MarineMax (HZO) Registration Filing summary

Company overview and business model

• Operates as the world's largest recreational boat and yacht retailer, marina operator, and superyacht services company, with over 120 locations worldwide as of September 30, 2025.

• Business segments include retail operations, product manufacturing, marina operations, superyacht services, and digital platforms for marine retail and customer experience.

• Manufactures and sells premium boats and yachts through subsidiaries and independent dealers, and provides finance, insurance, and charter services.

• Recent acquisitions include marinas, boat dealers, digital platforms, and service operations, expanding geographic and service reach.

• Focuses on premium brands, with an average new boat selling price of $339,000 in fiscal 2025, significantly above the industry average.

Financial performance and metrics

• Sales of new Brunswick boats accounted for 18% of revenue in fiscal 2025; Sea Ray and Boston Whaler brands contributed 8% and 9% respectively.

• Sales of new Azimut boats and yachts represented 6% of revenue in fiscal 2025.

• Same-store sales decreased 2% in fiscal 2023, increased 1% in fiscal 2024, and decreased 2% in fiscal 2025.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, including repayment of indebtedness, working capital, capital expenditures, acquisitions, and repurchases of common stock or other securities.

• Pending use, proceeds may be temporarily invested in cash equivalents or short-term securities.