Venu Holding Corp reported widening losses in Q1 2026, with operational and financial performance deteriorating despite a significant capital raise. VENU's $104 million capital raise, including $86 million equity at 30% dilution, resulted in only a $15 million cash increase due to heavy PP&E investment and ongoing losses. Revenues grew just 11% year-over-year, failing to cover basic operational expenses, while interest expense now exceeds revenues and leverage continues to rise.
Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report)'s stock price traded down 7% on Thursday. The stock traded as low as $3.33 and last traded at $3.44. 500,252 shares changed hands during trading, an increase of 51% from the average session volume of 331,049 shares. The stock had previously closed at $3.70. Analysts Set
Venu Holding Corporation (VENU) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to a loss of $0.13 per share a year ago.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| RF Rekah Franca Catalyst Funds Management Pty Ltd. | 14,100 | $46,671 | $37,647 | -$9,024 | -19.34% |
Mark Perrault Intergy Private Wealth LLC | 72,091 | $597,887.5 | $168,692.94 | -$429,194.56 | -71.79% |
| NCI North Capital Inc. North Capital Inc. | 13,931 | $46,111.95 | $32,459.23 | -$13,652.72 | -29.61% |
| Hotels, Restaurants & Leisure Industry | Consumer Discretionary Sector | Jay W. Roth CEO | AMEX Exchange | 92333E104 CUSIP |
| US Country | 50 Employees | - Last Dividend | - Last Split | - IPO Date |
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