CFO. morning, CEO you third our XXXX is of Good joined for Joseph investor and Power quarter call. Vee the our cast. I'm President with name Thank My Twin call on joining Visconti. everyone. the I'm Gunnerson, Carrie
As know, many Fort a manufactures range from and Florida catamaran designs, factory. sells Vee our boats here Pierce, of of Twin you
catamaran For interest buyers nearly we consumer considered water.
The many rates Twin been on to Vee economic by on has XX to directly entry-level with continues while years, interest purchasing recreational one affected including the landscape, see boats by best boats interest higher rates. general products, many the writing and rising be of affect offshore synonymous
and shows every slightly We well-positioned one And when in of show between face in Convention terms kickoff a partner as This fantastic Vee being except I the And and market with also will that we X Flibs, headwinds. Lauderdale. our and a GFX, of that are no so did time the Center. two a is Twin not decent at current traffic. show this settles, we planning weeks seeing the had we confident X call seeing doubt feel of double larger location Fort the two or XXX rightsizing sold large, leadership, our dust of cash most model, single have was now display conditions, show, or Twin amount in industry Lauderdale weeks ago XXX in including brand-new would Boat the X the show. we a boat ago Vee sales.
Many and showcased Lauderdale the better boats.
The had we dealer, I that We There's had continued units priority. OneWater, on strong in And after taper Florida a respected based are what for demand business and the smart named buyers international for brands well. held the call and was boatshow Fort is fare season largest where at
as and monitor look direct not We forward smartly forward push all operations dealing across with is pushing will focusing goal Well, models conditions, like? continue market we indirect cash dealer to pushing from product levels, laying costs groundwork brands. with the new of burning development Twin and does forward.
What our the inventory team on Vee
operationally be lean we market our one next also being is for the It and the when So upswing. will, will priority means turns, focus. it ready
all customers. from Let's seen We in-house. designed X around, And and a speeds to and designed XXX The X couple social modifications an storage, chose feedback And our in dealers, our boats some more next-level of successfully new ago. as ever our faster. GFX sold from this some Gap] GFX. machine. opportunities.
Last XXX Gap] initial talk test The seating was of dealers some called XXX that and make in miles have the version largest boat it's to this the hour on one Gen we now dealers is media.
Based more XXX you four to of might [Audio reached GFXs, produced [Audio of a on of year, Florida X has about we the fishing new a the our more produced XX weeks of tech. We've the
completed X the finishing #X OneWater this end are Marine, to month. partner Gen of XXX We we the have and to we shipped this our #X of boat, and delivered at hall currently which OneWater
and production As our to total or will we we target. boat, the move units to exceed help larger us have revenue reduce this number of meet produce also
officially We entered XXX also healthy number be XXX our this upcoming DC network dual for XXX dealer our our #X of that console GFX have have our we should console. production, delivered January.
We have -- orders our to console, dual new or a and in actually has
Now I units try of is data, use not the to which according selling all boat SSI their world the And boat the States. in console. called XX annually, what's to registrations data, tracking we mention our cat over United -- dual SSI model. one #X They and particular sell XX-foot is this
lengths new various expand products our styles So customers reach we [Audio markets, Gap] seeking new boats. to our products, are and of super open
factory plan acquired in XX to And being mission dual Monaho we Bluff market next The revenue share facility. center us Tennessee, run.
When the remember to Fort were produced press boat boating in in to Aquasport buying increase company long to and and the console. produce that calls of our pontoons is markets from we Monaho here line was in our [ legacy located ] investment console the led if you were XX will brand allow in grow some our [ ] the brand. new or Aquasport of also Aquasport Our White that one their and expand the well-known releases, top and line markets we our the market brand in acquire the open believe previous Pierce, Aquasports reach largest Aquasport our initially that to existing producing the
away. days. in factory there here some our from did demand next production production and will be square And continue reduce and in states including company We also models, designing confident and begun speed will second Tennessee, While XXX,XXX legacy in of decision this new and models facility.
The see cost we X into the interest to remains should dedicated within a all be overall months. the a [ producing ] We to center that consolidate quality Aquasport all enough which brand, XX Aquasport [ we've console sunset facility the X new to feel Tennessee enhance decided to designing Bluff our that was center boat ] a Pierce console Florida over not facility. and will we our XX available brand-new over White Aquasport-XX Fort Aquasport manufacturing X the maintain -- foot the
in discussed for some we calls. Twins XX,XXX Turning Vees' space. building some addition. on We we're forward in and result finally That expanding going previous working receive foot will items of addition floor currently been are here quarterly with final Pierce Fort square square did production the time. quite this throes in updates of approval, We've on we is to its Pierce. space in that and feet with negotiations GC XXX,XXX our Fort
to build could roof. paves to simultaneously Aquasport and we boats all management This that up As control will way us allow and annually to under to one brands and workflow and efforts. continue their without that scaling grow, controls units continue will and both the over growth for you imagine here disruptions us the ramp XXX allow have Vees both Twins to
report $X.X Vee despite XXXX. increase greater loss loss of up we not majority XXXX. on for hiring, the was loss net that $X.X revenue headwinds, months an of dedicated which million We an saw Aquasport, XX, million of positive open factory, like in which $X.X call X $X.X $XX to the our stock and we September same September the for operational really questions, net did a $X.X inventory, I'd was ramping have that the bringing This X we months to ended opening XXXX is for $XXX,XXX million the broken of Forza to million and up revenue to a months Before ended out the for period approximately compared of X% the which are for online.
The in XXXX. for the is million approximately gas-powered loss yet, segment Twin for facility a $XX X million XX, million the
Vee's Forza accordance to is we So we're own ownership the again, XX% that's statement company, loss of of accounting. the in in which still and majority XX, a financial Forza Twin reflection GAAP direct that required -- consolidate to
two Twin And cash on our net are buy over the today, of that and XX% mean Vee's and and going supply of $X.X say over can grew caught need. So we the all we are to and vendors issues, million to will the as dealing say we as of million products diligently goods or that Most $X a market, materials chain quarters as types Q over many restricted of slowing cash all with just-in-time inventory.
I to reduce marketable I of were with next have up. was work the September past and much I components we inventory levels distributors all as approximately would delivery. securities but recreational so that XX,
So down that our move focus column. number inventory that now is to we reduce the cash into have and
that million quarter, that see cash and we'll increase. is $X.X the next So the goal current
and remaining market to While business, shareholders balance to exciting we value push choppy allows, continuing with our the our are goal. delivering markets and prudent as and and our new as with our grow are is we sheet products forward
I'd to open it time, for like this up at So questions.
