Lindblad Expeditions Company profile
About Lindblad Expeditions Holdings Inc
Lindblad Expeditions Holdings, Inc. is a company, which allows peoples to connect with exotic and remote places. The Company operates a fleet of nine owned expedition ships and five seasonal charter vessels. It operates through two segments: Lindblad and Land Experiences. The Lindblad segment consists primarily of 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. Many of these expeditions involve travel to remote places with limited infrastructure and ports, such as Antarctica and the Arctic, or places that are accessed by a ship, such as the Galapagos, Alaska, Baja’s Sea of Cortez and Panama. The Land Experiences segment includes its three primarily land-based brands, Natural Habitat, DuVine and Off the Beaten Path. Natural Habitat offers over 100 different expedition itineraries in approximately 45 countries spanning all seven continents.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Lindblad Expeditions Holdings Inc revenues increased 79% to $147.1M. Net loss applicable to common stockholders increased 24% to $124.7M. Revenues reflect Linbdlad segment increase of 19% to $82.8M. Higher net loss reflects Linbdlad segment loss increase of 42% to $111.5M. Basic Earnings per Share excluding Extraordinary Items decreased from -$2.02 to -$2.49.
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