Sotherly Hotels Inc. (SOHO)

Sotherly Hotels Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	173.84	166.08	127.59	71.5	185.79
Revenue Growth (YoY)	4.67%	30.17%	78.44%	-61.51%	4.27%
Cost of Revenue	129.05	119.61	96.69	74.73	138.85
Gross Profit	44.79	46.46	30.89	-3.22	46.94
Selling, General & Admin	7.08	6.62	7	6.49	6.83
Other Operating Expenses	18.78	19.29	19.75	20.03	21.76
Operating Expenses	25.86	25.91	26.75	26.53	28.59
Operating Income	18.93	20.55	4.15	-29.75	18.35
Interest Expense / Income	17.59	19.77	22.69	18.06	19.77
Other Expense / Income	-2.3	-32.28	7.65	-3.89	-3.08
Pretax Income	3.64	33.06	-26.19	-43.91	1.66
Income Tax	-0.3	0.52	0.03	5.28	-0.25
Net Income	3.94	32.54	-26.22	-49.19	1.91
Preferred Dividends	7.98	7.57	7.18	8.76	7.82
Net Income Common	-4.04	24.97	-33.4	-57.95	-5.91
Shares Outstanding (Basic)	19	18	16	14	14
Shares Outstanding (Diluted)	19	18	16	14	14
Shares Change	5.84%	14.62%	8.52%	4.91%	0.93%
EPS (Basic)	-0.22	1.40	-2.15	-4.05	-0.43
EPS (Diluted)	-0.22	1.40	-2.15	-4.05	-0.43
Free Cash Flow	13.36	51.13	-0.65	-15.22	3.46
Free Cash Flow Per Share	0.71	2.87	-0.04	-1.06	0.25
Dividend Per Share	-	-	-	0.130	0.515
Dividend Growth	-	-	-	-74.76%	6.19%
Gross Margin	25.76%	27.98%	24.21%	-4.51%	25.26%
Operating Margin	10.89%	12.38%	3.25%	-41.61%	9.87%
Profit Margin	-2.32%	15.03%	-26.18%	-81.04%	-3.18%
Free Cash Flow Margin	7.69%	30.79%	-0.51%	-21.29%	1.86%
Effective Tax Rate	-8.39%	1.58%	-	-	-15.03%
EBITDA	40.01	71.48	16.4	-5.96	43.07
EBITDA Margin	23.02%	43.04%	12.86%	-8.33%	23.18%
Depreciation & Amortization	18.79	18.65	19.91	19.9	21.64
EBIT	21.22	52.83	-3.51	-25.86	21.43
EBIT Margin	12.21%	31.81%	-2.75%	-36.16%	11.53%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).