Ashford Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2011
Revenue	746.8	644.43	384.57	293.35	287.03	Upgrade
Revenue Growth (YoY)	15.88%	67.57%	31.09%	2.20%	46.80%	Upgrade
Cost of Revenue	639.07	531.24	311.56	249.45	228.17	Upgrade
Gross Profit	107.72	113.19	73.01	43.9	58.86	Upgrade
Selling, General & Admin	46.28	34	26.29	20.35	33.48	Upgrade
Other Operating Expenses	53.5	57.59	51.96	247.48	36.6	Upgrade
Operating Expenses	99.78	91.6	78.25	267.83	70.09	Upgrade
Operating Income	7.95	21.59	-5.23	-223.93	-11.23	Upgrade
Interest Expense / Income	14.21	10	5.14	5.39	2.06	Upgrade
Other Expense / Income	-1.09	-0.58	-0.29	-2.7	-0.97	Upgrade
Pretax Income	-5.17	12.18	-10.09	-226.62	-12.32	Upgrade
Income Tax	-0.54	8.53	-0.16	-14.26	1.54	Upgrade
Net Income	-4.63	3.65	-9.93	-212.37	-13.86	Upgrade
Preferred Dividends	36.19	36.46	36.05	34.98	16.36	Upgrade
Net Income Common	-40.82	-32.81	-45.98	-247.35	-30.22	Upgrade
Shares Outstanding (Basic)	3	3	3	2	2	Upgrade
Shares Outstanding (Diluted)	3	3	3	2	3	Upgrade
Shares Change	7.31%	5.77%	20.67%	-11.06%	10.12%	Upgrade
EPS (Basic)	-13.26	-11.26	-16.68	-108.30	-12.03	Upgrade
EPS (Diluted)	-13.69	-11.26	-16.68	-108.30	-13.55	Upgrade
Free Cash Flow	-4.39	27.78	14.87	27.62	-5.11	Upgrade
Free Cash Flow Per Share	-1.43	9.53	5.39	12.09	-2.12	Upgrade
Gross Margin	14.42%	17.56%	18.99%	14.97%	20.51%	Upgrade
Operating Margin	1.06%	3.35%	-1.36%	-76.34%	-3.91%	Upgrade
Profit Margin	-5.47%	-5.09%	-11.96%	-84.32%	-10.53%	Upgrade
Free Cash Flow Margin	-0.59%	4.31%	3.87%	9.42%	-1.78%	Upgrade
Effective Tax Rate	-	70.06%	-	-	-	Upgrade
EBITDA	44.64	60.84	34.59	-174.27	20.89	Upgrade
EBITDA Margin	5.98%	9.44%	9.00%	-59.41%	7.28%	Upgrade
Depreciation & Amortization	35.6	38.67	39.54	46.96	31.14	Upgrade
EBIT	9.04	22.17	-4.94	-221.23	-10.26	Upgrade
EBIT Margin	1.21%	3.44%	-1.29%	-75.42%	-3.57%	Upgrade

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).