Holley Inc. Files 2024 10-K with $2.03B Assets
Ticker: HLLY-WT · Form: 10-K · Filed: Mar 14, 2025 · CIK: 1822928
| Field | Detail |
|---|---|
| Company | Holley INC. (HLLY-WT) |
| Form Type | 10-K |
| Filed Date | Mar 14, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, financials, automotive-parts
TL;DR
Holley Inc. 2024 10-K is in: $2.03B assets, $1.58B liabilities. All good.
AI Summary
Holley Inc. filed its 2024 10-K on March 14, 2025, reporting on its fiscal year ending December 31, 2024. The company, formerly Empower Ltd., is based in Bowling Green, KY. Key financial figures from the filing include total assets of $2,026 million and total liabilities of $1,577 million. The filing also details various financial metrics and operational aspects for the reporting period.
Why It Matters
This 10-K filing provides a comprehensive overview of Holley Inc.'s financial health and operational performance for the fiscal year 2024, crucial for investors and stakeholders to assess the company's stability and future prospects.
Risk Assessment
Risk Level: medium — The filing contains detailed financial information, including liabilities and operational costs, which require careful analysis to fully understand the company's risk profile.
Key Numbers
- $2,026M — Total Assets (Represents the total value of assets owned by Holley Inc. as of December 31, 2024.)
- $1,577M — Total Liabilities (Represents the total amount of debt and other obligations owed by Holley Inc. as of December 31, 2024.)
- 550,000,000 — Common Stock (Number of shares of common stock authorized.)
- 118,748,697 — Common Shares Outstanding (Number of common shares outstanding as of the reporting date.)
- 117,707,280 — Weighted Average Common Shares Outstanding (Weighted average number of common shares outstanding during the fiscal year.)
Key Players & Entities
- Holley Inc. (company) — Filer of the 10-K
- Empower Ltd. (company) — Former name of Holley Inc.
- 20250314 (date) — Filing date of the 10-K
- 20241231 (date) — Fiscal year end date
- 2124971400 (phone_number) — Business phone number
- $2,026 (dollar_amount) — Total assets
- $1,577 (dollar_amount) — Total liabilities
FAQ
What was Holley Inc.'s revenue for the fiscal year ending December 31, 2024?
The provided excerpt does not explicitly state the total revenue for the fiscal year ending December 31, 2024. It focuses on balance sheet items and other financial metrics.
What is the company's primary business segment?
The Standard Industrial Classification (SIC) code provided is 3714, which corresponds to MOTOR VEHICLE PARTS & ACCESSORIES, indicating the company's primary business area.
What is the company's principal executive office address?
The principal executive office is located at 2445 NASHVILLE ROAD, SUITE B1, BOWLING GREEN, KY 42101.
When did the company change its name from Empower Ltd.?
The date of the name change from Empower Ltd. to Holley Inc. was August 28, 2020.
What are the details regarding the restructuring of operations mentioned in the filing?
The filing mentions 'costs incurred as part of the restructuring of operations' under item 1, but specific details about the nature or financial impact of this restructuring are not provided in this excerpt.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 14, 2025 regarding Holley Inc. (HLLY-WT).