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Luxury travel company Inspirato's adjusted EBITDA loss narrows, announces CFO retirement

ReutersNov 4, 2025 9:50 PM


Overview

  • Inspirato reports Q3 net loss of $4.5 mln, but adjusted EBITDA loss narrows sharply

  • Cash operating expenses declined 26% yr/yr, reflecting operational improvements

  • CFO Michael Arthur resigns, will stay through 2025 for transition


Outlook

  • Inspirato expects full-year 2025 revenue between $235 mln and $240 mln

  • Company forecasts 2025 adjusted EBITDA of $2 mln to $4 mln

  • Inspirato anticipates cash operating expenses of $80 mln to $85 mln for 2025


Result Drivers

  • COST REDUCTIONS - Cash operating expenses declined by $6.9 mln or 26% yr/yr due to operational improvements

  • FOREIGN EXCHANGE IMPACT - Weaker U.S. dollar relative to Euro negatively impacted cost of revenue and adjusted EBITDA by $2.0 mln

  • NEW MEMBERSHIP MODEL - Pre-sales for new Pass membership launched, offering greater value and flexibility


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Net Income

-$4.52 mln

Q3 Adjusted EBITDA

-$88,000


Analyst Coverage

  • The one available analyst rating on the shares is "hold"

  • The average consensus recommendation for the leisure & recreation peer group is "buy."

Press Release: ID:nGNX8qFL38

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