Experience Co Ltd · ASX:EXP
Experience — Shareholder Meeting (November 2024)
14 slides from Experience's shareholder meeting presentation, Nov 26, 2024
Slide 1: 2024 Annual General Meeting Chair Address
Experience Co Limited (ASX : EXP) 2024 Annual General Meeting Chair Address 26 November 2024 FY24 delivered the Group’s strongest financial result since FY19. Despite challenging weather and international and domestic trading condition impacts, the business continued its recovery trajectory. Year-on
Slide 2: People and Safety, Strategic Review, Outlook
People and Safety Safety is a core value at EXP underpinned by robust health and safety management systems, reporting and training initiatives. Our people are at the heart of delivering exceptional experiences to our customers and as such we continue to invest in employee well-being, career developm
Slide 3: CEO Presentation
2024 ANNUAL GENERAL MEETING CEO PRESENTATION TREETOPS ADVENTURE | CANBERRA | AUSTRALIA
Slide 4: 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 5: FY24 Financial Highlights
FY24 FINANCIAL HIGHLIGHTS $127.0m +17% PCP (3) $14.4m +27% PCP (3) $8.2m (PCP: $8.6m) (3) $7.9m +93% PCP (3) Sales Revenue Underlying EBITDA1 Cash & cash equivalents Skydiving Segment Underlying EBITDA1 $(0.1m) (PCP: $(0.5m)) (3) $9.2c (PCP: $9.5c) (3) ($8.9m) (PCP: ($6.8m)) (3) $14.1m +4% PCP (3) N
Slide 6: Q1 Trading Update
Q1 25 TRADING UPDATE Underlying earnings growth driven by revenue growth in Adventure Experiences and continued focus on corporate costs GROUP FINANCIAL OVERVIEW(1) COMMENTARY $ MILLION Q1 25 Q1 24 Change % • Unaudited U/EBITDA(2) positive quarter driven by revenue growth and operating leverage from
Slide 7: October Trading Update
OCTOBER TRADING UPDATE Momentum continued, with YTD Unaudited Underlying EBITDA(1)(2) growth vs. PCP(3) of ~58% GROUP FINANCIAL OVERVIEW(1) OCTOBER TRADING COMMENTARY Change $ MILLION YTD 25 YTD 24 % • October trading continued the trend experienced during Q1 25, with October volumes benefiting from
Slide 8: Australia's Inbound Demand Recovery
AUSTRALIA’S INBOUND DEMAND RECOVERY Whilst aviation seat capacity remains close to 100% of 2019 volumes, short-term visitor arrivals and holiday arrivals to Australia remain below pre- pandemic levels at 91% and 85% respectively CAPACITY ARRIVALS & OUTBOUND VFR(1) & HOLIDAY Aviation Capacity to Aust
Slide 9: Australia's Inbound Demand Recovery
AUSTRALIA’S INBOUND DEMAND RECOVERY Short-term arrivals have recovered to 86% vs 2019 in Australia. All of Australia’s major inbound markets continued their recovery towards 2019 volumes with China performance reflective of later reopening. ABS Short-Term Arrivals Rolling 12 Months - Sep 24 1,600 13
Slide 10: New Zealand's Inbound Demand Recovery
NEW ZEALAND’S INBOUND DEMAND RECOVERY Total international arrivals have recovered to 83% vs 2019 in New Zealand. Australia, the single largest source market for international visitors, is at 87% and China is at 60% which is in line with the recovery of short-term arrivals from China to Australia. In
Slide 11: Strategic Review
STRATEGIC REVIEW The Strategic Review has identified a broad range of business alternatives and several organic initiatives with the potential to enhance productivity and create value, which the Company plans to execute. These include continued optimisation of the Skydive Australia network, a contin
Slide 12: Strategic Review
STRATEGIC REVIEW Based on the insights garnered from the Strategic Review management has identified and is implementing several strategic initiatives to accelerate earnings growth and unlock shareholder value. Management are focused on continuing to build upon the strong trading momentum in the busi
Slide 13: FY25 Strategic Priorities
FY25 STRATEGIC PRIORITIES Management’s focus over the remaining months of FY25 will be on the delivery of the following strategic priorities with the overarching goal to continue the growth trajectory achieved during YTD FY25 trading. Business Recovery: Continuation of Capitalising on Key Trading Pe
Slide 14: Thank You
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