Soho House & Co Inc. (SHCO) 10-Year Financial Performance & Capital Metrics

SHCO • • Industrial / General

Consumer CyclicalHotels & LodgingBoutique & Membership HospitalityMembership-Based Hospitality Clubs

AboutSoho House & Co Inc. operates a global membership platform of physical and digital spaces that connects a group of members. These members use the platform to work, socialize, connect, create, and flourish all over the world. The company was formerly known as Membership Collective Group Inc. and changed its name to Soho House & Co Inc. in March 2023. Soho House & Co Inc. was founded in 1995 and is headquartered in New York, New York.Show more

Revenue $1.2B +6.0%
EBITDA $31M -64.4%
Net Income -$163M -38.2%
EPS (Diluted) -0.83 -38.3%
Gross Margin 46.97% -2.4%
EBITDA Margin 2.61% -66.4%
Operating Margin -5.82% -187.3%
Net Margin -13.54% -30.4%
ROE -
ROIC -2.73% -209.8%
Debt/Equity -
Interest Coverage -0.84 -206.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 13.4%
✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y13.4%

3Y29.02%

TTM8.2%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM41.52%

EPS CAGR

10Y-

5Y-

3Y-

TTM43%

ROCE

10Y Avg-4.99%

5Y Avg-6.17%

3Y Avg-3.96%

Latest-3.44%

Peer Comparison

Membership-Based Hospitality Clubs

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
SHCOSoho House & Co Inc.	480.84M	8.88	-10.70	5.98%	-6%		1.61%

Profit & Loss

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	575.96M	642.03M	384.38M	560.55M	976M	1.14B	1.2B
Revenue Growth %	-	0.11%	-0.4%	0.46%	0.74%	0.16%	0.06%
Cost of Goods Sold+	507.09M	581.58M	220.04M	308.84M	530.73M	589.36M	638.34M
COGS % of Revenue	0.88%	0.91%	0.57%	0.55%	0.54%	0.52%	0.53%
Gross Profit+	68.87M	60.46M	164.34M	251.71M	445.27M	546.52M	565.47M
Gross Margin %	0.12%	0.09%	0.43%	0.45%	0.46%	0.48%	0.47%
Gross Profit Growth %	-	-0.12%	1.72%	0.53%	0.77%	0.23%	0.03%
Operating Expenses+	82.77M	98.94M	319.07M	439.74M	596.31M	569.52M	635.51M
OpEx % of Revenue	0.14%	0.15%	0.83%	0.78%	0.61%	0.5%	0.53%
Selling, General & Admin	82.77M	98.94M	77.57M	116.04M	151.12M	163.81M	168.94M
SG&A % of Revenue	0.14%	0.15%	0.2%	0.21%	0.15%	0.14%	0.14%
Research & Development	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-
Other Operating Expenses	0	0	241.5M	323.7M	445.2M	405.71M	466.57M
Operating Income+	-13.9M	-38.49M	-154.73M	-188.03M	-151.04M	-23M	-70.04M
Operating Margin %	-0.02%	-0.06%	-0.4%	-0.34%	-0.15%	-0.02%	-0.06%
Operating Income Growth %	-	-1.77%	-3.02%	-0.22%	0.2%	0.85%	-2.04%
EBITDA+	34.49M	18.65M	-84.93M	-104.41M	-51.12M	88.4M	31.48M
EBITDA Margin %	0.06%	0.03%	-0.22%	-0.19%	-0.05%	0.08%	0.03%
EBITDA Growth %	-	-0.46%	-5.55%	-0.23%	0.51%	2.73%	-0.64%
D&A (Non-Cash Add-back)	48.39M	57.14M	69.8M	83.61M	99.92M	111.4M	101.52M
EBIT	-32.1M	-59.42M	-158.26M	-183.44M	-146.71M	-25.42M	-66.72M
Net Interest Income+	-57.7M	-64.11M	-77.79M	-84.38M	-71.5M	-84.14M	-83.53M
Interest Income	0	0	0	0	0	0	0
Interest Expense	57.7M	64.11M	77.79M	84.38M	71.5M	84.14M	83.53M
Other Income/Expense	-57.42M	-64.67M	-81.32M	-79.79M	-67.19M	-83.27M	-80.21M
Pretax Income+	-89.8M	-123.53M	-236.05M	-267.82M	-218.23M	-106.28M	-150.25M
Pretax Margin %	-0.16%	-0.19%	-0.61%	-0.48%	-0.22%	-0.09%	-0.12%
Income Tax+	43K	4.47M	-776K	894K	5.13M	10.81M	13.32M
Effective Tax Rate %	1.02%	1.03%	0.97%	0.99%	1.03%	1.11%	1.08%
Net Income+	-91.36M	-127.74M	-228.46M	-265.39M	-224.16M	-117.95M	-162.97M
Net Margin %	-0.16%	-0.2%	-0.59%	-0.47%	-0.23%	-0.1%	-0.14%
Net Income Growth %	-	-0.4%	-0.79%	-0.16%	0.16%	0.47%	-0.38%
Net Income (Continuing)	-89.85M	-128M	-235.28M	-268.71M	-223.36M	-117.09M	-163.57M
Discontinued Operations	0	0	0	0	0	0	0
Minority Interest	50.34M	35.65M	58.43M	6.06M	7.06M	7.74M	5.6M
EPS (Diluted)+	-0.44	-0.62	-1.15	-1.88	-1.10	-0.60	-0.83
EPS Growth %	-	-0.41%	-0.85%	-0.63%	0.41%	0.45%	-0.38%
EPS (Basic)	-0.44	-0.62	-1.15	-1.88	-1.10	-0.60	-0.83
Diluted Shares Outstanding	205.42M	205.42M	201.96M	173.69M	199.99M	195.59M	195.16M
Basic Shares Outstanding	205.42M	205.42M	201.96M	173.69M	199.99M	195.59M	195.16M
Dividend Payout Ratio	-	-	-	-	-	-	-

Balance Sheet

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	162.71M	147.57M	135.74M	326.7M	381.21M	388.74M	388.4M
Cash & Short-Term Investments	71.46M	46.96M	55.24M	213.71M	183.61M	160.48M	155.09M
Cash Only	71.46M	44.05M	52.89M	212.83M	182.12M	159.16M	152.72M
Short-Term Investments	0	2.91M	2.35M	879K	1.49M	1.32M	2.38M
Accounts Receivable	63.04M	59.88M	50.87M	24.89M	117.55M	150.06M	163.15M
Days Sales Outstanding	39.95	34.04	48.31	16.21	43.96	48.22	49.47
Inventory	18.78M	28.47M	22.55M	29.7M	57.85M	57.6M	54.42M
Days Inventory Outstanding	13.52	17.87	37.41	35.1	39.78	35.67	31.12
Other Current Assets	45.55M	9.36M	4.73M	32.36M	7.93M	1.95M	3.6M
Total Non-Current Assets+	1.27B	1.82B	1.97B	2.05B	2.09B	2.14B	2.06B
Property, Plant & Equipment	1.04B	1.49B	1.63B	1.68B	1.73B	1.77B	1.73B
Fixed Asset Turnover	0.55x	0.43x	0.24x	0.33x	0.56x	0.64x	0.69x
Goodwill	123.21M	191.18M	201.48M	214.26M	199.65M	206.28M	195.29M
Intangible Assets	0	106.71M	107.84M	132.16M	125.97M	127.24M	102.61M
Long-Term Investments	15.79M	24.85M	24.1M	23.62M	21.63M	21.7M	13.22M
Other Non-Current Assets	94.73M	3.04M	3.46M	2.35M	6.57M	9.48M	4.6M
Total Assets+	1.44B	1.96B	2.1B	2.38B	2.47B	2.53B	2.44B
Asset Turnover	0.40x	0.33x	0.18x	0.24x	0.40x	0.45x	0.49x
Asset Growth %	-	0.37%	0.07%	0.13%	0.04%	0.02%	-0.03%
Total Current Liabilities+	336.91M	302.64M	359.46M	329.76M	395.8M	426.82M	474.16M
Accounts Payable	86.31M	87.62M	104.31M	124.65M	152.66M	142.69M	154.94M
Days Payables Outstanding	62.13	54.99	173.04	147.32	104.99	88.37	88.59
Short-Term Debt	121.61M	72.8M	89.41M	28.58M	25.62M	29.29M	34.62M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	30.69M	22.07M	38.58M	29.05M	36.02M	35.83M	39.38M
Current Ratio	0.48x	0.49x	0.38x	0.99x	0.96x	0.91x	0.82x
Quick Ratio	0.43x	0.39x	0.31x	0.90x	0.82x	0.78x	0.70x
Cash Conversion Cycle	-8.66	-3.08	-87.32	-96.01	-21.24	-4.48	-8.01
Total Non-Current Liabilities+	1.13B	1.84B	2.12B	1.87B	2.09B	2.27B	2.3B
Long-Term Debt	443.93M	626.85M	706.97M	574.47M	696.09M	772.67M	794.25M
Capital Lease Obligations	667.6M	1.1B	1.21B	1.26B	1.36B	1.46B	1.45B
Deferred Tax Liabilities	0	2.28M	1.3M	1.86M	1.67M	1.51M	2.29M
Other Non-Current Liabilities	0	91.69M	175.47M	975K	256K	5.94M	23.7M
Total Liabilities	1.46B	2.15B	2.48B	2.2B	2.48B	2.7B	2.77B
Total Debt+	1.25B	1.82B	2.03B	1.9B	2.12B	2.31B	2.34B
Net Debt	1.17B	1.78B	1.98B	1.69B	1.94B	2.15B	2.19B
Debt / Equity	-	-	-	10.45x	-	-	-
Debt / EBITDA	36.11x	97.64x	-	-	-	26.14x	74.37x
Net Debt / EBITDA	34.04x	95.28x	-	-	-	24.34x	69.52x
Interest Coverage	-0.24x	-0.60x	-1.99x	-2.23x	-2.11x	-0.27x	-0.84x
Total Equity+	-29.53M	-181.97M	-373.99M	182.19M	-15.38M	-167.15M	-329.46M
Equity Growth %	-	-5.16%	-1.06%	1.49%	-1.08%	-9.87%	-0.97%
Book Value per Share	-0.14	-0.89	-1.85	1.05	-0.08	-0.85	-1.69
Total Shareholders' Equity	-79.87M	-217.62M	-432.42M	176.13M	-22.44M	-174.89M	-335.06M
Common Stock	258.8M	262.53M	265.18M	2.02M	2.04M	2.06M	2.08M
Retained Earnings	-400.54M	-528.64M	-757.1M	-1.02B	-1.24B	-1.38B	-1.54B
Treasury Stock	0	0	0	0	-50M	-62M	-79.4M
Accumulated OCI	9.23M	26K	-13.26M	6.9M	54.85M	29.64M	35.17M
Minority Interest	50.34M	35.65M	58.43M	6.06M	7.06M	7.74M	5.6M

Cash Flow

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	44.38M	-2.28M	-38.23M	-127.42M	11.86M	46.99M	89.68M
Operating CF Margin %	0.08%	-0%	-0.1%	-0.23%	0.01%	0.04%	0.07%
Operating CF Growth %	-	-1.05%	-15.77%	-2.33%	1.09%	2.96%	0.91%
Net Income	-91.36M	-127.74M	-228.46M	-268.71M	-223.36M	-117.09M	-163.57M
Depreciation & Amortization	48.39M	57.14M	69.8M	83.61M	99.92M	111.4M	101.52M
Stock-Based Compensation	0	0	2.62M	26.66M	26.21M	18.88M	14.66M
Deferred Taxes	0	0	0	-273K	237K	-607K	-3.83M
Other Non-Cash Items	118.48M	39.04M	37.26M	-17.32M	109.12M	60.15M	93.54M
Working Capital Changes	61.32M	29.28M	80.55M	48.62M	-258K	-25.75M	47.34M
Change in Receivables	9.47M	-18.53M	10.58M	-5.86M	-24.28M	-14.23M	-21.27M
Change in Inventory	-5.15M	-8.75M	6.97M	-7.56M	-29.61M	-9.75M	2.55M
Change in Payables	0	0	0	27.19M	0	4.53M	26.78M
Cash from Investing+	-135.32M	-210.78M	-139.87M	-119.14M	-92.75M	-82.36M	-71.24M
Capital Expenditures	-137.01M	-161.7M	-139.44M	-103.08M	-72.34M	-67.76M	-64.19M
CapEx % of Revenue	0.24%	0.25%	0.36%	0.18%	0.07%	0.06%	0.05%
Acquisitions	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-
Other Investing	0	0	0	0	-20.41M	-14.6M	-17.75M
Cash from Financing+	111.51M	196.96M	179.7M	408.16M	52.84M	4.91M	-19.91M
Debt Issued (Net)	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-
Dividends Paid	-1.27M	-364K	0	-19.9M	0	0	0
Share Repurchases	-	-	-	-	-	-	-
Other Financing	14.14M	9.73M	26.47M	-22.42M	-3.07M	-4.9M	-1.45M
Net Change in Cash	-	-	-	-	-	-	-
Free Cash Flow+	-92.63M	-150.23M	-177.67M	-230.5M	-82.15M	-36.89M	7.75M
FCF Margin %	-0.16%	-0.23%	-0.46%	-0.41%	-0.08%	-0.03%	0.01%
FCF Growth %	-	-0.62%	-0.18%	-0.3%	0.64%	0.55%	1.21%
FCF per Share	-0.45	-0.73	-0.88	-1.33	-0.41	-0.19	0.04
FCF Conversion (FCF/Net Income)	-0.49x	0.02x	0.17x	0.48x	-0.05x	-0.40x	-0.55x
Interest Paid	37.17M	0	28.54M	130.26M	29.89M	32.25M	34.38M
Taxes Paid	317K	0	1.7M	310K	585K	5.54M	3.77M

Key Ratios

Metric	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-	-145.67%	-268.75%	-	-
Return on Invested Capital (ROIC)	-0.91%	-2.11%	-7.25%	-8.1%	-5.96%	-0.88%	-2.73%
Gross Margin	11.96%	9.42%	42.75%	44.9%	45.62%	48.11%	46.97%
Net Margin	-15.86%	-19.9%	-59.44%	-47.35%	-22.97%	-10.38%	-13.54%
Debt / Equity	-	-	-	10.45x	-	-	-
Interest Coverage	-0.24x	-0.60x	-1.99x	-2.23x	-2.11x	-0.27x	-0.84x
FCF Conversion	-0.49x	0.02x	0.17x	0.48x	-0.05x	-0.40x	-0.55x
Revenue Growth	-	11.47%	-40.13%	45.83%	74.11%	16.38%	5.98%

Revenue by Segment

	2021	2022	2023	2024
Membership Revenue	198.08M	283.68M	374.22M	431.72M
Membership Revenue Growth	-	43.21%	31.92%	15.37%
Other	-	-	-	317.83M
Other Growth	-	-	-	-
Elimination Of Equity Accounted Revenue	-32.02M	-45.27M	-51.83M	-53.12M
Elimination Of Equity Accounted Revenue Growth	-	-41.38%	-14.47%	-2.49%
In House Revenue	227.84M	447.63M	507.81M	-
In House Revenue Growth	-	96.46%	13.44%	-
Other Revenue	166.65M	286.18M	305.68M	-
Other Revenue Growth	-	71.72%	6.82%	-

Revenue by Geography

	2021	2022	2023	2024
North America	226.71M	404.04M	456.42M	473.44M
North America Growth	-	78.22%	12.96%	3.73%
UK	126.11M	307.63M	358.2M	368.2M
UK Growth	-	143.94%	16.44%	2.79%
Europe ROW	47.45M	157.76M	211.99M	201.2M
Europe ROW Growth	-	232.50%	34.38%	-5.09%
All Other	92.42M	148.06M	151.21M	160.97M
All Other Growth	-	60.19%	2.13%	6.46%

Frequently Asked Questions

Growth & Financials

Soho House & Co Inc. (SHCO) reported $1.29B in revenue for fiscal year 2024. This represents a 124% increase from $576.0M in 2018.

Soho House & Co Inc. (SHCO) grew revenue by 6.0% over the past year. This is steady growth.

Soho House & Co Inc. (SHCO) reported a net loss of $77.3M for fiscal year 2024.

Dividend & Returns

Soho House & Co Inc. (SHCO) generated $25.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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Soho House & Co Inc. (SHCO) 10-Year Financial Performance & Capital Metrics

SHCO • • Industrial / General

Consumer CyclicalHotels & LodgingBoutique & Membership HospitalityMembership-Based Hospitality Clubs

Revenue $1.2B +6.0%
EBITDA $31M -64.4%
Net Income -$163M -38.2%
EPS (Diluted) -0.83 -38.3%
Gross Margin 46.97% -2.4%
EBITDA Margin 2.61% -66.4%
Operating Margin -5.82% -187.3%
Net Margin -13.54% -30.4%
ROE -
ROIC -2.73% -209.8%
Debt/Equity -
Interest Coverage -0.84 -206.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 13.4%
✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y13.4%

3Y29.02%

TTM8.2%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM41.52%

EPS CAGR

10Y-

5Y-

3Y-

TTM43%

ROCE

10Y Avg-4.99%

5Y Avg-6.17%

3Y Avg-3.96%

Latest-3.44%

Peer Comparison

Membership-Based Hospitality Clubs

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
SHCOSoho House & Co Inc.	480.84M	8.88	-10.70	5.98%	-6%		1.61%

Profit & Loss

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	575.96M	642.03M	384.38M	560.55M	976M	1.14B	1.2B
Revenue Growth %	-	0.11%	-0.4%	0.46%	0.74%	0.16%	0.06%
Cost of Goods Sold+	507.09M	581.58M	220.04M	308.84M	530.73M	589.36M	638.34M
COGS % of Revenue	0.88%	0.91%	0.57%	0.55%	0.54%	0.52%	0.53%
Gross Profit+	68.87M	60.46M	164.34M	251.71M	445.27M	546.52M	565.47M
Gross Margin %	0.12%	0.09%	0.43%	0.45%	0.46%	0.48%	0.47%
Gross Profit Growth %	-	-0.12%	1.72%	0.53%	0.77%	0.23%	0.03%
Operating Expenses+	82.77M	98.94M	319.07M	439.74M	596.31M	569.52M	635.51M
OpEx % of Revenue	0.14%	0.15%	0.83%	0.78%	0.61%	0.5%	0.53%
Selling, General & Admin	82.77M	98.94M	77.57M	116.04M	151.12M	163.81M	168.94M
SG&A % of Revenue	0.14%	0.15%	0.2%	0.21%	0.15%	0.14%	0.14%
Research & Development	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-
Other Operating Expenses	0	0	241.5M	323.7M	445.2M	405.71M	466.57M
Operating Income+	-13.9M	-38.49M	-154.73M	-188.03M	-151.04M	-23M	-70.04M
Operating Margin %	-0.02%	-0.06%	-0.4%	-0.34%	-0.15%	-0.02%	-0.06%
Operating Income Growth %	-	-1.77%	-3.02%	-0.22%	0.2%	0.85%	-2.04%
EBITDA+	34.49M	18.65M	-84.93M	-104.41M	-51.12M	88.4M	31.48M
EBITDA Margin %	0.06%	0.03%	-0.22%	-0.19%	-0.05%	0.08%	0.03%
EBITDA Growth %	-	-0.46%	-5.55%	-0.23%	0.51%	2.73%	-0.64%
D&A (Non-Cash Add-back)	48.39M	57.14M	69.8M	83.61M	99.92M	111.4M	101.52M
EBIT	-32.1M	-59.42M	-158.26M	-183.44M	-146.71M	-25.42M	-66.72M
Net Interest Income+	-57.7M	-64.11M	-77.79M	-84.38M	-71.5M	-84.14M	-83.53M
Interest Income	0	0	0	0	0	0	0
Interest Expense	57.7M	64.11M	77.79M	84.38M	71.5M	84.14M	83.53M
Other Income/Expense	-57.42M	-64.67M	-81.32M	-79.79M	-67.19M	-83.27M	-80.21M
Pretax Income+	-89.8M	-123.53M	-236.05M	-267.82M	-218.23M	-106.28M	-150.25M
Pretax Margin %	-0.16%	-0.19%	-0.61%	-0.48%	-0.22%	-0.09%	-0.12%
Income Tax+	43K	4.47M	-776K	894K	5.13M	10.81M	13.32M
Effective Tax Rate %	1.02%	1.03%	0.97%	0.99%	1.03%	1.11%	1.08%
Net Income+	-91.36M	-127.74M	-228.46M	-265.39M	-224.16M	-117.95M	-162.97M
Net Margin %	-0.16%	-0.2%	-0.59%	-0.47%	-0.23%	-0.1%	-0.14%
Net Income Growth %	-	-0.4%	-0.79%	-0.16%	0.16%	0.47%	-0.38%
Net Income (Continuing)	-89.85M	-128M	-235.28M	-268.71M	-223.36M	-117.09M	-163.57M
Discontinued Operations	0	0	0	0	0	0	0
Minority Interest	50.34M	35.65M	58.43M	6.06M	7.06M	7.74M	5.6M
EPS (Diluted)+	-0.44	-0.62	-1.15	-1.88	-1.10	-0.60	-0.83
EPS Growth %	-	-0.41%	-0.85%	-0.63%	0.41%	0.45%	-0.38%
EPS (Basic)	-0.44	-0.62	-1.15	-1.88	-1.10	-0.60	-0.83
Diluted Shares Outstanding	205.42M	205.42M	201.96M	173.69M	199.99M	195.59M	195.16M
Basic Shares Outstanding	205.42M	205.42M	201.96M	173.69M	199.99M	195.59M	195.16M
Dividend Payout Ratio	-	-	-	-	-	-	-

Balance Sheet

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	162.71M	147.57M	135.74M	326.7M	381.21M	388.74M	388.4M
Cash & Short-Term Investments	71.46M	46.96M	55.24M	213.71M	183.61M	160.48M	155.09M
Cash Only	71.46M	44.05M	52.89M	212.83M	182.12M	159.16M	152.72M
Short-Term Investments	0	2.91M	2.35M	879K	1.49M	1.32M	2.38M
Accounts Receivable	63.04M	59.88M	50.87M	24.89M	117.55M	150.06M	163.15M
Days Sales Outstanding	39.95	34.04	48.31	16.21	43.96	48.22	49.47
Inventory	18.78M	28.47M	22.55M	29.7M	57.85M	57.6M	54.42M
Days Inventory Outstanding	13.52	17.87	37.41	35.1	39.78	35.67	31.12
Other Current Assets	45.55M	9.36M	4.73M	32.36M	7.93M	1.95M	3.6M
Total Non-Current Assets+	1.27B	1.82B	1.97B	2.05B	2.09B	2.14B	2.06B
Property, Plant & Equipment	1.04B	1.49B	1.63B	1.68B	1.73B	1.77B	1.73B
Fixed Asset Turnover	0.55x	0.43x	0.24x	0.33x	0.56x	0.64x	0.69x
Goodwill	123.21M	191.18M	201.48M	214.26M	199.65M	206.28M	195.29M
Intangible Assets	0	106.71M	107.84M	132.16M	125.97M	127.24M	102.61M
Long-Term Investments	15.79M	24.85M	24.1M	23.62M	21.63M	21.7M	13.22M
Other Non-Current Assets	94.73M	3.04M	3.46M	2.35M	6.57M	9.48M	4.6M
Total Assets+	1.44B	1.96B	2.1B	2.38B	2.47B	2.53B	2.44B
Asset Turnover	0.40x	0.33x	0.18x	0.24x	0.40x	0.45x	0.49x
Asset Growth %	-	0.37%	0.07%	0.13%	0.04%	0.02%	-0.03%
Total Current Liabilities+	336.91M	302.64M	359.46M	329.76M	395.8M	426.82M	474.16M
Accounts Payable	86.31M	87.62M	104.31M	124.65M	152.66M	142.69M	154.94M
Days Payables Outstanding	62.13	54.99	173.04	147.32	104.99	88.37	88.59
Short-Term Debt	121.61M	72.8M	89.41M	28.58M	25.62M	29.29M	34.62M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	30.69M	22.07M	38.58M	29.05M	36.02M	35.83M	39.38M
Current Ratio	0.48x	0.49x	0.38x	0.99x	0.96x	0.91x	0.82x
Quick Ratio	0.43x	0.39x	0.31x	0.90x	0.82x	0.78x	0.70x
Cash Conversion Cycle	-8.66	-3.08	-87.32	-96.01	-21.24	-4.48	-8.01
Total Non-Current Liabilities+	1.13B	1.84B	2.12B	1.87B	2.09B	2.27B	2.3B
Long-Term Debt	443.93M	626.85M	706.97M	574.47M	696.09M	772.67M	794.25M
Capital Lease Obligations	667.6M	1.1B	1.21B	1.26B	1.36B	1.46B	1.45B
Deferred Tax Liabilities	0	2.28M	1.3M	1.86M	1.67M	1.51M	2.29M
Other Non-Current Liabilities	0	91.69M	175.47M	975K	256K	5.94M	23.7M
Total Liabilities	1.46B	2.15B	2.48B	2.2B	2.48B	2.7B	2.77B
Total Debt+	1.25B	1.82B	2.03B	1.9B	2.12B	2.31B	2.34B
Net Debt	1.17B	1.78B	1.98B	1.69B	1.94B	2.15B	2.19B
Debt / Equity	-	-	-	10.45x	-	-	-
Debt / EBITDA	36.11x	97.64x	-	-	-	26.14x	74.37x
Net Debt / EBITDA	34.04x	95.28x	-	-	-	24.34x	69.52x
Interest Coverage	-0.24x	-0.60x	-1.99x	-2.23x	-2.11x	-0.27x	-0.84x
Total Equity+	-29.53M	-181.97M	-373.99M	182.19M	-15.38M	-167.15M	-329.46M
Equity Growth %	-	-5.16%	-1.06%	1.49%	-1.08%	-9.87%	-0.97%
Book Value per Share	-0.14	-0.89	-1.85	1.05	-0.08	-0.85	-1.69
Total Shareholders' Equity	-79.87M	-217.62M	-432.42M	176.13M	-22.44M	-174.89M	-335.06M
Common Stock	258.8M	262.53M	265.18M	2.02M	2.04M	2.06M	2.08M
Retained Earnings	-400.54M	-528.64M	-757.1M	-1.02B	-1.24B	-1.38B	-1.54B
Treasury Stock	0	0	0	0	-50M	-62M	-79.4M
Accumulated OCI	9.23M	26K	-13.26M	6.9M	54.85M	29.64M	35.17M
Minority Interest	50.34M	35.65M	58.43M	6.06M	7.06M	7.74M	5.6M

Cash Flow

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	44.38M	-2.28M	-38.23M	-127.42M	11.86M	46.99M	89.68M
Operating CF Margin %	0.08%	-0%	-0.1%	-0.23%	0.01%	0.04%	0.07%
Operating CF Growth %	-	-1.05%	-15.77%	-2.33%	1.09%	2.96%	0.91%
Net Income	-91.36M	-127.74M	-228.46M	-268.71M	-223.36M	-117.09M	-163.57M
Depreciation & Amortization	48.39M	57.14M	69.8M	83.61M	99.92M	111.4M	101.52M
Stock-Based Compensation	0	0	2.62M	26.66M	26.21M	18.88M	14.66M
Deferred Taxes	0	0	0	-273K	237K	-607K	-3.83M
Other Non-Cash Items	118.48M	39.04M	37.26M	-17.32M	109.12M	60.15M	93.54M
Working Capital Changes	61.32M	29.28M	80.55M	48.62M	-258K	-25.75M	47.34M
Change in Receivables	9.47M	-18.53M	10.58M	-5.86M	-24.28M	-14.23M	-21.27M
Change in Inventory	-5.15M	-8.75M	6.97M	-7.56M	-29.61M	-9.75M	2.55M
Change in Payables	0	0	0	27.19M	0	4.53M	26.78M
Cash from Investing+	-135.32M	-210.78M	-139.87M	-119.14M	-92.75M	-82.36M	-71.24M
Capital Expenditures	-137.01M	-161.7M	-139.44M	-103.08M	-72.34M	-67.76M	-64.19M
CapEx % of Revenue	0.24%	0.25%	0.36%	0.18%	0.07%	0.06%	0.05%
Acquisitions	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-
Other Investing	0	0	0	0	-20.41M	-14.6M	-17.75M
Cash from Financing+	111.51M	196.96M	179.7M	408.16M	52.84M	4.91M	-19.91M
Debt Issued (Net)	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-
Dividends Paid	-1.27M	-364K	0	-19.9M	0	0	0
Share Repurchases	-	-	-	-	-	-	-
Other Financing	14.14M	9.73M	26.47M	-22.42M	-3.07M	-4.9M	-1.45M
Net Change in Cash	-	-	-	-	-	-	-
Free Cash Flow+	-92.63M	-150.23M	-177.67M	-230.5M	-82.15M	-36.89M	7.75M
FCF Margin %	-0.16%	-0.23%	-0.46%	-0.41%	-0.08%	-0.03%	0.01%
FCF Growth %	-	-0.62%	-0.18%	-0.3%	0.64%	0.55%	1.21%
FCF per Share	-0.45	-0.73	-0.88	-1.33	-0.41	-0.19	0.04
FCF Conversion (FCF/Net Income)	-0.49x	0.02x	0.17x	0.48x	-0.05x	-0.40x	-0.55x
Interest Paid	37.17M	0	28.54M	130.26M	29.89M	32.25M	34.38M
Taxes Paid	317K	0	1.7M	310K	585K	5.54M	3.77M

Key Ratios

Metric	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-	-145.67%	-268.75%	-	-
Return on Invested Capital (ROIC)	-0.91%	-2.11%	-7.25%	-8.1%	-5.96%	-0.88%	-2.73%
Gross Margin	11.96%	9.42%	42.75%	44.9%	45.62%	48.11%	46.97%
Net Margin	-15.86%	-19.9%	-59.44%	-47.35%	-22.97%	-10.38%	-13.54%
Debt / Equity	-	-	-	10.45x	-	-	-
Interest Coverage	-0.24x	-0.60x	-1.99x	-2.23x	-2.11x	-0.27x	-0.84x
FCF Conversion	-0.49x	0.02x	0.17x	0.48x	-0.05x	-0.40x	-0.55x
Revenue Growth	-	11.47%	-40.13%	45.83%	74.11%	16.38%	5.98%

Revenue by Segment

	2021	2022	2023	2024
Membership Revenue	198.08M	283.68M	374.22M	431.72M
Membership Revenue Growth	-	43.21%	31.92%	15.37%
Other	-	-	-	317.83M
Other Growth	-	-	-	-
Elimination Of Equity Accounted Revenue	-32.02M	-45.27M	-51.83M	-53.12M
Elimination Of Equity Accounted Revenue Growth	-	-41.38%	-14.47%	-2.49%
In House Revenue	227.84M	447.63M	507.81M	-
In House Revenue Growth	-	96.46%	13.44%	-
Other Revenue	166.65M	286.18M	305.68M	-
Other Revenue Growth	-	71.72%	6.82%	-

Revenue by Geography

	2021	2022	2023	2024
North America	226.71M	404.04M	456.42M	473.44M
North America Growth	-	78.22%	12.96%	3.73%
UK	126.11M	307.63M	358.2M	368.2M
UK Growth	-	143.94%	16.44%	2.79%
Europe ROW	47.45M	157.76M	211.99M	201.2M
Europe ROW Growth	-	232.50%	34.38%	-5.09%
All Other	92.42M	148.06M	151.21M	160.97M
All Other Growth	-	60.19%	2.13%	6.46%

Frequently Asked Questions

Growth & Financials

Soho House & Co Inc. (SHCO) reported $1.29B in revenue for fiscal year 2024. This represents a 124% increase from $576.0M in 2018.

Soho House & Co Inc. (SHCO) grew revenue by 6.0% over the past year. This is steady growth.

Soho House & Co Inc. (SHCO) reported a net loss of $77.3M for fiscal year 2024.

Dividend & Returns

Soho House & Co Inc. (SHCO) generated $25.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.