Venu Holding Corporation Reports Its Annual 2025 and Fourth Quarter Results

Business

Venu Holding Corporation Reports Its Annual 2025 and Fourth Quarter Results

2026-04-01 04:15 Last Updated At：12:36

COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Mar 31, 2026--

Venu Holding Corporation ("VENU" or the "Company") (NYSE American: VENU), the visionary owner, operator, and developer of premium live entertainment destinations, announced today results for its fourth quarter and fiscal year ended December 31, 2025

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260331841417/en/

"From the very beginning, we made a commitment,” said JW Roth Founder, Chairman, and CEO of VENU, “To build something that would stand the test of time, perform at the highest level, and deliver value that speaks for itself. Today, we are doing exactly that.

"The numbers tell the story. Our balance sheet has grown from $83 million to over $370 million in total assets in just 24 months. An independent appraisal of our completed and in development portfolio came in at $1.24 billion on an as completed basis (1). This is a business grounded in tangible assets, measured expansion, and thoughtful capital deployment. Patient capital wins. And we are building this for the long game.

We know the market has been noisy. That is what early stages can look like for companies doing what we are doing. But here is what does not lie: steel went up in McKinney and Tulsa. Tulsa is targeted to open Fall 2026 and McKinney shortly after in Q1 2027. We opened our Sunset Hospitality Collection, the most sophisticated hospitality complex in our history. Luxe FireSuite TM sales broke records again, and our triple net model, which barely existed at the start of 2025, already accounts for 25% of total sales. The market didn't just respond. It leaned in.

"The live entertainment industry is evolving fast, and we are positioned to capitalize with residencies, immersive experiences, and AI-driven activations. The most profitable opportunities are going to the venues built to hold all of it. Our more than music strategy is not a pivot. It is how we stay ten steps ahead.

"We grew our team with people who have seen what winning looks like and chose VENU anyway. World-class artists and athletes are becoming shareholders. Municipalities are knocking. And just this week we added an executive from MSG Entertainment and Sphere, because where we are going demands that level of firepower.

"2026 is already proving the point. PepsiCo signed on as our official beverage partner. Ford Amphitheater made Billboard's 2026 Top Music Venues list. Roth's Sea & Steak was recognized among the best wine programs in the Americas. And remember, our most recent capital raise closed during one of the most volatile market stretches in recent memory. That is conviction.

"The people paying attention right now are going to look back on this moment. The venues are coming. The content is evolving. The model is proven. The market is hungry. And we are just getting to the good part.”

Financial Highlights for the Fourth Quarter and Full Year Ended December 31, 2025

Operational and Strategic Highlights for Q4 2025 and the Full Year 2025:

Venue Development

Content & Experience Innovation

Luxe FireSuiteTM& Capital Innovation

Team & Leadership

Market Recognition & Brand

Subsequent Events: January through March 2026

Conference Call Details

About Venu Holding Corporation

Venu Holding Corporation ("VENU") (NYSE American: VENU) is a premier owner, developer, and operator of luxury, experience-driven entertainment destinations. Founded by Colorado Springs entrepreneur J.W. Roth, VENU has a portfolio of premium brands that includes Ford Amphitheater, Sunset Amphitheaters, Phil Long Music Hall, The Hall at Bourbon Brothers, Bourbon Brothers Smokehouse and Tavern, Aikman Owners Clubs, and Roth’s Sea & Steak. With venues operating and in development across Colorado, Georgia, Oklahoma, and Texas and a nationwide expansion underway, VENU is setting a new standard for live entertainment.

VENU has been recognized nationally by The Wall Street Journal, The New York Times, Billboard, VenuesNow, and Variety for its innovative and disruptive approach to live entertainment. Through strategic partnerships with industry leaders such as AEG Presents, NFL Hall of Famer and Founder of EIGHT Elite Light Beer, Troy Aikman, Aramark Sports + Entertainment, Tixr, Niall Horan, and Dierks Bentley. VENU continues to shape the future of the entertainment landscape. For more information, visit VENU’s website, Instagram, LinkedIn, or X.

Forward Looking Statements

Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While Venu believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the company’s filings with the SEC, not limited to Risk Factors relating to its business contained therein. Thus, actual results could be materially different. Venu expressly disclaims any obligation to update or alter statements whether because of new information, future events or otherwise, except as required by law.

(1) Appraisal Disclosures

These appraisals used the cost basis, income, and comparable sales approaches to valuation and, after reconciliation, came to the appraised values of the properties. These approaches to valuation are commonly used approaches to value for appraisal of commercial properties, as opposed to assigning a valuation on the properties based solely on the cost basis of the properties. The total appraisal for the Colorado Springs campus includes a 5.5-acre parking lot that was later sold through a sale-leaseback transaction in November 2025 for $14 million. At the time of the original appraisal, that parcel was valued at $9.2 million. It is important to understand that the appraisal of VENU’s properties takes into account, among other factors, the valuation of the Company’s real estate and developments at a specific point in time, and the appraised value is subject to (and likely to) change at any time, whether it increases or decreases, and such changes could be caused by macro and micro factors over which we have no control. The appraisal of the property portfolio is only an estimate of its value as to the date of the appraisal and based only on the specific appraisal methodologies and should not be relied upon as a measure of its realized value or the value at which any property could be sold to a third party. Other appraisal methodologies may yield materially different appraised value. Furthermore, the appraised value of the properties differs from the values assigned to it under generally accepted accounting principles in the United Stated (“GAAP”), which require the values of the properties to be valued at their cost basis for financial presentation purposes, and therefore the appraised values represent an unaudited measure that may not represent fair value, as defined under GAAP, and such values and appraisals are not, and will not be, subject to audit or other review procedures by our outside independent accountants.

The opinions expressed in the appraisal are based on estimates and forecasts that are prospective in nature and subject to certain risks and uncertainties. Events may occur that could cause the performance of the properties to materially differ from the estimates utilized by the appraiser, such as changes in the economy, interest rates, capitalization rates, the financial strength of the live-music and entertainment industries, and the behavior of event attendees, investors, lenders, and municipalities. The Company reviews each appraisal of its properties to confirm that the information provided to the appraiser is accurately reflected in the appraisal, but it does not validate the methodologies, inputs, and professional judgment utilized by the certified appraiser.

An Ebola center is burned in Congo as fear and anger grows over the outbreak

BUNIA, Congo (AP) — People set fire to an Ebola treatment center in a town at the heart of the outbreak in eastern Congo on Thursday after being stopped from retrieving the body of a local man, a witness and a senior police officer said, as fear and anger grow over a health crisis that doctors are struggling to contain.

The arson attack in Rwampara reflects the challenges of health workers trying to curb a rare Ebola virus by using stringent measures that might clash with local customs, such as burial rites. The disease has been spreading for weeks in a region lacking in health facilities and where armed conflict has displaced many people.

The dangerous work of burying suspected victims is being managed wherever possible by authorities because the bodies of those who die from Ebola can be highly contagious and lead to further spread when people prepare bodies for burial and gather for funerals.

That policy can be extremely unpopular with victims' families and friends, who aren't given the chance to bury their loved ones.

The center in Rwampara was burned by local youths who became angry while trying to retrieve the body of a friend who had apparently died of Ebola, according to a witness who spoke to The Associated Press by telephone.

“The police intervened to try to calm the situation, but unfortunately they were unsuccessful,” said Alexis Burata, a local student who said he was in the area. "The young people ended up setting fire to the center. That’s the situation.”

An AP journalist saw people break into the center and set fire to objects inside and also to what appeared to be the body of at least one suspected Ebola victim that was being stored there. Aid workers fled the treatment center in vehicles.

Deputy Senior Commissioner Jean Claude Mukendi, head of the public security department, Ituri Province, said it was due to youths who didn't understand the protocols required for burying suspected Ebola victims.

“His family, friends, and other young people wanted to take his body home for a funeral even though the instructions from the authorities during this Ebola virus outbreak are clear," Mukendi said. "All bodies must be buried according to the regulations."

Hama Amadou, the field Coordinator for the humanitarian organization ALIMA, which had teams working at the center, said later that calm had been restored and the aid teams were continuing their work at the center.

The flash of anger underlined the complications faced by both Congolese authorities and an array of aid agencies trying to stem an outbreak the World Health Organization has declared a public health emergency of international concern.

There are 148 suspected deaths and nearly 600 suspected cases, according to the U.N., with two cases including one death in neighboring Uganda. But the head of the WHO has said the outbreak is almost certainly much larger and has also expressed concern over the speed of the spread.

The risk of the outbreak spreading globally is low, the WHO has said, but high regionally with the Ituri Province at the center of the outbreak bordering Uganda and South Sudan.

“The priority now is to act quickly and work closely with communities, as the coming days are critical,” said Ariel Kestens, the head of the International Federation of Red Cross and Red Crescent Societies delegation in Congo.

Health workers and aid groups have said they are in dire need of more supplies and staff to respond. Also, there is no available vaccine or medicine for the Bundibugyo strain responsible for the outbreak.

An expert said this week it would be at least six to nine months before one would be available.

The virus spread undetected for weeks following the first known death in late April as Congolese health authorities tested for a different Ebola virus more commonly responsible for outbreaks in the country.

On Thursday, the M23 rebel group that controls parts of eastern Congo reported a confirmed case near the major city of Bukavu, some 500 kilometers (310 miles) south of the outbreak’s epicenter in Ituri Pronvince. The person died, M23 said in a statement.

As well as Ituri, other cases had been confirmed in North Kivu province and two in Uganda. But the announcement by M23 was the first confirmation of a case in South Kivu.

Health officials have not yet found “patient zero,” according to the WHO.

Investigations are continuing into the source of the outbreak, but “given the scale, we are thinking that it has started probably a couple of months ago,” said Anaïs Legand, a viral hemorrhagic fevers expert at the WHO.

India and the ⁠African Union said Thursday that the ⁠India-Africa ⁠Forum Summit, scheduled to be held next week in ‌New Delhi, had been postponed due to ⁠the “evolving health situation in parts of Africa.”

On Wednesday, Congo’s soccer team canceled a three-day World Cup preparation training camp and a planned farewell to fans in the capital Kinshasa because of the Ebola outbreak.

The U.S. Department of Homeland Security announced that any flights carrying American citizens or U.S. permanent residents who had visited Congo, Uganda or South Sudan in the previous 21 days would be redirected to Washington Dulles International Airport from Thursday, where there would be enhanced Ebola screening.

The U.S. had already put in place restrictions banning other travelers who had been in those three countries in the previous 21 days from entering the U.S.

Pronczuk reported from Dakar, Senegal and Imray from Cape Town, South Africa. Associated Press writers Jamey Keaten in Geneva; Jean Yves Kamale in Kinshasa, Congo; and Wilson McMakin in Dakar, Senegal contributed to this report.

For more on Africa and development: https://apnews.com/hub/africa-pulse

The Associated Press receives financial support for global health and development coverage in Africa from the Gates Foundation. The AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.