Six Flags Entertainment, the largest regional amusement park operator in North America, has released its Q4 earnings, following a merger with Cedar Fair.
It saw net revenues increase to $687m, of which $324m relates to the legacy Six Flags operations added in the merger.
The company reported a net loss of $264m, while adjusted EBITDA rose to $209m, reflecting the merger’s impact and operational efficiencies.
The company also provided guidance for its Adjusted EBITDA for 2025, targeting between $1.08 billion and $1.12 billion.
Attendance totalled 10.7 million guests, five million of whom attended legacy Six Flags parks added in the merger.
“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 A 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.
“We successfully achieved more than $50m in gross cost synergies and drove meaningful improvement in guest satisfaction scores and higher guest demand.”
Six Flags Entertainment has 27 amusement parks, 15 water parks, and nine resort properties across the US, Canada, and Mexico, offering a variety of thrilling experiences and attractions.
