Venu Holding Corporation (VENU)

Venu Holding Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	17.48	12.6	8.66
Revenue Growth (YoY)	101.91%	45.52%	-
Cost of Revenue	10.13	7.77	5.36
Gross Profit	7.34	4.83	3.3
Selling, General & Admin	28.42	14.08	6.89
Operating Expenses	31.33	15.96	8.06
Operating Income	-23.99	-11.13	-4.76
Interest Expense	-2.83	-0.33	-0.4
Interest & Investment Income	0.5	0.02	0.01
Other Non Operating Income (Expenses)	-2.38	0.13	0.33
EBT Excluding Unusual Items	-28.69	-11.31	-4.82
Gain (Loss) on Sale of Investments	-0.06	-0.08	0.2
Other Unusual Items	-	-	-3.4
Pretax Income	-28.75	-11.39	-8.02
Earnings From Continuing Operations	-28.75	-11.39	-8.02
Minority Interest in Earnings	1.88	0.86	1.09
Net Income	-26.87	-10.52	-6.92
Net Income to Common	-26.87	-10.52	-6.92
Shares Outstanding (Basic)	39	27	15
Shares Outstanding (Diluted)	39	27	15
Shares Change (YoY)	155.40%	75.90%	-
EPS (Basic)	-0.69	-0.39	-0.45
EPS (Diluted)	-0.69	-0.39	-0.45
Free Cash Flow	-58.61	-36.04	-8.82
Free Cash Flow Per Share	-1.50	-1.34	-0.58
Gross Margin	42.02%	38.31%	38.12%
Operating Margin	-137.24%	-88.37%	-55.03%
Profit Margin	-153.73%	-83.54%	-79.98%
Free Cash Flow Margin	-335.33%	-286.09%	-101.88%
EBITDA	-21.07	-9.25	-3.59
EBITDA Margin	-120.55%	-73.47%	-41.44%
D&A For EBITDA	2.92	1.88	1.18
EBIT	-23.99	-11.13	-4.76
EBIT Margin	-137.24%	-88.37%	-55.03%
Revenue as Reported	17.48	12.6	8.66
Advertising Expenses	-	2.54	1.01

Source: S&P Capital IQ. Standard template. Financial Sources.