Emerald Holding, Inc.

Emerald Holding, Inc. reported revenues of $463.4 million for fiscal year 2025, generating a gross profit of $294.7 million. Despite positive operating income of $22.5 million, the company recorded a net loss attributable to common stockholders of $30.7 million, primarily due to high interest expense of $48.8 million. The company maintained strong operating cash flow of $42.6 million, though net cash decreased by $93.9 million due to significant investing activities of $203.2 million, including $194.9 million for business acquisitions. The balance sheet shows total assets of $1.21 billion with stockholders' equity of $338.8 million, while total liabilities stand at $874.0 million, including $498.6 million in term loan debt.

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