Soho House Earnings Reports

Soho House & Co Inc. announced third quarter 2024 results, featuring a 13.6% year-over-year revenue growth to $333.4 million. Membership revenues increased by 16.7% to $107.4 million, and the company achieved its highest ever quarterly Adjusted EBITDA of $48.3 million. Net income attributable to Soho House & Co Inc. was $0.2 million, or $0.00 per share.

Soho House & Co. reported a 5.6% year-over-year increase in total revenues, reaching $305.1 million. Membership revenues grew by 16.1% to $103.6 million, and the company opened new Soho House locations in Sao Paulo and Bodrum. The company's Adjusted EBITDA was $33.3 million, up from $31.756 million in Q2 2023.

Soho House & Co reported a 3.1% year-over-year increase in total revenues, reaching $263.1 million, driven by a 20.4% increase in membership revenues. Soho House membership grew 17% year-on-year with waitlist surpassing 100,000. The company's net loss attributable to Soho House & Co Inc. was $46.0 million, or $0.24 per share, and Adjusted EBITDA was $19.3 million.

Soho House's shareholder letter, addressed concerns about profitability despite successful mature houses, discusses the potential for going private, and addresses a potential leak from the special committee process.

Soho House & Co Inc. announced its Q3 2023 results, demonstrating strong financial performance. Total revenues reached $301.0 million, a 13.1% increase year-over-year, driven by membership and in-house revenue growth. The company's membership base expanded to 255,252, with Soho House members totaling 184,542. Adjusted EBITDA more than doubled to $42.1 million, reflecting improved operational efficiency and profitability.

Soho House & Co Inc. reported strong second-quarter results with significant growth in membership and revenues. Total revenues increased by 18.5% year-over-year, driven by membership revenues growth of 35.4%. Adjusted EBITDA more than doubled compared to the second quarter of 2022. The company also increased its annual guidance for membership, total revenues, and Adjusted EBITDA.

Membership Collective Group's first quarter 2022 showed significant growth, with total revenue increasing by 165.2% compared to the first quarter of 2021. The company welcomed over 16,000 new members and opened two new Soho Houses. MCG introduced fiscal 2022 guidance based on the first quarter performance and current trading.

Membership Collective Group Inc. reported a 57% increase in total revenue to $180 million compared to the third quarter of 2020. The growth was driven by a rebound in In-House Revenue, which increased by 122%. Total members increased by 16,663 in the quarter to 144,503. The company reported a net loss of $76 million and an Adjusted EBITDA of $9 million.

Membership Collective Group reported strong total revenue growth driven by a significant rebound of In-House Revenue. The company successfully completed its Initial Public Offering and opened two new Soho Houses in London and Austin.