InvestSMART

Coast Entertainment Holdings Limited (ASX:CEH)

ALERT: Price-sensitive ASX Announcement for CEH
Current share price for CEH : $0.480 -0.065 (-11.93%)+
Release
13 Feb 2026 8:40AM
Price at Release
$0.545
Full Release
download
Summary
Coast Entertainment Holdings Limited reported a significant performance in the first half of FY26, with a 30.2% increase in operating revenue to $62.2 million. The Theme Parks & Attractions sector saw a 169.0% rise in EBITDA to $11.2 million, while the consolidated group's EBITDA rose by 368.2% to $8.7 million, despite corporate cost increases. This resulted in a net profit after tax of $3.2 million, slightly up by 1.4%. The company saw a substantial uplift in deferred revenue, largely due to a 46.6% increase in ticket sales. Dreamworld's launch of King Claw and strategic partnerships, coupled with robust domestic demand, propelled the company's growth. Despite international visitation still below historical levels, the company maintained strong guest satisfaction scores and remains optimistic about future performance. The bank loan facility was increased to $20 million but remained undrawn, indicating strong cash flow management. January year-to-date figures showed further positive growth with a 32% increase in visitation and 36% in ticket sales.
Key Points
  • Operating revenue increased 30.2% to $62.2 million against the previous period.
  • Theme Parks & Attractions EBITDA increased 169.0% to $11.2 million.
  • Consolidated Group EBITDA increased 368.2% to $8.7 million.
  • Net profit after tax was $3.2 million, a 1.4% increase.
  • Deferred revenue increased by 42.8% to $21.8 million.
  • Dreamworld launched King Claw, enhancing brand profile.
  • Bank loan facility increased to $20 million, fully undrawn.
  • January YTD visitation increased 32%, ticket sales up 36%.
  • Partnership announced with the Australian Olympic Committee.
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.