SHCO · As filed with the SEC
Soho House income statement, by fiscal year
The statement as Soho House presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Operations · USD
| USD | FY2024 Year ended Dec 29, 2024 | FY2023 Year ended Dec 31, 2023 | FY2023 Year ended Jan 1, 2023 | FY2022 Year ended Jan 2, 2022 | FY2021 Year ended Jan 3, 2021 | FY2020 Year ended Dec 29, 2019 |
|---|---|---|---|---|---|---|
| Revenues | ||||||
| Revenue | 1,203,814,000 | 1,135,879,000 | 972,214,000 | 560,554,000 | 384,376,000 | 642,035,000 |
| Membership revenues | 418,026,000 | 361,487,000 | 272,809,000 | 189,189,000 | 176,910,000 | 167,582,000 |
| In-House revenues | — | — | 426,602,000 | 217,934,000 | 126,774,000 | 312,330,000 |
| In-House revenues | 481,613,000 | 482,066,000 | — | — | — | — |
| Other revenues | 304,175,000 | 292,326,000 | 272,803,000 | 153,431,000 | 80,692,000 | 162,123,000 |
| Operating expenses | ||||||
| In-House operating expenses (exclusive of depreciation and amortization of $46,386, $46,386, and $36,278 for the fiscal years ended January 2, 2022, January 3, 2021, and December 29, 2019, respectively) | — | — | (524,929,000) | (308,840,000) | (220,036,000) | (379,985,000) |
| In-House operating expenses (exclusive of depreciation and amortization of $65,217, $67,647 and $55,581 for the fiscal years ended December 29, 2024, December 31, 2023 and January 1, 2023, respectively) | (638,342,000) | (589,357,000) | — | — | — | — |
| Other operating expenses (exclusive of depreciation and amortization of $21,431, $29,632 and $30,266 for the fiscal years ended December 29, 2024, December 31, 2023 and January 1, 2023, respectively) | (276,321,000) | (258,483,000) | (250,336,000) | (167,152,000) | (109,251,000) | (144,455,000) |
| General and administrative expenses (exclusive of depreciation and amortization of $16,260, $14,002, and $14,068 for the fiscal years ended December 29, 2024, December 31, 2023 and January 1, 2023 respectively) | (152,922,000) | (143,583,000) | (123,435,000) | (89,383,000) | (74,954,000) | (75,506,000) |
| Pre-opening expenses | (15,626,000) | (18,604,000) | (14,081,000) | (21,294,000) | (21,058,000) | (23,437,000) |
| Depreciation and amortization | (101,521,000) | (111,403,000) | (99,930,000) | (83,613,000) | (69,802,000) | (57,139,000) |
| Share-based compensation | (16,023,000) | (20,230,000) | (27,681,000) | (26,660,000) | (2,618,000) | 0 |
| Foreign exchange gain (loss), net | (22,708,000) | 36,196,000 | (69,600,000) | (25,541,000) | 3,354,000 | 3,465,000 |
| Other | — | — | (9,703,000) | (26,097,000) | (44,741,000) | (23,836,000) |
| Loss on impairment of long-lived assets (Note 6 and Note 9) | — | (47,455,000) | — | — | — | — |
| Loss on impairment of long lived assets and intangible assets | (32,345,000) | — | — | — | — | — |
| Loss on impairment of Goodwill (Note 9) | (6,204,000) | — | — | — | — | — |
| Other, net | (11,843,000) | (5,963,000) | — | — | — | — |
| Total operating expenses | (1,273,855,000) | (1,158,882,000) | (1,119,695,000) | (748,580,000) | (539,106,000) | (700,893,000) |
| Operating income (loss) | (70,041,000) | (23,003,000) | (147,481,000) | (188,026,000) | (154,730,000) | (58,858,000) |
| Other (expense) income | ||||||
| Interest expense, net | — | (84,136,000) | (71,499,000) | (84,382,000) | (77,792,000) | (64,108,000) |
| Interest expense, net | (83,531,000) | — | — | — | — | — |
| Gain (loss) on sale of property and other, net | (1,768,000) | (1,038,000) | 390,000 | 6,837,000 | 98,000 | (1,340,000) |
| Share of income (loss) of equity method investments | 5,090,000 | 1,900,000 | 3,941,000 | (2,249,000) | (3,627,000) | 774,000 |
| Total other expense, net | (80,209,000) | (83,274,000) | (67,168,000) | (79,794,000) | (81,321,000) | (64,674,000) |
| Loss before income taxes | (150,250,000) | (106,277,000) | (214,649,000) | (267,820,000) | (236,051,000) | (123,532,000) |
| Income tax expense | (13,318,000) | (10,811,000) | (5,131,000) | (894,000) | 776,000 | (4,468,000) |
| Net loss | (163,568,000) | (117,088,000) | (219,780,000) | (268,714,000) | (235,275,000) | (128,000,000) |
| Net (income) loss attributable to non-controlling interests | 600,000 | (865,000) | (800,000) | 3,319,000 | 6,814,000 | 258,000 |
| Net loss attributable to Soho House & Co Inc. | (162,968,000) | (117,953,000) | (220,580,000) | (265,395,000) | (228,461,000) | (127,742,000) |
| Basic and diluted | — | — | — | (1.88) | (1.64) | (1.01) |
| Net loss per share attributable to Class A and Class B common stock | ||||||
| Earnings Per Share, Basic | (0.84) | (0.6) | (1.1) | — | (1.64) | — |
| Earnings Per Share, Diluted | (0.84) | (0.6) | (1.1) | — | (1.64) | — |
| Weighted average shares outstanding: Basic (Note 14) | 195,160 | 195,590 | 199,985 | — | 141,896 | — |
| Weighted average shares outstanding: diluted (Note 14) | 195,160 | 195,590 | 199,985 | — | 141,896 | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.