Q2 2024 Earnings

Revenue

$435M+1.8% YoY

Gross Profit

$235M54.0% margin

Operating Income

$133M30.5% margin

Net Income

$87M20.0% margin

EPS (Diluted)

$1.80

QoQ Revenue Growth

+31.1%

Operating Cash Flow

$112M

Free Cash Flow

$71M

Stock-Based Comp.

$9M

Total Assets

$2.5B

Total Liabilities

$2.7B

Stockholders' Equity

-$147M

Cash & Equivalents

$60M

Metric	Current	Year Ago	Change
Revenue	$435M	$427M	+1.8%
Gross Profit	$235M	$202M	+16.4%
Operating Income	$133M	$124M	+6.6%
Net Income	$87M	$85M	+2.9%

Other Revenues From Franchised And Managed Properties

$215M49%

Royalty, Licensing And Management Fees

$142M33%

Owned Hotels

$28M7%

Platform and Procurement Services

$28M6%

Other Revenue Topic 606 And Not Topic 606

$15M3%

Initial Franchise Fees

$7M2%