Sotherly Hotels Perp Pfd 8.25 SOHO 04/18/24 D | 8-K: FY2025 Q2 Revenue: USD 48.79 M

Revenue: As of FY2025 Q2, the actual value is USD 48.79 M.

EPS: As of FY2025 Q2, the actual value is USD -0.02.

EBIT: As of FY2025 Q2, the actual value is USD 12.02 M.

Segment Revenue

• Total Revenue: For the three months ended June 30, 2025, total revenue was $48.8 million, a decrease from $50.7 million in the same period in 2024. For the six months ended June 30, 2025, total revenue was $97.1 million, slightly down from $97.2 million in the comparable period in 2024.

Operational Metrics

• Net Income: Net income for the three months ended June 30, 2025, was $1.6 million, down from $4.7 million in the same period in 2024. For the six months ended June 30, 2025, net income was $6.3 million, up from $6.0 million in the comparable period in 2024.
• Net Income (Loss) Attributable to Common Stockholders: For the three months ended June 30, 2025, there was a net loss of - $0.4 million, compared to a net income of $2.6 million in the same period in 2024. For the six months ended June 30, 2025, net income attributable to common stockholders was $2.3 million, up from $2.0 million in the comparable period in 2024.
• Hotel EBITDA: Hotel EBITDA decreased to $13.9 million for the three months ended June 30, 2025, from $15.7 million in the same period in 2024. For the six months ended June 30, 2025, Hotel EBITDA was $26.8 million, down from $28.0 million in the comparable period in 2024.
• Adjusted FFO Attributable to Common Stockholders and Unitholders: Adjusted FFO decreased to $4.8 million for the three months ended June 30, 2025, from $7.5 million in the same period in 2024. For the six months ended June 30, 2025, adjusted FFO was $9.3 million, down from $12.7 million in the comparable period in 2024.

Cash Flow

• Cash and Cash Equivalents: As of June 30, 2025, the Company had approximately $26.5 million in available cash and cash equivalents, with $16.0 million reserved for specific expenses.

Unique Metrics

• RevPAR: Room revenue per available room (RevPAR) decreased by 5.4% to $130.20 for the three months ended June 30, 2025, from $137.67 in the same period in 2024. For the six months ended June 30, 2025, RevPAR decreased to $129.97 from $130.64 in the comparable period in 2024.

Outlook / Guidance

• The Company expects to close the sale of a parking garage in Atlanta, Georgia, in Q4 2025, which will provide liquidity to address existing loans. The Company remains cautious about lodging market demand, anticipating potential upside in hotel fundamentals later in the year due to changes in interest rates and macroeconomic conditions.