Why Inspirato Shares Are Moving Higher After Hours

Luxury travel subscription company Inspirato Inc ISPO reported fourth quarter and full fiscal year earnings after market close Thursday. Here are the highlights.

What Happened: Inspirato, which went public via SPAC merger, reported record active subscribers, pass subscribers, annual recurring revenue and accommodations in the fourth quarter.

Inspirato reported fourth-quarter revenue of $68 million, up 71% year-over-year.

Full fiscal year revenue was $235 million for the company, up 42% year-over-year. The total came in ahead of company forecasted revenue of $222 million.

The company ended the fiscal year with 14,875 active subscribers, up 18% year-over-year. Pass subscribers stood at 2,987 at the end off the fourth quarter, up 67% year-over-year.

Inspirato saw a record 95,994 nights delivered in 2021, up 71% year-over-year. Fourth-quarter nights delivered were 25,121, up 39% year-over-year.

“The past year was transformational in advancing Inspirato’s growth as the innovative luxury travel subscription brand,” CEO Brent Handler said.

What’s Next: Inspirato is expecting fiscal year 2022 revenue in a range of $350 million to $360 million.

ISPO Price Action: Inspirato shares are up 9% to $15.49 in after-hours trading Thursday.