Soho House, the exclusive private club, reported a fourth-quarter loss of $57 million (£44 million) but said its waiting list had now reached a new high.

The listed company reported a loss of 0.29 cents (0.23 GBP) per share. Net debt rose from 531 million GBP (417 million GBP) to 638 million GBP (500 million GBP).

The haunted house, whose members include English royals Harry and Meghan, said adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) reached $36.6 million (£28.7 million), an increase of $13.4 million (£10 million) from the fourth quarter of 2022.

The number of Soho House members increased from 184,542 in the third quarter of 2023 to 193,865, an increase of 19.7 percent year-on-year.

The waiting list for the club, which charges over £1,000 a year, is also longer than ever before, at around 99,000 people.

The London-based leisure and networking club has also opened a number of new Soho Houses this year, including in Mexico City and Portland.

Andrew Carnie, boss of Soho House and Co, said: “The strong results we have achieved in 2023 demonstrate our continued focus on driving a better member experience and significant progress in improving profitability.

“We were able to increase Soho House membership by around 20 percent, thanks in part to the continued development of the houses and our first foray into Southeast Asia and Latin America.

“We more than doubled adjusted EBITDA, representing a margin of 11 percent, up from six percent in 2022.”

The update comes weeks after short-seller Glasshouse Research released a scathing report claiming the company was heading down the same path as collapsed real estate and technology company WeWork.

Soho House said it “fundamentally denies” the allegations made in the report, saying they were intended to “negatively influence the company’s share price to the benefit of the short seller.”