Sector: Consumer Cyclicals | Industry: Hotels, Motels & Cruise Lines |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 96 Morton Street, 9Th Floor NEW YORK NY 10014 |
Tel: | N/A |
Website: | https://www.expeditions.com |
IR: | See website |
Key People | ||
Mark D. Ein Non-Executive Independent Co-Chairman of the Board | Sven-Olof Lindblad Chief Executive Officer, Director | Craig I. Felenstein Chief Financial Officer |
Benjamin L. Bressler President of Natural Habitat Inc | Noah Brodsky Chief Commercial Officer | Dean Byus Chief Expedition Officer |
Business Overview |
Lindblad Expeditions Holdings, Inc. is an expedition travel company. It is focused on ship-based voyages through its Lindblad Expeditions brand and land-based travel through its subsidiaries, Natural Habitat, Inc. (Natural Habitat), Off the Beaten Path LLC (Off the Beaten Path), DuVine Cycling + Adventure Co. (DuVine) and Classic Journeys, LLC (Classic Journeys). Its segments include Lindblad and Land Experiences. The Lindblad segment includes ship-based expeditions aboard customized, nimble and intimately scaled vessels that are designed for discovery, enabling it to venture where larger cruise ships cannot, thereby allowing Lindblad to offer up-close experiences in the planet's wild and remote places and capitals of culture. The Land Experiences segment includes land-based adventure brands, providing tours, trips and journeys centered around nature and culture. The Land Experiences includes four land-based brands: Natural Habitat, DuVine, Off the Beaten Path and Classic Journeys. |
Financial Overview |
For the fiscal year ended 31 December 2023, Lindblad Expeditions Holdings Inc revenues increased 35% to $569.5M. Net loss applicable to common stockholders decreased 57% to $50M. Revenues reflect Linbdlad segment increase of 43% to $397.4M, Land experiences segment increase of 20% to $172.1M. Lower net loss reflects Linbdlad segment loss decrease of 89% to $8.7M, Land experiences segment income increase of 30% to $19.3M. |
Employees: | 485 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $931.20M as of Dec 31, 2023 |
Annual revenue (TTM): | $569.54M as of Dec 31, 2023 |
EBITDA (TTM): | $57.31M as of Dec 31, 2023 |
Net annual income (TTM): | -$49.98M as of Dec 31, 2023 |
Free cash flow (TTM): | -$4.52M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $464.98M as of Dec 31, 2023 |
Shares outstanding: | 53,429,359 as of Feb 26, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |