Name | Value |
---|---|
Revenues | 301.0M |
Cost of Revenue | 73.7M |
Gross Profit | 227.2M |
Operating Expense | 35.6M |
Operating I/L | -20.4M |
Other Income/Expense | -16.8M |
Interest Income | 0.0M |
Pretax | -37.2M |
Income Tax Expense | -4.2M |
Net Income/Loss | -42.4M |
Membership Collective Group Inc. operates a global membership platform of physical and digital spaces, including Soho Houses, Soho Works clubs, The Ned, Soho Home, and Scorpios Beach Club, serving approximately 155,800 members. The company generates revenue through membership fees, hospitality services, food and beverage sales, and merchandise. Members use the MCG platform for work, socializing, and entertainment, creating a diverse revenue stream for the company.