Pursuit Attractions & Hospitality, Inc. PRSU
Pursuit Attractions and Hospitality, Inc. ("Pursuit") is a global attractions and hospitality company that owns and operates a collection of inspiring and unforgettable travel experiences in iconic destinations in the United States ("U.S."), Canada, Iceland and Costa Rica. Our elevated hospitality experiences include 17 world-class point-of-interest sightseeing attractions and 29 distinctive lodges, along with integrated food and beverage, retail and transportation offerings that enable visitors to discover and connect with stunning national parks and renowned global travel locations. Our company has a strategic direction to expand and elevate our portfolio of extraordinary experiences through a focus on refreshing, improving, and growing our collection of unforgettable, inspiring experiences in iconic places around the globe. We draw our guests from major markets, including the U.S., Canada, Asia Pacific, Western Europe, and Central America.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $452.4M | $366.5M | $350.3M | $299.3M | $507.3M | $415.4M | $1.30B | $1.24B | $1.31B | $1.20B |
| Cost of revenue | $34.6M | $31.1M | $31.9M | — | — | — | — | — | $1.05B | $954.7M |
| Gross profit | $417.8M | $335.4M | $318.4M | — | — | — | — | — | $256.4M | $250.3M |
| SG&A | $80.1M | $57.8M | $56.8M | — | — | — | — | — | — | — |
| Total operating expenses | $397.4M | $411.9M | $323.0M | $298.8M | $602.4M | $776.3M | $1.28B | $1.17B | $1.20B | $1.14B |
| Operating income | — | — | $108.4M | $68.9M | -$47.0M | -$116.2M | $79.4M | $77.6M | $86.3M | $76.5M |
| Interest expense | $8.8M | $14.2M | $6.0M | $4.1M | $28.3M | $17.9M | $14.2M | $9.6M | $8.3M | $5.9M |
| Pre-tax income | $55.0M | -$45.4M | $27.3M | $506.0K | -$95.1M | -$360.9M | $26.1M | $65.0M | $104.3M | $64.7M |
| Income tax | $16.5M | $6.3M | $12.9M | $5.7M | $1.8M | $14.2M | $2.5M | $17.1M | $45.9M | $21.2M |
| Net income | $22.7M | $368.5M | $16.0M | $23.2M | -$92.7M | -$374.1M | $22.0M | $49.2M | $57.7M | $42.3M |
| EPS, basic | 0.80 | 12.84 | 0.30 | 0.54 | -5.01 | -18.64 | 1.02 | 2.40 | 2.83 | 2.09 |
| EPS, diluted | 0.80 | 12.84 | 0.30 | 0.54 | -5.01 | -18.64 | 1.02 | 2.40 | 2.83 | 2.09 |
| Shares, diluted (wtd. avg.) | $28.4M | $21.4M | $20.9M | $20.6M | $20.4M | $20.3M | $20.3M | $20.4M | $20.4M | $20.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $31.1M | $49.7M | $59.0M | $64.6M | $64.3M | $42.0M | $62.0M | $44.9M | $53.7M | $20.9M |
| Receivables | $9.2M | $9.3M | $8.2M | $122.4M | $92.0M | $17.8M | $126.2M | $108.9M | $104.8M | $104.6M |
| Inventory | $12.1M | $10.0M | $9.5M | $10.8M | $8.6M | $8.7M | $17.3M | $16.6M | $17.6M | $31.4M |
| Total current assets | $63.7M | $117.4M | $235.8M | $239.6M | $197.6M | $91.3M | $260.9M | $214.0M | $209.3M | $175.4M |
| Property, plant and equipment | $649.3M | $526.2M | $554.6M | $549.6M | $549.1M | $492.2M | $500.9M | $333.8M | $305.6M | $279.9M |
| Goodwill | $150.4M | $103.3M | $123.9M | $121.4M | $112.1M | $99.8M | $288.0M | $261.3M | $270.6M | $254.0M |
| Other intangibles | $75.6M | $64.4M | $54.9M | $59.0M | $65.2M | $71.2M | $94.3M | $51.3M | $62.8M | $73.7M |
| Total assets | $965.4M | $845.0M | $1.14B | $1.09B | $1.04B | $853.2M | $1.32B | $922.5M | $919.9M | $869.8M |
| Accounts payable | $21.0M | $22.5M | $14.7M | $73.0M | $69.7M | $21.0M | $86.7M | $71.9M | $77.4M | $67.6M |
| Total current liabilities | $78.8M | $76.4M | $232.5M | $211.1M | $175.1M | $97.7M | $237.3M | $389.7M | $332.7M | $345.6M |
| Long-term debt | $99.3M | $15.0M | $388.7M | $400.2M | $390.5M | $400.2M | $315.2M | $225.5M | $206.3M | $247.7M |
| Total liabilities | $305.0M | $228.3M | $867.4M | $856.0M | $807.8M | $545.1M | $765.3M | $466.1M | $470.3M | $499.2M |
| Retained earnings | $57.2M | $33.7M | -$326.1M | -$334.3M | -$349.7M | -$253.2M | $123.0M | $109.0M | $65.8M | $16.3M |
| Total equity | $581.8M | $525.8M | $132.6M | $96.8M | $91.8M | $174.1M | $547.2M | $450.6M | $442.9M | $370.6M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $86.2M | $56.9M | $80.8M | $51.8M | -$37.9M | -$80.2M | $108.1M | $90.6M | $112.2M | $100.3M |
| Depreciation and amortisation | $46.1M | $43.0M | $37.9M | $36.1M | $53.8M | $56.6M | $59.0M | $56.8M | $55.1M | $42.7M |
| Stock-based compensation | $7.4M | $11.2M | $9.0M | $7.8M | $7.7M | $2.7M | $7.2M | $4.9M | $11.0M | $8.0M |
| Capital expenditure | $75.0M | $56.2M | $62.4M | $56.9M | $57.9M | $53.6M | $76.1M | $83.3M | $56.6M | $49.8M |
| Investing cash flow | -$151.1M | $369.1M | -$62.5M | -$82.3M | -$51.8M | -$6.8M | -$165.6M | -$87.0M | -$25.6M | -$244.6M |
| Financing cash flow | $51.3M | -$399.1M | -$34.1M | -$3.3M | $107.9M | $66.3M | $73.5M | -$9.9M | -$56.1M | $111.6M |
| Dividends paid | — | — | — | $0 | $0 | $4.1M | $8.1M | $8.2M | $8.2M | $8.1M |
| Buybacks | $10.2M | $0 | $0 | $0 | $0 | $2.8M | $0 | $17.2M | $2.1M | $722.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-156063.
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