Experience Co Ltd · ASX:EXP
Experience — Shareholder Meeting (November 2023)
12 slides from Experience's shareholder meeting presentation, Nov 2, 2023
Slide 1: Annual General Meeting CEO Presentation
2023 Annual General Meeting CEO Presentation EXPERIENCE CO LIMITED | CEO PRESENTATION – 2023 AGM | NOVEMBER 2023 SKYDIVE AUSTRALIA | BYRON BAY| AUSTRALIA
Slide 2: Disclaimer
DISCLAIMER Summary information This presentation has been prepared by Experience Co Limited (ASX: EXP) contains summary information about EXP and its related bodies corporate and their activities. The information in this presentation is of a general background nature and does not purport to be compl
Slide 3: FY24 Strategy: Executing Recovery Growth Strategy
FY24 STRATEGY EXECUTING RECOVERY GROWTH STRATEGY 1 INBOUND VISITOR RECOVERY Skydive and Reef Unlimited verticals to pre-pandemic levels with reopening of international markets. Invest in growing staffing levels and continue to deliver operational leverage as volume returns 2 CAPITAL DISCIPLINE NT Ma
Slide 4: Australia's Inbound Demand Recovery Continues
AUSTRALIA’S INBOUND DEMAND RECOVERY CONTINUES Inbound visitation to Australia continues to grow in line with expectation with Visiting Friends and Relatives (VFR) remaining the dominant reason for visitation. Outbound travel by Australians continues to outperform Visitor Arrivals growth relative to
Slide 5: International & China Outlook - Australia
INTERNATIONAL & CHINA OUTLOOK - AUSTRALIA Chinese leisure visitation to Australia continues to recover driven by VFR market but holiday continues to improve. Aviation capacity on track to be close to pre-Pandemic levels by year end CHINA LEISURE TO AUSTRALIA AUGUST QUARTER CHINA RECOVERY CHINA AVIAT
Slide 6: International & China Outlook – NZ
INTERNATIONAL & CHINA OUTLOOK – NZ The recovery of the China market in NZ provides some interesting insights and potential lead indicators for Australia as it navigates the reopening of the market COMMENTARY • New Zealand’s recovery is outpacing Australia’s due to an 8-month head start on the reinst
Slide 7: Golden Week 2023
GOLDEN WEEK 2023 Positive impact across Skydive and Reef Unlimited business units. Forward COMMENTARY indicators indicate continued growth into CY24 for Chinese market • Golden Week 2023 was the first tangible week of trading where business could assess rate of recovery in the Chinese inbound market
Slide 8: Q1 24 Trading Update
Q1 24 TRADING UPDATE The Group recorded improved trading across both operating segments GROUP REVENUE Q1 24 TRADING $ MILLION Q1 24 Q1 23 Change % • EBITDA (1) positive quarter driven by July and September school holiday trading periods SKYDIVING 11.8 7.2 64% • Skydive segment experienced strong tra
Slide 9: Skydiving
SKYDIVING COMMENTARY Recovery now underway within Skydive segment as inbound markets return • Strong Q1 performance across both Australia and NZ aided by return of inbound markets. Both markets recording close to 60% of pre-pandemic volumes SKYDIVING REVENUE Change • Volumes in both markets recorded
Slide 10: Adventure Experiences
ADVENTURE EXPERIENCES COMMENTARY Growth continued within the Adventure Experiences segment • Consistent performance in this segment led by the contribution of Reef Unlimited and Treetops Adventure ADVENTURE EXPERIENCES • Reef Unlimited volumes remain consistent with PCP(1) with $ MILLION Q1 24 Q1 23
Slide 11: October Trading Update & Outlook
OCTOBER TRADING UPDATE & OUTLOOK October trading saw expected levels of activity across all Business Units with first part of the month having school holiday trading whilst second half of the month reverted to traditional ‘shoulder’ month trading OCTOBER TRADING OUTLOOK • All operating segments have
Slide 12: Thank You
EXPERIENCECO Kkydi ao CALYPSO Ostadive. mene Green Island retonses RET EMAGIC i DAINTREE i re a eS Gy[BSoc, = HEHE, «= SUMMA @suvoive — errs, Ve. war THANK YOU