Q1 2022 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$299M+255.4% YoY

Gross Profit

$74M24.8% margin

Operating Income

$8M2.6% margin

Net Income

-$25M-8.2% margin

EPS (Diluted)

$-0.45

QoQ Revenue Growth

-20.7%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$14M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$3.6B

Stockholders' Equity

-$37M

Cash & Equivalents

$128M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$299M	$84M	+255.4%
Gross Profit	$74M	-$19M	+498.4%
Operating Income	$8M	-$80M	+109.9%
Net Income	-$25M	-$105M	+76.4%

Revenue Segments

Hotel Food And Beverage Banquets

$73M24%

Hotel Group Rooms

$62M21%

Hotel, Other

$47M16%

Hotel Food And Beverage Outlets

$39M13%

Hotel Transient Rooms

$39M13%

Entertainment Admissions And Ticketing

$16M5%

Entertainment Food And Beverage

$14M5%

Entertainment Retail And Other

$7M2%