ONE Group Hospitality, Inc. (STKS) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1624 MARKET STREET DENVER, CO 80202 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 5812 - Eating Places (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 27,576 | 21,047 | 55,121 | 23,614 | 24,385 | 12,344 | |||
| Cash and cash equivalent | 27,576 | 21,047 | 55,121 | 23,614 | 24,385 | 12,344 | |||
| Restricted cash and investments | 499 | ||||||||
| Receivables | 12,670 | 17,640 | 15,596 | 11,732 | 6,153 | 10,692 | |||
| Inventory, net of allowances, customer advances and progress billings | 11,318 | 6,184 | 5,728 | 3,915 | 2,490 | 3,058 | |||
| Inventory | 11,318 | 6,184 | 5,728 | 3,915 | 2,490 | 3,058 | |||
| Prepaid expense | 174 | 353 | |||||||
| Other current assets | 70 | ||||||||
| Other undisclosed current assets | 17,263 | 1,809 | 2,091 | 3,666 | 1,174 | 624 | |||
| Total current assets: | 69,326 | 46,680 | 78,536 | 42,927 | 34,376 | 27,141 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 849 | 850 | |||||||
| Operating lease, right-of-use asset | 260,204 | 95,075 | 85,161 | 85,395 | 80,960 | ||||
| Property, plant and equipment | 276,120 | 139,908 | 94,087 | 69,638 | 67,344 | 70,483 | |||
| Intangible assets, net (including goodwill) | 288,894 | 15,306 | 15,290 | 15,505 | 16,313 | 17,183 | |||
| Goodwill | 155,783 | ||||||||
| Intangible assets, net (excluding goodwill) | 133,111 | 15,306 | 15,290 | 15,505 | 16,313 | 17,183 | |||
| Regulated entity, other noncurrent assets | 100 | ||||||||
| Deferred income tax assets | 53,682 | 14,757 | 12,323 | 12,313 | 13,226 | ||||
| Other noncurrent assets | 9,030 | 4,636 | 4,774 | 3,199 | 2,446 | 1,622 | |||
| Other undisclosed noncurrent assets | 1,248 | 33 | 853 | 758 | 904 | 90,156 | |||
| Total noncurrent assets: | 890,027 | 270,565 | 212,488 | 186,908 | 181,193 | 179,444 | |||
| TOTAL ASSETS: | 959,353 | 317,245 | 291,024 | 229,835 | 215,569 | 206,585 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 79,222 | 47,422 | 35,464 | 34,249 | 23,088 | 19,472 | |||
| Accounts payable | 30,883 | 19,089 | 13,055 | 11,094 | 7,404 | 8,274 | |||
| Accrued liabilities | 48,339 | 28,333 | 22,409 | 23,155 | 15,684 | 11,198 | |||
| Deferred revenue | 90 | 207 | |||||||
| Debt | 6,314 | 1,722 | 1,677 | 500 | 5,405 | 749 | |||
| Other liabilities | 313 | 266 | 256 | ||||||
| Other undisclosed current liabilities | 45,246 | 8,752 | 8,274 | 7,425 | 12,047 | 7,912 | |||
| Total current liabilities: | 131,095 | 58,162 | 45,671 | 42,264 | 40,747 | 28,133 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 328,110 | 70,410 | 70,544 | 126,748 | 143,633 | 45,226 | |||
| Long-term debt, excluding current maturities | 328,110 | 70,410 | 70,544 | 23,132 | 45,064 | 45,226 | |||
| Liabilities, other than long-term debt | 297,543 | 121,313 | 106,219 | 298 | 953 | ||||
| Deferred revenue | 298 | 953 | |||||||
| Other liabilities | 5,758 | 832 | 972 | ||||||
| Operating lease, liability | 291,785 | 120,481 | 105,247 | 103,616 | 98,569 | ||||
| Other undisclosed noncurrent liabilities | 8,257 | 99,314 | |||||||
| Total noncurrent liabilities: | 625,653 | 191,723 | 176,763 | 127,046 | 152,843 | 144,540 | |||
| Total liabilities: | 756,748 | 249,885 | 222,434 | 169,310 | 193,590 | 172,673 | |||
| Temporary equity, including noncontrolling interest | 158,085 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent | 47,165 | 69,176 | 69,714 | 61,434 | 23,179 | 34,314 | |||
| Common stock | 3 | 3 | 3 | 3 | 3 | 3 | |||
| Treasury stock, value | (18,202) | (15,051) | (7,169) | (37) | |||||
| Additional paid in capital | 68,392 | 58,270 | 55,583 | 53,481 | 46,538 | 44,853 | |||
| Accumulated other comprehensive loss | (3,028) | (2,930) | (2,869) | (2,645) | (2,646) | (2,651) | |||
| Retained earnings (accumulated deficit) | 28,884 | 24,166 | 10,632 | (20,716) | (7,891) | ||||
| Equity, attributable to noncontrolling interest | (2,645) | (1,816) | (1,124) | (909) | (1,200) | (402) | |||
| Total equity: | 44,520 | 67,360 | 68,590 | 60,525 | 21,979 | 33,912 | |||
| TOTAL LIABILITIES AND EQUITY: | 959,353 | 317,245 | 291,024 | 229,835 | 215,569 | 206,585 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 673,344 | 332,769 | 316,638 | 277,178 | 141,943 | 120,681 | ||
| Gross profit: | 673,344 | 332,769 | 316,638 | 277,178 | 141,943 | 120,681 | ||
| Operating expenses | (594,762) | (297,728) | (279,135) | (237,570) | (134,988) | (107,360) | ||
| Other operating income (expense), net | (124) | (1,021) | 11 | 246 | ||||
| Other undisclosed operating loss | (67,687) | (24,726) | (21,197) | (20,223) | (20,660) | (776) | ||
| Operating income (loss): | 10,771 | 9,294 | 16,306 | 19,385 | (13,694) | 12,791 | ||
| Nonoperating income (expense) | (35,258) | (7,028) | (2,113) | 14,149 | (5,329) | (2,812) | ||
| Investment income, nonoperating | 10,963 | |||||||
| Loss on contract termination | (1,096) | (257) | (1,912) | (3,315) | (573) | |||
| Interest and debt expense | (28,800) | (7,400) | (1,700) | (3,300) | (4,400) | (1,700) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (53,287) | (5,134) | 12,493 | 30,234 | (23,423) | 8,279 | ||
| Other undisclosed income from continuing operations before income taxes | 28,800 | 7,400 | 1,700 | 3,300 | 4,400 | 1,700 | ||
| Income (loss) from continuing operations before income taxes: | (24,487) | 2,266 | 14,193 | 33,534 | (19,023) | 9,979 | ||
| Income tax expense (benefit) | 7,834 | 1,760 | (874) | (1,586) | 5,400 | 11,154 | ||
| Income (loss) from continuing operations: | (16,653) | 4,026 | 13,319 | 31,948 | (13,623) | 21,133 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 31,948 | (13,623) | 21,133 | |
| Net income (loss): | (16,653) | 4,026 | 13,319 | 31,948 | (13,623) | 21,133 | ||
| Net income (loss) attributable to noncontrolling interest | 829 | 692 | 215 | (600) | 798 | (302) | ||
| Net income (loss) attributable to parent: | (15,824) | 4,718 | 13,534 | 31,348 | (12,825) | 20,831 | ||
| Preferred stock dividends and other adjustments | (19,142) | |||||||
| Net income (loss) available to common stockholders, diluted: | (34,966) | 4,718 | 13,534 | 31,348 | (12,825) | 20,831 | ||
Comprehensive Income ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (16,653) | 4,026 | 13,319 | 31,948 | (13,623) | 21,133 | ||
| Other undisclosed comprehensive income (loss) | (98) | |||||||
| Comprehensive income (loss): | (16,751) | 4,026 | 13,319 | 31,948 | (13,623) | 21,133 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 829 | 692 | 215 | (600) | 798 | (302) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (61) | (224) | 1 | 5 | (341) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (15,922) | 4,657 | 13,310 | 31,349 | (12,820) | 20,490 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.