Inspirato rporated(ISPO)

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Inspirato rporated(ISPO) - 2025 Q2 - Quarterly Results
2025-08-12 20:05
DENVER, August 12, 2025 – Inspirato Incorporated ("Inspirato" or the "Company") (Nasdaq: ISPO), the premier luxury vacation club and property technology company, today reported results for the second quarter ("Q2 2025") ended June 30, 2025. The Company also provided an update on its previously announced definitive agreement to combine with Buyerlink, a technology leader in operating online marketplaces and performance-based marketing. Q2 2025 Highlights Inspirato Reports Q2 Financial and Operating Results S ...
Inspirato to Announce Second Quarter 2025 Financial Results on Tuesday, August 12, 2025
Globenewswire· 2025-08-04 20:05
Conference call scheduled for Wednesday, August 13 at 11:00 AM ET / 9:00 AM MTDENVER, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Inspirato Incorporated (“Inspirato” or the “Company”) (Nasdaq: ISPO), the premier luxury vacation club and property technology company, today announced plans to release financial and operating results for the quarter ended June 30, 2025, after market close on Tuesday, August 12, 2025. The Company will host a conference call the following day on Wednesday, August 13 at 11:00 AM ET (9:00 AM ...
Inspirato Rolls Out New Global Ground Transportation Benefit with Savoya
Globenewswire· 2025-07-01 13:00
Core Insights - Inspirato Incorporated has announced a partnership with Savoya to enhance luxury travel experiences for its members, providing exclusive access to Savoya's elite chauffeur network in hundreds of destinations worldwide [1][3] Group 1: Partnership Details - The collaboration aims to elevate the Inspirato experience from the moment members leave their homes, ensuring that the journey is as luxurious as the destination [1][3] - Savoya operates in over 300 markets globally, known for its precision, discretion, and high-quality service, catering to Fortune 100 executives and ultra-high-net-worth individuals [2][6] Group 2: Member Benefits - Inspirato members will enjoy exclusive savings on Savoya bookings, access to a dedicated Savoya Client Care team for personalized coordination, and a more seamless experience between trip planning and ground transportation [8] - The partnership is designed to deepen member value and create incremental revenue opportunities for Inspirato, reinforcing member retention and loyalty [3][4] Group 3: Strategic Goals - The collaboration reflects Inspirato's commitment to thoughtful innovation and seamless service, aiming to create a travel experience that is effortless, secure, and personalized [4][3] - Both companies will explore new tools and co-branded offerings to streamline booking processes and enhance overall value for members [4]
Inspirato and Buyerlink Announce Definitive Agreement to Combine Companies, Forming One Planet Platforms
Globenewswire· 2025-06-26 13:00
Core Viewpoint - Inspirato and Buyerlink are merging through a reverse merger, valuing Buyerlink at approximately $326 million, aiming to create a leading platform for online marketplaces across various sectors, with projected revenues of around $350 million and adjusted EBITDA of approximately $30 million by 2025 [1][7]. Strategic Rationale - The merger aims to transform Inspirato from a luxury hospitality brand into a technology-driven luxury travel marketplace, enhancing member services and expanding luxury travel experiences [2]. - By integrating Buyerlink's capabilities, the combined entity will focus on maximizing value for members and tapping into new segments of the global luxury travel market [2]. Company Profiles - Inspirato is a luxury vacation club and property technology company, providing curated vacation options and custom travel experiences [14]. - Buyerlink is a leading marketing technology platform specializing in online marketplaces across high-value verticals, particularly in automotive and home services [15]. Transaction Details - The merger will consist of 90% common stock and 10% preferred stock, with preferred stock carrying a 7% accrued dividend [8]. - The average closing price of Inspirato's common stock prior to the agreement was $3.61 per share [8]. Governance and Leadership - One Planet Group will become the majority shareholder of the new entity, which will be named One Planet Platforms, with Payam Zamani serving as Chairman and CEO [9]. - Inspirato will continue to operate as a premier luxury travel company within the combined entity [9]. Approval Process - A Special Committee of Inspirato's Board of Directors conducted a thorough review and unanimously recommended the merger, which was subsequently approved by the full Board [11].
Is Inspirato Incorporated (ISPO) Outperforming Other Consumer Discretionary Stocks This Year?
ZACKS· 2025-06-12 14:46
Group 1 - Inspirato Incorporated (ISPO) is part of the Consumer Discretionary sector, which includes 255 stocks and has a Zacks Sector Rank of 12 [2] - ISPO has a Zacks Rank of 2 (Buy), with a 35.1% increase in the consensus estimate for its full-year earnings over the past quarter, indicating positive analyst sentiment [3] - ISPO has gained approximately 17.8% year-to-date, outperforming the average return of 6.3% for Consumer Discretionary companies [4] Group 2 - Inspirato Incorporated belongs to the Leisure and Recreation Services industry, which consists of 30 stocks and is currently ranked 86 in the Zacks Industry Rank; this industry has seen a decline of about 1.6% year-to-date [6] - In contrast, Lincoln Educational Services Corporation, another stock in the Consumer Discretionary sector, has a year-to-date return of 36.7% and is part of the Schools industry, which is ranked 18 [4][7]
Inspirato Partners with Regal Wings to Elevate the Way Members Fly
Globenewswire· 2025-06-11 13:00
Core Insights - Inspirato Incorporated has renewed its partnership with Regal Wings, enhancing the travel experience for its members by providing exclusive access to premium international airfare and concierge-level service [1][2][3] Company Overview - Inspirato is a luxury vacation club and property technology company that offers curated vacation options, including luxury vacation homes and five-star accommodations [5] - Regal Wings is a global leader in premium air travel, specializing in first-class and business-class international fares, known for its concierge-first approach [2][6] Partnership Details - The collaboration aims to create a seamless travel experience for Inspirato members, ensuring personalized and luxurious journeys from departure to return [3] - Members will benefit from premium international commercial airfare with no additional booking fees, provided bookings are made through a dedicated Inspirato link [3] Service Features - Regal Wings offers tailored airfare solutions and exclusive rates, emphasizing a high level of care and precision that aligns with Inspirato's elevated travel experience [3][6] - The partnership reflects a shared vision between Inspirato and Regal Wings to enhance the overall travel experience for discerning travelers [2][3]
Has Inspirato Incorporated (ISPO) Outpaced Other Consumer Discretionary Stocks This Year?
ZACKS· 2025-05-27 14:45
Company Overview - Inspirato Incorporated (ISPO) is a notable stock within the Consumer Discretionary sector, which consists of 255 individual stocks [2] - The company currently holds a Zacks Rank of 2 (Buy), indicating a favorable investment outlook based on earnings estimates and revisions [3] Performance Analysis - Year-to-date, Inspirato has achieved a return of approximately 5.4%, outperforming the average return of 3% for the Consumer Discretionary sector [4] - The Zacks Consensus Estimate for ISPO's full-year earnings has increased by 35.1% over the past quarter, reflecting improved analyst sentiment and a stronger earnings outlook [4] Industry Context - Inspirato is part of the Leisure and Recreation Services industry, which includes 31 companies and currently ranks 88 in the Zacks Industry Rank [6] - The Leisure and Recreation Services industry has experienced a decline of about 7.1% year-to-date, indicating that ISPO is performing better than its industry peers [6] Comparison with Peers - Lincoln Educational Services Corporation (LINC), another stock in the Consumer Discretionary sector, has returned 39.2% year-to-date and has a Zacks Rank of 2 (Buy) [5] - The Schools industry, to which LINC belongs, is currently ranked 27 and has seen an average increase of 8% year-to-date [7]
Inspirato rporated(ISPO) - 2025 Q1 - Quarterly Report
2025-05-08 20:11
Financial Performance - Revenue for Q1 2025 was $65,889,000, a decrease of 18% compared to $80,245,000 in Q1 2024[19] - Gross margin for Q1 2025 was $25,545,000, down from $31,721,000 in Q1 2024, reflecting a decline of approximately 19%[19] - Net income for Q1 2025 was $1,622,000, compared to $2,249,000 in Q1 2024, representing a decrease of about 28%[19] - Revenues declined to $65.9 million for the three months ended March 31, 2025, down from $80.2 million for the same period in 2024, representing a decrease of approximately 17.5%[31] - Total revenue for the three months ended March 31, 2025, was $65.889 million, a decrease of 18% compared to $80.245 million for the same period in 2024[118] - Revenue from residence and hotel travel was $38.281 million, down 13% from $44.190 million in the prior year[118] - Subscription revenue decreased by $7.2 million from $28.1 million in Q1 2024 to $20.9 million in Q1 2025, primarily due to a 14% decrease in the number of subscriptions[155] - Net income and comprehensive income decreased by $627,000 from $2.2 million in Q1 2024 to $1.6 million in Q1 2025, a decrease of 28%[152] Assets and Liabilities - Total current assets decreased to $55,091,000 in Q1 2025 from $58,383,000 in Q4 2024, a decline of approximately 4%[16] - Total liabilities decreased to $395,285,000 in Q1 2025 from $403,737,000 in Q4 2024, a reduction of about 2%[16] - Cash, cash equivalents, and restricted cash at the end of Q1 2025 were $29,463,000, down from $33,286,000 at the end of Q1 2024, a decrease of approximately 11%[25] - The Company had $16.4 million in cash and cash equivalents as of March 31, 2025, down from $21.8 million as of December 31, 2024[31] - As of March 31, 2025, the company had $29.463 million in total financial assets measured at fair value, including $16.445 million in cash and cash equivalents and $13.018 million in restricted cash[99] Operational Metrics - Active paid member subscriptions and nights delivered experienced declines, contributing to negative cash flows from operating activities of $6.6 million for the three months ended March 31, 2025[31] - As of March 31, 2025, the total number of Active Subscriptions decreased to 11,600 from 13,000 in 2024, with Club subscriptions at 10,200 and Pass subscriptions at 1,300[139] - Average Daily Rate (ADR) for residences increased to $2,124 in Q1 2025 from $1,965 in Q1 2024, while occupancy decreased to 74% from 80%[144] Expenses - Cost of revenue decreased by $8.2 million from $48.5 million in Q1 2024 to $40.3 million in Q1 2025, a reduction of 17%[157] - General and administrative expenses decreased by $3.2 million from $14.6 million in Q1 2024 to $11.4 million in Q1 2025, a decrease of 22%[158] - Sales and marketing expenses decreased by $3.7 million from $8.7 million in Q1 2024 to $5.0 million in Q1 2025, a decline of 43%[159] Financing Activities - The company raised $2,000,000 from the exercise of Investment Warrants on February 21, 2025[29] - The company entered into an investment agreement to sell 2.9 million shares of Class A Common Stock for an aggregate purchase price of $10,000,000[29] - The Company issued a convertible note in a principal amount of $25.0 million, with net proceeds of $23.1 million after deducting debt issuance costs[52] - The company has an aggregate offering of up to $17.6 million of Class A Common Stock for sale under the Sales Agreement with Northland Securities, Inc.[34] Legal Matters - The company is involved in various legal proceedings but does not expect any material impact on its consolidated financial position from ongoing litigation[95] - A class action lawsuit was filed alleging that prior public statements about the company's financial condition were materially false and misleading, particularly regarding the restatement of financial statements for the periods ended March 31, 2022, and June 30, 2022[208] - The court granted the company's motion to dismiss the class action lawsuit without prejudice on September 23, 2024, but the plaintiff has since filed amended motions[208] Future Outlook - The company expects cash and cash equivalents on hand to meet projected working capital and capital expenditure requirements for at least the next twelve months[168] - The company expects its strategic partnership with Capital One to enhance demand for travel services and generate qualified leads for its offerings[137]
Inspirato rporated(ISPO) - 2025 Q1 - Earnings Call Transcript
2025-05-08 18:02
Inspirato (ISPO) Q1 2025 Earnings Call May 08, 2025 01:00 PM ET Company Participants Bita Milanian - SVP, MarketingPayam Zamani - Chief Executive Officer and Chairman of the BoardMichael Arthur - CFO Conference Call Participants Mike Grondahl - Head of Equities, Director of Research & Senior Research Analyst Operator Greetings, and welcome to Inspirato's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in listen only mode. A question and answer session will follo ...
Inspirato rporated(ISPO) - 2025 Q1 - Earnings Call Transcript
2025-05-08 18:02
Inspirato (ISPO) Q1 2025 Earnings Call May 08, 2025 01:00 PM ET Company Participants Bita Milanian - SVP, MarketingPayam Zamani - Chief Executive Officer and Chairman of the BoardMichael Arthur - CFO Conference Call Participants Mike Grondahl - Head of Equities, Director of Research & Senior Research Analyst Operator Greetings, and welcome to Inspirato's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in listen only mode. A question and answer session will follo ...