Experience Co. (ASX: EXP) Stock Analysis: Small-Cap Mailbag

Experience Co. (ASX: EXP) is a tourism business that offers leisure activities such as skydiving, tree top adventures, trips through the rainforest, and boat tours to the Great Barrier Reef. 

Experience Co. operates largely in Australia, with two skydiving operations in popular tourist destinations Queenstown and Wanaka, New Zealand.

It has been a tough time for Experience Co. (ASX: EXP) since Covid-19 lockdowns and travel restrictions. Visitors are returning to Australia, but numbers are still not quite back to pre-Covid levels. Revenue has been increasing since Covid-19 lockdowns finished, but this has been hampered by a sluggish economy, and some challenging weather in FY2024.

Despite the revenue recovery,…

Source link