Filing Flows › Pursuit Attractions & Hospitality (PRSU) › Q1 2025
Pursuit Attractions & Hospitality (PRSU) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Pursuit Attractions & Hospitality (PRSU) reported revenue of $37.6M for the first quarter 2025 (Q1 2025), +0.9% from a year earlier. Operating margin was -88.0%, net loss $31.4M (83.4% of revenue).
Pursuit Attractions & Hospitality, Q1 2025: revenue $37.6M (+0.9% year over year), operating margin -88.0%, net loss $31.4M, operating cash flow −$24.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $37.6M | — | +0.9% |
| Operating profit | −$33.1M | — | — |
| Net earnings | −$31.4M | — | — |
| Operating cash flow | −$24.4M | — | — |
What changed
Revenue was $37.6M in Q1 2025, up 1% year over year. Service was the largest line at 79% of revenue. Service added $750K year over year (up 3%), 216% of the total change. Product declined 5%.
Operating costs exceeded revenue by $33.1M, an operating margin of -88.0%. Total costs grew 55% against revenue growth of 1%. The fastest-growing cost line was Other operating costs (+56%). The quarter ended with a net loss of $31.4M. Minority interests bore $216K of it: to shareholders the quarter was a loss of $31.1M.
Operating cash flow was −$24.4M. Non-cash charges added back $11.0M of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items used $6.5M. Capital expenditures of $9.9M exceeded it, leaving free cash flow of −$34.3M.
Questions
What was Pursuit Attractions & Hospitality's revenue in the first quarter 2025?
Pursuit Attractions & Hospitality (PRSU) reported revenue of $37.6M for the first quarter 2025 (Q1 2025), +0.9% from a year earlier.
Was Pursuit Attractions & Hospitality profitable in the first quarter 2025?
Operating loss was $33.1M (-88.0% of revenue) and net loss $31.4M.
Source: Pursuit Attractions & Hospitality 10-Q on SEC EDGAR.