LINDLindblad Expeditions Holdings, Inc.

$972M

Q3 2022 Earnings

Consumer Cyclical Travel Services

Income Statement

Revenue

$145M+124.4% YoY

Gross Profit

$57M39.5% margin

Operating Income

$6M4.0% margin

Net Income

-$9M-6.0% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

+59.3%

Cash Flow

Operating Cash Flow

-$18M

Free Cash Flow

-$24M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$812M

Total Liabilities

$867M

Stockholders' Equity

-$87M

Cash & Equivalents

$116M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$145M	$65M	+124.4%
Gross Profit	$57M	$19M	+202.6%
Operating Income	$6M	-$18M	+132.9%
Net Income	-$9M	-$24M	+64.1%

Revenue Segments

Lindblad Segment

$84M58%

Land-experience

$61M42%

LIND Q3 2022 Earnings — Lindblad Expeditions Holdings, Inc. Revenue & Financial Results | Market Cap Arena