Braemar Hotels & Resorts Inc.
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $187.6M | $219.1M | $177.5M | $159.8M | $186.7M | $215.3M | $171.6M | $161.2M |
| Cost of Revenue | $128.4M | $136.0M | $123.4M | $116.5M | $125.2M | $136.1M | $120.6M | $112.7M |
| Gross Profit | $59.2M | $83.0M | $54.2M | $43.4M | $61.5M | $79.2M | $51.1M | $48.5M |
| Gross Margin | 31.6% | 37.9% | 30.5% | 27.1% | 32.9% | 36.8% | 29.7% | 30.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | $4.3M | $2.5M | $3.9M | $2.8M | $4.1M | $8.1M |
| Operating Income | $12.2M | $42.5M | $5.8M | $651.0K | $17.4M | $37.8M | $12.1M | $3.1M |
| Operating Margin | 6.5% | 19.4% | 3.3% | 0.4% | 9.3% | 17.6% | 7.0% | 1.9% |
| Interest Expense | $27.3M | $26.5M | $24.4M | $23.3M | $23.6M | $22.9M | $18.9M | $14.5M |
| Pretax Income | $-13.9M | $16.9M | $-19.9M | $-23.8M | $-3.2M | $18.9M | $-4.3M | $-8.3M |
| Income Tax Expense | $-114.0K | $1.5M | $1.6M | $-1.2M | $-75.0K | $2.3M | $260.0K | $95.0K |
| Net Income | $-11.6M | $15.9M | $-19.2M | $-22.0M | $-1.8M | $16.0M | $-3.2M | $-8.0M |
| Net Margin | -6.2% | 7.3% | -10.8% | -13.8% | -1.0% | 7.4% | -1.9% | -5.0% |
| EPS (Basic) | $-0.33 | $0.05 | $-0.48 | $-0.50 | $-0.20 | $0.05 | $-0.22 | $-0.24 |
| EPS (Diluted) | $-0.33 | $0.05 | $-0.48 | $-0.50 | $-0.20 | $0.05 | $-0.18 | $-0.24 |
| Shares Outstanding (Basic) | 66.5M | 66.5M | 66.0M | 65.8M | 65.8M | 66.5M | 69.7M | 71.0M |
| Shares Outstanding (Diluted) | 66.5M | 268.5M | 66.0M | 65.8M | 65.8M | 72.5M | 69.7M | 71.0M |
| Dividends Per Share | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.01 |