MARKETS / NASDAQ / LIND
NASDAQ · TRANSPORTATION SERVICES · MID CAP

Lindblad Expeditions Holdings, Inc. LIND

14 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$771.0M
▲ 19.6% vs FY2024
EPS · FY25
$-0.63
Dividend / sh · FY25
Payout · FY25
ROE · FY25
Net margin · FY25
-3.9%
Dividend coverage
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Result
USD 771.0M
Revenue, FY2025 · full 14-year series below
Revenue Net income
0.20.40.60.80.8-0.0201220152018202120242025
0.20.40.60.80.8-0.02016201920222025

The company lost 4 cents on every revenue dollar this year.

Per share
USD -0.63
Diluted EPS, FY2025
EPS
0.40.81.2-0.63201220152018202120242025
0.40.81.2-0.632016201920222025

The company pays no cash dividend.

Profitability
Return on equity, FY2025
ROE
10203040201220152018202120242025
102030402016201920222025
Operating margin5.9%
Net margin-3.9%
Return on assets-3.2%

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
+56.4% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+22.3%
+56.4%
+13.9%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.06B
Shares outstanding, FY2025
0.010.06201220152018202120242025
0.050.062016201920222025
Change, 5 years+11.0%
Change, 10 years+22.3%

The share count grew 11% in five years — the same company, cut into more, smaller slices.

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Balance sheet
USD 980.0M
total assets, end of FY2025
Total assetsUSD 980.0M
EquityUSD -284.5M
CashUSD 256.7M
Gross debtUSD 662.7M
Net debtUSD 406.0M
Current ratio0.80×

Net debt stands at -143% of equity.

History
14 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
Revenue $B
0.8
0.6
0.6
0.4
0.1
0.1
0.3
0.3
0.3
0.2
0.2
0.2
0.2
·
Operating income $B
0.0
0.0
0.0
−0.1
−0.1
−0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
−0.0
EBITDA $B
0.1
0.1
0.1
−0.0
−0.1
−0.1
0.1
0.0
0.0
0.0
0.0
0.0
0.0
·
Income tax $B
0.0
0.0
0.0
0.0
−0.0
−0.0
0.0
0.0
0.0
−0.0
−0.0
0.0
0.0
·
Net income $B
−0.0
−0.0
−0.0
−0.1
−0.1
−0.1
0.0
0.0
−0.0
0.0
0.0
0.0
0.0
−0.0
EPS, diluted $
−0.63
−0.67
−0.94
−2.23
−2.41
−2.01
0.28
0.24
−0.19
0.10
0.43
0.44
0.29
·
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
·
·
·
·
·
−124.8
13.7
10.2
−7.9
4.3
21.8
36.1
27.3
−0.0
Shares out B
0.06
0.05
0.05
0.05
0.05
0.05
0.05
0.05
0.04
0.05
0.05
0.04
0.03
0.01

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
47 of 47
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed