The group posted a £28.2 million pre-tax loss for 2021, compared to a deficit of £15.2 million in 2020.
Intrepid chair Darrell Wade said the company had been put “into hibernation” in March 2020 for 10 months but had received a cash injection from French investors Genairgy in April 2021, which holds a minority share.
Chief executive James Thornton added restarting travel had proved to be “very challenging” but said: “By the end of the year, we had operated in 40 countries and had run 864 trips.”