Emerald Holding (NYSE:EEX) reported a significant expansion of its top-line results for fiscal year 2025, fueled by the aggressive integration of new event brands and a steady recovery in organic attendance across its core trade show portfolio.
The New York-based company posted full-year revenue of $463.4 million, representing a 16.2% increase over the previous year.
This growth was largely driven by recent strategic acquisitions, including Generis, This is Beyond, and Insurtech Insights.
On an organic basis—adjusting for the impact of those acquisitions and scheduling shifts—revenue rose 1.1% to $397 million.
Management noted that if the newly acquired brands had been part of the portfolio for the entirety of the prior year, organic revenue growth would have reached a more robust 4.8%.
Profitability metrics showed a divergence between GAAP and non-GAAP results.
Emerald reported a net loss of $30.7 million for the year, a sharp reversal from the $2.2 million in net income recorded in 2024.
The swing into the red was primarily attributed to one-time transaction costs, non-cash amortization associated with its acquisition spree, and higher interest expenses.