Q1 2025 Pursuit Attractions and Hospitality Inc Earnings Call Transcript

May 8, 2025 / 09:00 PM GMT

Release Date Price: $29.66 (+2.35%)

Transcript 10-Q8-K

Key Points

Positve

Pursuit Attractions and Hospitality Inc (PRSU) reported a strong start to the year with solid financial performance in Q1.
The company successfully integrated three recent acquisitions, enhancing operational synergies and expanding their market presence.
Pursuit reaffirmed its full-year guidance for double-digit growth in both revenue and adjusted EBITDA.
The company has a robust pipeline of acquisitions and is actively pursuing transactions to strengthen its platform and deliver long-term value to shareholders.
Pursuit's strategic focus on delivering authentic experiences in iconic destinations aligns with global consumer trends prioritizing experiences over material goods.

Negative

The company reported a net loss attributable to Pursuit of $31.1 million, compared to $25.1 million in the prior year.
Unfavorable foreign exchange rate variances negatively impacted first-quarter revenue by approximately $1.3 million.
Adjusted EBITDA declined by $2.9 million to negative $17.5 million due to inflationary cost increases and seasonal operating losses from new businesses.
Lodging room revenue decreased by $300,000 compared to 2024, primarily due to fewer rooms being available at the Forest Park Hotel's Woodland wing.
The Flyover Las Vegas attraction continues to face challenges, with the team working to improve visitation amidst a tough market environment.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

PRSU.N - Pursuit Attractions and Hospitality Inc
Q1 2025 Pursuit Attractions and Hospitality Inc Earnings Call
May 08, 2025 / 09:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon. My name is Makaya, and I will be your conference operator today. At this time, I would like to welcome everyone to pursue 2025 1st quarter earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask the question during this time, simply press star, followed by the number one on your telephone keypad. If you would like to withdraw your question, press pound.

Thank you. Carry on, you may proceed the con the conference.

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Unidentified_2 [2]
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