Pursuit Attractions and Hospitality, Inc. (PRSU)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	368,544	16,017	23,220	-92,655	-374,094
Revenue	US$ in thousands	366,488	350,285	299,327	507,340	415,435
Net profit margin		100.56%	4.57%	7.76%	-18.26%	-90.05%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $368,544K ÷ $366,488K
= 100.56%

The net profit margin of Pursuit Attractions and Hospitality, Inc. exhibits significant variability over the analyzed period from December 31, 2020, to December 31, 2024.

In 2020, the company experienced a highly negative net profit margin of approximately -90.05%, indicating substantial losses relative to its revenues. This extreme negative margin suggests a challenging financial position, possibly due to operational difficulties, extraordinary expenses, or external factors impacting profitability. The following year, 2021, showed a marked improvement, with the net profit margin narrowing to approximately -18.26%. Although still negative, this indicates the company managed to reduce its losses considerably.

By 2022, the company achieved a positive net profit margin of approximately 7.76%, signifying a turnaround and the ability to generate profit on its revenues. This positive trend continued into 2023, with the margin decreasing slightly to about 4.57%, but remaining within a profitable range.

However, the data for 2024 indicates an extraordinary and potentially anomalous increase in the net profit margin to approximately 100.56%. Such a value suggests that net income exceeded total revenues, which might result from extraordinary gains, non-operational income, asset disposals, or accounting adjustments. It may also point to possible anomalies or errors that would merit further investigation to understand the precise drivers behind this dramatic shift.

Overall, the company's net profit margin trend points to a substantial recovery over the three-year period, progressing from significant losses to consistent profitability. The substantial increase in 2024 warrants additional clarification to determine the sustainability and accuracy of this profit margin level.