Experience Co Ltd Annual Shareholders Meeting Transcript
(audio in progress) you represent along with your question. (Event Instructions) I encourage shareholders to submit online questions as soon as possible. Voting will be conducted by a poll on all items of business. I declare the poll open, and you may now vote on all the resolutions.
I confirm that a representative of Boardroom Proprietary Limited has been appointed to act as Returning Officer for conducting and determining the results of the poll. The FY23 annual report provided a comprehensive overview of the performance of the business in FY23, and John will expand on this in his presentation. I will therefore only provide a high-level summary today.
FY23 was the first financial year since FY19 that the business was not impacted by the pandemic restrictions. The business experienced the strongest trading volumes since FY19, delivering a 95% increase year-on-year revenue and underlying EBITDA of $11.3 million. Tropical North Queensland and New Zealand were standout recovery markets in FY23.
As international inbound markets
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