westical

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.

Wouldn’t RM have paid them?

Inside hedges. Love your work MW.

I see you’ve used Movie World’s loose definition of attractions, then excluded the same type from USS’s count.

Paging @joz