SHCO · As filed with the SEC
Soho House balance sheet, 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.
Condensed Consolidated Balance Sheets · USD
| USD | FY2024 Dec 29, 2024 | FY2023 Dec 31, 2023 | FY2023 Jan 1, 2023 | FY2022 Jan 2, 2022 | FY2021 Jan 3, 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current assets | |||||
| Cash and cash equivalents | 152,716,000 | 161,656,000 | 182,115,000 | 212,833,000 | 52,887,000 |
| Restricted cash | 3,602,000 | 1,951,000 | 7,928,000 | 7,829,000 | 7,083,000 |
| Accounts receivable, net | 78,890,000 | 58,158,000 | 42,215,000 | 19,338,000 | 9,659,000 |
| Inventories | 54,419,000 | 60,768,000 | 57,848,000 | 29,697,000 | 22,551,000 |
| Prepaid expenses and other current assets | 98,774,000 | 112,512,000 | 91,101,000 | 57,004,000 | 43,563,000 |
| Total current assets | 388,401,000 | 395,045,000 | 381,207,000 | 326,701,000 | 135,743,000 |
| Property and equipment, net | 598,270,000 | 627,035,000 | 647,001,000 | 684,961,000 | 669,650,000 |
| Operating lease assets | 1,135,810,000 | 1,150,165,000 | 1,085,579,000 | 996,991,000 | 961,787,000 |
| Goodwill | 195,295,000 | 206,285,000 | 199,646,000 | 214,257,000 | 201,482,000 |
| Other intangible assets, net | 102,610,000 | 127,240,000 | 125,968,000 | 132,158,000 | 107,844,000 |
| Equity method investments | 13,217,000 | 21,695,000 | 21,629,000 | 23,621,000 | 24,102,000 |
| Deferred tax assets | 5,306,000 | 740,000 | 295,000 | 446,000 | 377,000 |
| Other non-current assets | 4,603,000 | 9,597,000 | 6,571,000 | 2,348,000 | 3,460,000 |
| Total non-current assets | 2,055,111,000 | 2,142,757,000 | 2,086,689,000 | 2,054,782,000 | 1,968,702,000 |
| Total assets | 2,443,512,000 | 2,537,802,000 | 2,467,896,000 | 2,381,483,000 | 2,104,445,000 |
| Liabilities | |||||
| Current liabilities | |||||
| Accounts payable | 75,987,000 | 70,316,000 | 80,741,000 | 71,497,000 | 61,540,000 |
| Accrued liabilities | 98,482,000 | 84,815,000 | 84,112,000 | 63,127,000 | 72,891,000 |
| Current portion of deferred revenue | 134,360,000 | 117,129,000 | 91,611,000 | 76,866,000 | 54,646,000 |
| Indirect and employee taxes payable | — | — | 38,088,000 | 25,289,000 | 15,743,000 |
| Indirect and employee taxes payable | 33,889,000 | 38,169,000 | — | — | — |
| Current portion of debt, net of debt issuance costs | 34,618,000 | 29,290,000 | 1,005,000 | 6,923,000 | 88,802,000 |
| Current portion of related party loans | — | — | 24,612,000 | 21,661,000 | 611,000 |
| Sites Trading Less Than One Year | — | — | 4,176,000 | 842,000 | 605,000 |
| Sites Trading More Than One Year | — | — | 35,436,000 | 34,513,000 | 26,036,000 |
| Sites Trading Less Than One Year | 371,000 | 1,721,000 | — | — | — |
| Sites Trading More Than One Year | 57,078,000 | 49,436,000 | — | — | — |
| Other current liabilities | 39,377,000 | 33,633,000 | 36,019,000 | 29,045,000 | 38,584,000 |
| Total current liabilities | 474,162,000 | 424,509,000 | 395,800,000 | 329,763,000 | 359,458,000 |
| Debt, net of current portion and debt issuance costs | 656,868,000 | 635,576,000 | 579,904,000 | 459,343,000 | 574,580,000 |
| Property mortgage loans, net of debt issuance costs | — | — | 116,187,000 | 115,122,000 | 114,798,000 |
| Related party loans, net of current portion and imputed interest | — | — | — | 0 | 17,595,000 |
| Sites Trading Less Than One Year | — | — | — | 0 | 17,595,000 |
| Property mortgage loans, net of debt issuance costs | 137,385,000 | 137,099,000 | — | — | — |
| Sites Trading Less Than One Year | — | — | 227,158,000 | 174,469,000 | 68,708,000 |
| Sites Trading More Than One Year | — | — | 982,306,000 | 941,861,000 | 994,849,000 |
| Sites Trading Less Than One Year | 90,081,000 | 68,762,000 | — | — | — |
| Sites Trading More Than One Year | 1,210,637,000 | 1,234,140,000 | — | — | — |
| Finance lease liabilities | 77,255,000 | 78,481,000 | 76,638,000 | 72,582,000 | 73,558,000 |
| Financing obligation | — | — | 76,239,000 | 75,802,000 | 74,161,000 |
| Financing obligation | 76,900,000 | 76,624,000 | — | — | — |
| Deferred revenue, net of current portion | 23,697,000 | 25,787,000 | 27,118,000 | 27,518,000 | 23,959,000 |
| Deferred tax liabilities | 2,286,000 | 1,510,000 | 1,666,000 | 1,856,000 | 1,299,000 |
| Non-current tax liabilities | 23,699,000 | 5,941,000 | 256,000 | 975,000 | 368,000 |
| Total non-current liabilities | 2,298,808,000 | 2,263,920,000 | 2,087,472,000 | 1,869,528,000 | 1,943,875,000 |
| Total liabilities | 2,772,970,000 | 2,688,429,000 | 2,483,272,000 | 2,199,291,000 | 2,303,333,000 |
| Redeemable preferred shares, 1 par value, no shares issued or outstanding as of January 2, 2022; 10,000,00 shares issued and outstanding as of January 3, 2021(Note 15) | — | — | — | 0 | 14,700,000 |
| Redeemable C ordinary shares, £1 par value; 45,000,000 shares authorized, 21,187,494 shares issued and outstanding as of July 4, 2021, and 25,000,000 shares authorized, 16,435,997 shares issued and outstanding as of January 3, 2021 (Note 16) | — | — | — | 0 | 160,405,000 |
| Shareholders' deficit | |||||
| Class A common stock, $0.01 par value, 1,000,000,000 shares authorized, 66,359,217 shares issued and 52,731,922 outstanding as of December 29, 2024 and 62,189,717 issued and 53,722,597 outstanding as of December 31, 2023; Class B common stock, $0.01 par value, 500,000,000 shares authorized, 141,500,385 shares issued and outstanding as of December 29, 2024 and December 31, 2023 | 2,079,000 | 2,057,000 | 2,037,000 | — | — |
| Class A Common Stock | — | — | — | 2,025,000 | 0 |
| A Ordinary Shares | — | — | — | 0 | 265,181,000 |
| Additional paid-in capital | 1,246,584,000 | 1,231,941,000 | 1,213,086,000 | 1,189,044,000 | 72,755,000 |
| Accumulated deficit | (1,539,500,000) | (1,360,365,000) | (1,242,412,000) | (1,021,832,000) | (757,103,000) |
| Accumulated other comprehensive loss | 35,174,000 | 30,000,000 | 54,853,000 | 6,897,000 | (13,257,000) |
| Treasury stock, at cost; 13,627,295 shares as of December 29, 2024 and 10,467,120 shares as of December 31, 2023 | (79,396,000) | (62,000,000) | (50,000,000) | — | — |
| Total shareholders' deficit attributable to Soho House & Co Inc. | (335,059,000) | (158,367,000) | (22,436,000) | 176,134,000 | (432,424,000) |
| Noncontrolling interest | 5,601,000 | 7,740,000 | 7,060,000 | 6,058,000 | 58,431,000 |
| Total shareholders' deficit | (329,458,000) | (150,627,000) | (15,376,000) | 182,192,000 | (373,993,000) |
| Total liabilities and shareholders' deficit | 2,443,512,000 | 2,537,802,000 | 2,467,896,000 | 2,381,483,000 | 2,104,445,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.