Venu Holding Corporation (VENU)

Venu Holding Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	17.83	12.6	8.66
Revenue Growth (YoY)	41.57%	45.52%	-
Cost of Revenue	10.71	7.77	5.36
Gross Profit	7.13	4.83	3.3
Selling, General & Admin	18.83	12.47	6.89
Operating Expenses	34.5	15.96	8.06
Operating Income	-27.38	-11.13	-4.76
Interest Expense	-3.91	-0.33	-0.4
Interest & Investment Income	0.71	0.02	0.01
Other Non Operating Income (Expenses)	-2.37	0.13	0.33
EBT Excluding Unusual Items	-32.95	-11.31	-4.82
Gain (Loss) on Sale of Investments	-	-0.08	0.2
Other Unusual Items	-	-	-3.4
Pretax Income	-32.95	-11.39	-8.02
Earnings From Continuing Operations	-32.95	-11.39	-8.02
Minority Interest in Earnings	2.61	0.86	1.09
Net Income	-30.34	-10.52	-6.92
Net Income to Common	-30.34	-10.52	-6.92
Shares Outstanding (Basic)	35	27	15
Shares Outstanding (Diluted)	35	27	15
Shares Change (YoY)	31.85%	75.90%	-
EPS (Basic)	-0.86	-0.39	-0.45
EPS (Diluted)	-0.86	-0.39	-0.45
Free Cash Flow	-68.73	-36.04	-8.82
Free Cash Flow Per Share	-1.94	-1.34	-0.58
Gross Margin	39.95%	38.31%	38.12%
Operating Margin	-153.51%	-88.37%	-55.03%
Profit Margin	-170.12%	-83.54%	-79.98%
Free Cash Flow Margin	-385.36%	-286.09%	-101.88%
EBITDA	-23.72	-9.25	-3.59
EBITDA Margin	-133.01%	-73.47%	-41.44%
D&A For EBITDA	3.66	1.88	1.18
EBIT	-27.38	-11.13	-4.76
EBIT Margin	-153.51%	-88.37%	-55.03%
Revenue as Reported	17.83	12.6	8.66
Advertising Expenses	-	-	1.01

Updated Dec 23, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q