secwatch.observer — SEC 8-K summary
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Issuer:     LINDBLAD EXPEDITIONS HOLDINGS, INC. (LIND)
CIK:        0001512499
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001437749-23-004836
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lindblad FY2022 revenue $421.5M, net loss improves to $116.1M; guides FY2023 EBITDA $70-80M
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- Full year 2022 revenue $421.5M (+187% YoY); net loss $116.1M ($2.23/share) improved from $124.7M loss in 2021.
- Q4 2022 revenue $118.0M (+80% YoY); net loss $33.2M vs $27.8M loss in prior year quarter.
- Adjusted EBITDA loss FY2022 $11.5M (improved $52.5M); FY2023 guidance: revenue $550-575M, EBITDA $70-80M.
- Lindblad net yield $978/guest night (+11%); 2023 bookings 47% ahead of 2019 at same point.
- Issued $360M 6.75% senior secured notes due 2027 to refinance debt; $87.2M cash, $565.8M total debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512499/000143774923004836/0001437749-23-004836-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512499/000143774923004836/lindb20230126_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-004836

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer