Wonderla Holidays reports 71% rise in fourth quarter Gross Revenue at Rs.59.44 crores

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Wonderla Holidays Ltd. – India’s leading Amusement park chain has announced its financial results for the fourth quarter and the financial year ended 31st March 2022.Highlights: MQ’22: Strong rebound in performance despite Omicron variantAchieved 4.94 Lakhs footfall up 59% YoY.Gross Revenue was Rs.59.44 crores up 71% YoY.EBITDA & PAT above the pre-pandemic level. FY’22: Resilient Performance Gross Revenue was Rs.133.30 crores up 198% YoY.EBITDA was positive at Rs.25.97 crores against a negative EBITDA of Rs.22.29 crores during FY21. During the quarter, we recorded 4.94 lakhs footfall (3.11 lakhs in Q4 FY21) despite headwinds fueled by Omicron variant in January 2022. Footfall contribution from both walk-in and groups. EBITDA for MQ’22 was Rs.21.34 crores against Rs.4.03 crores during MQ’21 registering a growth of 429%. EBITDA for FY22 was at Rs 25.97 crores compared to negative EBITDA of Rs.22.29 crores in FY21. Profit After Tax for MQ’22 was Rs.8.51 crores as against loss after tax of Rs.4.87 crores in MQ’21. Loss after tax for FY22 was Rs 9.48 Crores compared to loss after tax of Rs.49.93 crores in FY21. Resort occupancy (42%) and ARR improved; however, remain below pre-pandemic level.

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