Inspirato Incorporated (NASDAQ:ISPO) Q4 2023 Earnings Call Transcript

As it relates to subscription revenue, that is generally a fairly straight line as well, although as we talked about before, we’ll see a decline in our past number of subscriptions, as we go through the year. So there will be a decline over time in subscription revenue. You could think of that fairly straight line across the year. When it comes to travel, we have our periods where we have folks traveling more, and we have periods where people actually book travel more. And so typically, Q1, Q3 and Q4, are heavier travel periods relative to Q2. Q2, is you just don’t see as much in that April to June time frame, but it’s also a time where there’s more bookings generally to prepare for either the summer season, or even to prepare to start getting ready for year-end travel again.

So expect that revenues, we will follow for travel, something along those paths, between Q1, Q3 and Q4, there’s a little bit of seasonality even within those. But overall, we’d say that’s when we’ll see the higher revenue, because it’s when people take the trips that we recognize the revenue.

Unidentified Analyst: Thank you.

Operator: Thank you. I’m showing no further questions at this time. I would now like to turn it back to CEO, Eric Grosse, for closing remarks.

Eric Grosse: Terrific. Well, thanks, everyone, for listening and participating in our fourth quarter call. Look, we’re committed to keeping our lines of communication open and look forward to our next earnings call for the first quarter, which will be in May. In the meantime, thanks very much and talk soon.

Operator: This concludes today’s conference call. Thank you for participating. You may now disconnect.