Completion of GES Sale
Pursuit completed the sale of GES to Truelink Capital for $535 million, allowing the company to eliminate high-cost debt and establish substantial liquidity.
Expansion and New Openings
Pursuit opened a new FlyOver attraction in Chicago and expanded the experience at Sky Lagoon in Iceland, contributing to a 13% year-over-year growth in attractions ticket revenue.
Strong Financial Performance
Full-year revenue grew to $366.5 million, up 5% year-over-year, overcoming the impact of the Jasper wildfire. Adjusted EBITDA guidance for 2025 is expected to see double-digit growth.
Strategic Acquisitions
Completed three strategic tuck-in acquisitions including Eddie's Cafe and the Jasper SkyTram, expanding Pursuit's presence in iconic locations.
Optimized Balance Sheet
Pursuit ended 2024 with a net leverage ratio of approximately zero and a new $200 million undrawn revolver, providing a strong foundation for future growth.