Sotherly Hotels Inc
NASDAQ:SOHO
Income Statement
Earnings Waterfall
Sotherly Hotels Inc
Revenue
|
173.8m
USD
|
Cost of Revenue
|
-59.4m
USD
|
Gross Profit
|
114.4m
USD
|
Operating Expenses
|
-95.5m
USD
|
Operating Income
|
18.9m
USD
|
Other Expenses
|
-23m
USD
|
Net Income
|
-4m
USD
|
Income Statement
Sotherly Hotels Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
89
N/A
|
94
+5%
|
105
+12%
|
116
+10%
|
123
+6%
|
129
+5%
|
129
+0%
|
132
+2%
|
139
+5%
|
145
+5%
|
150
+3%
|
154
+2%
|
153
-1%
|
154
+1%
|
153
-1%
|
152
0%
|
154
+1%
|
157
+2%
|
168
+7%
|
173
+3%
|
178
+3%
|
184
+3%
|
184
0%
|
185
+1%
|
186
+0%
|
176
-5%
|
129
-26%
|
101
-22%
|
72
-29%
|
57
-20%
|
86
+51%
|
107
+25%
|
128
+19%
|
143
+12%
|
156
+9%
|
160
+2%
|
166
+4%
|
171
+3%
|
173
+1%
|
173
0%
|
174
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(32)
|
(33)
|
(38)
|
(42)
|
(45)
|
(48)
|
(48)
|
(49)
|
(51)
|
(53)
|
(55)
|
(56)
|
(56)
|
(55)
|
(54)
|
(54)
|
(56)
|
(57)
|
(61)
|
(64)
|
(65)
|
(67)
|
(67)
|
(68)
|
(69)
|
(68)
|
(52)
|
(41)
|
(29)
|
(20)
|
(28)
|
(35)
|
(42)
|
(47)
|
(51)
|
(53)
|
(55)
|
(57)
|
(58)
|
(58)
|
(59)
|
|
Gross Profit |
58
N/A
|
61
+5%
|
68
+11%
|
74
+9%
|
78
+5%
|
81
+4%
|
82
+1%
|
83
+2%
|
88
+6%
|
93
+5%
|
96
+3%
|
98
+2%
|
97
-1%
|
99
+1%
|
99
+0%
|
98
0%
|
99
+0%
|
100
+1%
|
107
+7%
|
109
+2%
|
113
+4%
|
117
+3%
|
117
0%
|
117
+1%
|
117
0%
|
108
-8%
|
77
-29%
|
60
-22%
|
42
-30%
|
37
-13%
|
58
+57%
|
72
+25%
|
86
+19%
|
96
+12%
|
105
+9%
|
106
+2%
|
111
+5%
|
114
+2%
|
115
+1%
|
115
-1%
|
114
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(47)
|
(52)
|
(56)
|
(62)
|
(62)
|
(69)
|
(65)
|
(68)
|
(72)
|
(76)
|
(78)
|
(79)
|
(78)
|
(79)
|
(81)
|
(82)
|
(81)
|
(83)
|
(86)
|
(88)
|
(93)
|
(95)
|
(95)
|
(97)
|
(99)
|
(97)
|
(86)
|
(79)
|
(72)
|
(67)
|
(73)
|
(78)
|
(82)
|
(86)
|
(89)
|
(90)
|
(90)
|
(91)
|
(93)
|
(94)
|
(95)
|
|
Selling, General & Administrative |
(38)
|
(40)
|
(44)
|
(48)
|
(50)
|
(52)
|
(53)
|
(55)
|
(59)
|
(61)
|
(64)
|
(64)
|
(63)
|
(63)
|
(65)
|
(65)
|
(64)
|
(65)
|
(67)
|
(68)
|
(72)
|
(74)
|
(75)
|
(76)
|
(77)
|
(76)
|
(66)
|
(58)
|
(52)
|
(47)
|
(53)
|
(58)
|
(62)
|
(67)
|
(70)
|
(71)
|
(71)
|
(73)
|
(74)
|
(76)
|
(77)
|
|
Depreciation & Amortization |
(8)
|
(9)
|
(10)
|
(11)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(16)
|
(17)
|
(19)
|
(20)
|
(20)
|
(21)
|
(21)
|
(21)
|
(21)
|
(22)
|
(21)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(20)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
(19)
|
|
Other Operating Expenses |
0
|
(3)
|
(3)
|
(3)
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
11
N/A
|
9
-16%
|
12
+24%
|
12
+7%
|
16
+27%
|
13
-19%
|
16
+30%
|
15
-6%
|
16
+2%
|
17
+8%
|
17
+1%
|
19
+10%
|
19
+0%
|
20
+5%
|
18
-9%
|
16
-9%
|
18
+8%
|
17
-5%
|
20
+23%
|
21
+4%
|
21
-4%
|
21
+4%
|
21
-2%
|
20
-5%
|
19
-8%
|
11
-39%
|
(9)
N/A
|
(19)
-103%
|
(30)
-59%
|
(30)
-1%
|
(15)
+49%
|
(5)
+65%
|
4
N/A
|
10
+149%
|
16
+56%
|
16
+4%
|
21
+31%
|
23
+8%
|
22
-2%
|
20
-10%
|
19
-7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(11)
|
(9)
|
(11)
|
(10)
|
(14)
|
(15)
|
(15)
|
(15)
|
(16)
|
(17)
|
(18)
|
(19)
|
(18)
|
(17)
|
(16)
|
(16)
|
(16)
|
(16)
|
(17)
|
(18)
|
(20)
|
(22)
|
(23)
|
(23)
|
(21)
|
(21)
|
(20)
|
(19)
|
(19)
|
(18)
|
(19)
|
(20)
|
(21)
|
(20)
|
(20)
|
(17)
|
(17)
|
(16)
|
(15)
|
(17)
|
(18)
|
|
Non-Reccuring Items |
(3)
|
0
|
0
|
0
|
(4)
|
0
|
(5)
|
2
|
5
|
5
|
6
|
(2)
|
(2)
|
(1)
|
(1)
|
0
|
(0)
|
(1)
|
(0)
|
(1)
|
(0)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
0
|
0
|
1
|
1
|
(12)
|
(11)
|
(18)
|
(17)
|
(0)
|
0
|
7
|
6
|
2
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
30
|
30
|
30
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
4
|
4
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
30
|
0
|
0
|
0
|
|
Pre-Tax Income |
(3)
N/A
|
0
N/A
|
1
+131%
|
2
+113%
|
(3)
N/A
|
(2)
+2%
|
(3)
-25%
|
2
N/A
|
5
+148%
|
5
-4%
|
5
-4%
|
(1)
N/A
|
(1)
+64%
|
3
N/A
|
1
-47%
|
1
+3%
|
2
+31%
|
0
-91%
|
3
+1 863%
|
2
-27%
|
(0)
N/A
|
(2)
-1 590%
|
(4)
-138%
|
0
N/A
|
1
+1 025%
|
(7)
N/A
|
(25)
-265%
|
(38)
-50%
|
(48)
-28%
|
(48)
+1%
|
(33)
+31%
|
(25)
+26%
|
(29)
-15%
|
(22)
+24%
|
7
N/A
|
12
+61%
|
35
+189%
|
37
+6%
|
14
-61%
|
10
-31%
|
4
-65%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(0)
|
0
|
1
|
2
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
1
|
1
|
1
|
2
|
1
|
1
|
(0)
|
(1)
|
(1)
|
(0)
|
0
|
(0)
|
0
|
(5)
|
(4)
|
(5)
|
(5)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
|
Income from Continuing Operations |
(4)
|
(0)
|
1
|
3
|
(1)
|
(1)
|
(2)
|
3
|
6
|
6
|
6
|
0
|
1
|
3
|
2
|
3
|
3
|
1
|
3
|
2
|
(1)
|
(2)
|
(4)
|
0
|
1
|
(12)
|
(29)
|
(42)
|
(54)
|
(48)
|
(33)
|
(25)
|
(29)
|
(22)
|
7
|
12
|
34
|
36
|
14
|
10
|
4
|
|
Income to Minority Interest |
1
|
0
|
(0)
|
(1)
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
3
|
4
|
5
|
4
|
3
|
2
|
2
|
2
|
0
|
(0)
|
(1)
|
(2)
|
(0)
|
(0)
|
0
|
|
Net Income (Common) |
(3)
N/A
|
(0)
+97%
|
1
N/A
|
2
+192%
|
(1)
N/A
|
(1)
-30%
|
(2)
-95%
|
3
N/A
|
5
+111%
|
5
-3%
|
6
+6%
|
0
N/A
|
(0)
N/A
|
1
N/A
|
(0)
N/A
|
(0)
+53%
|
(3)
-2 100%
|
(5)
-65%
|
(4)
+20%
|
(6)
-35%
|
(6)
+3%
|
(7)
-25%
|
(9)
-29%
|
(6)
+32%
|
(6)
+6%
|
(19)
-215%
|
(35)
-88%
|
(47)
-35%
|
(58)
-23%
|
(53)
+9%
|
(38)
+27%
|
(30)
+21%
|
(33)
-10%
|
(27)
+20%
|
0
N/A
|
5
+1 926%
|
25
+436%
|
27
+8%
|
6
-79%
|
2
-70%
|
(4)
N/A
|
|
EPS (Diluted) |
-0.34
N/A
|
0
N/A
|
0.08
N/A
|
0.19
+138%
|
-0.06
N/A
|
-0.07
-17%
|
-0.15
-114%
|
0.17
N/A
|
0.43
+153%
|
0.35
-19%
|
0.38
+9%
|
0
N/A
|
-0.01
N/A
|
0.09
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.23
-2 200%
|
-0.4
-74%
|
-0.32
+20%
|
-0.43
-34%
|
-0.42
+2%
|
-0.53
-26%
|
-0.68
-28%
|
-0.46
+32%
|
-0.43
+7%
|
-1.32
-207%
|
-2.44
-85%
|
-3.28
-34%
|
-4.05
-23%
|
-3.6
+11%
|
-2.58
+28%
|
-1.87
+28%
|
-2.15
-15%
|
-1.56
+27%
|
0.01
N/A
|
0.25
+2 400%
|
1.4
+460%
|
1.44
+3%
|
0.3
-79%
|
0.09
-70%
|
-0.21
N/A
|