Improved Gross Margin in Outdoor Segment
Outdoor adjusted gross margin improved to 36.9% in Q4 2024 compared to 32.8% in Q4 2023, a 410 basis point improvement.
Significant EBITDA Growth
Full-year adjusted EBITDA increased by 80% despite a decline in revenue, reflecting improved operational efficiencies and cost management.
Strong Balance Sheet
Clarus maintains a strong balance sheet with no third-party bank debt, providing financial stability.
Rocky Mounts Acquisition
Acquired Rocky Mounts to strengthen the Adventure segment, providing immediate scale in North America and a compelling offering in the home market.
Positive Cash Flow
Free cash flow was $14.4 million in Q4 2024, maintaining a consistent cash balance of approximately $43 million.