Lazydays RV Q3 2021 Investor Presentation
Lazydays at a Glance
Lazydays is a premium and fast growing RV dealer platform in North America
☐
Recognized destination for new and pre-owned RV sales, offering
knowledge and reputation as a leader on RVs across motorized and
towable categories
Complementary high-margin revenue streams include financing & insurance,
parts & service and other auxiliary revenue sources
Focused on scaling platform by integrating strategic dealerships in attractive
markets; management believes the company is well positioned to further
consolidate within a fragmented market
Attractive business model supported by strong free cash flow generation,
recurring income from multiple sources and modest capex requirement
FINANCIAL PERFORMANCE
KEY STATS (1)
#2
Recognized
RV Brand (2)
16
25+
# OEM
Brands
Dealerships &
Service Centers (3)
~13,000
# of
Deliveries
44%+
YOY Revenue
Growth
37%+
26%+
11%+
YOY RV Units
Sold Growth
Gross Profit
EBITDA
Margin
Margin
($ in millions)
Revenue
$817.1
$564.4
$614.9 $608.2
$644.9
$511.9
$1,109.1
Adjusted EBITDA (4)
$126.1
$59.0
$31.2
$32.4
$21.3
$25.1
$27.9
■
2015
2016
2017
2018
2019
2020
2021 03
TTM
2015
2016
2017
2018
2019
2020
2021 Q3
TTM
Financials and deliveries represent trailing twelve months as of September 30, 2021.
Based on 2014 survey performed by Russel Research.
(1)
(2)
(3)
As of Q3 2021 10-Q filing date.
(4)
Represents a non-GAAP financial measure. Please see the Appendix for a reconciliation to the nearest comparable GAAP measure.
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ATTRACTIVE FINANCIAL PROFILE
Consistent growth
Margin expansion opportunity
High cash flow generation
Strong balance sheet
Lazydays RV
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