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Inspirato ( (ISPO) ) just unveiled an announcement.
Inspirato reported its financial results for the fourth quarter and full year of 2024, highlighting significant improvements in profitability and cash flow. The company achieved a net loss reduction of 86% year-over-year in the fourth quarter and improved its adjusted EBITDA by $7.3 million. Despite a decrease in total revenue by 11% in the fourth quarter and 15% for the full year, Inspirato plans to achieve full-year profitability in 2025 by optimizing operational efficiencies and strengthening gross margins. The company also added 14 new luxury residences and maintained an industry-leading Net Promoter Score of 70.
More about Inspirato
Inspirato is a premier luxury vacation club that focuses on providing high-end travel experiences and subscription-based services. The company is known for its luxury residences and aims to enhance the member experience through investments in homes, technology, and its sales organization.
YTD Price Performance: 18.90%
Average Trading Volume: 43,581
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $47.22M
See more insights into ISPO stock on TipRanks’ Stock Analysis page.