y Avg4.43%

3Y Avg-10.23%

Latest-26.94%

Peer Comparison

Recreational Vehicle Dealers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GORVLazydays Holdings, Inc.	1.57M	0.42	-0.00	-19.5%	-38.84%	-108.14%	100%	5.52
CWHCamping World Holdings, Inc.	815.4M	12.98	-16.23	-2.03%	-0.85%	-11.2%	18.93%	7.51

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	565.35M	614.84M	608.19M	644.91M	817.11M	1.24B	1.33B	1.08B	871.56M
Revenue Growth %	-	0.09%	-0.01%	0.06%	0.27%	0.51%	0.07%	-0.18%	-0.2%
Cost of Goods Sold+	448.17M	487.7M	485.94M	523.55M	649.39M	924.68M	998.27M	854M	710.71M
COGS % of Revenue	0.79%	0.79%	0.8%	0.81%	0.79%	0.75%	0.75%	0.79%	0.82%
Gross Profit+	117.18M	127.14M	122.25M	121.37M	167.72M	310.37M	328.69M	228.74M	160.85M
Gross Margin %	0.21%	0.21%	0.2%	0.19%	0.21%	0.25%	0.25%	0.21%	0.18%
Gross Profit Growth %	-	0.08%	-0.04%	-0.01%	0.38%	0.85%	0.06%	-0.3%	-0.3%
Operating Expenses+	97.61M	105.1M	105.58M	107.16M	119.25M	184.53M	238.98M	335.42M	259.81M
OpEx % of Revenue	0.17%	0.17%	0.17%	0.17%	0.15%	0.15%	0.18%	0.31%	0.3%
Selling, General & Admin	97.61M	105.1M	105.58M	107.16M	119.25M	184.53M	222.22M	198.31M	200.09M
SG&A % of Revenue	0.17%	0.17%	0.17%	0.17%	0.15%	0.15%	0.17%	0.18%	0.23%
Research & Development	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	16.76M	137.11M	59.72M
Operating Income+	19.57M	22.04M	16.67M	14.21M	48.47M	125.84M	89.72M	-106.67M	-98.95M
Operating Margin %	0.03%	0.04%	0.03%	0.02%	0.06%	0.1%	0.07%	-0.1%	-0.11%
Operating Income Growth %	-	0.13%	-0.24%	-0.15%	2.41%	1.6%	-0.29%	-2.19%	0.07%
EBITDA+	24.82M	28.07M	26.08M	25.02M	63.37M	140.33M	106.47M	-88.16M	-78.33M
EBITDA Margin %	0.04%	0.05%	0.04%	0.04%	0.08%	0.11%	0.08%	-0.08%	-0.09%
EBITDA Growth %	-	0.13%	-0.07%	-0.04%	1.53%	1.21%	-0.24%	-1.83%	0.11%
D&A (Non-Cash Add-back)	5.26M	6.03M	9.42M	10.81M	14.89M	14.49M	16.76M	18.51M	20.63M
EBIT	19.57M	22.14M	12.77M	15.89M	33.04M	118.76M	102.17M	-105.85M	-100.15M
Net Interest Income+	0	-8.75M	0	-10.33M	-8.05M	-8.5M	-16.59M	-34.88M	-46.91M
Interest Income	0	0	0	0	0	0	0	0	0
Interest Expense	7.27M	8.75M	10.02M	10.33M	8.05M	8.5M	16.59M	34.88M	46.91M
Other Income/Expense	-7.27M	-8.65M	-13.92M	-8.64M	-23.48M	-15.57M	-4.14M	-34.05M	-48.11M
Pretax Income+	12.29M	13.39M	2.75M	5.56M	24.99M	110.26M	85.58M	-140.73M	-147.06M
Pretax Margin %	0.02%	0.02%	0%	0.01%	0.03%	0.09%	0.06%	-0.13%	-0.17%
Income Tax+	4.51M	5.08M	3.04M	1.1M	10.36M	28.24M	19.18M	-30.46M	16.65M
Effective Tax Rate %	0.63%	0.62%	-0.1%	0.8%	0.59%	0.5%	0.78%	0.78%	1.11%
Net Income+	7.78M	8.3M	-284K	4.46M	14.63M	55.27M	66.39M	-110.27M	-163.71M
Net Margin %	0.01%	0.01%	-0%	0.01%	0.02%	0.04%	0.05%	-0.1%	-0.19%
Net Income Growth %	-	0.07%	-1.03%	16.72%	2.28%	2.78%	0.2%	-2.66%	-0.48%
Net Income (Continuing)	7.78M	8.3M	-284K	4.46M	14.63M	82.02M	66.39M	-110.27M	-163.71M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	27.60	29.40	-1.01	-4.50	17.10	84.90	106.50	-252.30	-250.20
EPS Growth %	-	0.07%	-1.03%	-3.48%	4.8%	3.96%	0.25%	-3.37%	0.01%
EPS (Basic)	27.60	29.40	-1.01	-4.50	17.10	145.50	104.10	-252.30	-250.20
Diluted Shares Outstanding	279.56K	279.56K	279.56K	322.8K	323.72K	644.82K	422.33K	451.74K	683.54K
Basic Shares Outstanding	279.56K	279.56K	279.56K	322.8K	323.72K	376.29K	386.14K	451.74K	683.54K
Dividend Payout Ratio	5.72%	1.81%	-	-	-	-	-	-	-

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	146.48M	149.44M	216.74M	211.67M	203.88M	375.63M	476.85M	546.9M	353.77M
Cash & Short-Term Investments	4.16M	13.29M	26.6M	31.46M	63.51M	98.12M	61.69M	58.09M	24.7M
Cash Only	4.16M	13.29M	26.6M	31.46M	63.51M	98.12M	61.69M	58.09M	24.7M
Short-Term Investments	0	0	0	0	0	0	0	0	0
Accounts Receivable	0	19.91M	19.6M	16.35M	21.36M	31.91M	32.97M	30.11M	28.43M
Days Sales Outstanding	-	11.82	11.76	9.25	9.54	9.43	9.07	10.15	11.91
Inventory	124.07M	114.17M	167.38M	160.86M	116.27M	242.91M	378.88M	456.09M	211.95M
Days Inventory Outstanding	101.04	85.45	125.72	112.15	65.35	95.88	138.53	194.93	108.85
Other Current Assets	0	0	3.17M	3M	0	0	3.32M	2.61M	88.69M
Total Non-Current Assets+	124.36M	113.04M	203.08M	213.69M	259.86M	322.49M	353.87M	390.84M	322.06M
Property, Plant & Equipment	48.45M	45.67M	78.04M	86.88M	121.79M	152.75M	185.97M	292.1M	188.14M
Fixed Asset Turnover	11.67x	13.46x	7.79x	7.42x	6.71x	8.09x	7.14x	3.71x	4.63x
Goodwill	25.22M	25.22M	36.76M	38.98M	45.09M	80.32M	83.46M	0	0
Intangible Assets	0	0	0	68.85M	72.76M	87.8M	81.67M	80.55M	54.96M
Long-Term Investments	26.61M	25.86M	70.19M	0	72.76M	0	0	0	0
Other Non-Current Assets	395K	219K	358K	255K	-72.28M	1.62M	2.77M	2.75M	78.96M
Total Assets+	270.83M	262.48M	419.83M	425.36M	463.74M	698.13M	830.72M	937.74M	675.83M
Asset Turnover	2.09x	2.34x	1.45x	1.52x	1.76x	1.77x	1.60x	1.15x	1.29x
Asset Growth %	-	-0.03%	0.6%	0.01%	0.09%	0.51%	0.19%	0.13%	-0.28%
Total Current Liabilities+	125.39M	134.82M	172.4M	174.73M	174.18M	266.35M	399.63M	499.98M	378.87M
Accounts Payable	18.94K	12.39M	10.64M	11.23M	18.08M	28.36M	10.84M	15.14M	22.43M
Days Payables Outstanding	0.02	9.28	7.99	7.83	10.16	11.19	3.96	6.47	11.52
Short-Term Debt	101.02M	107.44M	148.59M	150.88M	129.56M	197.73M	352.34M	447.92M	317.2M
Deferred Revenue (Current)	0	1000K	1000K	0	1000K	1000K	1000K	0	0
Other Current Liabilities	9.56M	3.88M	11.96M	10.24M	4.31M	8.56M	-6M	0	1.53M
Current Ratio	1.17x	1.11x	1.26x	1.21x	1.17x	1.41x	1.19x	1.09x	0.93x
Quick Ratio	0.18x	0.26x	0.29x	0.29x	0.50x	0.50x	0.25x	0.18x	0.37x
Cash Conversion Cycle	-	87.99	129.49	113.57	64.73	94.12	143.63	198.61	109.24
Total Non-Current Liabilities+	88.41M	76.82M	116M	175.95M	204.04M	170.67M	139.1M	224.57M	207.36M
Long-Term Debt	8.99M	7.21M	19.01M	76.47M	8.45M	13.68M	10.13M	110.93M	83.98M
Capital Lease Obligations	54.18M	53.68M	60.53M	63.56M	90.69M	128.03M	112.53M	113.64M	86.6M
Deferred Tax Liabilities	24.58M	15.93M	36.45M	35.18M	34.83M	13.66M	15.54M	0	1.35M
Other Non-Current Liabilities	-87.75M	15.93M	0	747K	89.82M	15.29M	906K	0	35.43M
Total Liabilities	213.8M	211.65M	288.39M	350.68M	378.22M	437.02M	538.72M	724.55M	586.23M
Total Debt+	164.19M	168.33M	228.14M	290.9M	288.3M	347.85M	482.35M	680.25M	494.28M
Net Debt	160.03M	155.04M	201.53M	259.44M	224.79M	249.73M	420.67M	622.16M	469.58M
Debt / Equity	2.88x	3.31x	1.74x	3.90x	3.37x	1.33x	1.65x	3.19x	5.52x
Debt / EBITDA	6.61x	6.00x	8.75x	11.63x	4.55x	2.48x	4.53x	-	-
Net Debt / EBITDA	6.45x	5.52x	7.73x	10.37x	3.55x	1.78x	3.95x	-	-
Interest Coverage	2.69x	2.52x	1.66x	1.38x	6.02x	14.80x	5.41x	-3.06x	-2.11x
Total Equity+	57.03M	50.83M	131.43M	74.68M	85.52M	261.11M	292M	213.19M	89.6M
Equity Growth %	-	-0.11%	1.59%	-0.43%	0.15%	2.05%	0.12%	-0.27%	-0.58%
Book Value per Share	204.01	181.83	470.14	231.36	264.16	404.93	691.40	471.93	131.08
Total Shareholders' Equity	57.03M	50.83M	131.43M	74.68M	85.52M	261.11M	292M	213.19M	89.6M
Common Stock	1K	3K	0	0	0	0	0	0	10K
Retained Earnings	7.78M	1.08M	-4.16M	4.8M	14.79M	96.81M	163.2M	48.14M	-114.75M
Treasury Stock	-11K	-11K	0	-314K	-499K	-12.52M	-57.02M	-57.13M	-57.13M
Accumulated OCI	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-7.61M	24.06M	-5.34M	38.92M	111.07M	2.77M	-71.96M	-36.48M	94.35M
Operating CF Margin %	-0.01%	0.04%	-0.01%	0.06%	0.14%	0%	-0.05%	-0.03%	0.11%
Operating CF Growth %	-	4.16%	-1.22%	8.28%	1.85%	-0.98%	-26.97%	0.49%	3.59%
Net Income	7.78M	8.3M	-284K	4.46M	14.63M	82.02M	66.39M	-110.27M	-163.71M
Depreciation & Amortization	5.26M	6.03M	9.42M	10.81M	14.89M	14.41M	16.76M	18.51M	20.63M
Stock-Based Compensation	0	0	0	4.86M	1.57M	750K	2.81M	2.25M	1.75M
Deferred Taxes	-1.45M	-1.03M	-1.14M	-2.27M	-1.36M	-1.43M	1.87M	-30.98M	16.79M
Other Non-Cash Items	18.96M	10.08M	47.59M	-3.2M	15.12M	5.64M	-12.39M	118.39M	43.99M
Working Capital Changes	-19.72M	9.56M	-23.42M	24.25M	66.22M	-98.63M	-147.4M	-34.39M	174.91M
Change in Receivables	1.58M	-6.65M	2.46M	629K	-2.4M	-8.47M	6.51M	2.35M	-31K
Change in Inventory	-9.51M	9.82M	-17.46M	21.48M	63.36M	-105.51M	-127.59M	-42.9M	157.36M
Change in Payables	0	0	-3.67M	-554K	10.19M	15.86M	-17.84M	5.42M	16.05M
Cash from Investing+	-6.48M	-2.33M	-96.57M	-19.41M	-30.32M	-84.13M	-54.54M	-192.96M	-8.13M
Capital Expenditures	-6.48M	-2.58M	-4.32M	-16.88M	-18.64M	-21.26M	-39.88M	-95.24M	-19.02M
CapEx % of Revenue	0.01%	0%	0.01%	0.03%	0.02%	0.02%	0.03%	0.09%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	37K	4.97M	174K	36K	0	10.89M
Cash from Financing+	-49.95M	-12.59M	113.74M	-14.66M	-48.69M	115.96M	90.07M	225.84M	-119.61M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-
Dividends Paid	-44.5M	-15M	-2.63M	-1.21M	-10.98M	-4.8M	-4.8M	-4.8M	0
Share Repurchases	-	-	-	-	-	-	-	-	-
Other Financing	-91.75M	-1.33M	-667K	2.84M	12.49M	66.43M	9.16M	29.85M	7.68M
Net Change in Cash	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-14.09M	21.47M	-9.66M	22.05M	92.43M	-18.49M	-111.84M	-131.72M	75.33M
FCF Margin %	-0.02%	0.03%	-0.02%	0.03%	0.11%	-0.01%	-0.08%	-0.12%	0.09%
FCF Growth %	-	2.52%	-1.45%	3.28%	3.19%	-1.2%	-5.05%	-0.18%	1.57%
FCF per Share	-50.38	76.81	-34.57	68.30	285.51	-28.68	-264.83	-291.58	110.21
FCF Conversion (FCF/Net Income)	-0.98x	2.90x	18.81x	8.72x	7.59x	0.05x	-1.08x	0.33x	-0.58x
Interest Paid	0	8.33M	0	10.12M	8.18M	7.3M	15.56M	11.04M	37.95M
Taxes Paid	0	3.33M	0	1.06M	13.3M	29.07M	23.92M	620K	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	13.65%	15.39%	-0.31%	4.33%	18.26%	31.89%	24.01%	-43.65%	-108.14%
Return on Invested Capital (ROIC)	6.76%	7.82%	4.64%	3.19%	11.28%	22.99%	11%	-10.34%	-10.64%
Gross Margin	20.73%	20.68%	20.1%	18.82%	20.53%	25.13%	24.77%	21.13%	18.46%
Net Margin	1.38%	1.35%	-0.05%	0.69%	1.79%	4.48%	5%	-10.18%	-18.78%
Debt / Equity	2.88x	3.31x	1.74x	3.90x	3.37x	1.33x	1.65x	3.19x	5.52x
Interest Coverage	2.69x	2.52x	1.66x	1.38x	6.02x	14.80x	5.41x	-3.06x	-2.11x
FCF Conversion	-0.98x	2.90x	18.81x	8.72x	7.59x	0.05x	-1.08x	0.33x	-0.58x
Revenue Growth	-	8.75%	-1.08%	6.04%	26.7%	51.15%	7.44%	-18.4%	-19.5%

Revenue by Segment

	2024
New Vehicle Retail	513.01M
New Vehicle Retail Growth	-
Finance and Insurance	74.03M
Finance and Insurance Growth	-
Vehicle Wholesale	15.8M
Vehicle Wholesale Growth	-

Frequently Asked Questions

Growth & Financials

Lazydays Holdings, Inc. (GORV) reported $547.4M in revenue for fiscal year 2024. This represents a 3% decrease from $565.3M in 2016.

Lazydays Holdings, Inc. (GORV) saw revenue decline by 19.5% over the past year.

Lazydays Holdings, Inc. (GORV) reported a net loss of $212.6M for fiscal year 2024.

Dividend & Returns

Lazydays Holdings, Inc. (GORV) has a return on equity (ROE) of -108.1%. Negative ROE indicates the company is unprofitable.

Lazydays Holdings, Inc. (GORV) had negative free cash flow of $20.0M in fiscal year 2024, likely due to heavy capital investments.