PROCACCIANTI HOTEL REIT, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $32.8M | $31.9M | $30.0M | $30.6M | $24.9M | $13.1M | $17.6M | $10.2M |
| Cost of Revenue | — | — | — | — | — | $14.9M | $14.5M | $9.8M |
| Gross Profit | — | — | — | — | — | $-1.8M | $3.1M | $334.5K |
| Gross Margin | — | — | — | — | — | -13.7% | 17.6% | 3.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.4M | $1.3M | $1.4M | $1.4M | $1.4M | $1.5M | $1.4M | $1.3M |
| Operating Income | $6.3M | $5.7M | $4.7M | $7.3M | $4.3M | $-1.9M | $3.1M | $376.6K |
| Operating Margin | 19.1% | 17.8% | 15.6% | 23.9% | 17.1% | -14.7% | 17.6% | 3.7% |
| Interest Expense | $4.0M | $3.9M | $3.1M | $2.8M | $2.6M | $2.5M | $1.9M | $1.2M |
| Pretax Income | $2.2M | $2.0M | $1.6M | $5.6M | $3.4M | $-4.5M | $739.7K | $-1.2M |
| Income Tax Expense | $300.5K | $-106.3K | $-149.4K | $147.1K | $25.7K | $609 | $42.7K | $-22.3K |
| Net Income | $1.9M | $2.1M | $1.8M | $5.5M | $3.3M | $-4.5M | $696.9K | $-1.2M |
| Net Margin | 5.7% | 6.5% | 5.9% | 17.9% | 13.4% | -34.6% | 4.0% | -11.5% |
| EPS (Basic) | — | — | — | — | — | — | — | $-1.07 |
| EPS (Diluted) | — | — | — | — | — | — | — | $-1.07 |
| Shares Outstanding (Basic) | — | — | — | — | — | — | 3.6M | — |
| Shares Outstanding (Diluted) | — | — | — | — | — | — | 3.6M | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |