Income (loss) per Class A common stock - basic and diluted of $0.20, up $0.46 Net income of $15.5 million, up $42.7 million or 157.2% Net sales of $329.5 million, up $9.1 million or 2.8% Nine Months Ended 2023 Highlights Compared to Nine Months Ended 2022 Income (loss) per Class A common stock - basic and diluted of $0.07Īdjusted net income (1) of $15.2 million, up $7.6 million or 100.7%Īdjusted EBITDA (1) of $15.0 million, up $3.7 million or 33.0%Īdjusted EPS (1) of $0.28 per diluted share, up $0.13 Net income of $3.1 million, up $7.1 million or 176.7% Net sales of $110.3 million, up $8.2 million or 8.0% Third Quarter 2023 Highlights Compared to Third Quarter 2022 DTC ("Solo Brands" or "the Company") today announced its financial results for the three and nine month periods ended September 30, 2023. Once set you have a seaworthy craft ready to paddle any wave.Solo Brands, Inc. You can hike (and maybe even bike) with this kayak on your back. Or check out Oru for travel, be it on an airline, train, or overland by your own power. You can stuff this boat in the trunk of a car, too. That includes people who live in apartments or journey in an RV. Look to buy this boat if you need to save space. It looks like a bouldering pad for rock climbing but the boat can be hiked with or carried through an airport with ease. It fits easily into an Oru Pack (sold separately), which has padded shoulder straps, a hip belt, handles, a large zipper, and compression straps for additional gear.Īt about 25 pounds, the load is manageable but wide and a bit awkward. You don’t want to pack up a kayak covered with grit and debris. Important: Take the boat apart on grass or dry, non-sandy land. Make sure to let it dry out all the way there are creases and folds where water can collect. Taking Oru Apartĭisassembly is a bit more intuitive, as you simply retrace your steps from assembly. It’s rated for paddlers up to 6’3’’ and has a max weight bearing of 300 pounds. But inside I never found a drop.Ī note on sizing: The cockpit isn’t super spacious taller people may find their knees bowing out against the edge of the cockpit rim. A semi-translucent hull filled with folds gives the illusion that water could seep in. The cockpit is tight, and the seat is comfortable enough. It’s stable and tracks straight but is nimble enough to lean and brace. The kayak is responsive and fast, its light weight and sharp keel letting me paddle up to full speed in seconds. Offshore, the Oru has the feel of a “real boat” - because it is one. Review: Pakayak Bluefin 14 'Nesting' KayakĪfter a full day of paddling the Pakayak Bluefin 14, our reviewer notes the versatility and functionality of the packable 'nesting' kayak, currently available on Kickstarter. The setup is easy to carry around, pack away in a closet or car trunk, and most airlines will have no trouble transporting the kayak as luggage. It comes packed in a cuboid ready to be mounted in a pack. Some Assembly RequiredĪssembly of the boat was frustrating at first. Note this is not a whitewater boat: The material is not made for rock bashing in rapids, and the design is built for tracking straight on open water. I cut through waves, glided, swooped into currents, and treated the Bay like the sea kayak that it is. The end product is indeed a melding of those two, and on the water I was impressed with its performance. The company notes its boats were inspired by traditional Greenland kayaks as well as Japanese origami techniques. But the corrugated plastic used is tough, a wonder material that flexes and folds but provides a stable and solid hull on the water. The price may seem high for a plastic boat. It is made in the USA and weighs about 25 pounds, which is light for a boat of its dimension. I reviewed the Bay model, a $1,275 boat in the middle of the line. They come in 12- and 16-foot lengths, most with skirt-compatibility to seal a paddler in before heading offshore. sells five models, each equipped with the rigging, seats, bulkheads, and cockpits you’d expect on a traditional boat. Its pack-up kayaks employed a light and translucent material that gave travelers and urban-dwellers a new option to store and transport a full-size watercraft with ease. In 2013, a San Francisco startup brought a new concept to the boating world. Undo the package, crease the material at its flex points, and fasten the straps. The sheet of plastic is scored and notched, an intricate pattern that folds tight and packs up box-shape to fit in a backpack.
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