Company research
Ashford Inc.
CIK 1604738Updated Sep 27, 2026
Name history
Ashford Inc · through Oct 7, 2016
Filing activity
Latest filing
50 filings on record · 10-K/A, 10-K, 15-15D, 10-Q, 4, 8-K.
Recent filings
Show 5 more recent filings
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 498,977,000Source | 504,807,000Source | 482,356,000Source | 514,796,000Source |
| GoodwillUSD | 61,013,000Source | 61,013,000Source | 58,675,000Source | 56,622,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 188,407,000Source | 210,095,000Source | 226,544,000Source | 244,726,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 51,700,000Source | 52,054,000Source | 44,390,000Source | 37,571,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 21,446,000Source | 26,945,000Source | 17,600,000Source | 7,600,000Source |
| Inventory, NetUSD | 2,795,000Source | 2,481,000Source | 2,143,000Source | 1,555,000Source |
| Assets, CurrentUSD | 139,568,000Source | 140,930,000Source | 125,026,000Source | 98,456,000Source |
| Operating Lease, Right-of-Use AssetUSD | 22,606,000Source | 21,193,000Source | 23,844,000Source | 26,975,000Source |
| Other Assets, NoncurrentUSD | 1,720,000Source | 1,101,000Source | 2,259,000Source | 870,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 364,230,000Source | 329,402,000Source | 274,208,000Source | 278,492,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 2,000Source | 3,000Source | 3,000Source | 3,000Source |
| Additional Paid in CapitalUSD | 290,240,000Source | 299,304,000Source | 297,715,000Source | 294,395,000Source |
| Retained Earnings (Accumulated Deficit)USD | -650,728,000Source | -609,312,000Source | -568,482,000Source | -534,999,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -428,000Source | -213,000Source | 78,000Source | -1,206,000Source |
| Stockholders' Equity Attributable to ParentUSD | -360,914,000Source | -311,572,000Source | -271,633,000Source | -242,403,000Source |
| Liabilities and EquityUSD | 498,977,000Source | 504,807,000Source | 482,356,000Source | 514,796,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 166,031,000Source | 135,404,000Source | 121,169,000Source | 114,725,000Source |
| Operating Lease, Liability, CurrentUSD | 4,633,000Source | 4,160,000Source | 3,868,000Source | 3,628,000Source |
| Accounts Payable, CurrentUSD | 20,885,000Source | 18,482,000Source | 18,841,000Source | 11,682,000Source |
| Operating Lease, Liability, NoncurrentUSD | 19,645,000Source | 19,174,000Source | 20,082,000Source | 23,477,000Source |
| Deferred Income Tax Liabilities, NetUSD | 29,263,000Source | 29,517,000Source | 27,873,000Source | 32,848,000Source |
| Other Liabilities, NoncurrentUSD | 1,051,000Source | 2,590,000Source | 3,237,000Source | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 14,380,000Source | 7,005,000Source | 167,000Source | 638,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 25,336,000Source | 25,159,000Source | 27,873,000Source | 32,848,000Source |
| Dividends Payable, CurrentUSD | 48,342,000Source | 28,508,000Source | 27,285,000Source | 34,574,000Source |
| Long-term DebtUSD | 136,335,000Source | 132,579,000Source | 89,680,000Source | 52,669,000Source |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | 3,281,000Source | 1,972,000Source | 1,614,000Source | 69,000Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -3,992,000Source | -5,007,000Source | 2,923,000Source | -10,818,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 3,597,000Source | 2,412,000Source | 4,045,000Source | 4,553,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | 496,000Source | 304,000Source | 697,000Source | 666,000Source |
| Deferred Income Tax Expense (Benefit)USD | 177,000Source | -4,281,000Source | -4,258,000Source | -5,056,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 40,037,000Source | 18,792,000Source | 42,108,000Source | 20,836,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | 6,363,000Source | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -26,441,000Source | -33,033,000Source | -22,367,000Source | -9,438,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 20,421,000Source | 24,695,000Source | 14,797,000Source | 4,044,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 9,249,000Source | — | — | 0Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -19,024,000Source | 8,027,000Source | -10,713,000Source | -21,648,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -5,471,000Source | -6,178,000Source | 8,999,000Source | -10,217,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 69,799,000Source | 75,270,000Source | 81,448,000Source | 72,449,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 16,515,000Source | 14,145,000Source | 9,749,000Source | 5,022,000Source |
| Income Taxes Paid, NetUSD | 4,411,000Source | 8,188,000Source | 6,403,000Source | 6,628,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -43,000Source | 36,000Source | -29,000Source | 33,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 7,715,000Source | 14,608,000Source | 20,152,000Source | 23,651,000Source |
| Amortization of Debt Issuance CostsUSD | 1,108,000Source | 1,051,000Source | 761,000Source | 322,000Source |
| Amortization of Intangible AssetsUSD | 22,000,000Source | 24,300,000Source | 25,300,000Source | 25,600,000Source |
| DepreciationUSD | 34,422,000Source | 35,435,000Source | 38,003,000Source | 38,497,000Source |
| Depreciation, NonproductionUSD | 12,500,000Source | 11,100,000Source | 12,700,000Source | 12,900,000Source |
| Dividends Payable, CurrentUSD | 48,342,000Source | 28,508,000Source | 27,285,000Source | 34,574,000Source |
| Equity Method Investment, Other than Temporary ImpairmentUSD | 0Source | — | — | — |
| Equity Securities, FV-NI, Gain (Loss)USD | 1,207,000Source | — | — | — |
| Gain (Loss) on InvestmentsUSD | 0Source | -80,000Source | -86,000Source | -378,000Source |
| Gain (Loss) on Disposition of BusinessUSD | — | 0Source | -1,244,000Source | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -622,000Source | -3,141,000Source | -3,115,000Source | -1,593,000Source |
| General and Administrative ExpenseUSD | 60,346,000Source | 46,276,000Source | 34,004,000Source | 26,288,000Source |
| GoodwillUSD | 61,013,000Source | 61,013,000Source | 58,675,000Source | 56,622,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | — | 0Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 0Source | 0Source | — | 1,160,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 811,000Source | -702,000Source | 392,000Source | -126,000Source |
| Income Tax Expense (Benefit)USD | 6,568,000Source | -544,000Source | 8,530,000Source | -162,000Source |
| InterestExpenseNonoperatingUSD | 16,538,000Source | — | — | — |
| Investment Income, InterestUSD | 2,735,000Source | 1,798,000Source | 371,000Source | 285,000Source |
| Net Income (Loss) Attributable to ParentUSD | -3,288,000Source | -4,628,000Source | 3,646,000Source | -9,925,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 2,000Source | -880,000Source | -1,171,000Source | -678,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -40,522,000Source | -40,821,000Source | -32,812,000Source | -45,978,000Source |
| Operating Lease, ExpenseUSD | — | — | 3,300,000Source | 3,400,000Source |
| Other Nonoperating Income (Expense)USD | 2,434,000Source | 747,000Source | -25,000Source | -437,000Source |
| Proceeds from Issuance of Common StockUSD | 81,000Source | — | — | — |
| Proceeds from Noncontrolling InterestsUSD | 7,030,000Source | 4,871,000Source | 327,000Source | 734,000Source |
| Realized Investment Gains (Losses)USD | 0Source | -80,000Source | -121,000Source | -3,000Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 818,154,000Source | 746,795,000Source | 644,432,000Source | 384,567,000Source |
| Operating Income (Loss)USD | 14,242,000Source | 7,945,000Source | 21,593,000Source | -5,233,000Source |
| Other Nonoperating Income (Expense)USD | 2,434,000Source | 747,000Source | -25,000Source | -437,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 2,576,000Source | -5,551,000Source | 11,453,000Source | -10,980,000Source |
| Income Tax Expense (Benefit)USD | 6,568,000Source | -544,000Source | 8,530,000Source | -162,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 2,000Source | -880,000Source | -1,171,000Source | -678,000Source |
| Net Income (Loss) Attributable to ParentUSD | -3,288,000Source | -4,628,000Source | 3,646,000Source | -9,925,000Source |
| Earnings Per Share, BasicUSD per share | -15.74Source | -13.26Source | -11.26Source | -16.68Source |
| Earnings Per Share, DilutedUSD per share | -15.74Source | -13.69Source | -11.26Source | -16.68Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 2,575,000Source | 3,079,000Source | 2,915,000Source | 2,756,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 2,575,000Source | 3,128,000Source | 2,915,000Source | 2,756,000Source |
| Interest Expense (non-operating)USD | 16,538,000Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 22,000,000Source | 24,300,000Source | 25,300,000Source | 25,600,000Source |
| Costs and ExpensesUSD | 803,912,000Source | 738,850,000Source | 622,839,000Source | 389,800,000Source |
| Current Income Tax Expense (Benefit)USD | 6,391,000Source | 3,737,000Source | 12,788,000Source | 4,894,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 25,477,000Source | 28,222,000Source | 31,766,000Source | 32,598,000Source |
| Gain (Loss) on InvestmentsUSD | 0Source | -80,000Source | -86,000Source | -378,000Source |
| General and Administrative ExpenseUSD | 60,346,000Source | 46,276,000Source | 34,004,000Source | 26,288,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | — | 0Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -2,937,000Source | -9,819,000Source | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 811,000Source | -702,000Source | 392,000Source | -126,000Source |
| Investment Income, InterestUSD | 2,735,000Source | 1,798,000Source | 371,000Source | 285,000Source |
| Labor and Related ExpenseUSD | 94,455,000Source | 92,144,000Source | 76,521,000Source | 65,251,000Source |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling InterestUSD | 2,000Source | -880,000Source | -1,171,000Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -40,522,000Source | -40,821,000Source | -32,812,000Source | -45,978,000Source |
| Operating Lease, ExpenseUSD | — | — | 3,300,000Source | 3,400,000Source |
| Other Cost and Expense, OperatingUSD | — | 284,121,000Source | 229,698,000Source | 152,086,000Source |
| Other ExpensesUSD | 36,932,000Source | 25,281,000Source | 25,828,000Source | 18,199,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | 37,234,000Source | 36,193,000Source | 36,458,000Source | 35,000,000Source |
| Preferred Stock, Dividends Per Share, DeclaredUSD per share | 0.91Source | — | — | — |
| Realized Investment Gains (Losses)USD | 0Source | -80,000Source | -121,000Source | -3,000Source |