PROCACCIANTI HOTEL REIT, INC. financial statements

Income statement, balance sheet and cash flow statement for the last 9 fiscal years, taken from the XBRL data PROCACCIANTI HOTEL REIT, INC. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2018	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue		10.2	17.6	13.1	24.9	30.6	30	31.9	32.8
Cost of revenue		9.82	14.5	14.9
Gross profit		0.33	3.1	-1.79
General and administrative	0.61	1.31	1.45	1.49	1.45	1.41	1.41	1.26	1.36
Operating expenses	0.61	9.82
Operating income	-0.61	0.38	3.1	-1.92	4.27	7.33	4.68	5.69	6.28
Interest expense		1.23	1.93	2.55	2.59	2.78	3.09	3.85	4.02
Pre-tax income	-0.61	-1.19	0.74	-4.54	3.36	5.63	1.61	1.96	2.16
Income tax		-0.02	0.04	0	0.03	0.15	-0.15	-0.11	0.3
Net income to minority interests		0.5	0.59	-0.71	0.75	1.09	0.48	0.53	0.32
Net income	-0.61	-1.68	0.1	-3.83	2.59	4.39	1.27	1.54	1.54
EBITDA		1.68	5.35	1.09	7.63	11.2	8.78	9.98	10.3
EPS, basic	-1.22	-1.07
EPS, diluted	-1.22	-1.07
Shares, basic (weighted)	0.16	1.04
Shares, diluted (weighted)	0.16	1.04

Balance sheet

	FY2018	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	5.66	3.8	13	10.3	9.84	11.2	10.7	11.1	10.9
Property, plant and equipment		64.8	63.4	89.6	102	101	97.9	95.1	92.5
Total assets	5.66	70.7	77.8	101	114	114	110	108	105
Total liabilities	0.23	51	43.4	63.1	69.7	69.6	69.4	69.4	71.7
Total debt		41.4	39.7	56.4	64	64.9	64.3	64.8	67.3
Paid-in capital	6.15	15.7	31.6	40.3	47.9	47.7	47.4	47.4	47.4
Shareholders' equity	5.43	12.8	27.7	30.8	37.1	37.4	34.5	32.3	27.6
Minority interests		6.87	6.56	5.89	5.7	5.55	4.85	4.52	3.7
Total equity	5.43	19.7	34.3	36.7	42.8	43	39.3	36.8	31.3
Total liabilities and equity	5.66	70.7	77.8	101	114	114	110	108	105

Cash flow statement

	FY2018	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	-0.61	-1.17	0.7	-4.54	3.34	5.48	1.76	2.07	1.86
Depreciation and amortization		1.3	2.25	3.01	3.36	3.86	4.1	4.29	4.01
Change in receivables		0.02	-0.03	0.11	-0.33	0.04	0.13	0.13	-0.05
Change in payables	0.17	0.16	0.14	-0.03	0.35	0.11	0.1	0.43	-0.31
Cash from operations	-0.21	-0.64	3.11	-0.48	4.08	8.3	6.45	6.66	6.11
Capital expenditures		-0.51	-0.82	-0.21	-0.93	-2.61	-1	-1.42	-1.36
Acquisitions		-6.74		-12.2
Cash from investing		-33.3	-0.82	-12.4	-16	-2.61	-1	-1.42	-1.36
Debt issued				1.02	1.43
Stock issued	6.02	10.9	18.7	10.5	9.3
Share buybacks		-0.19	-0.07	-0.31	-0.95	-1.02	-1.13	-0.8	-0.82
Dividends paid	-0.03	-0.49	-1.04	-1.71	-3.26	-3.02	-3.02	-2.99	-5.36
Cash from financing	5.59	32.1	6.92	10.2	11.5	-4.34	-5.93	-4.89	-4.95
Net change in cash	5.38	-1.86	9.2	-2.73	-0.43	1.35	-0.48	0.36	-0.2
Free cash flow		-1.15	2.28	-0.69	3.15	5.69	5.45	5.24	4.75
Interest paid	0	1.23	2.07	2.17	2.75	2.68	3.12	3.73	4.05
Income taxes paid	0	0	0.03	0.03	0	0.03	0.19	0.01	0.01

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. No valuation: we have no share price for this company.

Profitability

Metric	Value	How it is calculated
Operating margin	17.0%	Operating income / revenue.
EBITDA margin	29.1%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	3.4%	Pre-tax income / revenue.
Net margin	1.3%	Net income / revenue.
FCF margin	11.0%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	14.6%	Cash from operations / revenue.
Effective tax rate	48.9%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	1.6%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	0.4%	Net income / average total assets.
Return on invested capital (ROIC)	19.1%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Capex / revenue	3.6%	Capital expenditures / revenue.
D&A / revenue	12.1%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	3.0%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	2.3%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	20.2%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	10.5%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	-5.0%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA growth, 1y	3.2%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	-2.8%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	56.7%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	-0.2%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	-29.5%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-8.3%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	-9.7%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow growth, 1y	-9.4%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	-5.9%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y	-14.4%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	-9.6%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	-2.1%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	-2.9%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-2.8%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	0.7%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

Metric	Value	How it is calculated
Liabilities / assets	71.2%	Total liabilities / total assets.
Interest coverage	1.30x	Operating income / interest expense.
Tangible book value	$24.6M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.31x	Revenue / average total assets.
Fixed asset turnover	0.35x	Revenue / average property, plant and equipment.
FCF conversion	865.9%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	24.4%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
Payout ratio	1,326.0%	Dividends paid / net income, when net income is positive.
Dividends / FCF	153.2%	Dividends paid / free cash flow, when free cash flow is positive.
Buybacks / FCF	23.3%	Share buybacks / free cash flow, when free cash flow is positive.

What was PROCACCIANTI HOTEL REIT, INC.'s revenue in fiscal 2025?

PROCACCIANTI HOTEL REIT, INC. reported revenue of $32.8M for fiscal 2025, 3% higher than the year before.

Was PROCACCIANTI HOTEL REIT, INC. profitable in fiscal 2025?

Yes. Net income was $1.5M, a net margin of 4.7%.

How much free cash flow did PROCACCIANTI HOTEL REIT, INC. generate in fiscal 2025?

Cash from operations of $6.1M minus capital expenditures of $1.4M left free cash flow of $4.7M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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