Experience Co Ltd FY26 Results
Key points
- Modest revenue growth of $129.6M
- Underlying EBITDA decreased to $17.6M
- Net profit after tax dropped to $2.0M
- Annualised cost savings of $2M achieved
- Positive FY27 trading start with $2.3M EBITDA
Full summary
Experience Co Ltd released its FY26 results, reporting revenue of $129.6M, a slight increase from $127.3M in FY25. Underlying EBITDA dropped to $17.6M from $19.0M, and net profit after tax fell to $2.0M from $2.9M. Despite external impacts, the company managed to remove an additional $2M in annualised costs, bringing total savings to $4.5M. The company also completed a share buyback and consolidated its Skydive Australia operations. FY27 has started positively with $2.3M in EBITDA for July, despite adverse weather conditions.
Guidance
FY27 EBITDA expected to be higher than FY26; cost savings to continue
Outlook
Positive start to FY27 with $2.3M EBITDA in July; ongoing cost savings expected; longer earnings recovery anticipated
Sign in for more about this company, including guidance changes and other insights.
Sign in