Sotherly Hotels Inc. (SOHO)

Sotherly Hotels Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	1.3	3.94	32.54	-26.22	-49.19
Depreciation & Amortization	19.38	18.79	18.65	19.91	19.9
Other Amortization	1.17	0.6	1.29	1.03	0.57
Gain (Loss) on Sale of Assets	-0	-0	-29.42	-0.16	0.14
Asset Writedown	-	-	-	12.2	-
Stock-Based Compensation	0.5	0.56	1	0.69	0.75
Change in Accounts Receivable	-1.58	-0.04	-1.44	-2.64	2.73
Change in Accounts Payable	2.51	-3.58	-12.98	1.63	15.15
Change in Other Net Operating Assets	1.55	2.21	-0.92	0.31	-3.02
Other Operating Activities	1.07	-1.07	-2.06	-4.43	-3.71
Operating Cash Flow	25.89	21.4	6.66	2.32	-11.26
Operating Cash Flow Growth	20.97%	221.38%	186.71%	-	-
Acquisition of Real Estate Assets	-14.65	-8.18	-7.96	-3.18	-4.02
Sale of Real Estate Assets	0	0.14	52.44	0.2	0.06
Net Sale / Acq. of Real Estate Assets	-14.64	-8.04	44.47	-2.98	-3.96
Other Investing Activities	0.5	1.31	2.18	0.59	0.18
Investing Cash Flow	-14.14	-6.73	46.66	-2.39	-3.78
Long-Term Debt Issued	67.22	2.72	7.78	-	30.72
Total Debt Issued	67.22	2.72	7.78	-	30.72
Long-Term Debt Repaid	-65.87	-8	-58.97	-9.64	-2.61
Net Debt Issued (Repaid)	1.34	-5.28	-51.19	-9.64	28.11
Common Dividends Paid	-	-	-	-	-2
Preferred Dividends Paid	-7.98	-9.97	-	-	-2.19
Total Dividends Paid	-7.98	-9.97	-	-	-4.19
Other Financing Activities	-2.64	-0.53	-0.36	-0.02	-1.56
Net Cash Flow	2.47	-1.11	1.76	-9.72	7.32
Cash Interest Paid	20.38	17.08	23.28	19.9	9.54
Cash Income Tax Paid	0.16	0.16	0.03	0.02	-0.02
Levered Free Cash Flow	9.99	10.24	38.91	-17.09	1.78
Unlevered Free Cash Flow	22.29	20.64	49.97	-3.94	12.5
Change in Net Working Capital	9.97	10.39	-17.12	26.91	-10.41

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q