OneWater Marine Inc-A 2023年度报告

FORM 10-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2024OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period from ___________ to __________ OneWater Marine Inc. (Exact Name of Registrant as Specified in its Charter)______________________________________ (State or other jurisdiction of incorporation ororganization) (I.R.S. Employer Identification No.) 6275 Lanier Islands ParkwayBuford, Georgia Registrant’s telephone number, including area code: (678) 541-6300______________________________________ Securities registered pursuant to Section 12(b) of the Exchange Act: Title of Each ClassTrading Symbol(s)Which Registered Class A common stock, parvalue $0.01 per shareONEWThe Nasdaq Global Market Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of theSecurities Act. YesNo Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) ofthe Act. YesNo Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorterperiod that the Registrant was required to file such reports), and (2) has been subject to such filingrequirements for the past 90 days. YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data Filerequired to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during thepreceding 12 months (or for such shorter period that the registrant was required to submit such files). YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of“large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. Large accelerated filer Accelerated filerSmaller reportingcompanyEmerging growthcompany Non-accelerated filer If an emerging growth company, indicate by check mark if the registrant has elected not to use theextended transition period for complying with any new or revised financial accounting standards providedpursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant has filed a report on and attestation to its management’sassessment of the effectiveness of its internal control over financial reporting under Section 404(b) of theSarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued itsaudit report. If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether thefinancial statements of the registrant included in the filing reflect the correction of an error to previouslyissued financial statements. Indicate by check mark whether any of those error corrections are restatements that required a recoveryanalysis of incentive-based compensation received by any of the registrant's executive officers during therelevant recovery period pursuant to § 240.10D-1(b). Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).YesNo The aggregate market value of the Class A common stock held by non-affiliates of the registrant, basedon the closing price of the shares of common shares on The Nasdaq Stock Market on March 31, 2024, was$311,817,071. The registrant had 14,826,496 shares of Class A common stock, par value $0.01 per share, and1,429,940 shares of Class B common stock, par value $0.01 per share, outstanding as of November 26,2024. Auditor’s Name: Grant Thornton LLP Auditor’s Location: Atlanta, GA Auditor’s PCAOB ID Number: 248 DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant’s Definitive Proxy Statement relating to the 2025 Annual Meeting ofShareholders, to be filed within 120 days of the Registrant’s fiscal year ended September 30, 2024, areincorporated by reference into Part III of this Annual Report on Form 10-K. Table of Contents TABLE OF CONTENTS Item 1.Business.3Item 1A.Risk Factors16Item 1B.Unresolved Staff Comments.40Item 2.Properties.42Item 3.Legal Proceedings.42Item 4.Mine Safety Disclosures.42PART IIItem 5.Market for Registrant’s Common Equity, Related Stockholder Matters andIssuer Purchases of Equity Securities.43Item 6.[Reserved]44Item 7.Management’s Discussion and Analysis of Financial Condition and Results ofOperations.44Item 7A.Quantitative and Qualitative Disclosures About Market Risk.68Item 8.Financial Statements and Supplementary Data.69Item 9.Changes in and Disagreements With Accountants on Accounting andFinancial Disclosure.101