Coast Entertainment Holdings Ltd · ASX:CEH
Coast Entertainment — H1 2026 Earnings Presentation
25 slides from Coast Entertainment's earnings presentation, Feb 13, 2026
Slide 1: Coast Entertainment Holdings Limited 1H26 Results Presentation
COAST ENTERTAINMENT HOLDINGS LIMITED 1H26 RESULTS PRESENTATION 13 February 2026
Slide 2: Group Overview
1H26 GROUP OVERVIEW 2
Slide 3: Key Highlights
1H26 delivers robust revenue and earnings growth KEY HIGHLIGHTS Theme Parks & Attractions delivered strong performance for 1H26, reflecting ongoing positive momentum from recently opened attractions, increased marketing & promotional activity and improving trading conditions: Ticket sales value1
Slide 4: Consolidated Results
Strong 1H26 results, with EBITDA excl Specific Items surpassing FY25 full year results CONSOLIDATED RESULTS Reported Reported 1H26 comprises 27 weeks ended 30 December 2025 (1H25: 26 weeks). 1H26 1H25 To enable meaningful comparison, LFL performance against the first 27 weeks A$m (27 weeks) (26 week
Slide 5: Cash Flows & Capital Management
CASH FLOWS & CAPITAL MANAGEMENT As at 30 December, the Group had $37.6 million of cash on hand, an A$m 1H26 1H25 increase of $3.7 million compared to 24 June 2025 Opening cash balances 33.9 89.2 Positive net cashflows in the period, despite finding capital expenditure Operating cash flows 17.3 3
Slide 6: Intrinsic Value of Net Assets
Opportunities to unlock future value INTRINSIC VALUE OF NET ASSETS $26.7m The Group has a robust balance sheet, with net assets of $221.0 ($0.07 per share) million as at 30 December 2025. $54.4m Significant potential valuation upside not currently reflected on the ($0.14 per share) balance sheet:
Slide 7: Theme Parks & Attractions
1H26 THEME PARKS & ATTRACTIONS 7
Slide 8: King Claw
New attractions King Claw King Claw, Dreamworld’s newest high-thrill attraction was successfully launched on 12 December 2025 The attraction was delivered on time and on budget, and reinforces Dreamworld’s position as one of Australia’s leading thrill destinations Bigger and faster than its pr
Slide 9: WILD with Australian Geographic
New attractions WILD WITH AUSTRALIAN GEOGRAPHIC In September 2025, Dreamworld launched WILD with Australian Geographic, a reimagined wildlife precinct with immersive experiences and habitats for native species This collaboration introduces a powerful new brand with one of Australia’s most truste
Slide 10: Events & Activations – Driving Engagement
Strategic priorities EVENTS & ACTIVATIONS – DRIVING ENGAGEMENT 10
Slide 11: Strong daily attendance during peak holiday period
Strong daily attendance during peak holiday period 11
Slide 12: Delivering a Distinctive Guest Experience
Strategic priorities What our guests are saying… DELIVERING A DISTINCTIVE Experience Value Experience Service GUEST EXPERIENCE Dreamworld is the best of all the theme parks as it has it all! Kids attraction area is the best This is Australia’s biggest theme park. It was an amazing experience. My sis
Slide 13: 1H26 Financial Results
1H26 EBITDA excluding Specific Items1 exceeds FY25 full-year results 1H26 FINANCIAL RESULTS Theme Parks & Attractions delivered strong growth, reflecting ongoing Reported Reported Pro forma momentum from recently launched attractions, increased marketing and 1H26 1H25 1H25 LFL promotional activities
Slide 14: Ongoing Acceleration of Key Revenue Drivers
Dreamworld momentum continuing to build following opening of new attractions ONGOING ACCELERATION OF KEY REVENUE DRIVERS 1 Dreamworld ticket sales2 Dreamworld Dreamworld in-park Last twelve months to Dec-25 reflects the first full growth visitation growth revenue growth year trading performance si
Slide 15: January 2026 YTD Performance
Positive momentum continues into 2H26 JANUARY 2026 YTD PERFORMANCE *UNAUDITED Revenue (excl Specific Items & Govt Subsidies/Grants) January 2026 continued to show growth over the prior period, albeit at more moderate levels, as the business cycles a strong 2H25 following the Storm opening of Riverto
Slide 16: Other Updates
OTHER UPDATES Big Brother Joint initiative with Network 10 and Endemol Shine Australia to host Big Brother at Dreamworld Premiering on 9 November, Big Brother was Network Ten’s biggest reality show since 2023 and its biggest-ever show on 10 streaming, with 5.5 million viewers across its season a
Slide 17: Other Updates – Land Development
OTHER UPDATES Land development1 On 27 October 2025, the Queensland Deputy Premier and Minister for State Development, Infrastructure and Planning called in the Group’s development application This statutory process is ongoing, with the Minister’s final decision expected prior to the end of the f
Slide 18: Appendices
APPENDICES 18
Slide 19: Segmented Results – 1H26
APPENDIX 1 Segmented Results – 1H26 Theme Parks & A$m Attractions Corporate Consolidated Segment operating revenue 62.2 - 62.2 Operating EBITDA 11.1 (2.5) 8.7 Depreciation and amortisation (7.0) - (7.0) Amortisation of lease assets (0.2) (0.1) (0.3) Segment EBIT 3.9 (2.5) 1.4 Net interest income 0.6
Slide 20: Segmented Results – 1H25
APPENDIX 1 Segmented Results – 1H25 Theme Parks & A$m Attractions Corporate Consolidated Segment operating revenue 47.7 - 47.7 Segment EBITDA 9.2 (2.2) 7.0 Depreciation and amortisation (5.9) - (5.9) Amortisation of lease assets (0.1) (0.1) (0.2) Segment EBIT 3.2 (2.2) 1.0 Interest income 1.6 Profit
Slide 21: Specific Items by segment – 1H26
APPENDIX 2 Specific Items by segment – 1H26 Theme Parks & Attractions Corporate Consolidated Segment EBITDA has been impacted by the following Specific Items: Unrealised net fair value loss on derivatives - (0.1) (0.1) Restructuring and other non-recurring items (0.2) - (0.2) Net loss on disposal of
Slide 22: Specific Items by segment – 1H25
APPENDIX 2 Specific Items by segment – 1H25 Theme Parks & Continuing Attractions Corporate Operations Segment EBITDA has been impacted by the following Specific Items: Insurance income in relation to FY24 storm damage and business 5.4 - 5.4 interruption FY24 storm related expenses (0.3) - (0.3) Non-
Slide 23: Defined Terms
DEFINED TERMS 23
Slide 24: Defined Terms
DEFINED TERMS Defined Terms Description BF Black Friday Continuing operations Theme Parks & Attractions business and Coast Entertainment Corporate Head Office DTA Deferred tax asset EBITDA Earnings before Interest, Tax, Depreciation and Amortisation EBIT Earnings before Interest and Tax EOFY End of
Slide 25: Disclaimer
DISCLAIMER This information has been prepared for general information purposes only, is not general financial product advice and has been prepared by Coast Entertainment Holdings Limited (ABN 51 628 881 603) (CEH), without taking into account any potential investors’ personal objectives, financial s
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