Sotherly Hotels Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	116.62	119.08	114.75	109.55	88.63	49.19
Other Revenue	60.96	61.31	58.86	56.46	38.76	22.22
Total Revenue	177.57	180.39	173.61	166.02	127.39	71.42
Revenue Growth (YoY	-1.27%	3.91%	4.57%	30.32%	78.37%	-61.55%
Property Expenses	134.8	135.08	129.05	119.61	96.69	74.73
Selling, General & Administrative	7.39	6.79	7.08	6.62	7	6.49
Depreciation & Amortization	19.76	19.38	18.79	18.65	19.91	19.9
Total Operating Expenses	161.95	161.25	154.92	144.89	123.6	101.12
Operating Income	15.62	19.14	18.69	21.13	3.79	-29.7
Interest Expense	-22.17	-20.88	-17.59	-19.77	-22.69	-18.06
Interest & Investment Income	0.32	0.69	0.8	0.19	0.15	0.21
Other Non-Operating Income	0.73	0.59	-0.28	2.92	1.49	-0.99
EBT Excluding Unusual Items	-5.5	-0.45	1.62	4.46	-17.26	-48.53
Gain (Loss) on Sale of Assets	-	0	0	29.42	0.16	-0.14
Total Insurance Settlements	1.5	1.5	0.23	0.06	0.2	0.09
Asset Writedown	-	-	-	-	-12.2	-
Other Unusual Items	3.67	0.26	1.65	0.54	0.59	0.18
Pretax Income	-0.33	1.31	3.5	34.48	-28.51	-48.4
Income Tax Expense	0.06	0.13	-0.3	0.52	0.03	5.28
Earnings From Continuing Operations	-0.39	1.18	3.81	33.96	-28.54	-53.68
Minority Interest in Earnings	0.12	0.12	0.13	-1.42	2.32	4.49
Net Income	-0.27	1.3	3.94	32.54	-26.22	-49.19
Preferred Dividends & Other Adjustments	7.97	7.99	8.03	7.81	7.18	8.76
Net Income to Common	-8.24	-6.69	-4.08	24.72	-33.4	-57.95
Net Income Growth	-	-66.96%	-87.89%	-	-	-
Basic Shares Outstanding	20	19	19	18	16	14
Diluted Shares Outstanding	20	19	19	18	16	14
Shares Change (YoY)	3.37%	3.05%	5.84%	14.62%	8.52%	4.91%
EPS (Basic)	-0.41	-0.34	-0.22	1.39	-2.15	-4.05
EPS (Diluted)	-0.41	-0.34	-0.22	1.39	-2.15	-4.05
Operating Margin	8.79%	10.61%	10.77%	12.73%	2.97%	-41.59%
Profit Margin	-4.64%	-3.71%	-2.35%	14.89%	-26.22%	-81.14%
EBITDA	35.38	38.52	37.48	39.78	23.7	-9.8
EBITDA Margin	19.92%	21.36%	21.59%	23.96%	18.60%	-13.73%
D&A For Ebitda	19.76	19.38	18.79	18.65	19.91	19.9
EBIT	15.62	19.14	18.69	21.13	3.79	-29.7
EBIT Margin	8.79%	10.61%	10.77%	12.73%	2.97%	-41.59%
Funds From Operations (FFO)	7.2	12.02	13.19	13.74	-4.79	-42.66
Adjusted Funds From Operations (AFFO)	-	14.29	14.54	17.82	-4.89	-35.45
Effective Tax Rate	-	10.10%	-	1.52%	-	-
Revenue as Reported	179.07	181.89	173.84	166.08	127.59	71.5

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q