The ONE Group Hospitality, Inc. (STKS) financial statements (2021 and earlier)
Company profile
| Business Address |
411 W. 14TH STREET NEW YORK, NY 10014 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 5812 - Eating Places (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 12 | 2 | 2 | 2 | 2 | 8 | ||
| Cash and cash equivalents | 12 | 2 | 2 | 2 | 2 | 8 | ||
| Receivables | 11 | 7 | 6 | 5 | 5 | 6 | ||
| Inventory, net of allowances, customer advances and progress billings | 3 | 1 | 1 | 1 | 1 | 1 | ||
| Inventory | 3 | 1 | 1 | 1 | 1 | 1 | ||
| Prepaid expense | 0 | 1 | 0 | 0 | 2 | |||
| Disposal group, including discontinued operation | 1 | |||||||
| Assets held-for-sale | ✕ | ✕ | ✕ | ✕ | ✕ | 0 | ||
| Deferred tax assets | ✕ | 0 | ||||||
| Other current assets | 0 | 0 | 0 | 0 | 0 | 2 | ||
| Other undisclosed current assets | 1 | 1 | 1 | 1 | 1 | (1) | ||
| Total current assets: | 27 | 12 | 10 | 10 | 12 | 17 | ||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 70 | 39 | 38 | 37 | 28 | 19 | ||
| Long-term investments and receivables | 3 | 3 | 3 | 3 | 3 | |||
| Long-term investments | 3 | 3 | 3 | 3 | 3 | |||
| Intangible assets, net (including goodwill) | 17 | |||||||
| Intangible assets, net (excluding goodwill) | 17 | |||||||
| Disposal group, including discontinued operation, noncurrent assets | 0 | |||||||
| Other noncurrent assets | 2 | 0 | 0 | 1 | 1 | 1 | ||
| Assets of disposal group, including discontinued operation | ✕ | ✕ | ✕ | ✕ | ✕ | 0 | ||
| Other undisclosed noncurrent assets | 90 | 2 | 2 | 2 | 12 | 2 | ||
| Total noncurrent assets: | 179 | 44 | 43 | 43 | 44 | 25 | ||
| TOTAL ASSETS: | 207 | 56 | 53 | 53 | 56 | 41 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 19 | 14 | 12 | 9 | 7 | 6 | ||
| Accounts payable | 8 | 5 | 5 | 4 | 3 | 3 | ||
| Accrued liabilities | 11 | 8 | 7 | 6 | 5 | 2 | ||
| Employee-related liabilities | 0 | |||||||
| Taxes payable | 0 | |||||||
| Debt | 1 | 3 | 3 | 4 | 1 | 2 | ||
| Derivative instruments and hedges, liabilities | 0 | |||||||
| Due to related parties | 0 | 0 | ||||||
| Disposal group, including discontinued operation | 4 | |||||||
| Deferred revenue and credits | ✕ | ✕ | 0 | 1 | 0 | 0 | ||
| Other undisclosed current liabilities | 8 | 1 | 1 | 0 | 3 | (5) | ||
| Total current liabilities: | 28 | 18 | 17 | 14 | 11 | 7 | ||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 45 | 7 | 10 | 13 | 10 | 6 | ||
| Long-term debt, excluding current maturities | 45 | 7 | 10 | 13 | 10 | 6 | ||
| Liabilities, other than long-term debt | 18 | 19 | 18 | 15 | 16 | |||
| Deferred revenue and credits | ✕ | ✕ | 18 | 17 | 15 | 9 | ||
| Deferred rent credit | 17 | ✕ | ✕ | ✕ | ✕ | |||
| Due to related parties | 1 | 1 | 1 | |||||
| Other liabilities | 0 | |||||||
| Derivative instruments and hedges, liabilities | 6 | |||||||
| Other undisclosed noncurrent liabilities | 99 | 1 | ||||||
| Total noncurrent liabilities: | 145 | 26 | 30 | 32 | 25 | 22 | ||
| Total liabilities: | 173 | 44 | 46 | 46 | 36 | 29 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 34 | 13 | 7 | 8 | 20 | 13 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 45 | 44 | 41 | 37 | 32 | 31 | ||
| Accumulated other comprehensive loss | (3) | (2) | (2) | (2) | (0) | (0) | ||
| Accumulated deficit | (8) | (29) | (32) | (28) | (11) | (18) | ||
| Stockholders' equity attributable to noncontrolling interest | (0) | (0) | (1) | (1) | (1) | (0) | ||
| Total stockholders' equity: | 34 | 12 | 7 | 7 | 20 | 12 | ||
| TOTAL LIABILITIES AND EQUITY: | 207 | 56 | 53 | 53 | 56 | 41 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 121 | 86 | 80 | 72 | 61 | 49 | |
| Revenue, net | ✕ | ✕ | 69 | 72 | 61 | 49 | |
| Cost of revenue | (15) | (20) | (55) | (36) | (28) | ||
| Other undisclosed gross profit | (12) | (7) | |||||
| Gross profit: | 121 | 70 | 59 | 17 | 13 | 15 | |
| Operating expenses | (107) | (65) | (62) | (23) | (27) | (14) | |
| Other operating income (expense), net | 0 | 0 | (0) | ||||
| Other undisclosed operating income (loss) | (1) | (0) | 0 | 21 | |||
| Operating income (loss): | 13 | 6 | (3) | 15 | (14) | 0 | |
| Nonoperating income (expense) | (3) | (1) | (1) | (0) | 0 | 2 | |
| Investment income, nonoperating | 11 | ||||||
| Loss on contract termination | (1) | (0) | (2) | (0) | |||
| Foreign currency transaction loss, before tax | (0) | ||||||
| Other nonoperating income | 0 | 1 | 2 | ||||
| Interest and debt expense | (2) | (1) | (1) | (1) | (0) | (0) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 6 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 8 | 4 | (5) | 14 | (14) | 7 | |
| Income from equity method investments | 1 | 1 | 1 | ||||
| Other undisclosed income (loss) from continuing operations before income taxes | 2 | 1 | 1 | (21) | 11 | (1) | |
| Income (loss) from continuing operations before income taxes: | 10 | 5 | (4) | (6) | (2) | 7 | |
| Income tax expense (benefit) | 11 | (1) | (1) | (10) | 9 | (1) | |
| Income (loss) from continuing operations: | 21 | 4 | (4) | (16) | 7 | 7 | |
| Income (loss) from discontinued operations | 0 | (0) | (0) | (1) | |||
| Net income (loss): | 21 | 4 | (4) | (16) | 7 | 5 | |
| Net loss attributable to noncontrolling interest | (0) | (1) | (0) | (0) | |||
| Other undisclosed net loss attributable to parent | (0) | (0) | |||||
| Net income (loss) available to common stockholders, diluted: | 21 | 3 | (4) | (17) | 7 | 5 | |
Comprehensive Income ($ in millions)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 21 | 4 | (4) | (16) | 7 | 5 | |
| Comprehensive income (loss): | 21 | 4 | (4) | (16) | 7 | 5 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (0) | (1) | (0) | (0) | |||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (0) | (1) | (0) | (1) | (0) | (1) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 20 | 3 | (4) | (18) | 7 | 4 | |
Statements sources
The financial statements are based on the company's filings with the 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.