Pursuit Q1 revenue up 0.9% to $37.6M, net loss widens; reaffirms FY2025 adjusted EBITDA $98-108M

Pursuit Attractions & Hospitality, Inc.

2025-Q1 EPS reported -$1.11 revenue$37,579,000

Revenue $37.6M (+0.9% YoY); net loss attributable to Pursuit $31.1M vs $25.1M; adjusted net loss $26.9M vs $25.4M.
Adjusted EBITDA negative $17.5M, down $2.9M YoY due to inflationary costs and seasonal losses from new businesses.
Reaffirmed FY2025 adjusted EBITDA guidance $98-108M, representing ~$21-31M growth vs 2024's $77.1M.
Three late-2024 tuck-in acquisitions (Jasper SkyTram, Eddie's Cafe & Mercantile, Montana House) integrated; Jasper SkyTram opened in March.

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