Q4 2022 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$569M+50.7% YoY

Gross Profit

$176M30.9% margin

Operating Income

$116M20.4% margin

Net Income

$58M10.2% margin

EPS (Diluted)

$0.98

QoQ Revenue Growth

+21.6%

Cash Flow

Operating Cash Flow

$174M

Free Cash Flow

$109M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$3.6B

Stockholders' Equity

$95M

Cash & Equivalents

$334M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$569M	$377M	+50.7%
Gross Profit	$176M	$94M	+86.8%
Operating Income	$116M	$26M	+345.0%
Net Income	$58M	-$6M	+1071.4%

Revenue Segments

Hotel, Other

$126M22%

Hotel Food And Beverage Banquets

$108M19%

Hotel Group Rooms

$91M16%

Hotel Transient Rooms

$86M15%

Hotel Food And Beverage Outlets

$73M13%

Entertainment Admissions And Ticketing

$34M6%

Entertainment Food And Beverage

$26M5%

Entertainment Retail And Other

$23M4%