westical

Dreamworld doesn’t need positive word of mouth? I would have thought that’s exactly what it needs right now.

I must be the odd one out. Single rider hasn’t saved me much time on Rivals.

Why won’t they like it?

Okay, now you’re just taking the piss.

Sure, I’ll play along. Name one ride with better theming than Jurassic Park: The Ride, Revenge of the Mummy, Transformers: The Ride, Harry Potter and the Forbidden Journey, Harry Potter and the Escape from Gringotts, Skull Island: Reign of Kong or The Amazing Adventures of Spider-Man.

Okay, now you’re just taking the piss.

To be fair... Source: https://www.themeparkinsider.com/flume/201204/3016/

Tell that to Soarin’ fans.

Any chance of updating the title with the ride name?

I don’t actually think they found more space...

Must have found some more space.

Thanks, I’ll take a look.

They don't provide sufficient info for an exact amount so I'll have to make a bunch of assumptions. Theme Parks EBITDA was $34,725k. Skypoint was about 9% of Revenue, so let's drop EBITDA by 9% to $31,600k. Corporate costs ($15,144k) are given as a group total. For simplicity let's use a % of Revenue (in this case 2.2%). Theme Parks Revenue was $107,582k, so * 0.91 * 0.022 = $2,154k. Revised EBITDA $29,446k. On the same group basis, Depreciation was 6.9% of Revenue. So $107,582k * 0.91 * 0.069 = $6,755k. EBIT therefore $22,691k. Doing the same with Finance Costs, was also about 2.2% of Revenue. So take off another $2,154k, for a NPBT of $20,537k. There's a bunch of extraordinary items and it's difficult to establish which pertain to Dreamworld. So we'll run with a pre-exceptional figure. For tax a simple calc would be 30%, so $20,537k * 0.7 = NPAT $14,376k. Or using % of Revenue again, NPAT $19.3m. So best guess, $14m to $20m, more than half what Skeeta said. Depreciation and Finance Costs are the big items that can vary the figure significantly. But either way, it's considerably less than $34.7m, let alone $43.0m. Should also point out Theme Parks EBITDA "only" increased 8.5% on the prior year. You could also assume that profits were inflated at Dreamworld because they were underfunding maintenance of rides...

I hope Skeeta doesn’t work in finance?

Dreamworld didn’t make anything close to $43m profit by the way.

Fake news.

Source?

There goes my redemption.

Not as many could afford the $130 entry fee to Outback.

Uptick in ticket sales at Sea World today - https://www.brisbanetimes.com.au/environment/conservation/animals-are-not-entertainment-seaworld-cancels-dolphin-shows-after-protestors-invade-pool-20181215-p50mhu.html

Like an indoor river ride?

An actual WB logo 😮

Most places drop the price when attendance goes down, not jack them up.

Well they just dropped the price, so maybe not.

I’ve been to a function which included Scooby’s queue but not the ride. Think everyone was just happy to have aircon.