Tourism Holdings (THL)•HY26•Released 23 February 2026NPAT up 17%, but deferred fleet capex and inventory destock flatter cashOperating cash flow rose 67% as capex fell to 1.2% of revenue and inventory shed $78m, with management flagging ANZ fleet spend will normalise in H2.Published 23 April 2026Read briefing→
Tourism Holdings (THL)•FY25•Released 25 August 2025Underlying NPAT fell 45% and $54.5M of one-offs drove a $25.8M statutory lossNorth America posted a $34.3M segment loss, operating cash flow fell 83.4% and the dividend was cut from 7c to 4c.Published 23 April 2026Read briefing→
Tourism Holdings (THL)•HY25•Released 25 February 2025NPAT fell 36% on 2% revenue growth as leverage hit 4.2x EBITDAVehicle-sales weakness compressed margins and lifted inventory by $37m, prompting a 44% dividend cut while net debt rose to $477.3m.Published 23 April 2026Read briefing→
Tourism Holdings (THL)•HY24•Released 20 February 2024NPAT up 57.5% but operating cash flow reversed $85m to -$78.8mReported earnings growth was funded by a $64m working-capital build and $146m more borrowings, leaving net debt near 3.4x EBITDA.Published 23 April 2026Read briefing→
Tourism Holdings (THL)•FY24•Released 11 January 2024PBT fell 12.8% as USA segment result collapsedRevenue grew 38.8% to $921.7M but operating earnings declined and net debt rose to $445.9M against EBITDA of $194.4M.Published 23 April 2026Read briefing→