Six Flags Entertainment Corporation has reported its results for the 2024 fourth quarter and announced an investor day for 2025.
Following its merger with Cedar Fair, the new Six Flags oversees 27 amusement parks, 15 water parks, and nine resort properties across 17 US states, Canada and Mexico.
The combined company, which is valued at around $8 billion including debt, has reported net revenue of $687 million for the fourth quarter ended 31 December 2024.
“Strong fourth-quarter results”
Net loss attributable to the combined company totalled $264m, while adjusted EBITDA was $209m. Total attendance was 10.7 million guests.
“Our strong fourth-quarter results reflect an outstanding October performance and the incredible popularity of our fall and Halloween-themed events,” said Six Flags president and CEO Richard Zimmerman.
“We ended the year as the new Six Flags on a high note, delivering on our goal of improving demand and increasing in-park guest spending levels, while operating our parks more efficiently.”
In November, Six Flags revealed plans to invest more than $1 billion over the next two years across its network of 42 theme parks.
In 2025, the company will introduce “an exciting lineup of new rides and attractions, including compelling new marketable products at 11 of our 14 largest locations”, Zimmerman said.
He added, “Our investments in new thrills and experience-enhancing initiatives demonstrate our commitment to delivering world-class entertainment for guests and meaningful growth and value creation for shareholders.”
New rides and attractions in 2025
Six Flags has also announced it will host an investor day at Cedar Point on 20 May, where it will “share our vision or the future of Six Flags”, Zimmerman said.
“I am so proud of everything our team has accomplished to date, and excited about the tremendous opportunities ahead for Six Flags,” he said.
Images courtesy of Six Flags
