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Coast Entertainment Holdings (CEH) investor relations material
Coast Entertainment Holdings H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
FY 2025 saw strong transformation and momentum, with record operating revenue of $96.4M, up 10.8% year-over-year, and the highest since FY16, driven by strategic initiatives and significant capital investment.
New attractions, including River Town, Jungle Rush, and Jane's Rivertown Restaurant, opened on time and budget in December 2024, boosting attendance, guest satisfaction, and second half results.
Ticket sales rose 10.5% year-over-year, 57.1% above pre-COVID levels, and visitation increased 11.2% to 1.55M, both reaching multi-year highs despite venue closures from Cyclone Alfred.
Net loss from continuing operations narrowed to $100K, a $9.9M improvement year-over-year, with consolidated EBITDA (excluding specific items) up 275% to $4.1M.
Achieved second consecutive year of positive consolidated EBITDA growth, with strong trading momentum continuing into FY26.
Financial highlights
Operating revenue grew 10.8% to $96.4M, with second half revenue growth of 11.9% outpacing the first half's 9.6%.
Theme Parks and Attractions EBITDA (excluding specific items) increased 19.4% to $8.8M, the best since FY16.
Corporate costs (excluding specific items) fell 25% to $4.7M, the lowest in over a decade, due to savings in insurance and audit fees.
Deferred revenue from annual passes reached $12.7M, up 4.8% year-over-year, reflecting growth in the passholder base.
Insurance income of $5.8M was recognized for storm-related claims, offset by $400K in related repairs.
Outlook and guidance
Strong trading momentum continues into FY26, with July ticket sales up 66% and visitation up 38% year-over-year, and record July and August results.
Deferred revenue in July was 32% higher than the prior year, indicating sustained future revenue.
Development CapEx is expected to moderate in FY26 to around $8M, mainly for King Claw completion.
Marketing spend will increase, focused on expanding reach in new markets, but will be closely monitored for ROI.
Ongoing investment in new attractions and customer service expected to sustain growth as macroeconomic conditions improve.
Next Coast Entertainment Holdings earnings date

Next Coast Entertainment Holdings earnings date

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