Slide 1: FY21 Results Presentation
Slide 2: Summary Information
SUMMARY INFORMATION This presentation has been prepared by Experience Co Limited (‘EXP’) contains summary information about EXP and its related b odies corporate and their activities. The information in this presentation is of a general background nature and does not purport to be complete or compri
Slide 3: Experience Co Limited FY21 Results Presentation
EXPERIENCE CO LIMITED | FY21RESULTS PRESENTATION | 26 AUGUST 2021
Slide 4: Overview
OVERVIEW DESPITE DIFFICULT TRADING CONDITIONS, WELL PLACED TO RESPOND AS TOURISM MARKETS REOPEN i i) Domestic demand exceeded expectations, despite ongoing challenges of lockdowns and border restrictions ll ll Ina year of volatile trading conditions, we saw domestic demand returning swiftly when mar
Slide 5: FY21 Snapshot
FY21 SNAPSHOT COVID RECOVERY TRADING IMPROVING AND BALANCE SHEET POSITIONED TO NAVIGATE RECOVERY Revenue from continuing operations Underlying EBITDA! Tandem Jumps $44.4m $6.8m_ 63,925 Loss from continuing operations NTA per share(cents) GBR Experiences? $4.8m 11.5 111,818 Notes Cash and cash equiva
Slide 6: Navigating the Pandemic
NAVIGATING THE PANDEMIC DEMAND HAS PROVEN RESILIENT IN A TIME OF UNCERTAINTY WITH BORDER RESTRICTIONS AND LOCKDOWNS Q121:RECOMMENCE Q2 21: IMPROVING Q3 21: PEAK SEASON Q4 21: POSITION FOR FY22 * Managing the short term 5 * Demand based operating schedules * Maintain price discipline + Self drive and
Slide 7: Experience Co Limited FY21 Results Presentation
EXPERIENCE CO LIMITED | FY21RESULTS PRESENTATION | 26 AUGUST 2021
Slide 8: Financial Performance
FINANCIAL PERFORMANCE TRADING IN LINE WITH EXPECTATIONS KEY FINANCIALS - CONTINUING OPERATIONS $ million FY21 FY20 Ghange% REVENUE Aaa 87.4 (491%) EBITDAt 64 5.2 217% PROFIT / (LOSS) (4.8) (39.7) N/A UNDERLYING EBITDA? 68 9.2 (267%) NTA PER SHARE (CENTS)? 15 118 (25%) NET DEBT? 28 9.0 (69.2%) Notes
Slide 9: Skydiving
SKYDIVING VICTORIA COMING ONLINE FROM LATE NOVEMBER HAS CONTRIBUTED TO A STRONG FINISH TO THE HALF KEY FINANCIAL METRICS KEY TAKEOQUTS $ million FY21 FY20 Change% SKYDIVING REVENUE 268 55.0 (51.3%) . OTHER 34 35 (1.6%) SALES REVENUE 30.2 58.5 (48.3%) . UNDERLYING EBITDA 72 11.0 (34.4%) : SKYDIVE AUS
Slide 10: GBR Experiences
GBR EXPERIENCES QUEENSLAND BORDER UNCERTAINTY IMPACTING INTERSTATE CONSUMER DEMAND KEY FINANCIAL METRICS $ million FY21 FY20 Change% REVENUE 14.2 288 (50.8%) UNDERLYING EBITDA 46 3.2 41.6% MONTHLY VOLUMES % FY19 CORRESPONDING MONTH 130% 120% 110% 100% 90% Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr mFY2
Slide 11: Balance Sheet
BALANCE SHEET STRONG CAPITAL DISCIPLINE DELIVERED NET DEBT REDUCTION WITH NO CAPITAL RAISE CAPITAL METRICS $ million Jun21_—- June20 Change% CASH & CASH EQUIVALENTS 13.3 12.5 6.8% TOTAL TANGIBLE ASSETS 917 89.1 3.0% NET DEBT 28 9.0 (69.2%) GEARING © 3.0% 10.1% (70.1%) NET DEBT TO UNDERLYING EBITDA?
Slide 12: Strategic Update
“SURAVEGIC UPDATE ANDIOUMIOOK MARIA ISLAND WALK| TASMANIA EXPERIENCE CO LIMITED | FY21RESULTS PRESENTATION | 26 AUGUST 2021 12
Slide 13: Investing for the Recovery
INVESTING FOR THE RECOVERY INVESTMENT IN THE CONTINUING BUSINESS TO POSITION FOR MARKET RECOVERY GBR PONTOON Targeting to have operational in early 2022, with an expected minimum economic life of 15 years Newest piece of Cairns based tourism infrastructure on Great Barrier Reef in last 10 years Posi
Slide 14: Acquisitions
ACQUISITIONS PREMIUM ADVENTURE ACQUISITIONS EXCEEDING EXPECTATIONS WHILST ACQUISITION OPPORTUNITIES ARE IMPROVING IN QUALITY PREMIUM ADVENTURE AWildvush Th ISLAND WALK LUXURY Four days that wil asta Bifeime STRONG DEMAND & GROWTH POTENTIAL Wild Bush Luxury acquisition completed in July 2021, Maria I
Slide 15: Trading Update & Outlook
TRADING UPDATE & OUTLOOK SHORT TERM HEADWINDS DURING Q1 FY22. INCREASING OPTIMISM HEADING INTO SUMMER 2021/2022 RECENT TRADING * The emergence of the Delta strain has significantly impacted trading in Qld, NSW and Victorian markets since late June * Skydive Australia’s NSW and Victorian drop zones h
Slide 16: Thank You
THANE YOU qs Bigcat — Reef Cruises EF OREANTIME * give & SNoRKeL Th ISLAND WALK weil las a ft Exnerlenceuos CALYPSO reef cruises FITZROY' @ Skydive AUSTRALIA SKYDIVE SOUTHERN ALPS AWilAwush LUXURY DAINTREE TOURS 2% 4% GBR BIOLOGY nzone SKYDIVE ME AIRCRAFT MAINTENANCE CENTRE