ONEW · Nasdaq
It filed on time and stood behind its numbers. Of companies scoring zero, 4.0% were delisted, went bankrupt, restated or stopped filing within the following year.
Hover or tap a dot to see the filings behind that score.
OneWater Marine, Inc. (the “Company”) is filing this Notification of Late Filing on Form 12b-25 with respect to its Annual Report on Form 10-K for the year ended September 30, 2022 (the “Form 10-K”). The Company has determined it is unable to file its Form 10-K within the prescribed time period provided by the applicable rules of the Securities and Exchange Commission without unreasonable effort and expense. The principal reason for the delay is the Company’s inability to complete its assessment of the effectiveness of its internal controls over financial reporting as of September 30, 2022. The Company utilizes a third-party cloud-based dealership management system, provided by CDK Global, to execute certain key business processes, including all transactions for the Company’s Dealership segment. The Company relies on CDK Global to provide a Service Organization Control (“SOC”) 1 report in accordance with the AICPA Attestation Standards, AT-C Section 320- Reporting on an Examination of Controls at a Service Organization Relevant to User Entities’ Internal Control Over Financial Reporting, addressing the suitability of the design and operating effectiveness of controls relating to the cloud-based system and infrastructure activities performed by CDK Global on the Company’s behalf. CDK Global has provided such reports in a timely manner in the past and the Company utilizes these reports to, among other things, assess the effectiveness of its internal control over financial reporting. CDK Global did not provide to the Company, in a timely manner, an attestation report addressing the period between the SOC 1 report of September 30, 2021, and the end of the Company’s fiscal year of September 30, 2022
NT 10-K, filed 2022-12-15 · material weakness
OneWater Marine, Inc. (the “Company”) is filing this Notification of Late Filing on Form 12b-25 with respect to its Annual Report on Form 10-K for the year ended September 30, 2022 (the “Form 10-K”). The Company has determined it is unable to file its Form 10-K within the prescribed time period provided by the applicable rules of the Securities and Exchange Commission without unreasonable effort and expense. The principal reason for the delay is the Company’s inability to complete its assessment of the effectiveness of its internal controls over financial reporting as of September 30, 2022. The Company utilizes a third-party cloud-based dealership management system, provided by CDK Global, to execute certain key business processes, including all transactions for the Company’s Dealership segment. The Company relies on CDK Global to provide a Service Organization Control (“SOC”) 1 report in accordance with the AICPA Attestation Standards, AT-C Section 320- Reporting on an Examination of Controls at a Service Organization Relevant to User Entities’ Internal Control Over Financial Reporting, addressing the suitability of the design and operating effectiveness of controls relating to the cloud-based system and infrastructure activities performed by CDK Global on the Company’s behalf. CDK Global has provided such reports in a timely manner in the past and the Company utilizes these reports to, among other things, assess the effectiveness of its internal control over financial reporting. CDK Global did not provide to the Company, in a timely manner, an attestation report addressing the period between the SOC 1 report of September 30, 2021, and the end of the Company’s fiscal year of September 30, 2022
OneWater Marine Inc.’s (the “Company”) status as an emerging growth company ended on September 30, 2021, and as a result, the Company is required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act at September 30, 2021. The Company needs additional time to complete its year-end closing and financial reporting process and complete the assessment of the effectiveness of its internal control over financial reporting. As such, the Company is unable to file its Annual Report on Form 10-K within the prescribed time period as the assessment process is still ongoing, which delay could not be eliminated by the Company without unreasonable effort and expense. The Company does not expect to report any material changes to its financial results previously reported in its fourth quarter and full year 2021 earnings release. The Company anticipates filing its 10-K within the prescribed 15-day extension
reportingrisk.com scores every active US filer on three things a company tells the SEC about itself: late-filing notices on Form NT, 8-K item 4.02 (past accounts declared unreliable) and 4.01 (auditor changes). 1,012 are flagged today.
Every score is frozen and checked twelve months later. Across 91,452 of them, a company scoring 4 or more ended that year delisted, bankrupt, restated or silent 17.2% of the time, against 4.0% for a clean record. Scores before 2026-09-27 were reconstructed from the filing history as it stood at each date, so the record is a backtest rather than years of live calls.
See the ledger → Every company the score flagged that later failed, what it told the SEC on the way down, and the ones it missed.Every item above is a filing this company
made with the SEC.
Snapshot 2026-11-04 · data from SEC EDGAR (public domain) · not
investment advice