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Tourism Holdings Limited ( (AU:THL) ) has shared an announcement.
Tourism Holdings Limited reported a statutory net loss of $25.8 million for FY25, largely due to non-cash impairments and deferred tax asset adjustments. Despite a challenging year marked by global market instability and a downturn in the retail RV market, the company saw a 10% increase in rental revenue. Strategic initiatives are underway to address underperforming divisions and improve financial performance, with a focus on cost reduction and digital transformation. The company aims to exceed $100 million in annualized NPAT over the next few years, with expectations of a recovery in international travel driving future growth.
The most recent analyst rating on (AU:THL) stock is a Hold with a A$2.12 price target. To see the full list of analyst forecasts on Tourism Holdings Limited stock, see the AU:THL Stock Forecast page.
More about Tourism Holdings Limited
Tourism Holdings Limited (thl) operates in the tourism industry, primarily focusing on the rentals business, which is driven by international travel. The company manages a fleet of vehicles and is involved in retail RV sales and manufacturing, with operations in markets such as North America, the UK, Ireland, Australia, and New Zealand.
Average Trading Volume: 38,384
Technical Sentiment Signal: Buy
Current Market Cap: A$437.3M
See more data about THL stock on TipRanks’ Stock Analysis page.