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LIND - Lindblad Expeditions...

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Lindblad Expeditions Holdings, Inc.

LIND

NASDAQ

Lindblad Expeditions Holdings, Inc. provides expedition cruising and land-based adventure travel experiences. The company delivers voyages through a fleet of ten owned expedition ships and five seasonal charter vessels under the Lindblad brand; and operates eco-conscious expeditions and nature focused small-group tours under the Natural Habitat brand. The company also provides luxury cycling and adventure tours worldwide under the DuVine name; active small group and private custom journeys throughout the United States national park under the Off the Beaten Path brand name; and curated active small group and private custom journeys that are centered around cinematic walks led by the local guides under the Classic Journeys name. The company has a strategic alliance with the National Geographic Society. Lindblad Expeditions Holdings, Inc. was founded in 1979 and is headquartered in New York, New York.

9.2 USD

0.24 (2.61%)

Operating Data

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

82.36M

147.11M

421.5M

569.54M

644.73M

1.01B

1.58B

2.48B

3.89B

6.1B

Revenue %

-

78.62

186.53

35.12

13.2

56.74

56.74

56.74

56.74

Ebitda

-61.12M

-57.06M

-19.94M

54.12M

74.1M

-195.51M

-306.44M

-480.31M

-752.82M

-1.18B

Ebitda %

-74.21

-38.79

-4.73

9.5

11.49

-19.35

-19.35

-19.35

-19.35

Ebit

-93.25M

-96.61M

-64.59M

6.61M

21.54M

-356.7M

-559.09M

-876.29M

-1.37B

-2.15B

Ebit %

-113.23

-65.67

-15.32

1.16

3.34

-35.3

-35.3

-35.3

-35.3

Depreciation

32.13M

39.55M

44.65M

47.51M

52.56M

187.93M

294.56M

461.68M

723.62M

1.13B

Depreciation %

39.02

26.88

10.59

8.34

8.15

18.6

18.6

18.6

18.6

Balance Sheet

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Total Cash

187.53M

150.75M

100.77M

156.84M

183.94M

565.84M

886.89M

1.39B

2.18B

3.41B

Total Cash %

227.71

102.48

23.91

27.54

28.53

56

56

56

56

Receivables

-

-

-

-

-

-

-

-

-

-

Receivables %

-

-

-

-

-

-

-

-

-

Inventories

7.64M

10.55M

11.93M

5.44M

-

40.9M

64.1M

100.47M

157.48M

246.82M

Inventories %

9.28

7.17

2.83

0.95

-

4.05

4.05

4.05

4.05

Payable

5.29M

9.69M

16.6M

16.15M

13.86M

44.32M

69.47M

108.88M

170.66M

267.49M

Payable %

6.42

6.59

3.94

2.84

2.15

4.39

4.39

4.39

4.39

Cap Ex

-155.48M

-96.69M

-38.2M

-29.96M

-33.52M

-374.4M

-586.82M

-919.77M

-1.44B

-2.26B

Cap Ex %

-188.79

-65.73

-9.06

-5.26

-5.2

-37.05

-37.05

-37.05

-37.05

Weighted Average Cost Of Capital

Price

9.2

Beta

Diluted Shares Outstanding

53.82M

Costof Debt

7.29

Tax Rate

After Tax Cost Of Debt

7.29

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

627.3M

Total Equity

495.12M

Total Capital

1.12B

Debt Weighting

55.89

Equity Weighting

44.11

Wacc

11.7

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

82.36M

147.11M

421.5M

569.54M

644.73M

1.01B

1.58B

2.48B

3.89B

6.1B

Ebitda

-61.12M

-57.06M

-19.94M

54.12M

74.1M

-195.51M

-306.44M

-480.31M

-752.82M

-1.18B

Ebit

-93.25M

-96.61M

-64.59M

6.61M

21.54M

-356.7M

-559.09M

-876.29M

-1.37B

-2.15B

Tax Rate

-24.26

-24.26

-24.26

-24.26

-24.26

-24.26

-24.26

-24.26

-24.26

-24.26

Ebiat

-84.94M

-95M

-68.43M

7.99M

26.77M

-349.15M

-547.25M

-857.74M

-1.34B

-2.11B

Depreciation

32.13M

39.55M

44.65M

47.51M

52.56M

187.93M

294.56M

461.68M

723.62M

1.13B

Receivables

-

-

-

-

-

-

-

-

-

-

Inventories

7.64M

10.55M

11.93M

5.44M

-

40.9M

64.1M

100.47M

157.48M

246.82M

Payable

5.29M

9.69M

16.6M

16.15M

13.86M

44.32M

69.47M

108.88M

170.66M

267.49M

Cap Ex

-155.48M

-96.69M

-38.2M

-29.96M

-33.52M

-374.4M

-586.82M

-919.77M

-1.44B

-2.26B

Ufcf

-210.64M

-150.65M

-56.45M

31.58M

48.95M

-546.06M

-837.57M

-1.31B

-2.06B

-3.23B

Wacc

11.7

11.7

11.7

11.7

11.7

Pv Ufcf

-488.86M

-671.3M

-941.96M

-1.32B

-1.85B

Sum Pv Ufcf

-5.28B

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

11.7

Free Cash Flow T1

-3.29B

Terminal Value

-33.91B

Present Terminal Value

-19.5B

Intrinsic Value

Enterprise Value

-24.78B

Net Debt

443.36M

Equity Value

-25.23B

Diluted Shares Outstanding

53.82M

Equity Value Per Share

-468.73

Projected DCF

-468.73 1.02%

DCF Levered

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