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Tourism Holdings (THL) briefings

Read that company's published results in release order, newest first.

Tourism Holdings (THL)FY26Released 25 August 2026

PBT growth of n/m reflects a one-off-depressed FY25 base

Underlying recovery looks real but net debt of $434.9M still sits above thl's own sub-$400M target and ROFE of 8.7% trails its 15% goal.

Published 25 August 2026

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Tourism Holdings (THL)HY26Released 23 February 2026

NPAT up 17%, but deferred fleet capex and inventory destock flatter cash

Operating 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 2026

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Tourism Holdings (THL)FY25Released 25 August 2025

Tourism Holdings' PBT collapses to a $4.9m loss on a North America slump

Revenue grew 1.7% but PBT fell 108.5% and leverage rose to 3.2x net debt/EBITDA, squeezing financial headroom.

Published 23 April 2026

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Tourism Holdings (THL)HY25Released 25 February 2025

Margin compression across core segments drove a 37.1% PBT decline

Earnings fell sharply as leverage rose to 4.21x EBITDA and the interim dividend was cut 44.4%.

Published 23 April 2026

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Tourism Holdings (THL)HY24Released 20 February 2024

NPAT up 57.5% but operating cash flow reversed $85m to -$78.8m

Reported earnings growth was funded by a $64m working-capital build and $146m more borrowings, leaving net debt near 3.4x EBITDA.

Published 23 April 2026

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Tourism Holdings (THL)FY24Released 11 January 2024

PBT fell 12.8% as USA segment result collapsed

Revenue 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 2026

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