Intrepid Group Posts Results for the First Time

Intrepid Group, the world’s largest adventure company,  has announced its results for the first time, posting a $10.7m pre-tax profit on revenues of $341m for 2017. Revenue grew quickly year on year, up almost 15%, however pre-tax earnings growth was subdued at 1.7%, suggesting an increase in costs.

Pax numbers were extremely healthy, reaching almost 300,000, representing overall growth of 35%.

Urban Adventures, which offers day tours, was the star performer, increasing passenger numbers by 62% to 172,000.

Southeast Asia is Intrepid’s best selling destination followed by South America, Southern Asia and Southern Europe.

Meanwhile, the Intrepid Foundation not-for-profit raised almost $1m in 2017 for international charities.

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