was million of XXX revenues in-house second. accelerating revenues up House points basis year-on-year the third XX% for of level $X new the a was year-on-year, revenues with XX%. and in growth Thanks, Other by impact quarter year-on-year, contribution Home Total openings. year-on-year and XX% to other Soho million Scorpios, house short-term XX% to contribution house up million, X% Andrew. while X% in million, supported for $XXX growth XX% XX% X% first $X the strong or revenue Mykonos up level were approximately up from rose summer and or Membership the quarter to despite sales. in margins growth grew $XXX continued
million on Year-on-year membership million, growth Membership revenues. increase $XX year-on-year, in detail Scorpios. million revenues pricing recurring by $X In-house revenues up driven higher were by in-house and Soho membership more strong a and $XX drove house driven other revenues revenues. were in revenues, other new Homes while very supported by increases revenues. openings, in were Giving million and up growth $XX
in we Like-for-like like-for-like followed revenues quarter. the year-on-year, U.K. slightly quarter, Rest was flat quarter Americas, up we the the the from our Note, exclude strongest down Tel saw like-for-like growth growth approximately saw year-on-year the in-house the calculation. for World in improvement Aviv by an of which slightly. second the Europe, were and from
adjusted year-on-year, with year-over-year. up margins quarter XX% third increasing basis XXX points million, Our approximately was $XX EBITDA
margins while as as hoped. they weren't strong we year-over-year, However, increased
approximately an approximately had FX or $X.X the quarter. to only benefit revenue, X% or million pound to X% EBITDA as had but $X in million benefit the significantly strengthened
the this is the are are revenue support While revenue in helpful, and as than of U.K. EBITDA currencies as smaller same in-house our is for the share our in greater typically costs the benefit costs to
excellence In ensure matches our addition, on, front to of rapidly taking are steps touched Andrew of performance house back house. operational we of our as strengthen to
our finance in you have expertise. know, adding we investing been As team, additional
plans and our enterprise company seamlessly today which more is ERP investments new allow cloud-based compliance, us replace hired over manage The effectively, enter who Chief the We our our investment with software It last to to membership more procurement, with and led we we in operations. are and current or payments a scale countries finance, making how to staffing finance by few reporting cost to for more will Transformation month. to planning in new XX a Officer, overhaul connect try will industry-leading resource that and important system, next years. is
to have investment over. sure overall been this over consultants of quarter also part checked we will support our to assist make to the plan the system into costs company our the that were back ERP a create with comprehensive of data consultant review As our to books improve of $X The go million. and the has hired house,
systems from our and of includes material have of previously for not an accounted that thing period now. revenues not not through or be we, were properly. investment our error, team should errors the have with other continued manual which expensed deemed One historical interfacing misstatements that in These found to to in not in prior financial was properly, This address consultants, aggregate, that statements. help this came out were found been that there finance been or have until costs for items
to adjustments financial to all would the these periods in as of we of impacts corrections material aggregate misstatements not identified. correction period, While the these material prior current determined out-of-period for the were be statements
detailed America sheet earnings our with payments prone handles carried balance segment largest periods explanations misstatements. to of with the ahead statements corporate result, half work is adjusted invoices sales error. we process, of and X-K our driver vendor first This a review more XXXX around and has have through The financial came a a North revised region and year XX XXX,XXX over per which out largest over for and manual been our entities. that XXX,XXX generally therefore ERP. we is XXXX of the the North our from have As XX-Q revisions in release, misstatements America prior over
We in investing have these to remediate this been area issues.
have lot with America ERP XX%. and who by that We like adding team fixes size our helping other accounting are the Corporate are the running. technology of someone around their fully and has We Controller a up until been of the is North new in this team increasing experience remediation situations system replaced
in third $XX repurchased of quarter shares the sheet. of million of equivalents, at net and down Now discussing debt. the from the quarter adjusted the the our quarter. end balance quarter the We million and to than debt XXXX. of We the We of Xx Xx $X ended at EBITDA, net cash million $XXX second cash of quarter, million lower ended with end $XXX
on to guidance. Moving
business. see our to momentum the continue core strong We of in drivers
House guidance our of million for membership Soho million. the of $XXX members revenue reiterating are to year reaching delivering the at over XXX,XXX and $XXX We end
previously However, the from approximately guidance billion billion $XX down $X.X to million to to the revenue to $X.X the range previous end of we midpoint. around lowering our billion are total $X.XX from low
and the companies of hasn't the heard some demand exposed year. into strong from spend quite the beverage as hoped food You've as been accommodation and heading revenue, other to end
year. While we we membership and end revenue. resilience revenue We've and benefit of in-house gives expectations to are the had us, the other our for choppy tempering enjoy a
revenue year-over-year growth saw first the since In weakest like-for-like seen mid-single the for digits. down October, quarter, we've month in-house
us recent growth like-for-like opposed also the to disclosed elections. that of flooding which some roughly Malibu impact October as However, close to fires, against We've significant unique also well U.S. as November had us through December down. such was gone temporarily significantly has FX facilities, Soho-FarmHouse flat. that with stronger the dollar appreciates much factors as property as across our some
discretionary consumer reiterating loyalty do worth exceed meet that It's trends, the macro foundation while is which we of business, feel here the our of continue and membership our to expectations. impact growth, and
midpoint $XXX as XX% to our $XXX $X We XQ $XXX higher and had XXXX 'XX margins strong as below EBITDA are we of about to by still not $XX also did approximately the lowered cutting million million adjusted our come first revisions prior approximately in hoped, million, but result. million revised half than guidance our approximately from guidance, million.
costs is through half well EBITDA have expectations. quarter associated will occur going would weigh we in in started and $XX ERP, typical and finish see sales which to of it as forward. that not flow we second from timing was as lower continue usual. on this of lower the the the lagged the factors will not the just million results also unique in the we as We prior fourth that expect has and business our quarter million $XX do expect But revenue to we approximately with restructure lower slightly fourth if
Andrew. hand that, back With me let to
