Filing Flows › Venu Holding (VENU) › Q4 2024
Venu Holding (VENU) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Venu Holding (VENU) reported revenue of $4.3M for the fourth quarter 2024 (Q4 2024), +9% from a year earlier and -22% from the quarter before. Operating margin was -149.6%, net loss $7.3M (171.9% of revenue).
Venu Holding, Q4 2024: revenue $4.3M (+9% year over year), operating margin -149.6%, net loss $7.3M, operating cash flow −$9.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.3M | -22% | +9% |
| Operating profit | −$6.4M | — | — |
| Net earnings | −$7.3M | — | — |
| Operating cash flow | −$9.6M | — | — |
What changed
Revenue was $4.3M in Q4 2024, up 9% year over year and down 22% from the previous quarter. Food and Beverage was the largest line at 63% of revenue.
Operating costs exceeded revenue by $6.4M, an operating margin of -149.6%. Total costs grew 54% against revenue growth of 9%. The quarter ended with a net loss of $7.3M, wider than the previous quarter's $4.5M loss. Minority interests bore $1.0M of it: to shareholders the quarter was a loss of $6.3M.
Operating cash flow was −$9.6M. Non-cash charges added back $1.3M of depreciation and amortization and $8.1M of share-based compensation. Working capital and other items used $11.6M. Capital expenditures of $10.9M exceeded it, leaving free cash flow of −$20.4M.
Questions
What was Venu Holding's revenue in the fourth quarter 2024?
Venu Holding (VENU) reported revenue of $4.3M for the fourth quarter 2024 (Q4 2024), +9% from a year earlier and -22% from the quarter before.
Was Venu Holding profitable in the fourth quarter 2024?
Operating loss was $6.4M (-149.6% of revenue) and net loss $7.3M.
Source: Venu Holding 10-K on SEC EDGAR.