Pursuit Q1 revenue rises 0.9% to $37.6 million as net loss widens to $31.1 million
Pursuit Attractions and Hospitality reported first-quarter 2025 results on May 8, 2025, with revenue up 0.9% to $37.6 million. The net loss attributable to Pursuit widened to $31.1 million from $25.1 million, and adjusted EBITDA was negative $17.5 million versus negative $14.6 million a year earlier. The company reaffirmed its full-year 2025 guidance of Adjusted EBITDA of $98 million to $108 million, so shareholders saw higher revenue alongside wider losses.
Key points
- Revenue was $37.6 million, up $0.3 million (0.9%) from $37.2 million in the first quarter of 2024.
- Net loss attributable to Pursuit was $31.1 million, compared with $25.1 million a year earlier; diluted loss per share was $1.11 versus $1.29.
- Adjusted EBITDA was negative $17.5 million, compared with negative $14.6 million, with transaction-related costs of $4.9 million cited in SG&A.
- Full-year 2025 guidance was reaffirmed: Adjusted EBITDA of $98 million to $108 million and revenue up low-double digits.
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 08, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.