Malibu Boats, Inc. Class A Common Stock, also called Malibu Boats, is a holding company, which engages in the design, manufacture, and marketing of recreational powerboats, including performance sport boats, sterndrive, and outboard boats under the Malibu, Axis, and Cobalt brands. Read More It operates through the following segments: Malibu US, Malibu Australia, and Cobalt. The Malibu US segment manufactures, distributes, markets, and sells Malibu and Axis performance sport boats primarily in North America, South America, Europe, and Asia markets. The Malibu Australia segment covers operations in the Australian and New Zealand markets. The Cobalt segment offers Cobalt brand boats throughout the world. The company was founded in 1982 and is headquartered in Loudon, TN.