LIND - Lindblad Expeditions Holdings, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$23.00
DETAILS
HIGH:
$23.00
LOW:
$23.00
MEDIAN:
$23.00
CONSENSUS:
$23.00
UPSIDE:
11.81%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||
| Revenue | 771.0 | 644.7 | 569.5 | 421.5 | 147.1 | 82.4 | 343.1 | 309.7 | 266.5 | 242.3 | 210.0 | 198.5 | 192.2 | 154.0 | 0 |
| Cost of Revenue | 480.8 | 343.7 | 322.4 | 283.2 | 124.5 | 72.9 | 166.6 | 153.7 | 135.5 | 119.0 | 95.4 | 90.0 | 96.7 | 71.5 | 0 |
| Gross Profit | 290.2 | 301.1 | 247.2 | 138.3 | 22.6 | 9.4 | 176.5 | 156.0 | 131.0 | 123.4 | 114.6 | 108.5 | 95.6 | 82.5 | 0 |
| Operating Expenses | |||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 244.7 | 226.9 | 189.9 | 157.3 | 93.9 | 65.7 | 117.5 | 109.9 | 102.9 | 91.0 | 74.1 | 66.8 | 60.4 | 57.8 | 0 |
| Other Expenses | 0 | 52.6 | 46.7 | 44.0 | 39.5 | 32.1 | 25.8 | (0.2) | (0.1) | (1.2) | 5.0 | 1.1 | 0.7 | 0.0 | 0.0 |
| Operating Expenses | 244.7 | 279.5 | 236.6 | 201.3 | 133.5 | 97.8 | 143.3 | 130.7 | 120.2 | 109.4 | 85.7 | 1.1 | 0.7 | 0.0 | 0.0 |
| Operating Income | |||||||||||||||
| Operating Income | 45.5 | 21.6 | 10.6 | (63.0) | (110.8) | (88.4) | 33.2 | 25.3 | 10.7 | 14.0 | 15.5 | (1.1) | (0.7) | (0.0) | (0.0) |
| Interest Expense | 45.2 | 45.7 | 45.0 | 37.5 | 24.6 | 16.7 | 12.3 | 10.8 | 9.7 | 10.1 | 10.9 | 0.0 | 0.0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.0 | 0 | 0 |
| Profitability | |||||||||||||||
| EBITDA | 86.3 | 74.1 | 54.8 | (19.9) | (57.1) | (61.2) | 59.3 | 43.8 | 29.6 | 30.4 | 39.6 | (1.1) | (0.7) | (0.0) | (0.0) |
| EBIT | 23.5 | 20.6 | 7.3 | (64.6) | (96.6) | (93.3) | 33.2 | 25.3 | 12.2 | 12.0 | 28.0 | (1.0) | (0.7) | (0.0) | (0.0) |
| Income Before Tax | (21.8) | (25.1) | (37.7) | (102.1) | (121.2) | (109.9) | 20.9 | 12.2 | 2.5 | 1.9 | 17.1 | (1.0) | (0.7) | (0.0) | (0.0) |
| Income Tax Expense | 2.5 | 3.1 | 3.1 | 6.1 | (2.0) | (9.8) | 2.2 | 0.6 | 10.0 | (3.2) | (2.6) | 0 | 0 | 0 | 0 |
| Net Income | (29.7) | (31.2) | (45.6) | (111.4) | (119.2) | (98.7) | 16.4 | 11.4 | (8.7) | 4.9 | 19.7 | (1.0) | (0.7) | (0.0) | (0.0) |
| Per Share Data | |||||||||||||||
| EPS (Basic) | -0.63 | -0.67 | -0.94 | -2.23 | -2.41 | -2.01 | 0.29 | 0.25 | -0.19 | 0.11 | 0.44 | -0.16 | -0.12 | -0.00 | -0.00 |
| EPS (Diluted) | -0.63 | -0.67 | -0.94 | -2.23 | -2.41 | -2.01 | 0.28 | 0.24 | -0.19 | 0.10 | 0.43 | -0.16 | -0.12 | -0.00 | -0.00 |
| Shares Outstanding | 55.0 | 53.8 | 53.3 | 52.0 | 50.1 | 49.7 | 47.4 | 45.4 | 44.6 | 45.6 | 44.9 | 6.2 | 5.8 | 18 | 18 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 256.7 | 183.9 | 156.8 | 87.2 | 150.8 | 187.5 | 101.6 | 113.4 | 96.4 | 135.4 |
| Short-Term Investments | 0 | 0 | 0 | 13.6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 5.4 | 11.9 | 10.6 | 7.6 | 8.3 | 6.8 | 6.8 | 5.8 |
| Other Current Assets | 111.2 | 65.9 | 56.1 | 50.0 | 38.7 | 17.0 | 7.7 | 8.8 | 7.9 | 9.8 |
| Total Current Assets | 367.9 | 278.4 | 244.5 | 183.3 | 210.3 | 229.2 | 146.6 | 150.2 | 131.7 | 171.0 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 522.1 | 518.4 | 526.0 | 539.4 | 546.8 | 487.8 | 363.9 | 286.0 | 251.0 | 186.2 |
| Goodwill | 60.6 | 59.0 | 42.0 | 42.0 | 42.0 | 22.1 | 22.1 | 22.1 | 22.1 | 22.1 |
| Intangible Assets | 16.6 | 15.9 | 9.4 | 11.2 | 13.2 | 4.8 | 6.4 | 8.0 | 9.6 | 11.1 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 12.7 | 5.1 | 9.4 | 9.8 | 7.5 | 8.1 | 9.4 | 7.2 | 10.0 | 13.1 |
| Total Non-Current Assets | 612.1 | 598.5 | 586.8 | 604.7 | 617.2 | 528.3 | 402.0 | 323.2 | 292.7 | 236.7 |
| Total Assets | 980.0 | 876.9 | 831.3 | 788.0 | 827.5 | 757.4 | 548.7 | 473.4 | 424.3 | 407.7 |
| Current Liabilities | ||||||||||
| Account Payables | 22.2 | 13.9 | 16.2 | 16.6 | 9.7 | 5.3 | 14.6 | 9.3 | 7.8 | 7.6 |
| Short-Term Debt | 1.2 | 0.0 | 0.0 | 23.3 | 26.1 | 11.3 | 4.5 | 2 | 1.8 | 1.8 |
| Deferred Revenue | 361.5 | 318.7 | 252.2 | 245.1 | 212.6 | 120.7 | 138.8 | 123.5 | 112.2 | 91.5 |
| Other Current Liabilities | 76.7 | 0 | 0 | 0 | 0 | 8.5 | 10.3 | 15.9 | 14.5 | 14.8 |
| Total Current Liabilities | 461.6 | 392.5 | 319.2 | 341.1 | 289.5 | 155.8 | 182.9 | 159.4 | 144.4 | 123.9 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 662.7 | 625.4 | 621.8 | 529.5 | 518.7 | 471.4 | 213.5 | 188.1 | 164.2 | 164.1 |
| Deferred Tax Liabilities | 2.2 | 3.5 | 2.1 | 0 | 0 | 0 | 4.5 | 2.8 | 2.4 | 0 |
| Other Non-Current Liabilities | 7.0 | 1.0 | 1.9 | 0.1 | 0.2 | 0.1 | 3.3 | 0.6 | 0.7 | 0.7 |
| Total Non-Current Liabilities | 671.9 | 630.0 | 625.8 | 532.5 | 522.1 | 475.4 | 226.4 | 191.4 | 167.3 | 164.8 |
| Total Liabilities | 1,133.5 | 1,022.4 | 945.1 | 873.6 | 811.5 | 631.2 | 409.3 | 350.9 | 311.7 | 288.7 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (411.4) | (362.9) | (322.2) | (266.5) | (136.4) | (11.6) | 81.7 | 75.2 | 63.8 | 70.7 |
| Accumulated Other Comprehensive Income | 0 | 0.3 | 0 | 0 | (0.6) | (1.6) | (4.7) | (0.7) | 0 | 0 |
| Total Stockholders' Equity | (201.4) | (175.0) | (151.6) | (113.5) | 5.3 | 118.8 | 123.2 | 116.0 | 106.3 | 113.8 |
| Total Liabilities & Equity | 980.0 | 876.9 | 831.3 | 788.0 | 827.5 | 757.4 | 548.7 | 473.4 | 424.3 | 407.7 |
| Debt Metrics | ||||||||||
| Total Debt | 663.8 | 627.3 | 623.7 | 557.4 | 549.5 | 488.0 | 224.4 | 190.1 | 165.9 | 165.9 |
| Net Debt | 407.1 | 443.4 | 466.9 | 470.2 | 398.7 | 300.5 | 122.9 | 76.7 | 69.5 | 30.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (29.7) | (28.2) | (45.6) | (111.4) | (119.2) | (98.7) | 18.7 | 11.6 | (7.5) | 5.1 |
| Depreciation & Amortization | 64.6 | 53.5 | 54.8 | 56.3 | 39.5 | 35.0 | 26.0 | 20.8 | 17.4 | 18.4 |
| Stock-Based Compensation | 0 | 9.8 | 13.9 | 7.0 | 5.6 | 2.4 | 3.6 | 4.4 | 10.6 | 5.4 |
| Change in Working Capital | 51.4 | 50.4 | (6.2) | (17.1) | 102.9 | 14.6 | 8.1 | 11.8 | 20.1 | 0.3 |
| Other Non-Cash Items | 28.3 | 4.8 | 8.6 | 63.0 | 4.5 | (45.5) | 4.7 | 7.5 | 4.0 | 5.6 |
| Operating Cash Flow | 113.2 | 92.4 | 25.4 | (2.2) | 32.5 | (92.3) | 62.6 | 56.4 | 52.9 | 31.4 |
| Investing Activities | ||||||||||
| Capital Expenditure | (47.7) | (33.5) | (30.0) | (38.2) | (96.7) | (155.5) | (96.0) | (54.3) | (80.5) | (75.9) |
| Acquisitions | (19.5) | (10.6) | 0 | 0 | (18.0) | 0 | 0 | 0 | (9.9) | (9.9) |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.6) |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.6 |
| Other Investing Activities | 0 | 0 | 15.2 | (11.4) | 0 | 0 | (4.1) | 0 | 11.9 | (0.6) |
| Investing Cash Flow | (67.3) | (44.1) | (14.8) | (49.6) | (114.7) | (155.5) | (100.1) | (54.3) | (78.5) | (86.4) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 25.1 | (0.0) | 69.3 | 7.1 | 55.8 | 265.5 | 28.5 | 28.4 | (1.8) | (1.8) |
| Stock Repurchased | 0 | (3.0) | (1.1) | (1.1) | 0 | (0.4) | 0 | (4.5) | (6.2) | (10.3) |
| Dividends Paid | 0 | (4.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (1.5) | (12.1) | (7.5) | (10.9) | (5.4) | 77.9 | (3.9) | (11.9) | (5.5) | (11.9) |
| Financing Cash Flow | 27.9 | (19.8) | 60.7 | (4.9) | 50.4 | 343.0 | 24.6 | 16.5 | (13.4) | (16.4) |
| Cash Position | ||||||||||
| Net Change in Cash | 73.6 | 28.8 | 71.3 | (56.7) | (31.8) | 95.3 | (12.9) | 18.7 | (39.0) | (71.5) |
| Cash at Beginning | 216.1 | 187.3 | 116.0 | 172.7 | 204.5 | 109.3 | 122.2 | 103.5 | 135.4 | 206.9 |
| Cash at End | 289.7 | 216.1 | 187.3 | 116.0 | 172.7 | 204.5 | 109.3 | 122.2 | 96.4 | 135.4 |
| Free Cash Flow | 65.5 | 58.8 | (4.5) | (40.4) | (64.2) | (247.7) | (33.4) | 2.0 | (27.6) | (44.5) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||
| Revenue | 771.0 | 644.7 | 569.5 | 421.5 | 147.1 | 82.4 | 343.1 | 309.7 | 266.5 | 242.3 | 210.0 | 198.5 | 192.2 | 154.0 | 0 |
| Gross Profit | 290.2 | 301.1 | 247.2 | 138.3 | 22.6 | 9.4 | 176.5 | 156.0 | 131.0 | 123.4 | 114.6 | 108.5 | 95.6 | 82.5 | 0 |
| Operating Income | 45.5 | 21.6 | 10.6 | (63.0) | (110.8) | (88.4) | 33.2 | 25.3 | 10.7 | 14.0 | 15.5 | (1.1) | (0.7) | (0.0) | (0.0) |
| Net Income | (29.7) | (31.2) | (45.6) | (111.4) | (119.2) | (98.7) | 16.4 | 11.4 | (8.7) | 4.9 | 19.7 | (1.0) | (0.7) | (0.0) | (0.0) |
| EPS (Diluted) | -0.63 | -0.67 | -0.94 | -2.23 | -2.41 | -2.01 | 0.28 | 0.24 | -0.19 | 0.10 | 0.43 | -0.16 | -0.12 | -0.00 | -0.00 |
| Balance Sheet | |||||||||||||||
| Cash & Equivalents | 256.7 | 183.9 | 156.8 | 87.2 | 150.8 | 187.5 | 101.6 | 113.4 | 96.4 | 135.4 | |||||
| Total Assets | 980.0 | 876.9 | 831.3 | 788.0 | 827.5 | 757.4 | 548.7 | 473.4 | 424.3 | 407.7 | |||||
| Total Debt | 663.8 | 627.3 | 623.7 | 557.4 | 549.5 | 488.0 | 224.4 | 190.1 | 165.9 | 165.9 | |||||
| Stockholders' Equity | (201.4) | (175.0) | (151.6) | (113.5) | 5.3 | 118.8 | 123.2 | 116.0 | 106.3 | 113.8 | |||||
| Cash Flow | |||||||||||||||
| Operating Cash Flow | 113.2 | 92.4 | 25.4 | (2.2) | 32.5 | (92.3) | 62.6 | 56.4 | 52.9 | 31.4 | |||||
| Capital Expenditure | (47.7) | (33.5) | (30.0) | (38.2) | (96.7) | (155.5) | (96.0) | (54.3) | (80.5) | (75.9) | |||||
| Free Cash Flow | 65.5 | 58.8 | (4.5) | (40.4) | (64.2) | (247.7) | (33.4) | 2.0 | (27.6) | (44.5) | |||||