Holley Inc (N:HLLY)
Business Focus: Auto, Truck & Motorcycle Parts
| Sector: Consumer Cyclicals | Industry: Auto, Truck & Motorcycle Parts |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1801 Russellville Road BOWLING GREEN KY 42101 |
| Tel: | N/A |
| Website: | https://www.empowermidocean.com |
| IR: | See website |
| Key People | ||
| Matthew Evan Rubel Executive Chairman of the Board | Matthew J. Stevenson President, Chief Executive Officer, Director | Jesse Weaver Chief Financial Officer |
| Brian Appelgate Interim Chief Operating Officer | Carly Kennedy Executive Vice President, General Counsel, Corporate Secretary | |
| Business Overview |
| Holley, Inc. is a designer, marketer, and manufacturer of automotive aftermarket products for car and truck enthusiasts primarily in the United States, Canada and Europe. The Company's products span a number of automotive platforms and are sold across multiple channels. It manufactures a diversified line of performance automotive products, including carburetors, fuel pumps, fuel injection systems, nitrous oxide injection systems, superchargers, exhaust headers, mufflers, distributors, ignition components, engine tuners and automotive performance plumbing products. Its portfolio consists of over 70 brands spanning across over 30 product categories. Its brands include Holley EFI, Holley, MSD, Simpson, Powerteq, Accel and Flowmaster, among others. Its Holley EFI brand focuses on electronic fuel injection technology and showcases its new product development engine. Simpson brand is focused on motorsport safety products including helmets, head and neck restraints, seat belts and fire suits. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Holley Inc revenues decreased 4% to $659.7M. Net income decreased 74% to $19.2M. Revenues reflect Safety segment decrease of 14% to $56.2M, Accessories segment decrease of 9% to $98.9M, United States segment decrease of 4% to $644.7M, Italy segment decrease of 22% to $15.1M. Net income also reflects Fair Value Adjustments on Other As decrease from $57M (income) to $2.3M (expense). |
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