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Ashford Inc   (AINC)
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    Sector  Services    Industry Consulting Services
   Industry Consulting Services
   Sector  Services


 

Ashford Inc

AINC's Financial Statements and Analysis



Ashford Inc narrowed first quarter of 2024 net loss per share of $-2.43 compare to net loss per share of $-2.59 recorded in the same quarter a year ago and improved compare to net loss per share of $-4.20 realized in previous quarter.


first quarter of 2024
Earnings Per Share Revenues
$ -2.43 $  209 Mill
$+0.16     $+24M     +12.97 %



Ashford Inc 's Revenue rose by 12.97 % in first quarter of 2024 (Mar 31 2024) year on year, to $209 million and advanced by 11.39 % sequentially.


Ashford Inc is

More on AINC's Income Statement



Ashford Inc 's net income of $1.515 million in the first quarter of 2024 increased by 28.83 % from net earnings of $1.176 million achieved in I. Quarter a year ago.

Sequentially Company turn into Profitability from net loss of $-4.614 million recorded in previous quarter.

More on AINC's Growth

Ashford Inc Inventories
Inventories grew by 16.58 % to $3 million from I. Quarter a year ago, sequentially inventories rose by 2.58 %. In Mar 31 2024 company's net cash and cash equivalents decreased by $-8 million, capital expenditures grew by -5.126-14.32%, to $-4 millions compare to same quarter a year ago

More on AINC's Cash flow Statement


Ashford Inc does not pay out common stock dividend.

In trailing twelve-month period Ashford Inc earned $ 5.49 cash per share, on a free-cash flow basis .


Tangible Book value grew to $ -333.09 per share from $ -353.37.

Company issued 0.18 million shares or 5.98 % in Mar 31 2024.
Interest Coverage Ratio was 0.78. Debt Coverage Ratio was 0.09.

More on AINC's Dividends

 Market Capitalization (Millions) 15
 Shares Outstanding (Millions) 3
 Total Debt (Millions $) 140
 Revenue (TTM) (Millions $) 771
 Net Income (TTM) (Millions $) -5
 Cash Flow (TTM) (Millions $) -5
 Capital Exp. (TTM) (Millions $) -24
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -




Ashford Inc does not pay out common stock dividend.

In trailing twelve-month period Ashford Inc had $ 5.49 cash flow per share, on a free-cash flow basis .


Tangible Book value grew to $ -333.09 per share from $ -353.37.

Company issued 0.18 million shares or 5.98 % in Mar 31 2024.
Interest Coverage Ratio was 0.78. Debt Coverage Ratio was 0.09.

More on AINC's Balance Sheets

 Market Capitalization (Millions) 15
 Shares Outstanding (Millions) 3
 Total Debt (Millions $) 140
 Revenue (TTM) (Millions $) 771
 Net Income (TTM) (Millions $) -5
 Cash Flow (TTM) (Millions $) -5
 Capital Exp. (TTM) (Millions $) -24
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -
   


  News about Ashford Inc Earnings

Consulting Services Company Sees Decline in Returns for Q1 2024

Ashford Inc: Strong Q1 Performance Drives Bullish Sentiment
Ashford Inc, a leading Consulting Services company, has reported impressive results for the first quarter of 2024, firmly establishing its position as a top performer within the sector. The company's financials exhibited substantial improvement across various key metrics, including earnings per share, revenues, and net earnings.
In Q1 2024, Ashford Inc managed to reduce its loss per share to $-2.43, showcasing a significant improvement compared to the same period last year, where the loss per share stood at $-2.59. Moreover, earnings per share experienced a positive swing, increasing from $-4.20 to $-2.43, reflecting the company's proactive ...

Ashford Inc Faces Intensified Diminishing Returns in Q4 of 2023

Ashford Inc is a company that has experienced some challenges in the financial year of 2023, as evidenced by the increase in loss per share compared to the previous year and the widening of net loss per share. Despite this, the company has shown some signs of growth in terms of revenue, with a 5.233% increase from the previous year. However, the surge in loss and the widening net loss per share indicate that there may be some underlying issues that need to be addressed by the company.
One factor that may have contributed to the financial challenges faced by Ashford Inc is the seasonal nature of the business. The decline in inventories and accounts receivable from the previous quarter may have impacted th...

Concerns Deepen as Ashford Inc Faces Mounting Losses in Q3 2023

/>Ashford Inc., a consulting services company, recently released its financial results for the third quarter of the fiscal year 2023. While the company saw revenue growth compared to the previous year, several concerning factors have emerged, including an increased deficit per share and lower performance compared to industry peers. This article aims to outline the facts and interpret the implications of Ashford Inc.'s financial results.
1. Revenue Increase and Deficit per Share:
Ashford Inc.'s revenue for the July to September 2023 period increased by 10.089% to $181.22 million compared to the same season in the previous year. However, the company experienced a worryingly high deficit per share, amou...

Ashford Inc Defies Market Challenges with Double-Digit Top-Line Growth in Q2 2023

Ashford Inc, a leading company in the market, recently released its financial results for the April to June 2023 period. The results reveal both po...

Ashford Inc's Remarkable Performance Shatters Records, Defies Expectations in Q1 2023

Ashford Inc Sees Positive Returns in Q1 2023, Reports Improved Revenue and Earnings
Ashford Inc, a leading player in the Services sector, announced its first quarter results for 2023, showing promising progress in its financial performance. The company's first quarter return on assets (ROA) stood at 0.67%, a significant improvement from the previous quarter, which came in at 0.57%. Significantly, this is also above Ashford Inc's average ROA, which stands at -8.76%.
However, while Ashford Inc's ROA showed improvement, it remains behind that of 271 other companies operating within the Services sector. Nonetheless, the company's o...


Date modified: 2024-05-14T16:27:08+00:00





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