Thu, May 15, 5:27 PM (39 days ago)
**Sotherly Hotels Inc. (SOHO) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $48.3 million, up 3.8% YoY. - **Net Income:** $4.7 million, a significant increase from $1.3 million in Q1 2024. - **Earnings per Share (EPS):** $0.13, compared to -$0.03 in Q1 2024. - **Cash Flow from Operations:** $8.2 million, driven by increased occupancy and revenue. **Profit Margins:** - **Operating Margin:** Improved due to higher revenue and controlled expenses. - **Net Margin:** 9.8%, up from 2.8% in Q1 2024. **Cash Flow:** - **Operating Cash Flow:** $8.2 million, up from $8.1 million in Q1 2024. - **Investing Cash Flow:** -$0.4 million, primarily due to capital expenditures. - **Financing Cash Flow:** -$3.7 million, mainly for debt service and preferred dividends. **Earnings Changes:** - **Revenue Growth:** Driven by increased room occupancy and higher food & beverage revenues. - **Expense Management:** Controlled hotel operating expenses and corporate G&A. **Quarterly Performance:** - **Revenue Growth:** 3.8% YoY, with increases in room, food & beverage, and other operating revenues. - **Expense Control:** Hotel operating expenses increased by 3.5%, but were offset by revenue growth. - **Net Income:** Significant improvement due to higher revenue and controlled expenses. **Trends & Uncertainties:** - **Positive Trends:** Increased occupancy, revenue growth, and improved net income. - **Uncertainties:** Economic conditions, competitive pressures, and debt maturities. **Future Operations Impact:** - **Capital Expenditures:** $7.2 million planned for 2025, funded by replacement reserve accounts. - **Debt Management:** Potential refinancing or extensions for maturing mortgages. - **Growth Strategy:** Continued focus on acquisitions and property improvements. **Key Metrics:** - **Occupancy:** 68.3%, up from 64.2% in Q1 2024. - **ADR:** $182.74, relatively stable. - **RevPAR:** $124.83, up from $117.30 in Q1 2024. **Ticker:** SOHO