INN Q4 2021 Earnings — Summit Hotel Properties, Inc. Revenue & Financial Results | Market Cap Arena

INNSummit Hotel Properties, Inc.

$452M

Q4 2021 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$107M+121.6% YoY

Gross Profit

$36M33.4% margin

Operating Income

-$1M-1.4% margin

Net Income

-$11M-10.3% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

-3.5%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

$16M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.2B

Stockholders' Equity

$948M

Cash & Equivalents

$64M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$107M	$48M	+121.6%
Gross Profit	$36M	$2M	+1378.8%
Operating Income	-$1M	-$35M	+95.8%
Net Income	-$11M	-$43M	+74.4%

Revenue Segments

Occupancy

$99M92%

Hotel, Other

$6M5%

Food and Beverage

$3M2%