Apr 08 2026
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Record-Breaking Year: Amusement Rides Manufacturer Reports 32% Revenue Growth & Expands Global Service Network
Leading Amusement Technologies (LAT) today announced record annual results for fiscal year 2025, with consolidated revenue reaching $485 million — a 32% increase year-over-year. The company attributed the growth to surging demand for energy-efficient roller coasters and expanded service contracts across Asia‑Pacific and the Middle East.
New orders for the “Eco‑Coaster” platform grew 89% in Q4 alone, while recurring revenue from maintenance and retrofits now accounts for 18% of total sales. CEO James Chen stated that the company’s pivot from hardware-only to “ride‑as‑a‑service” solutions has fundamentally reshaped its margin profile.
- **Global service network reaches 22 countries with five new hubs.**
To support the growing installed base of over 3,000 rides worldwide, LAT opened regional service centers in Mexico, Saudi Arabia, Vietnam, Poland, and Nigeria during the past twelve months. The expansion cuts average emergency response time from 72 hours to under 48 hours for contracted customers. All new hubs are equipped with predictive analytics tools and local spare‑parts inventories covering 95% of common failure modes.
More Details
- Revenue from Asia‑Pacific (ex‑China) grew 47%, led by projects in Vietnam and India
- Middle East & Africa revenue surged 89% on Saudi Vision 2030 entertainment megaprojects
- Eco‑Coaster magnetically launched model reduces energy use by 53% vs. conventional designs
- Modu‑Play modular family system sold 89 units, mainly to shopping‑center FECs
- R&D spending reached $62 million (12.8% of revenue), focusing on hydrogen‑assisted drives
- IAAPA awarded LAT “Innovation of the Year” for service standardization and low‑carbon rides
This record year proves that our customers value uptime and sustainability as much as thrill,” said CEO Chen. With 2026 service expansion already planned for Brazil and India, the company expects to maintain double‑digit growth while pushing global average ride availability beyond 98.5%.**
