Overview
Inspirato reports Q3 net loss of $4.5 mln, but adjusted EBITDA loss narrows sharply
Cash operating expenses declined 26% yr/yr, reflecting operational improvements
CFO Michael Arthur resigns, will stay through 2025 for transition
Outlook
Inspirato expects full-year 2025 revenue between $235 mln and $240 mln
Company forecasts 2025 adjusted EBITDA of $2 mln to $4 mln
Inspirato anticipates cash operating expenses of $80 mln to $85 mln for 2025
Result Drivers
COST REDUCTIONS - Cash operating expenses declined by $6.9 mln or 26% yr/yr due to operational improvements
FOREIGN EXCHANGE IMPACT - Weaker U.S. dollar relative to Euro negatively impacted cost of revenue and adjusted EBITDA by $2.0 mln
NEW MEMBERSHIP MODEL - Pre-sales for new Pass membership launched, offering greater value and flexibility
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Net Income | -$4.52 mln | ||
Q3 Adjusted EBITDA | -$88,000 |
Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the leisure & recreation peer group is "buy."
Press Release: ID:nGNX8qFL38
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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