EVT reports 17 percent Q1 EBITDA growth. EVT stock delivered 13 percent in 12 months
Published on 10/25/2026 at 02:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSHotels remain EVT growth priority
- EVT reported normalised first-quarter EBITDA of AUD 72.50 million on October 23, 2026.
- Thredbo FY27 EBITDA is expected at AUD 16.00 million to AUD 20.00 million.
- EVT stock had a market capitalization of AUD 2.5 billion as of October 23, 2026.
EVT Limited (AU000000EVT1) reported normalised first-quarter EBITDA of AUD 72.50 million, up 17 percent on the prior comparable quarter, while its stock had delivered a 13 percent 12-month return by October 23, 2026, according to The Motley Fool Australia. The update came with the company's annual meeting and placed hotel expansion at the center of its strategy.
Q1 earnings show cinema leverage
The official announcement dated October 23, 2026, said normalized Group EBITDA increased by AUD 10.70 million, or 17 percent, excluding the impact of AASB 16 Leases. Listcorp reported that Entertainment EBITDA rose AUD 20.20 million to AUD 32.00 million, while admissions increased 19 percent.
The division's operating leverage was visible in the comparison with the prior quarter. Hotels EBITDA was AUD 23.90 million, down AUD 0.40 million, with occupancy at 80 percent and average room rates up 3.20 percent.
How large is the hotel platform?
EVT said its hotel operations now comprise more than 100 hotels and 16,000 rooms across Australia and New Zealand. The strategy combines owned brands such as QT, Rydges and Atura with the asset-light Connect Hospitality platform.
The company expects Thredbo's full-year FY27 EBITDA to fall between AUD 16.00 million and AUD 20.00 million, subject to summer and June 2027 conditions. Hotels are expected to deliver another record result, including AUD 13.00 million of incremental EBITDA from strategic investments, according to SureStone Capital.
What dates matter next?
EVT expects Atura Oran Park to open in late October 2026 and QT Parramatta in early 2027. The company also plans hotel openings in Bangkok in 2028, while Rugby World Cup demand in October 2027 is part of its longer-term hotel outlook.
ASX price and valuation
EVT was last at AUD 15.15 on the ASX on October 23, 2026 at 4:12 p.m. AEDT. The finance data placed market capitalization at AUD 2.5 billion, with a 52-week range of AUD 11.22 to AUD 16.15 as of the same date.
The further course of trading is shown by the continuously updated real-time quote of EVT stock.
EVT stock facts
- Company: EVT Limited
- ISIN: AU000000EVT1
- WKN: A2ACRX
- Ticker: EVT
- Primary exchange: ASX
- Market capitalization: AUD 2.5 billion (as of October 23, 2026)
- 52-week range: AUD 11.22-AUD 16.15 (as of October 23, 2026)
- Sector / Industry: Communication Services / Entertainment
- Index membership: S&P/ASX 200
Market context: Market report S&P/ASX 200.
