| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 3.90 | 11.4% |
| Total Income | 3.90 | 11.4% |
| Expenditure | 15.39 | 30.2% |
| PBT | — | |
| Net Profit | -13.76 | 23.8% |
| OPM | — | |
| NPM | — | |
| EPS | -0.29 | 39.6% |
Venu Holding Corporation Reports Q1 FY26 Results
15 May 2026 · 15 May, 6:07 pm
Summary
Venu Holding Corporation announced results for its fiscal first quarter ended March 31, 2026. Total assets increased to $461.3 million, up 25% from year-end 2025. The company completed a capital raise of its common stock together with warrants, resulting in gross proceeds of $86.25 million. Total revenue was $3.9 million, an increase of 11% compared to the same period last year.
Key Highlights
- 1
Total assets increased to $461.3 million as of March 31, 2026, up 25% from $370.5 million at December 31, 2025.
- 2
Property and equipment increased to $381.6 million as of March 31, 2026, up 25% from $305.9 million at December 31, 2025.
- 3
The company completed a capital raise of its common stock together with warrants during the three months ended March 31, 2026, resulting in gross proceeds of $86.25 million.
- 4
Luxe FireSuite and Aikman Club sales reached more than $260 million since launching the program.
- 5
Total revenue was $3.9 million for the three months ended March 31, 2026, compared to $3.5 million for the three months ended March 31, 2025, an increase of 11%.
Management Comments
J.W. Roth
We had a busy start to fiscal 2026, with significant progress executing on our strategy to bring a new asset class to live entertainment. Conversations with municipalities continue to gain momentum, with more than 45 municipalities currently in active discussion about bringing a VENU concept into their city limits. And subsequent to quarter end we announced a new planned development at the Bend in Chattanooga, Tennessee, which we believe represents a tremendous opportunity for the VENU brand. As we look back on the fiscal first quarter, we are proud of the progress we have made. Our total assets increased to $461.3 million, up 25% from year-end, as we continue to get closer to completing our new state-of-the-art immersive venues. On the sponsorship front, we announced a new multi-year partnership with PepsiCo as our official beverage partner across our portfolio of Sunset Amphitheater venues, as well as an expanded partnership with Aramark Sports and Entertainment. On the capital front we closed an $86.25 million equity capital raise in one of the most volatile market stretches in recent history. We also launched several new product offerings for our Luxe FireSuites, to meet demand at all levels and support continued development of our venues. Looking ahead, our model is working. The conviction has never been stronger. And the plan is being executed at every level. We are excited for what is next.”
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