Soho House | 10-Q: FY2025 Q3 Revenue Beats Estimate at USD 370.75 M

Revenue: As of FY2025 Q3, the actual value is USD 370.75 M, beating the estimate of USD 354.8 M.

EPS: As of FY2025 Q3, the actual value is USD -0.1, missing the estimate of USD 0.02.

EBIT: As of FY2025 Q3, the actual value is USD -5.341 M.

Total Revenue: $119.5 million, up 5% from $113.7 million in the prior year period.
Membership Revenues: $56.9 million, up 11% from $51.1 million in the prior year period.
In-House Revenues: $45.0 million, down 3% from $46.6 million in the prior year period.
Other Revenues: $17.5 million, up 10% from $15.9 million in the prior year period.
House-Level Contribution: $31.4 million, up 9% from $28.9 million in the prior year period.
House-Level Contribution Margin: 31%, up from 30% in the prior year period.

Total Revenue: $109.1 million, up 9% from $100.3 million in the prior year period.
Membership Revenues: $36.4 million, up 14% from $31.8 million in the prior year period.
In-House Revenues: $50.3 million, up 4% from $48.3 million in the prior year period.
Other Revenues: $22.4 million, up 11% from $20.2 million in the prior year period.
House-Level Contribution: $23.6 million, up 6% from $22.2 million in the prior year period.
House-Level Contribution Margin: 27%, down from 28% in the prior year period.

Total Revenue: $97.2 million, up 20% from $81.2 million in the prior year period.
Membership Revenues: $14.2 million, up 21% from $11.8 million in the prior year period.
In-House Revenues: $30.8 million, up 20% from $25.7 million in the prior year period.
Other Revenues: $52.2 million, up 19% from $43.7 million in the prior year period.
House-Level Contribution: $5.7 million, up 20% from $4.7 million in the prior year period.
House-Level Contribution Margin: 13%, unchanged from the prior year period.

Total Revenue: $45.0 million, up 18% from $38.3 million in the prior year period.
Membership Revenues: $15.2 million, up 20% from $12.7 million in the prior year period.
Other Revenues: $29.8 million, up 17% from $25.5 million in the prior year period.
House-Level Contribution: $6.7 million, up 35% from $5.0 million in the prior year period.
House-Level Contribution Margin: 94%, up from 90% in the prior year period.

Core Business Focus: The company plans to continue expanding its membership base and opening new Houses, with a focus on maintaining high retention rates and increasing membership fees. The company also aims to enhance its In-House offerings to drive additional revenue from existing members.
Non-Core Business: The company is exploring opportunities to grow its other membership brands, such as Soho Works and Soho Friends, and expand its Scorpios Beach Club concept to new locations.
Strategic Transactions: The company has entered into a merger agreement to become a privately held company, which is expected to provide additional financial flexibility and support long-term growth initiatives.