Lindblad Expeditions Holdings, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $256.7M | $183.9M | $156.8M | $87.2M | $150.8M | $187.5M | $101.6M | $113.4M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | $2.0M | $2.3M | $2.2M | $2.0M | $1.6M |
| Total Current Assets | $367.9M | $278.4M | $244.5M | $183.3M | $210.3M | $229.2M | $146.6M | $150.2M |
| Property, Plant & Equipment | $522.1M | $518.4M | $526.0M | $539.4M | $542.4M | $482.7M | $357.8M | $286.0M |
| Goodwill | $60.6M | $59.0M | $42.0M | $42.0M | $42.0M | $22.1M | $22.1M | $22.1M |
| Intangible Assets (Excl. Goodwill) | $16.6M | $15.9M | $9.4M | $11.2M | $13.2M | $4.8M | $6.4M | $8.0M |
| Total Assets | $980.0M | $876.9M | $831.3M | $788.0M | $827.5M | $757.4M | $548.7M | $473.4M |
| Liabilities | ||||||||
| Accounts Payable | $22.2M | $13.9M | $16.2M | $16.6M | $9.7M | $5.3M | $14.6M | $9.3M |
| Total Current Liabilities | $461.6M | $392.5M | $319.2M | $341.1M | $289.5M | $155.8M | $182.9M | $159.4M |
| Long-Term Debt | $662.7M | $625.4M | $621.8M | $529.5M | $518.7M | $471.4M | $213.5M | $188.1M |
| Total Liabilities | $1.13B | $1.02B | $945.1M | $873.6M | $811.5M | $631.2M | $409.3M | $350.9M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-411.4M | $-362.9M | $-322.2M | $-266.5M | $-136.4M | $-11.6M | $81.7M | $75.2M |
| Total Stockholders' Equity | $-284.5M | $-253.1M | $-225.1M | $-182.7M | $-78.6M | $35.0M | $123.3M | $116.0M |