Experience Co Sees Revenue Rise Amid Skydiving Weakness

Experience Co's revenue rose by 1% to $29.4 million in its fourth quarter, driven by growth across Adventure Experiences, which offset softer trading at Skydive Australia.

The company reported that Adventure Experiences revenue increased by 5% during the quarter and 6% for FY26, while the Skydiving segment saw respective declines of 4% and 2%. Skydive Australia's quarterly revenue fell to $14.2 million from $14.7 million a year earlier.

Experience Co cited weather disruption, higher fuel costs, wage inflation, and additional promotional activity as factors contributing to the decline in earnings. Unaudited underlying EBITDA fell 31% to $2.0m during the quarter.

The company implemented cost-saving measures, including a group-wide cost-out program, tactical promotional campaigns, targeted rate increases, and a focus on customer ancillary spending. Skydive New Zealand delivered 17% revenue growth and a 25% volume increase during FY26.