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Ardent Leisure Analysis

In:

Submitted By Konyango7
Words 2795
Pages 12
Financial History Analysis: Ardent Leisure
Name
Institution

Introduction
Ardent Leisure Limited is accredited as being one of the most successful owner and operators of premium leisure assets in Australia, New Zealand and the United States. By 2013 the firm had operations in ten cities in Australia and two in New Zealand. In addition it had operation in two state in the US located in 6 cities.
Segments
The firm’s business is divided into 6 segments
Family entertainment centres

2015

Change
%
2014

Change
%
2013

Change
%
2012

Change
%
2011

Total revenue
143,612
60.9
89,254

73543
29.8
56659

EBITDA (excl. pre-operating expenses)
52,043
53. 3
33513

26669
32.6
20117

Operating margin
36.2%

37.5%

36.3%

35.5%

Property cost
-15,352
38.2
-11,112

-9513
29.9
-7322

EBITDA
36,691
63.8
22,401

17156
34.1
12795

The total revenue attributed to family entertainment centres grew in in 2015 resulting in a 63.8 percent growth in EBITDA. This growth was due to success in the constant centres and the performance of new centres that had been opened during fiscal year 2015. The growth in revenue attributed to constant centres was due to the introduction of a new core food menu, remodelling and an influx on the contribution of amusement games. Customer expenditure was driven by the growth in league events (for corporates and groups) and an increase in value based promotion.
In 2013, the total revenue grew by 29.8 percent due to new development and improved performance by the constant centres. Revenue attributed to constant centres increased by 4.5 percent due to an influx of customer expenditure on value-based limited time promotions, amusement games and an improvement of the range of food and beverage offed at the centres. The margins continued to grow due to growth

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