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Coast Entertainment Holdings Limited (ASX:CEH)

ALERT: Price-sensitive ASX Announcement for CEH
Current share price for CEH : $0.435 -0.11 (-20.18%)+
Release
13 Feb 2026 8:41AM
Price at Release
$0.545
Full Release
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Summary
Coast Entertainment Holdings Limited (CEH) reported strong financial results for the first half of fiscal year 2026. The company's theme parks and attractions, including Dreamworld, WhiteWater World, and SkyPoint, saw significant growth in both revenue and attendance. Operating revenue for 1H26 was $62.2 million, up 30.2% from the prior period, driven by increased ticket sales and visitation. EBITDA excluding Specific Items reached $11.2 million, a 169% increase, surpassing the full-year results for FY25. The company maintained a strong balance sheet with $37.6 million in cash and a renewed $20 million bank loan facility. Notable events included the launch of the 'King Claw' attraction and strategic partnerships, such as the collaboration with the Australian Olympic Committee. CEH's focus on new attractions, enhanced marketing, and operational improvements has contributed to the positive momentum and financial performance.
Key Points
  • Operating revenue for 1H26 was $62.2 million, up 30.2% year-on-year.
  • EBITDA excluding Specific Items increased by 169% to $11.2 million.
  • CEH reported a net profit of $3.2 million for the period.
  • The company launched the 'King Claw' attraction in December 2025.
  • CEH renewed its bank loan facility, increasing it to $20 million.
  • The company formed a strategic partnership with the Australian Olympic Committee.
  • Total visitation increased by 44.4%, setting new attendance records.
  • CEH's balance sheet remains strong with $37.6 million cash on hand.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.