NYSEAMERICAN : VENU
Venu Holding Corporation — Financial statements
Consumer Discretionary · Restaurants · United States
Last price 1.3 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 73.07M
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Financial statements
Venu Holding Corporation (VENU) reported revenue of 18.46M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | 18.46M | 17.90M | 17.83M | 12.60M | 8.66M |
| Cost of Revenue | 14.01M | 12.45M | 10.71M | 7.77M | 5.36M |
| Gross Profit | 4.44M | 5.45M | 7.13M | 4.83M | 3.30M |
| Selling, General & Admin | 39.39M | 36.95M | 18.83M | 12.47M | 6.89M |
| Operating Expenses | 53.45M | 58.48M | 34.50M | 15.96M | 8.06M |
| Operating Income | -49.01M | -53.03M | -27.38M | -11.13M | -4.76M |
| Interest Expense | -9.37M | -4.58M | -3.20M | -331.67K | -397.12K |
| Interest & Investment Income | 292.09K | 20.15K | 12.15K | ||
| Other Non Operating Income (Expenses) | -2.03M | -64.17K | -2.37M | 132.50K | 327.96K |
| EBT Excluding Unusual Items | -60.12M | -57.68M | -32.95M | -11.31M | -4.82M |
| Gain (Loss) on Sale of Investments | -75.60K | 197.81K | |||
| Gain (Loss) on Sale of Assets | 6.90M | 6.90M | |||
| Other Unusual Items | -3.40M | ||||
| Pretax Income | -53.22M | -50.78M | -32.95M | -11.39M | -8.02M |
| Earnings From Continuing Operations | -53.22M | -50.78M | -32.95M | -11.39M | -8.02M |
| Minority Interest in Earnings | 6.97M | 6.69M | 2.61M | 862.32K | 1.09M |
| Net Income | -46.26M | -44.09M | -30.34M | -10.52M | -6.92M |
| Preferred Dividends & Other Adjustments | 507.75K | 223.88K | |||
| Net Income to Common | -46.76M | -44.32M | -30.34M | -10.52M | -6.92M |
| Shares Outstanding (Basic) | 47.97M | 40.34M | 35.44M | 26.88M | 15.28M |
| Shares Outstanding (Diluted) | 47.97M | 40.34M | 35.44M | 26.88M | 15.28M |
| EPS (Basic) | -0.97 | -1.10 | -0.86 | -0.39 | -0.45 |
| EPS (Diluted) | -0.97 | -1.10 | -0.86 | -0.39 | -0.45 |
| Free Cash Flow | -227.59M | -134.01M | -68.73M | -36.04M | -8.82M |
| Free Cash Flow Per Share | -4.75 | -3.32 | -1.94 | -1.34 | -0.58 |
| Gross Margin | 24.08% | 30.43% | 39.95% | 38.31% | 38.12% |
| Operating Margin | -265.51% | -296.31% | -153.51% | -88.37% | -55.03% |
| Profit Margin | -253.36% | -247.62% | -170.12% | -83.54% | -79.98% |
| Free Cash Flow Margin | -1,233.03% | -748.76% | -385.36% | -286.09% | -101.88% |
| EBITDA | -40.80M | -46.85M | -23.72M | -9.25M | -3.59M |
| EBITDA Margin | -221.06% | -261.80% | -133.01% | -73.47% | -41.44% |
| D&A For EBITDA | 8.20M | 6.18M | 3.66M | 1.88M | 1.18M |
| EBIT | -49.01M | -53.03M | -27.38M | -11.13M | -4.76M |
| EBIT Margin | -265.51% | -296.31% | -153.51% | -88.37% | -55.03% |
| Revenue as Reported | 18.46M | 17.90M | 17.83M | 12.60M | 8.66M |
| Advertising Expenses | 6.10M | 3.57M | 1.01M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 16.28M | 41.31M | 37.97M | 20.20M | 23.47M |
| Cash & Short-Term Investments | 16.28M | 41.31M | 37.97M | 20.20M | 23.47M |
| Other Receivables | 302.50K | 237.50K | 107.50K | ||
| Receivables | 413.87K | 237.50K | 107.50K | ||
| Inventory | 590.86K | 474.47K | 225.28K | 185.75K | 87.16K |
| Prepaid Expenses | 3.11M | 2.31M | 743.45K | 209.22K | 297.79K |
| Total Current Assets | 20.39M | 44.33M | 39.05M | 20.60M | 23.86M |
| Property, Plant & Equipment | 463.25M | 323.34M | 138.57M | 61.42M | 27.92M |
| Long-Term Investments | 555.26K | 2.56M | 550.00K | 550.00K | 625.60K |
| Other Intangible Assets | 111.20K | 144.56K | 211.28K | 278.00K | 344.71K |
| Other Long-Term Assets | 143.36K | 183.58K | 43.02K | 375.90K | 150.00K |
| Total Assets | 511.78M | 370.56M | 178.42M | 83.22M | 52.90M |
| Accounts Payable | 59.64M | 25.13M | 7.28M | 2.57M | 1.82M |
| Accrued Expenses | 6.96M | 4.72M | 1.66M | 1.03M | 767.24K |
| Current Portion of Long-Term Debt | 10.09M | 1.43M | 11.53M | 325.25K | 338.66K |
| Current Portion of Leases | 4.00M | 605.26K | 364.24K | 230.95K | 437.92K |
| Current Unearned Revenue | 1.98M | 1.54M | 1.53M | 764.08K | 127.29K |
| Other Current Liabilities | 247.78K | 23.93M | 2.16M | ||
| Total Current Liabilities | 82.91M | 57.35M | 24.53M | 4.92M | 3.49M |
| Long-Term Debt | 114.89M | 88.51M | 14.10M | 11.18M | 6.99M |
| Long-Term Leases | 54.66M | 16.89M | 1.02M | 3.65M | 3.66M |
| Other Long-Term Liabilities | 10.04M | 8.95M | 7.95M | 1.50M | |
| Total Liabilities | 262.50M | 171.70M | 47.60M | 21.24M | 14.14M |
| Common Stock | 59.75K | 43.27K | 37.85K | 32.27K | 18.57K |
| Additional Paid-In Capital | 276.95M | 222.05M | 144.55M | 47.74M | 22.45M |
| Retained Earnings | -123.10M | -91.45M | -47.36M | -17.02M | -6.50M |
| Treasury Stock | -17.90M | -7.90M | -1.50M | -76.00 | |
| Total Common Equity | 136.01M | 122.74M | 95.72M | 30.75M | 15.97M |
| Minority Interest | 98.15M | 65.98M | 35.09M | 31.23M | 22.79M |
| Shareholders' Equity | 249.28M | 198.85M | 130.82M | 61.98M | 38.76M |
| Total Liabilities & Equity | 511.78M | 370.56M | 178.42M | 83.22M | 52.90M |
| Total Debt | 183.64M | 107.43M | 27.02M | 15.38M | 11.42M |
| Net Cash (Debt) | -167.36M | -66.13M | 10.95M | 4.82M | 12.05M |
| Net Cash Per Share | -3.49 | -1.64 | 0.31 | 0.18 | 0.79 |
| Filing Date Shares Outstanding | 56.21M | 60.35M | 37.88M | 32.19M | 15.28M |
| Total Common Shares Outstanding | 56.36M | 43.17M | 37.85M | 32.19M | 15.28M |
| Working Capital | -62.52M | -13.02M | 14.52M | 15.68M | 20.36M |
| Book Value Per Share | 2.41 | 2.84 | 2.53 | 0.96 | 1.04 |
| Tangible Book Value | 135.90M | 122.60M | 95.51M | 30.48M | 15.62M |
| Tangible Book Value Per Share | 2.41 | 2.84 | 2.52 | 0.95 | 1.02 |
| Land | 171.44M | 157.65M | 93.38M | 39.38M | 13.38M |
| Machinery | 38.49M | 14.50M | 10.06M | 4.06M | 1.35M |
| Construction In Progress | 253.38M | 146.28M | 40.52M | 17.68M | 10.89M |
| Leasehold Improvements | 197.47K | 191.06K | 399.32K | 160.74K | 95.58K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Net Income | -46.26M | -44.09M | -30.34M | -10.52M | -6.92M |
| Depreciation & Amortization | 8.20M | 6.18M | 3.66M | 1.88M | 1.18M |
| Other Amortization | 916.68K | 916.68K | 2.92M | 4.54K | 190.29K |
| Loss (Gain) From Sale of Assets | -6.84M | -6.90M | |||
| Loss (Gain) on Equity Investments | 75.60K | 7.42K | |||
| Stock-Based Compensation | 5.62M | 15.35M | 12.02M | 1.61M | 973.68K |
| Other Operating Activities | -4.57M | -4.71M | 1.82M | -374.10K | 2.93M |
| Change in Inventory | -396.74K | -249.18K | -39.54K | -98.59K | 10.92K |
| Change in Accounts Payable | 55.13M | 17.85M | 4.69M | 745.26K | 1.71M |
| Change in Unearned Revenue | 88.57K | 14.40K | 764.08K | 636.79K | -146.62K |
| Change in Other Net Operating Assets | -2.16M | 23.30M | 8.26M | 1.17M | -626.53K |
| Operating Cash Flow | 9.73M | 7.65M | 3.76M | -4.88M | -700.75K |
| Capital Expenditures | -237.32M | -141.66M | -72.48M | -31.17M | -8.12M |
| Sale of Property, Plant & Equipment | 7.60M | 7.60M | |||
| Cash Acquisitions | 74.08K | 3.06M | |||
| Divestitures | 2.63M | 2.63M | |||
| Investment in Securities | -2.01M | 633.97K | |||
| Investing Cash Flow | -227.09M | -133.43M | -72.41M | -31.17M | -4.43M |
| Short-Term Debt Issued | 6.20M | ||||
| Long-Term Debt Issued | 48.79M | 468.81K | |||
| Total Debt Issued | 72.21M | 48.79M | 6.20M | 468.81K | |
| Short-Term Debt Repaid | -10.00K | ||||
| Long-Term Debt Repaid | -2.38M | -313.14K | -224.39K | -110.91K | |
| Total Debt Repaid | -5.06M | -2.38M | -323.14K | -224.39K | -110.91K |
| Net Debt Issued (Repaid) | 67.15M | 46.41M | 5.88M | -224.39K | 357.90K |
| Issuance of Common Stock | 109.35M | 33.42M | 44.61M | 16.78M | 4.71M |
| Repurchase of Common Stock | -10.00M | -1.50M | |||
| Other Financing Activities | 24.72M | 39.17M | 37.43M | 16.22M | 19.34M |
| Financing Cash Flow | 196.21M | 129.12M | 86.42M | 32.77M | 24.40M |
| Net Cash Flow | -21.15M | 3.34M | 17.77M | -3.27M | 19.28M |
| Free Cash Flow | -227.59M | -134.01M | -68.73M | -36.04M | -8.82M |
| Free Cash Flow Margin | -1,233.03% | -748.76% | -385.36% | -286.09% | -101.88% |
| Free Cash Flow Per Share | -4.75 | -3.32 | -1.94 | -1.34 | -0.58 |
| Levered Free Cash Flow | -206.33M | -114.48M | -65.42M | -33.20M | |
| Unlevered Free Cash Flow | -201.39M | -112.53M | -66.33M | -33.00M | |
| Cash Interest Paid | 1.25M | 621.39K | 406.48K | 305.17K | 51.41K |
| Change in Working Capital | 52.66M | 40.91M | 13.68M | 2.45M | 949.24K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Market Capitalization | 73.07M | 363.34M | 344.56M | ||
| Enterprise Value | 240.43M | 461.29M | 367.70M | ||
| Last Close Price | 1.30 | 8.42 | 9.15 | ||
| Forward PE | 18.82 | ||||
| PS Ratio | 3.96 | 20.30 | 19.32 | ||
| PB Ratio | 0.54 | 1.83 | 2.63 | ||
| P/TBV Ratio | 0.54 | 2.96 | 3.61 | ||
| P/OCF Ratio | 7.51 | 47.50 | 91.69 | ||
| EV/Sales Ratio | 13.03 | 25.77 | 20.62 | ||
| Debt / Equity Ratio | 0.74 | 0.54 | 0.21 | 0.25 | 0.29 |
| Net Debt / Equity Ratio | 0.67 | 0.33 | -0.08 | -0.08 | -0.31 |
| Net Debt / EBITDA Ratio | -4.10 | -1.41 | 0.46 | 0.52 | 3.36 |
| Net Debt / FCF Ratio | -0.73 | -0.49 | 0.16 | 0.13 | 1.37 |
| Asset Turnover | 0.05 | 0.07 | 0.14 | 0.18 | |
| Inventory Turnover | 35.70 | 35.59 | 52.11 | 56.96 | |
| Quick Ratio | 0.20 | 0.72 | 1.55 | 4.11 | 6.72 |
| Current Ratio | 0.25 | 0.77 | 1.59 | 4.19 | 6.83 |
| Return on Equity (ROE) | -25.15% | -30.81% | -34.18% | -22.61% | |
| Return on Assets (ROA) | -8.13% | -12.07% | -13.08% | -10.22% | |
| Return on Capital Employed (ROCE) | -11.40% | -16.90% | -17.80% | -14.20% | -9.60% |
| Earnings Yield | -74.99% | -12.14% | -8.80% | ||
| FCF Yield | -311.45% | -36.88% | -19.95% | ||
| Buyback Yield / Dilution | -27.87% | -13.83% | -31.85% | -75.90% |