Malibu Boats (MBUU) designs and manufactures high-performance powerboats for water skiing, wakeboarding, wake surfing, and general recreational boating. Its Malibu-branded boats are priced from $40,000 to $175,000, while its Axis-branded boats are priced from $45,000 to $95,000. The company’s boats are sold by approximately 110 independent dealers throughout North America and approximately 38 other countries. Malibu Boats was founded during November 2013 and went public during January 2014.