Romel Dianso's questions to Inspirato Inc (ISPO) leadership • Q4 2024
Question
Romel Dianso of Angus Capital requested an update on the progress of the $40 million annualized cost savings program, seeking details on the breakdown and future plans, particularly regarding leases.
Answer
CFO Michael Arthur confirmed that the company has already actioned the full $40 million in cost savings, which is reflected in the 2025 guidance. He noted a single large lease termination contributed about $8 million to EBITDA improvement. Arthur added that further portfolio optimization could yield another $4-5 million in lease savings and that the company continues to pursue operational efficiencies in personnel and corporate overhead.