in 1958 lars-eric lindblad, considered the father of eco travel, founded lindblad travel and pioneered the first non-scientific expeditions to antarctica (1966) and galápagos (1967), subsequently opening the amazon, papua new guinea, china, bhutan, and more to curious, respectful travelers. in 1979, his son sven-olof lindblad founded special expeditions, eventually re-named lindblad expeditions, specializing in ship-based expedition travel. in 2004 lindblad expeditions forged an unprecedented alliance with national geographic with a joint mission “to inspire people to explore and care about the planet through expedition travel.” today the company operates a fleet of 10 ships, including the 148-guest national geographic explorer, the world’s ultimate expedition ship, and the 106-guest national geographic orion, the newest ship in the lindblad-national geographic fleet. all ships sail equipped with sophisticated exploration tools, to provide unique, immersive experiences in the planet’s
Company profile
Ticker
LIND
Exchange
Website
CEO
Sven-Olof Lindblad
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Booking • Expedia • GATX • GXO Logistics • RXO • XPO • Virgin Galactic Holdings Inc - Ordinary Shares • Tuniu • Despegar.com • ModivCare ...
Former names
Capitol Acquisition Corp. II
SEC CIK
Corporate docs
Subsidiaries
Lindblad Expeditions, LLC • Lindblad Maritime Ventures, Inc. • Lindblad Maritime Enterprises, Ltd. • Natural Habitat, Inc. • LEX Quest LLC • LEX Venture LLC • SPEX Sea Bird Ltd. • SPEX Sea Lion Ltd. • Lindblad Global Trading, Inc. • LEX Explorer LLC ...
IRS number
274749725
LIND stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
14 May 24
10-Q
2024 Q1
Quarterly report
1 May 24
8-K
Lindblad Expeditions Holdings, Inc. Reports 2024 First Quarter Financial Results and Total revenue increased 7% to $153.6 million
30 Apr 24
ARS
2023 FY
Annual report to shareholders
25 Apr 24
DEFA14A
Additional proxy soliciting materials
25 Apr 24
DEF 14A
Definitive proxy
25 Apr 24
8-K
Departure of Directors or Certain Officers
22 Apr 24
8-K
Entry into a Material Definitive Agreement
12 Apr 24
EFFECT
Notice of effectiveness
22 Mar 24
10-K/A
2023 FY
Annual report (amended)
21 Mar 24
Transcripts
LIND
Earnings call transcript
2024 Q1
30 Apr 24
LIND
Earnings call transcript
2023 Q4
28 Feb 24
LIND
Earnings call transcript
2023 Q3
2 Nov 23
LIND
Earnings call transcript
2023 Q2
27 Jul 23
LIND
Earnings call transcript
2023 Q1
3 May 23
LIND
Earnings call transcript
2023 Q1
3 May 23
LIND
Earnings call transcript
2022 Q4
28 Feb 23
LIND
Earnings call transcript
2022 Q3
5 Nov 22
LIND
Earnings call transcript
2022 Q2
1 Aug 22
LIND
Earnings call transcript
2022 Q1
3 May 22
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 177.72 mm | 177.72 mm | 177.72 mm | 177.72 mm | 177.72 mm | 177.72 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 1.68 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | 3.24 mm | n/a | n/a |
Cash remaining | n/a | n/a | n/a | 174.48 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | n/a | 103.7 | n/a | n/a |
Institutional ownership, Q4 2023
10.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 11 |
Opened positions | 0 |
Closed positions | 109 |
Increased positions | 3 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 10.02 bn |
Total shares | 5.63 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Mark Ein | 4.72 mm | $0.00 |
Pinnacle Associates | 602.02 k | $6.78 bn |
Hedges Asset Management | 132.80 k | $1.50 bn |
Quent Capital | 73.50 k | $828.35 mm |
Cacti Asset Management | 41.50 k | $472.69 mm |
SG Americas Securities | 19.74 k | $222.00 k |
Villere ST Denis J & Co | 13.74 k | $154.88 mm |
Mirae Asset Global Investments | 12.66 k | $142.67 mm |
Osher Van de Voorde Investment Management | 12.00 k | $135.24 mm |
Carmichael Hill & Associates | 624.00 | $7.03 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 May 24 | Alex P Schultz | Common Stock | Buy | Acquire P | No | No | 7.614 | 3,639 | 27.71 k | 155,333 |
20 May 24 | Alex P Schultz | Common Stock | Buy | Acquire P | No | No | 7.691 | 25,294 | 194.54 k | 151,694 |
15 May 24 | L. Dyson Dryden | Common Stock | Grant | Acquire A | No | No | 0 | 100,000 | 0.00 | 1,065,235 |
15 May 24 | L. Dyson Dryden | Stock Option Common Stock | Grant | Acquire A | No | No | 7.4 | 100,000 | 740.00 k | 50,000 |
15 May 24 | Byus Trey | Stock Option Common Stock | Grant | Acquire A | No | No | 7.4 | 50,000 | 370.00 k | 50,000 |
15 May 24 | Noah Brodsky | Stock Option Common Stock | Grant | Acquire A | No | No | 7.4 | 200,000 | 1.48 mm | 200,000 |
31 Mar 24 | Byus Trey | Common Stock | Sale back to company | Acquire D | No | No | 0 | 3,896 | 0.00 | 134,616 |
31 Mar 24 | Byus Trey | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 3,734 | 0.00 | 138,512 |
29 Mar 24 | Byus Trey | Common Stock | Grant | Acquire A | No | No | 0 | 19,320 | 0.00 | 142,255 |
News
Craig-Hallum Maintains Buy on Lindblad Expeditions, Lowers Price Target to $12
1 May 24
Sportradar Appoints Craig Felenstein As Chief Financial Officer, Effective June 1, 2024; Joins The Company From Lindblad Expeditions, Where He Most Recently Served As CFO
25 Apr 24
Over $10M Bet On This Healthcare Stock? Check Out These 4 Stocks Insiders Are Buying
23 Apr 24
Deutsche Bank Maintains Hold on Lindblad Expeditions, Lowers Price Target to $10
2 Apr 24