Ashford inc. (AINC)
Income statement / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14
REVENUE
Total revenues

107,575

56,889

63,466

63,320

50,976

41,565

54,811

48,168

-

19,255

19,639

-

-

-

-

-

-

-

-

-

-

-

-

-

Advisory services

-

-

-

-

-

-

-

-

-

-

-

12,431

-

16,427

18,068

13,325

16,794

14,340

14,489

12,923

7,899

3,020

3,913

2,312

Audio visual

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

582

-

111

84

84

84

156

0

195

144

0

0

0

Total revenue

-

-

-

-

-

-

-

-

-

-

-

13,013

-

16,538

18,152

13,409

16,878

14,496

14,489

13,118

8,043

3,020

3,913

2,312

EXPENSES
Salaries and benefits

-2,327

21,129

18,157

22,700

-18,768

21,851

15,710

26,517

10,189

16,750

11,364

11,032

14,280

12,964

15,984

9,208

11,537

6,724

5,688

17,493

21,124

10,568

15,825

10,110

Cost of revenues

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

6,707

8,374

4,934

4,527

2,714

2,972

1,193

1,040

322

581

587

468

-

271

272

-

-

-

-

-

-

-

-

-

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

272

-

-12

399

129

101

84

87

87

General and administrative

5,194

8,940

11,368

7,982

-100

12,231

9,125

6,295

-3,607

3,897

4,947

3,649

4,487

3,438

4,088

4,441

2,912

6,507

4,542

4,130

2,001

1,230

1,456

913

Impairment

0

0

0

0

0

0

0

1,919

0

0

1,072

0

-

0

0

-

-

-

-

-

-

-

-

-

Other income (expense)

-

-

-

-

-

-

-

-

-

-

-

-

-

5

-21

-128

-

-125

-

-

-

-

-

-

Other

2,736

4,849

3,138

1,339

1,078

434

892

846

1,535

367

251

0

-

-

-

-

-

-

10

0

-

0

0

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

Total expenses

115,489

63,690

62,523

60,778

46,145

53,069

43,941

53,204

37,130

21,595

18,221

15,149

19,126

16,673

20,344

13,921

14,732

13,219

10,629

21,752

23,226

11,882

17,368

11,110

OPERATING INCOME (LOSS)

-7,914

-6,801

943

2,542

4,831

-11,504

10,870

-5,036

-7,464

-2,340

1,418

-2,136

382

-135

-2,192

-512

2,146

1,277

3,860

-8,634

-15,183

-8,862

-13,455

-8,798

Equity in earnings (loss) of unconsolidated entities

-177

464

-298

-275

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

Realized gain (loss) on investment in unconsolidated entity

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-3,601

0

0

0

0

-

-

-

-

Unrealized gain (loss) on investment in unconsolidated entity

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,141

879

-1,954

-1,066

0

-

-

-

-

Interest expense

861

456

445

297

366

289

161

143

72

5

6

0

-

0

0

-

-

-

-

-

-

-

-

-

Amortization of loan costs

94

75

70

69

64

130

24

23

15

15

9

0

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

17

0

9

20

41

103

73

112

91

82

38

33

29

21

10

13

150

150

51

1

0

0

0

0

Dividend income

-

-

-

-

-

-

-

-

0

0

0

93

91

33

33

13

385

360

166

6

0

0

0

0

Unrealized gain (loss) on investments

-

-

-

-

-

-

-

-

0

0

78

125

1,144

287

-234

1,129

8,361

-7,861

-3,037

47

0

0

0

0

Realized gain (loss) on investments

-

-

-

-

-

-

-

-

0

0

-94

-200

-3,042

-728

470

-6,813

-6,180

35

1,037

-2

0

0

0

0

Other income (expense)

-

20

42

53

-

78

221

39

-

5

13

8

-

-

-

-

-

-

-

-

-

-

-

-

INCOME (LOSS) BEFORE INCOME TAXES

-8,911

-6,888

97

1,868

3,946

-11,898

10,537

-5,129

-7,507

-2,283

1,412

-2,093

-1,414

-517

-1,934

-7,758

5,721

-8,118

1,001

-8,582

-15,183

-8,862

-13,455

-8,798

Income tax (expense) benefit

111

-297

426

1,300

1,229

-13,904

1,605

706

475

-25

8,643

630

220

575

-655

640

566

1,036

233

231

739

9

20

15

NET INCOME (LOSS)

-9,022

-6,591

-329

568

2,717

2,006

8,932

-5,835

-7,982

-2,258

-7,231

-2,723

-1,634

-1,092

-1,279

-8,398

5,155

-9,154

768

-8,813

-15,922

-8,871

-13,475

-8,813

(Income) loss from consolidated entities attributable to noncontrolling interests

-

-101

-131

-163

-

-413

-118

-173

-

-102

-190

25

-

-486

-

-

-

-

-

-

-

-

-

-

Net (income) loss attributable to redeemable noncontrolling interests

-360

-334

-310

21

-621

-968

90

61

-489

-300

-332

-363

-

-

-

-

-

-

-

-

-

-

-

-

(Income) loss from consolidated entities attributable to noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

182

-6,548

-

-9,208

-3,154

-961

-477

-170

0

0

Net (income) loss attributable to redeemable noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-4

-3

-

0

8

-18

-

-

-

-

Net (income) loss attributable to redeemable noncontrolling interest in subsidiary common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-322

-351

-

-

-

-

-

-

-

-

-

Net (income) loss attributable to redeemable noncontrolling interests in subsidiary common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-115

-

0

0

0

-

-

-

-

Net loss attributable to redeemable noncontrolling interests in Ashford LLC

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY

-8,521

-6,156

112

710

3,558

3,387

8,960

-5,723

-7,402

-1,856

-6,709

-2,385

727

-285

-1,106

-1,732

2,676

54

3,914

-7,834

-15,421

-8,701

-13,475

-8,813

Preferred dividends

-

2,909

2,791

-

-

1,675

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred dividends

-

-

-

2,791

-

-

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of preferred stock discount

590

363

484

491

427

303

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS

-15,055

-9,428

-3,163

-2,572

340

1,409

8,960

-5,723

-

-1,856

-

-

-

-

-

-

-

-

-

-

-

-

-

-

COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY

-

-

-

-

-

-

-

-

-

-

-

-

-

-285

-1,106

-1,732

-

54

3,914

-7,834

-15,421

-8,701

-13,475

-8,813

Basic:
Net income (loss) attributable to common stockholders (in dollars per share)

-6.04

-3.65

-1.28

-1.06

0.09

0.67

4.26

-2.73

-3.62

-0.92

-3.32

-1.18

0.36

-0.14

-0.55

-0.86

1.35

0.03

1.97

-3.95

-

-4.39

-6.80

-

Weighted average common shares outstanding – basic (in shares)

2,203

2,580

2,462

2,419

2,382

2,109

2,095

2,094

2,068

2,022

2,019

2,015

2,015

2,014

2,011

2,008

2,006

1,991

1,985

1,982

-

1,981

1,981

-

Diluted:
Net income (loss) attributable to common stockholders (in dollars per share)

-5.48

-3.94

-3.00

-1.13

-0.38

0.18

0.93

-2.84

-3.35

-1.05

-3.85

-1.34

0.15

-0.49

-0.71

-1.51

3.02

-2.26

-1.26

-3.95

-

-4.39

-6.80

-

Weighted average common shares outstanding – diluted (in shares)

2,324

2,782

2,717

2,449

2,389

2,337

2,487

2,115

1,903

2,054

2,265

2,046

2,308

2,262

2,048

2,218

2,431

2,202

2,197

1,982

-

1,981

1,981

-

Loss attributable to common stockholders - basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4.45

Weighted average common shares outstanding  basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,981

JSAV
Total revenues

27,077

22,430

30,127

30,975

19,974

14,526

23,376

23,310

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (income) loss attributable to redeemable noncontrolling interests

-176

-165

-133

227

-332

-679

295

355

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advisory services
Total revenues

-16,278

20,055

21,220

19,187

-20,205

21,016

24,570

22,532

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Audio visual
Total revenue

-

22,430

30,127

30,975

-

14,526

23,376

23,310

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenues

-

17,732

22,229

21,439

-

14,392

17,021

16,587

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Project management fees
Total revenues

2,213

7,881

7,700

7,790

5,186

3,616

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of revenues

-2,301

2,666

2,697

2,791

319

1,189

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other
Total revenues

4,869

6,523

4,419

5,368

1,470

2,407

6,865

2,326

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-