Lindblad Expeditions Holdings Inc.
Description
Lindblad Expeditions Holdings, Inc. provides marine expedition adventures and travel experience worldwide. It operates through Lindblad and Land Experiences segment. Lindblad segment provides ship-based expeditions aboard customized, nimble, and intimately-scaled vessels, which offers up-close experiences in the planet's wild and remote places, and capitals of culture; and offers expedition ship which is equipped with state-of-the-art tools for in-depth exploration with infrastructure and ports, such as Antarctica and the Arctic, and places that accessed by a ship comprising Galápagos Islands, Alaska, Baja California's Sea of Cortez and Panama, and foster engagement activities. The Land Experiences segment comprises natural habitats, which provides over 100 different expedition itineraries in more than 45 countries across seven continents, with eco-conscious expeditions and nature-focused, and small-group tours including polar bear tours and bear adventure; and DuVine provides intimate group cycling and adventure tours around the world with local cycling experts as guides in local cultural, cuisine, and accommodations. This segment also offers off the beaten path including small group travel, led by local, and experienced guides with focus on wildlife, hiking national parks, and culture; and classical journey, a curated active small-group and private custom journeys centered around cinematic walks led by expert local guides over 50 countries across the world. In addition, it has an alliance with National Geographic Partners, LLC, which provides lecturers and National Geographic experts including photographers, marine biologists, writers, naturalists, field researchers, and film crews; and partnered with World Wildlife Fund to offer conservation travel. Lindblad Expeditions Holdings, Inc. was founded in 1979 and is headquartered in New York, New York.
About
CEO
Ms. Pamela Fingleton
Employees
925
Instrument type
Common Stock
Sector
Consumer Cyclical
Industry
Travel Services
MIC code
XNCM
Address
96 Morton Street, New York, NY 10014, United States
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Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 3, 2025 | — | — | — | — |
| Aug 6, 2025 | — | — | — | — |
| Apr 28, 2025 | — | — | — | — |
| Feb 26, 2025 | -0.25 | — | — | — |
| Nov 5, 2024 | 0.19 | 0.36 | 0.17 | 89.47% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 2 | — | 3 |
| Average estimate | — | 0.00 | — | -0.03 |
| Low estimate | — | -0.01 | — | -0.08 |
| High estimate | — | 0.01 | — | 0.05 |
| Last year EPS | — | -0.10 | — | -0.42 |
[stock_revenue_estimate]
Growth estimates
Current qtr
49.620%
Next qtr. (Mar 2025)
100.000%
Current year
55.110%
Next year (Dec 2025)
93.320%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 569.54M | 421.50M | 147.11M | 82.36M | 343.09M |
| Cost of revenue | 322.38M | 283.22M | 124.48M | 72.93M | 166.61M |
| Gross profit | 247.17M | 138.28M | 22.62M | 9.43M | 176.48M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 189.86M | 157.29M | 93.93M | 65.74M | 117.52M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 10.60M | -63.05M | -110.83M | -88.40M | 33.20M |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | 45.01M | 37.50M | 24.58M | 16.69M | 12.29M |
| Other income expense | -3.32M | -1.54M | 14.22M | -4.86M | 28,000 |
| Pretax income | -37.73M | -102.08M | -121.19M | -109.95M | 20.94M |
| Tax provision | 3.15M | 6.08M | -2.02M | -9.81M | 2.19M |
| Net income | -40.88M | -108.16M | -119.17M | -100.14M | 18.75M |
| Basic EPS | -0.94 | -2.23 | -2.41 | -2.01 | 0.29 |
| Diluted EPS | -0.94 | -2.23 | -2.41 | -2.01 | 0.28 |
| Basic average shares | 53.26M | 52.02M | 50.11M | 49.74M | 47.44M |
| Diluted average shares | 53.26M | 52.02M | 50.11M | 49.74M | 47.44M |
| EBITDA | 54.04M | -19.31M | -55.82M | -56.40M | 59.16M |
| Net income from continuing op. | -40.88M | -108.16M | -119.17M | -100.14M | 18.75M |
| Minority interests | -4.73M | -3.22M | -38,000 | 1.40M | -2.40M |
| Preferred stock dividends | — | — | 170,000 | — | 2.65M |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 831.30M | 787.98M | 827.49M | 757.45M | 548.66M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 156.85M | 87.18M | 150.75M | 187.53M | 101.58M |
| Other short term investments | — | 13.59M | — | — | 1.58M |
| Accounts receivable | — | — | — | — | — |
| Other receivables | — | — | — | — | — |
| Inventory | 5.44M | 11.93M | 10.55M | 7.64M | 8.33M |
| Prepaid assets | 26.12M | 20.61M | 10.34M | 17.01M | 29.06M |
| Restricted cash | 30.50M | 28.85M | 21.94M | 16.98M | 7.68M |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 25.60M | 53.70M | 16.76M | — | — |
| Non current assets | |||||
| Properties | — | 4.35M | 4.40M | 5.08M | 6.11M |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | 818.68M | 788.71M | 763.92M | 663.97M | 508.60M |
| Construction in progress | — | — | — | — | — |
| Leases | 1.42M | 1.43M | 1.43M | 1.43M | 1.43M |
| Accumulated depreciation | -294.10M | -250.73M | -222.92M | -182.73M | -152.24M |
| Goodwill | 93.45M | 95.25M | 97.27M | 49.03M | 50.61M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 9.41M | 11.22M | 13.24M | 4.82M | 6.40M |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 9.36M | 14.18M | 15.08M | 13.60M | 9.62M |
| Total liabilities | 945.06M | 873.62M | 811.55M | 631.17M | 409.30M |
| Current liabilities | |||||
| Accounts payable | 16.15M | 16.60M | 9.69M | 5.29M | 14.63M |
| Accrued expenses | 48.90M | 54.42M | 39.56M | 6.79M | 9.71M |
| Short term debt | 1.97M | 25.00M | 27.61M | 12.73M | 5.86M |
| Deferred revenue | 252.20M | 245.10M | 212.60M | 120.74M | 138.83M |
| Tax payable | — | — | — | 2,000 | 603,000 |
| Pensions | — | — | 9.74M | 6.46M | 9.03M |
| Other current liabilities | — | — | — | 2.01M | 1.30M |
| Non current liabilities | |||||
| Long term debt | 621.78M | 529.45M | 521.84M | 475.27M | 218.57M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 2.12M | — | — | — | 4.49M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 1.94M | 3.05M | 247,000 | 90,000 | 3.32M |
| Shareholders equity | |||||
| Common stock | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 |
| Retained earnings | -322.21M | -266.53M | -136.44M | -11.57M | 81.66M |
| Other shareholders equity | — | — | -634,000 | -1.60M | -4.68M |
| Total shareholders equity | -113.77M | -85.65M | 15.94M | 126.28M | 139.36M |
| Additional paid in capital | 97.14M | 83.85M | 58.49M | 48.13M | 46.27M |
| Treasury stock | — | — | — | — | — |
| Minority interest | 37.78M | 27.89M | 10.63M | 7.49M | 16.11M |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Net Income | -40.88M | -108.16M | -119.17M | -100.14M | 18.75M | 11.55M | -7.53M | 5.06M | 19.74M | -1.01M | -721,020 | -4,768 | -2,477 |
| Depreciation | 47.51M | 43.61M | 39.52M | 32.08M | 26.03M | 20.77M | 17.35M | 18.42M | 11.65M | 11.27M | 11.65M | — | — |
| Deferred Taxes | 2.72M | 5.48M | -833,000 | -9.81M | 1.49M | 343,000 | 8.34M | -3.33M | -3.41M | 289,000 | -93,000 | — | — |
| Stock-Based Compensation | 13.89M | 6.99M | 5.56M | 2.39M | 3.57M | 4.41M | 10.63M | 5.41M | 4.91M | 274,000 | — | — | — |
| Other Non-Cash Items | 3.38M | 3.71M | 3.23M | 2.92M | 4.78M | 4.82M | 5.13M | 4.05M | 4.97M | -4,020 | 4,020 | — | — |
| Accounts Receivable | — | — | — | — | — | — | — | — | — | -2,197 | -4,333 | — | — |
| Accounts Payable | — | — | — | — | — | — | — | — | — | 68,536 | 193,003 | — | — |
| Other Assets & Liabilities | 4.38M | 33.72M | 86.49M | -15.97M | 11.47M | 10.38M | 19.81M | -2.32M | 3.79M | -817,600 | 320,600 | 2,512 | -1,256 |
| Operating Cash Flow | 31.00M | -14.65M | 14.80M | -88.52M | 66.09M | 52.26M | 53.73M | 27.30M | 41.65M | 10.06M | 11.34M | -2,256 | -3,733 |
| Investing Activities | |||||||||||||
| Capital Expenditures | -29.96M | -38.21M | -96.69M | -155.48M | -96.00M | -54.35M | -80.49M | -75.93M | -14.80M | -5.92M | -6.35M | — | — |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | -18.04M | — | — | — | — | -9.95M | -68.09M | — | -3.84M | — | — |
| Purchase of Investments | — | -15.00M | — | — | — | — | — | — | -68.09M | — | -9,969 | — | — |
| Sale of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing Cash Flow | -29.96M | -49.60M | -114.72M | -155.48M | -100.09M | -54.35M | -78.53M | -86.43M | -149.60M | -5.91M | -210.23M | — | — |
| Financing Activities | |||||||||||||
| Long-Term Debt Issuance | 275.00M | 360.00M | 61.72M | 268.34M | 30.48M | 200.00M | — | — | 175.00M | — | — | — | — |
| Long-Term Debt Payments | -205.70M | -352.94M | -5.96M | -2.84M | -2.00M | -171.63M | -1.75M | -1.75M | -41.88M | — | -150,000 | — | — |
| Other Financing Charges | -7.49M | -10.87M | -3.14M | -6.97M | -2.37M | -6.49M | -418,000 | -1.57M | 85.76M | -1.00M | -4.50M | -27,500 | -137,698 |
| Financing Cash Flow | 61.81M | -3.82M | 52.63M | 343.53M | 26.10M | 21.89M | -8.36M | -3.32M | 213.40M | -12.93M | 195.20M | -27,500 | 37,302 |
| Other Cash Details | |||||||||||||
| End Cash Position | 187.34M | 116.02M | 172.69M | 204.52M | 109.26M | 122.15M | 103.50M | 144.43M | 206.90M | 28,634 | 312,298 | 2,577 | 33,589 |
| Income Tax Paid | 711,000 | 309,000 | 98,000 | 700,000 | 1.17M | 522,000 | 965,000 | 998,000 | 379,000 | 633 | — | — | — |
| Interest Paid | 43.70M | 25.82M | 18.26M | 16.32M | 14.33M | 13.39M | 10.48M | 9.90M | 7.00M | 60 | — | — | — |
| Free Cash Flow | -4.52M | -40.41M | -64.19M | -247.74M | -33.42M | 2.01M | -27.57M | -44.51M | 25.50M | -764,804 | -595,647 | -3,512 | -3,713 |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 1,178,920 | 14.68M | 2.16% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 1,000,024 | 12.45M | 1.83% |
| Templeton Global Smaller Companies Fund, Inc. (USA) | Nov 30, 2024 | 680,433 | 8.47M | 1.25% |
| Royce Micro Cap Trust | Sep 30, 2024 | 629,194 | 7.83M | 1.15% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 591,948 | 7.37M | 1.09% |
| Principal Small Cap Fund | Oct 31, 2024 | 516,000 | 6.42M | 0.95% |
| Royce Small Cap Trust, Inc. | Sep 30, 2024 | 373,700 | 4.65M | 0.69% |
| Fidelity Small Cap Index Fund | Oct 31, 2024 | 365,633 | 4.55M | 0.67% |
| Royce Micro-Cap Fund | Sep 30, 2024 | 283,196 | 3.53M | 0.52% |
| iShares Russell 2000 Growth ETF | Nov 30, 2024 | 226,843 | 2.82M | 0.42% |
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