Camping World Holdings, Inc. Reports Record Results for both Fourth Quarter and Full Year 2021|||

LINCOLNSHIRE, IL–(Concern WIRE)–Camping Earth Holdings, Inc. (NYSE: CWH) (the “Company”), America’s Recreation Dealer, today reported results for the fourth quarter and full year ended December 31, 2021.

Marcus Lemonis, Chairman and CEO of Camping World Holdings, Inc. stated, “Since nosotros took the Visitor public at the finish of 2016, nosotros have almost doubled our annual acquirement to $half-dozen.ix billion and more than than tripled our annual cyberspace income and Adjusted EBITDA
(1)
to $642 million and $942 meg, respectively. It is our management team’s programme to continue positioning the Company for growth over the side by side 5 years. The long term trends along with our strong cash flow have us focused on three things: growing our concern, repurchasing our shares, and returning capital to our shareholders.”

Total Yr-over-Year Operating Highlights

  • Revenue was $6.ix billion, an increase of $1.five billion, or 26.9%.
  • Gross profit was $2.5 billion, an increase of $753.8 million, or 44.3%, and gross margin was 35.5%, an increment of 427 basis points.
  • Internet income was $642.1 million, an increase of $297.9 meg, or 86.5%. Net income margin was ix.3% for 2021 versus 6.iii% for 2020.
  • Diluted earnings per share of Class A common stock was $6.07 in 2021 versus $3.09 in 2020 and adjusted earnings per share – diluted(1)
    of Course A common stock was $6.88 in 2021 versus $3.66 in 2020.
  • Adapted EBITDA(1)
    was $942.1 meg, an increase of $377.one million, or 66.8%, and adjusted EBITDA margin(1)
    was 13.6% for 2021 versus 10.4% for 2020.
  • Vehicle inventories were $i.5 billion, an increment of $645.8 one thousand thousand: new vehicle inventories were $1.1 billion, an increase of $417.viii million, and used vehicle inventories were $406.4 million, an increase of $228.i million.
  • On June 3, 2021, we refinanced our senior secured credit facilities, reducing our outstanding main by $38.6 meg, extending the term to 2028, and lowering the applicable margin rate by 25 bps. On December 20, 2021, we entered into an amendment to the new senior secured credit facilities to increase the principal corporeality of the new term loan facility past $300.0 million.
  • On September 30, 2021, we entered into an Eighth Amended and Restated Credit Agreement governing our floor plan facility which allows u.s. to borrow $ane.70 billion of flooring plan notes payable with up to $seventy.0 one thousand thousand under the revolving line of credit, and extended the term to 2026.
  • During 2021, we opened xvi locations, which included twelve RV dealerships acquired in 2021, 3 RV dealerships acquired in 2020, and one greenfield location. We currently have operating dealerships, agreements to acquire land or existing RV dealerships, or accept dealerships under construction in 46 of the 48 contiguous states.
  • During the year, we increased our regular quarterly dividend to holders of our Class A common stock from $0.23 per share to $0.l per share, or from $0.92 per share to $2.00 per share on an annualized basis. On February 18, 2022, the Company’s Board of Directors authorized a twenty-five percentage increment to our regular quarterly dividend from $0.50 per share to $0.625 per share, or from $2.00 per share to $2.50 per share on an annualized basis.

Fourth Quarter-over-Quarter Operating Highlights

  • Acquirement was a fourth quarter record of $1.4 billion, an increase of $243.8 million, or 21.5%.
  • Gross profit was $484.6 million, an increment of $106.6 million, or 28.two%, and gross margin was 35.2%, an increase of 184 ground points.
  • Cyberspace income was $59.3 one thousand thousand, an increment of $18.nine million, or 46.nine%. Cyberspace income margin was 4.3% for the quaternary quarter of 2021 versus 3.6% for the fourth quarter of 2020.
  • Diluted earnings per share of Class A mutual stock was $0.54 for the fourth quarter of 2021 versus $0.34 for the quaternary quarter of 2020 and adjusted earnings per share – diluted(1)
    of Class A common stock was $0.90 for the fourth quarter of 2021 and $0.48 for the fourth quarter of 2020.
  • Adjusted EBITDA(ane)
    was $131.5 million, an increase of $40.3 million, or 44.two%, and adapted EBITDA margin(1)
    was 9.v% for the quaternary quarter of 2021 versus eight.0% for the fourth quarter of 2020.

________________________

(1)
Adapted earnings per share – diluted, adapted EBITDA, and adjusted EBITDA Margin are not-GAAP measures. For a reconciliation of these non-GAAP measures to the most directly comparable GAAP measures, see the “Non-GAAP Fiscal Measures” section afterward in this press release.

Stock Repurchase Plan

During the three months and the year ended December 31, 2021, the Company repurchased 1,779,416 and 3,988,881 shares of Course A mutual stock under this plan, respectively, for approximately $69.4 million and $156.3 million, including commissions paid, at a weighted average price per share of $39.02 and $39.17, respectively, which is recorded equally treasury stock on the consolidated balance sheets. Equally of December 31, 2021, the remaining approved corporeality for repurchases of Class A common stock nether the share repurchase program was approximately $47.2 1000000.

On January 20, 2022, the Company’due south Board of Directors authorized an increment to the Visitor’s stock repurchase program to allow for the repurchase of an boosted $152.vii 1000000 of the Company’s Class A common stock and extended the expiration date of the program to Dec 31, 2025. Following this increase in say-so, approximately $200 million remained available for futurity repurchases.

Earnings Conference Call and Webcast Information

A conference call to discuss the Company’s quaternary quarter and fiscal year 2021 financial results is scheduled for February 23, 2022, at 7:xxx am Central Time. Investors and analysts can participate on the conference phone call past dialing (866) 239-9838 or (323) 794-2551 and using briefing ID# 2143907. Interested parties can as well listen to a live webcast or replay of the conference call by logging on to the Investor Relations section on the Visitor’due south website at http://investor.campingworld.com. The replay of the conference telephone call webcast will be bachelor on the investor relations website for approximately xc days.

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Presentation

This printing release presents historical results for the periods presented for the Company and its subsidiaries, which are presented in accordance with accounting principles generally accepted in the U.s.a. (“GAAP”), unless noted as a not-GAAP fiscal mensurate. The Company’s initial public offering (“IPO”) and related reorganization transactions (“Reorganization Transactions”) that occurred on October 6, 2016 resulted in the Visitor as the sole managing member of CWGS Enterprises, LLC (“CWGS, LLC”), with sole voting power in and control of the direction of CWGS, LLC. Despite its position as sole managing member of CWGS, LLC, the Visitor had a minority economic interest in CWGS, LLC through March 11, 2021. Every bit of December 31, 2021, the Visitor owned 51.two% of CWGS, LLC. Accordingly, the Company consolidates the fiscal results of CWGS, LLC and reports a non-decision-making interest in its consolidated financial statements.

Most Camping World Holdings, Inc.

Camping World Holdings, Inc., headquartered in Lincolnshire, IL, (together with its subsidiaries) is America’s largest retailer of RVs and related products and services. Our vision is to build a long-term legacy business that makes RVing fun and like shooting fish in a barrel, and our Camping ground Globe and Good Sam brands have been serving RV consumers since 1966. We strive to build long-term value for our customers, employees, and shareholders by combining a unique and comprehensive assortment of RV products and services with a national network of RV dealerships, service centers and customer support centers along with the industry’s most extensive online presence and a highly-trained and knowledgeable team of associates serving our customers, the RV lifestyle, and the communities in which we operate. Nosotros likewise believe that our Good Sam organization and family of programs and services uniquely enables us to connect with our customers as stewards of the RV enthusiast community and the RV lifestyle. With over 185 locations in xl states, Camping World has grown to become prime number destinations for everything RV.

For more than information, please visit www.CampingWorld.com.

Forward-Looking Statements

This press release contains forward-looking statements inside the pregnant of the Individual Securities Litigation Reform Act of 1995. All statements contained in this press release that do not chronicle to matters of historical fact should exist considered forrard-looking statements, including, without limitation, statements about our business plans and goals, including statements regarding the strength of our business, our long-term plan, potential stock repurchases, hereafter dividend payments and our future financial results. These forward-looking statements are based on direction’s current expectations.

These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the frontwards-looking statements, including, but not limited to, the following: the COVID-19 pandemic, which has had, and could have in the future, sure negative impacts on our business; risks related to the cybersecurity incident appear in February 2022; our power to execute and achieve the expected benefits of our 2019 Strategic Shift; the availability of financing to united states and our customers; fuel shortages or high prices for fuel; the success of our manufacturers; full general economic atmospheric condition in our markets; changes in consumer preferences; competition in our manufacture; risks related to acquisitions and expansion into new markets; our failure to maintain the force and value of our brands; our power to manage our inventory; fluctuations in our same store sales; the cyclical and seasonal nature of our business organization; our dependence on the availability of acceptable uppercase and risks related to our debt; our reliance on vi fulfillment and distribution centers; natural disasters, including epidemic outbreaks; risks associated with selling goods manufactured abroad; our dependence on our relationships with third party suppliers and lending institutions; our ability to retain senior executives and concenter and retain other qualified employees; risks associated with leasing substantial amounts of space; regulatory risks; data privacy and cybersecurity risks; risks related to our intellectual property; the affect of ongoing or futurity lawsuits confronting u.s.a. and sure of our officers and directors; and risks related to our organizational structure.

These and other important factors discussed under the caption “Risk Factors” in our Almanac Report on Grade x-K to be filed for the year ended Dec 31, 2021 and our other reports filed with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements fabricated in this printing release. Any such forward-looking statements stand for management’due south estimates as of the date of this printing release. While we may elect to update such forward-looking statements at some betoken in the future, we disclaim any obligation to practise so, even if subsequent events cause our views to modify, except as required nether applicative law. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.

In addition, this press release references projected annualized dividend payments. Future declarations of quarterly dividends are subject area to the determination and discretion of the Company’s Board of Directors based on its consideration of various factors, including the Company’s results of operations, financial condition, level of indebtedness, anticipated capital requirements, contractual restrictions, restrictions in its debt agreements, restrictions under applicative law, receipt of backlog tax distributions from CWGS Enterprises, LLC, its business prospects and other factors that Camping ground World’s Board of Directors may deem relevant.

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We intend to use our official Facebook, Twitter, and Instagram accounts, each at the handle @CampingWorld, equally a distribution aqueduct of cloth information virtually the Company and for complying with our disclosure obligations nether Regulation FD. The information we mail service through these social media channels may be deemed material. Appropriately, investors should subscribe to these accounts, in addition to post-obit our press releases, SEC filings, public conference calls and webcasts. These social media channels may be updated from fourth dimension to time.

Camping World Holdings, Inc. and Subsidiaries
Consolidated Statements of Operations (unaudited)
(In Thousands Except Per Share Amounts)

Three Months Ended

Year Ended

December 31,

Dec 31,

2021

2020

2021

2020

Revenue:
Good Sam Services and Plans $

46,368

$

43,309

$

180,722

$

180,977

RV and Outdoor Retail
New vehicles

554,397

520,231

3,299,454

2,823,311

Used vehicles

412,273

204,627

1,686,217

984,853

Products, service and other

238,236

268,473

1,100,942

948,890

Finance and insurance, cyberspace

114,757

85,708

598,475

464,261

Good Sam Gild

11,561

xi,472

47,944

44,299

Subtotal

ane,331,224

1,090,511

half-dozen,733,032

5,265,614

Total revenue

i,377,592

ane,133,820

6,913,754

five,446,591

Costs applicable to acquirement (exclusive of depreciation and amortization shown separately below):
Good Sam Services and Plans

19,636

17,245

72,877

72,938

RV and Outdoor Retail
New vehicles

409,272

411,350

2,423,478

2,320,537

Used vehicles

312,920

155,374

1,247,794

751,029

Products, service and other

149,532

169,440

706,074

590,716

Good Sam Gild

one,617

2,382

vii,203

eight,892

Subtotal

873,341

738,546

4,384,549

3,671,174

Full costs applicative to acquirement

892,977

755,791

four,457,426

3,744,112

Gross profit:
Skilful Sam Social club services and plans

26,732

26,064

107,845

108,039

RV and Outdoor Retail
New vehicles

145,125

108,881

875,976

502,774

Used vehicles

99,353

49,253

438,423

233,824

Products, service and other

88,704

99,033

394,868

358,174

Finance and insurance, net

114,757

85,708

598,475

464,261

Proficient Sam Order

nine,944

9,090

xl,741

35,407

Subtotal

457,883

351,965

ii,348,483

1,594,440

Total gross profit

484,615

378,029

2,456,328

i,702,479

Operating expenses:
Selling, general, and administrative

379,941

293,834

1,573,609

1,156,071

Debt restructure expense

iii,023

12,078

Depreciation and amortization

17,121

xiii,032

66,418

51,981

Long-lived asset impairment

ane,646

1,406

3,044

12,353

Lease termination

126

2,590

two,211

4,547

(Proceeds) loss on sales or disposal of assets

(583

)

670

(576

)

ane,332

Total operating expenses

401,274

311,532

i,656,784

i,226,284

Income from operations

83,341

66,497

799,544

476,195

Other expense:
Floor plan interest expense

(four,222

)

(2,972

)

(xiv,108

)

(nineteen,689

)

Other interest expense, net

(xi,650

)

(12,588

)

(46,912

)

(54,689

)

Loss on debt restructure

(ane,390

)

Taxation Receivable Agreement liability adjustment

707

141

(ii,813

)

141

Other expense, internet

(45

)

(122

)

Total other expense

(15,210

)

(fifteen,419

)

(65,345

)

(74,237

)

Income before income taxes

68,131

51,078

734,199

401,958

Income tax expense

(eight,865

)

(10,740

)

(92,124

)

(57,743

)

Internet income

59,266

40,338

642,075

344,215

Less: net income attributable to non-controlling interests

(32,018

)

(25,960

)

(363,614

)

(221,870

)

Net income attributable to Camping Earth Holdings, Inc. $

27,248

$

fourteen,378

$

278,461

$

122,345

Earnings per share of Form A common stock:
Bones $

0.61

$

0.34

$

6.19

$

3.11

Diluted $

0.54

$

0.34

$

half dozen.07

$

3.09

Weighted average shares of Course A common stock outstanding:
Basic

44,820

42,444

45,009

39,383

Diluted

88,566

43,233

89,762

twoscore,009

Camping World Holdings, Inc.
Supplemental Information

Three Months Concluded December 31,

Increase

Percent

2021

2020

(decrease)

Alter

Unit sales
New vehicles

11,415

13,274

(1,859

)

(14.0

%)

Used vehicles

ten,669

6,930

iii,739

54.0

%

Total

22,084

twenty,204

1,880

9.3

%

Average selling price
New vehicles $

48,567

$

39,192

$

9,376

23.9

%

Used vehicles $

38,642

$

29,528

$

9,114

xxx.9

%

Same store unit sales(i)
New vehicles

10,181

12,845

(2,664

)

(20.vii

%)

Used vehicles

nine,511

6,796

2,715

39.9

%

Total

nineteen,692

19,641

51

0.3

%

Aforementioned store revenue(ane)
($ in 000’south)
New vehicles $

496,222

$

504,592

$

(8,370

)

(1.seven

%)

Used vehicles

370,672

200,874

169,798

84.five

%

Products, service and other

136,515

168,702

(32,187

)

(19.i

%)

Finance and insurance, cyberspace

102,557

83,537

nineteen,020

22.8

%

Total $

i,105,966

$

957,705

$

148,261

fifteen.5

%

Average gross turn a profit per unit
New vehicles $

12,714

$

8,203

$

four,511

55.0

%

Used vehicles $

9,312

$

7,107

$

2,205

31.0

%

Finance and insurance, net per vehicle unit $

5,196

$

4,242

$

954

22.v

%

Total vehicle front-stop yield(two) $

16,267

$

12,069

$

4,198

34.8

%

Gross margin
Good Sam Services and Plans

57.7

%

threescore.2

%

(253

)

bps
New vehicles

26.2

%

20.9

%

525

bps
Used vehicles

24.1

%

24.i

%

3

bps
Products, service and other

37.2

%

36.9

%

35

bps
Finance and insurance, internet

100.0

%

100.0

%

unch. bps
Skilful Sam Club

86.0

%

79.2

%

678

bps
Subtotal RV and Outdoor Retail

34.four

%

32.3

%

212

bps
Total gross margin

35.ii

%

33.3

%

184

bps
Inventories ($ in 000’s)
New vehicles $

one,108,836

$

691,114

$

417,722

60.four

%

Used vehicles

406,398

178,336

228,062

127.9

%

Products, parts, accessories and misc.

278,148

266,786

eleven,362

4.3

%

Total RV and Outdoor Retail inventories $

1,793,382

$

1,136,236

$

657,146

57.8

%

Vehicle inventory per location ($ in 000’due south)
New vehicle inventory per dealer location $

half-dozen,336

$

4,319

$

two,017

46.7

%

Used vehicle inventory per dealer location $

2,322

ane,115

$

1,208

108.4

%

Vehicle inventory turnover(iii)
New vehicle inventory turnover

three.0

three.1

(0.0

)

(1.five

%)

Used vehicle inventory turnover

4.0

5.two

(ane.ii

)

(22.seven

%)

Retail locations
RV dealerships

175

160

15

9.iv

%

RV service & retail centers

10

10

0.0

%

Subtotal

185

170

fifteen

eight.eight

%

Other retail stores

2

1

ane

100.0

%

Full

187

171

16

nine.4

%

Other data
Active Customers(four)

five,452,287

5,314,104

138,183

ii.6

%

Good Sam Club members

ii,124,284

two,088,064

36,220

one.7

%

Service trophy
(5)

2,575

ii,291

284

12.4

%

Finance and insurance gross profit every bit a % of total vehicle acquirement

11.nine

%

xi.8

%

5

bps

n/a

Aforementioned store locations

158

north/a

n/a

n/a

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Twelvemonth Concluded December 31,

Increment Percent

2021

2020

(decrease) Modify
Unit of measurement sales
New vehicles

77,777

77,827

(50

)

(0.1

%)

Used vehicles

48,938

37,760

11,178

29.half-dozen

%

Total

126,715

115,587

11,128

nine.6

%

Average selling price
New vehicles $

42,422

$

36,277

$

6,145

sixteen.ix

%

Used vehicles $

34,456

$

26,082

$

viii,374

32.1

%

Same store unit sales(1)
New vehicles

seventy,053

76,365

(6,312

)

(8.iii

%)

Used vehicles

44,466

37,161

seven,305

19.seven

%

Total

114,519

113,526

993

0.nine

%

Same store revenue(1)
($ in 000’s)
New vehicles $

two,984,049

$

2,771,177

$

212,872

7.7

%

Used vehicles

one,543,936

969,033

574,903

59.iii

%

Products, service and other

716,629

673,316

43,313

6.4

%

Finance and insurance, net

543,985

456,933

87,052

19.1

%

Total $

5,788,599

$

iv,870,459

$

918,140

xviii.9

%

Boilerplate gross profit per unit
New vehicles $

11,263

$

half dozen,460

$

4,803

74.3

%

Used vehicles

8,959

6,192

2,766

44.7

%

Finance and insurance, net per vehicle unit

iv,723

4,017

706

17.6

%

Total vehicle front-stop yield(2)

15,096

10,389

4,707

45.three

%

Gross margin
Adept Sam Services and Plans

59.7

%

59.7

%

(2

)

bps
New vehicles

26.v

%

17.8

%

874

bps
Used vehicles

26.0

%

23.7

%

226

bps
Products, service and other

35.9

%

37.7

%

(188

)

bps
Finance and insurance, cyberspace

100.0

%

100.0

%

unch. bps
Skillful Sam Club

85.0

%

79.9

%

505

bps
Subtotal RV and Outdoor Retail

34.ix

%

30.3

%

460

bps
Total gross margin

35.5

%

31.three

%

427

bps
Inventories ($ in 000’s)
New vehicles $

1,108,836

$

691,114

$

417,722

threescore.4

%

Used vehicles

406,398

178,336

228,062

127.9

%

Products, parts, accessories and misc.

278,148

266,786

11,362

iv.3

%

Total RV and Outdoor Retail inventories $

1,793,382

$

1,136,236

$

657,146

57.eight

%

Vehicle inventory per location ($ in 000’s)
New vehicle inventory per dealer location $

half-dozen,336

$

4,319

$

2,017

46.7

%

Used vehicle inventory per dealer location

2,322

1,115

1,208

108.4

%

Vehicle inventory turnover(3)
New vehicle inventory turnover

3.0

3.one

(0.0

)

(1.5

%)

Used vehicle inventory turnover

4.0

5.ii

(1.2

)

(22.7

%)

Retail locations
RV dealerships

175

160

15

ix.4

%

RV service & retail centers

ten

ten

0.0

%

Subtotal

185

170

15

viii.8

%

Other retail stores

2

1

1

100.0

%

Total

187

171

sixteen

ix.four

%

Other data
Active Customers(four)

5,452,287

v,314,104

138,183

2.half dozen

%

Expert Sam Club members

2,124,284

2,088,064

36,220

1.vii

%

Service trophy
(5)

two,575

2,291

284

12.four

%

Finance and insurance gross profit as a % of total vehicle acquirement

12.0

%

12.2

%

(19

)

bps

due north/a

Same store locations

158

n/a

due north/a

northward/a

(1)
Our same store acquirement and units calculations for a given menstruum include only those stores that were open both at the end of the respective period and at the commencement of the preceding fiscal year.

(2)
Front terminate yield is calculated as gross profit from new vehicles, used vehicles and finance and insurance (internet), divided by combined new and used retail units sold.

(3)
Inventory turnover calculated as vehicle costs applicable to revenue over the last twelve months divided by average quarterly ending vehicle inventory over the final twelve months.

(4)
An Active Client is a customer who has transacted with united states in whatsoever of the eight most recently completed fiscal quarters prior to the date of measurement.

(five)
A service bay is a fully constructed bay defended to service, installation, and collision offerings.

Camping Globe Holdings, Inc. and Subsidiaries
Consolidated Balance Sheets (unaudited)
($ in Thousands Except Per Share Amounts)

December 31,

December 31,

2021

2020

Avails
Current assets:
Cash and cash equivalents $

267,332

$

166,072

Contracts in transit

57,741

48,175

Accounts receivable, internet

101,644

83,422

Inventories

1,792,865

1,136,345

Prepaid expenses and other assets

64,295

60,211

Full current assets

two,283,877

ane,494,225

Property and equipment, net

599,324

367,898

Operating charter avails

750,876

769,487

Deferred tax assets, net

199,321

165,708

Intangible assets, net

xxx,970

xxx,122

Goodwill

483,634

413,123

Other assets

24,927

15,868

Full assets $

4,372,929

$

3,256,431

Liabilities and stockholders’ equity (arrears)
Current liabilities:
Accounts payable $

136,757

$

148,462

Accrued liabilities

189,595

137,688

Deferred revenues

95,467

88,213

Current portion of operating lease liabilities

62,217

62,405

Current portion of finance lease liabilities

4,964

2,240

Current portion of Tax Receivable Understanding liability

11,322

8,089

Current portion of long-term debt

15,822

12,174

Notes payable – flooring program, cyberspace

one,011,345

522,455

Other electric current liabilities

70,834

53,795

Total current liabilities

1,598,323

1,035,521

Operating lease liabilities, net of electric current portion

774,889

804,555

Finance charter liabilities, net of current portion

74,752

27,742

Tax Receivable Agreement liability, net of electric current portion

171,073

137,845

Revolving line of credit

xx,885

20,885

Long-term debt, internet of current portion

ane,377,751

1,122,675

Deferred revenues

69,024

61,519

Other long-term liabilities

52,338

54,920

Full liabilities

4,139,035

3,265,662

Commitments and contingencies
Stockholders’ equity (deficit):
Preferred stock, par value $0.01 per share – 20,000,000 shares authorized; none issued and outstanding equally of December 31, 2021 and 2020

Class A common stock, par value $0.01 per share – 250,000,000 shares authorized; 47,805,259 issued and 44,130,956 outstanding as of Dec 31, 2021 and 43,083,008 issued and 42,226,389 outstanding as of December 31, 2020

475

428

Class B common stock, par value $0.0001 per share – 75,000,000 shares authorized; 69,066,445 issued every bit of December 31, 2021 and 2020; and 41,466,964 and 45,999,132 outstanding as of December 31, 2021 and 2020

4

5

Class C common stock, par value $0.0001 per share – one share authorized, issued and outstanding as of December 31, 2021 and 2020

Additional paid-in capital

98,113

63,342

Treasury stock, at price; 3,390,131 and 572,447 shares as of December 31, 2021 and 2020

(130,006

)

(fifteen,187

)

Retained earnings (deficit)

189,471

(21,814

)

Full stockholders’ disinterestedness attributable to Camping ground World Holdings, Inc.

158,057

26,774

Non-decision-making interests

75,837

(36,005

)

Full stockholders’ disinterestedness (deficit)

233,894

(9,231

)

Full liabilities and stockholders’ equity (deficit) $

iv,372,929

$

iii,256,431

Contacts

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Source: https://www.dailyhostnews.com/camping-world-holdings-inc-reports-record-results-for-both-fourth-quarter-and-full-year-2021