Venu Holding Corporation announced its results for the fiscal year ended December 31, 2024, on March 31, 2025. The company reported a significant year-over-year increase in total assets, growing by over $95,000,000.
Operational highlights for 2024 included the successful launch of the Ford Amphitheater, which captivated over 112,000 fans and received a nomination for Pollstar Magazine’s 2024 Best New Concert Venue of the Year. Fractional ownership sales, primarily from Luxe FireSuites, increased by 250% year-over-year, reaching $77.7 million in 2024 compared to $22.2 million in 2023.
Management expects to achieve operational profitability in 2026, driven by development revenue from the anticipated official openings of three major venues in McKinney, El Paso, and Broken Arrow. The company's recent IPO and new partnerships are energizing its ambitious expansion plans into fast-growing markets.
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