Lazydays RV Q3 2021 Investor Presentation
Other Current Assets
3.7
Strong Balance Sheet and Significant Financial Flexibility
($ in millions)
Cash
Accounts Receivable (Net)
Inventory
Q3 2021
$67.0
31.0
140.8
FY 2020
$63.5
ATTRACTIVE FINANCIAL PROFILE
Well-capitalized for both organic
and acquisition growth opportunities
19.5
116.3
4.6
Total Current Assets
$242.5
$203.9
PP&E (Net)
118.6
106.3
Goodwill & Intangibles
171.6
117.9
Other Assets
29.6
15.9
Total Assets
$562.3
$444.0
$67.0M cash on hand and net
working capital of $72.0M, as of
September 30, 2021
Accounts Payable, Accrued Expenses and Other
$60.1
$38.8
Income Taxes Payable
1.1
0.0
Dividends Payable
1.2
1.2
Short-Term Borrowings
94.0
105.4
Expanding margins combined with
low capex provide strong cash flow
Current Financing Liability
2.1
1.5
Current Portion of Long-Term Debt
6.0
24.1
Operating Lease Liability
6.0
3.2
Total Current Liabilities
$170.5
$174.2
Non-Current Financial Liability
88.7
78.6
Long-Term Debt
14.8
8.5
Highly variable cost structure
(80%+ of costs) provides flexibility
across economic environments
Warrant Liabilities
15.5
15.1
Other Long-Term Liabilities
38.1
27.1
Total Liabilities
$327.6
$303.5
Preferred Equity (Convertible)
$55.0
$55.0
Additional Paid-In Capital & Treasury Stock
99.8
70.7
Despite COVID-19 driven reduction in
revenue in April, Lazydays reported
positive Q2 2020 EBITDA, and strong
FY growth
Retained Earnings
79.9
14.8
Shareholder's Equity
179.7
$140.5
Total Liabilities & Equity
$562.3
$444.0
Page 13
Lazydays RV
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