<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Twin Lions Management LLC -->
          <cik>0002055318</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Class A Common Stock, par value $0.01</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>05/07/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001590976</issuerCik>
        <issuerName>MALIBU BOATS, INC.</issuerName>
        <issuerCusip>56117J100</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>5075 Kimberly Way</com:street1>
          <com:city>Loudon</com:city>
          <com:stateOrCountry>TN</com:stateOrCountry>
          <com:zipCode>37774</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>TWIN LIONS MANAGEMENT LLC</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>1050291.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>1050291.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1050291.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>5.5</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>TIMOTHY ABBOTT</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>1050291.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>1050291.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1050291.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>5.5</classPercent>
      <typeOfReportingPerson>HC</typeOfReportingPerson>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>MALIBU BOATS, INC.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>5075 Kimberly Way, Loudon, Tennessee 37774</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Twin Lions Management LLC
Timothy Abbott</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>Twin Lions Management LLC
1 Landmark Square
Suite 730
Stamford, Connecticut 06901

Timothy Abbott
c/o Twin Lions Management LLC
1 Landmark Square
Suite 730
Stamford, Connecticut 06901</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Twin Lions Management LLC - Delaware
Timothy Abbott - United States of America</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>Twin Lions Management LLC - 1,050,291
Timothy Abbott - 1,050,291</amountBeneficiallyOwned>
        <classPercent>Twin Lions Management LLC - 5.5%
Timothy Abbott - 5.5%</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>Twin Lions Management LLC - 0
Timothy Abbott - 0</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>Twin Lions Management LLC - 1,050,291
Timothy Abbott - 1,050,291</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>Twin Lions Management LLC - 0
Timothy Abbott - 0</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>Twin Lions Management LLC - 1,050,291
Timothy Abbott - 1,050,291</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>N</notApplicableFlag>
        <ownershipMoreThan5PercentOnBehalfOfAnotherPerson>All of the securities reported in this Schedule 13G are directly owned by advisory clients of Twin Lions Management LLC. None of those advisory clients may be deemed to beneficially own more than 5% of the Class A Common Stock, par value $0.01.</ownershipMoreThan5PercentOnBehalfOfAnotherPerson>
      </item6>
      <item7>
        <notApplicableFlag>N</notApplicableFlag>
        <subsidiaryIdentificationAndClassification>Please see Exhibit B attached hereto.</subsidiaryIdentificationAndClassification>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <exhibitInfo>Exhibit A - Joint Filing Agreement

Exhibit B - Control Person Identification</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>TWIN LIONS MANAGEMENT LLC</reportingPersonName>
      <signatureDetails>
        <signature>By: /s/ Timothy Abbott</signature>
        <title>Timothy Abbott / Managing Member</title>
        <date>05/13/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>TIMOTHY ABBOTT</reportingPersonName>
      <signatureDetails>
        <signature>By: /s/ Timothy Abbott</signature>
        <title>Timothy Abbott</title>
        <date>05/13/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureComments>* Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.</signatureComments>
  </formData>

</edgarSubmission>
