Lindblad Expeditions Holdings, Inc. (LIND)

LIND Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	702.28	644.73	569.54	421.5	147.11	82.36
Revenue Growth (YoY)	18.74%	13.20%	35.12%	186.53%	78.62%	-76.00%
Cost of Revenue	360.51	343.67	322.38	283.22	124.48	72.93
Gross Profit	341.77	301.05	247.17	138.28	22.62	9.43
Selling, General & Admin	241.37	221.24	189.86	157.29	93.93	65.74
Operating Expenses	298.94	273.8	236.57	201.33	133.45	97.82
Operating Income	42.83	27.25	10.6	-63.05	-110.83	-88.4
Interest Expense	-46.08	-45.74	-45.01	-37.5	-24.58	-16.69
Currency Exchange Gain (Loss)	0.49	-1.07	0.75	-1.24	-1.27	-4.77
Other Non Operating Income (Expenses)	0.18	0.16	-4.07	-0.31	15.49	-0.08
EBT Excluding Unusual Items	-2.58	-19.39	-37.73	-102.08	-121.19	-109.95
Merger & Restructuring Charges	-2.9	-2.7	-	-	-	-
Legal Settlements	-3	-3	-	-	-	-
Pretax Income	-8.48	-25.09	-37.73	-102.08	-121.19	-109.95
Income Tax Expense	-2.53	3.1	3.15	6.08	-2.02	-9.81
Earnings From Continuing Operations	-5.95	-28.2	-40.88	-108.16	-119.17	-100.14
Minority Interest in Earnings	-3.94	-2.98	-4.73	-3.22	-0.04	1.4
Net Income	-9.89	-31.18	-45.61	-111.38	-119.21	-98.74
Preferred Dividends & Other Adjustments	4.78	4.64	4.37	4.67	5.46	1.71
Net Income to Common	-14.67	-35.82	-49.98	-116.05	-124.67	-100.44
Shares Outstanding (Basic)	54	54	53	52	50	50
Shares Outstanding (Diluted)	54	54	53	52	50	50
Shares Change (YoY)	1.82%	1.05%	2.38%	3.81%	0.75%	0.63%
EPS (Basic)	-0.27	-0.67	-0.94	-2.23	-2.49	-2.02
EPS (Diluted)	-0.27	-0.67	-0.94	-2.23	-2.49	-2.02
Free Cash Flow	58.62	58.84	-4.52	-40.41	-64.19	-247.74
Free Cash Flow Per Share	1.08	1.09	-0.09	-0.78	-1.28	-4.98
Gross Margin	48.67%	46.70%	43.40%	32.81%	15.38%	11.44%
Operating Margin	6.10%	4.23%	1.86%	-14.96%	-75.34%	-107.34%
Profit Margin	-2.09%	-5.56%	-8.78%	-27.53%	-84.74%	-121.96%
Free Cash Flow Margin	8.35%	9.13%	-0.79%	-9.59%	-43.64%	-300.81%
EBITDA	100.41	79.82	57.31	-19	-71.31	-55.59
EBITDA Margin	14.30%	12.38%	10.06%	-4.51%	-48.47%	-67.50%
D&A For EBITDA	57.58	52.56	46.71	44.04	39.53	32.81
EBIT	42.83	27.25	10.6	-63.05	-110.83	-88.4
EBIT Margin	6.10%	4.23%	1.86%	-14.96%	-75.34%	-107.34%
Advertising Expenses	-	39.4	33.2	31.6	19.1	9.3

Updated Aug 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q