Sotherly Hotels Perp Pfd 8.25 SOHO 04/18/24 D | 8-K: FY2025 Q1 Revenue: USD 48.31 M

Revenue: As of FY2025 Q1, the actual value is USD 48.31 M.

EPS: As of FY2025 Q1, the actual value is USD 0.13.

EBIT: As of FY2025 Q1, the actual value is USD 15.03 M.

Segment Revenue

• Total Revenue: Increased to $48.3 million for the three months ended March 31, 2025, from $46.5 million in the same period in 2024.

Operational Metrics

• Net Income: Increased to $4.7 million for the three months ended March 31, 2025, from $1.3 million in the same period in 2024.
• Net Income (Loss) Attributable to Common Stockholders: Increased to $2.7 million from a loss of $0.7 million in the same period in 2024.
• EBITDA: Increased to $15.0 million from $10.8 million in the same period in 2024.
• Hotel EBITDA: Increased to $12.9 million from $12.4 million in the same period in 2024.
• Adjusted FFO Attributable to Common Stockholders and Unitholders: Decreased by 12.8% to $4.5 million from $5.2 million in the same period in 2024.

Cash Flow

• Cash and Cash Equivalents: Approximately $32.8 million as of March 31, 2025, with $21.3 million reserved for specific expenses.

Unique Metrics

• RevPAR: Increased by 5.0% to $129.74, driven by a 3.9% increase in occupancy to 68.8% and a 1.1% decrease in ADR to $188.49.

Outlook / Guidance

• The company projects total revenues for 2025 to be between $183.4 million and $188.2 million, with net income ranging from -$0.7 million to $0.1 million. The company remains cautious about the pace of hotel demand due to reduced international travel and potential economic recession impacts. Efforts to control costs and maintain lean operations are emphasized to sustain profitability amid macroeconomic uncertainties.