Ashford Inc. Income Statement

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Financial Statements

In millions of USD; shares in millions, except per-share amounts

	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021	FY2020 12 months to Dec 31, 2020
Revenues
Advisory services revenue
Hotel management fees
Project management fees
Design and construction fees
Audio visual
Other revenue
Cost reimbursement revenue
Total revenues

EXPENSES:
Salaries and benefits
Cost of revenues
Project management fees
Audio visual
Cost of revenues
Design and construction fees
Audio visual
Depreciation and amortization
General and administrative
Impairment
Other
Reimbursed expenses
Total expenses

OPERATING INCOME (LOSS)
Equity in earnings (loss) of unconsolidated entities
Interest expense
Amortization of loan costs
Interest income
Realized gain (loss) on investments
Other income (expense)
INCOME (LOSS) BEFORE INCOME TAXES
Income tax (expense) benefit
NET INCOME (LOSS)
Net (income) loss from consolidated entities attributable to noncontrolling interests
Net (income) loss attributable to redeemable noncontrolling interests
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY
Preferred dividends, declared and undeclared
Amortization of preferred stock discount
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS
INCOME (LOSS) PER SHARE - BASIC AND DILUTED
Basic:
Net income (loss) attributable to common stockholders (in dollars per share)
Weighted average common shares outstanding (in shares)
Diluted:
Net income (loss) attributable to common stockholders (in dollars per share)
Weighted average common shares outstanding (in shares)

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