Holley Inc. (HLLY) Q4 2024 Earnings Conference Call: Key Insights
On March 11, 2025, Holley Inc. (HLLY) held its Q4 2024 earnings conference call. The call was led by Matt Stevenson, President and CEO, Jesse Weaver, CFO, and Anthony Rozmus, IR. The call was participated by analysts from various firms, including Christian Carlino from JPMorgan, Joe Altobello from Raymond James, Brian McNamara from Canaccord Genuity, and Bret Jordan from Jefferies, among others, with Phil Blee from William Blair moderating.
Company Performance
During the call, the executives discussed Holley’s financial performance for the quarter and the full year. The company reported revenue of $250.5 million for Q4 2024, which was a 12% increase compared to the same quarter in the previous year. For the full year, Holley reported revenue of $952.3 million, representing a 10% growth year over year.
The net income for the quarter was reported at $35.8 million, a significant increase from the $22.5 million reported in the same quarter the previous year. The full-year net income was reported at $129.6 million, up from $107.2 million in 2023.
Business Highlights
The executives also shared some business highlights during the call. They mentioned that the company’s e-commerce business saw strong growth, with a 20% increase in sales compared to the previous year. They also noted that the company’s international business continued to expand, with sales outside of the US accounting for 25% of the total revenue in 2024.
Future Plans
Matt Stevenson, the President and CEO, shared some insights into the company’s future plans. He mentioned that Holley plans to invest in research and development to expand its product offerings and improve its technology. He also stated that the company will focus on expanding its international business and growing its e-commerce presence.
Impact on Individual Investors
The strong financial performance reported by Holley Inc. in its Q4 and full-year 2024 earnings call is likely to be positive news for individual investors. The significant increase in revenue and net income, coupled with the company’s plans for growth, could lead to an increase in the stock price. However, it’s important to note that investing always carries risk, and individual investors should conduct their own research and consider their own risk tolerance before making investment decisions.
Impact on the World
The strong financial performance of Holley Inc. is also likely to have a positive impact on the economy as a whole. The company’s growth in revenue and net income is a sign of a strong business environment and a healthy economy. Additionally, the company’s plans to invest in research and development and expand its international business could lead to new jobs and economic growth in those areas.
- Holley Inc. reported strong financial performance in Q4 and full-year 2024, with revenue of $250.5 million and $952.3 million, respectively.
- Net income for the quarter was $35.8 million, and $129.6 million for the full year.
- The company’s e-commerce business saw a 20% increase in sales, and international sales accounted for 25% of total revenue.
- Holley plans to invest in research and development and expand its international business and e-commerce presence.
- The strong financial performance is likely to be positive news for individual investors and could lead to an increase in the stock price.
- The company’s growth could lead to new jobs and economic growth in areas where it expands.
Conclusion
The Holley Inc. (HLLY) Q4 2024 earnings conference call provided investors with encouraging news about the company’s financial performance and future plans. With strong revenue and net income growth, a focus on expanding its business, and a commitment to research and development, Holley is well-positioned for continued success. The positive impact of the company’s growth on individual investors and the economy as a whole is an added bonus.
As always, it’s important for investors to conduct their own research and consider their own risk tolerance before making investment decisions. However, the strong financial performance reported by Holley Inc. is a positive sign for the business environment and the economy as a whole.
