One Group Hospitality Inc (OQ:STKS)

Sector:  Consumer Cyclicals Industry:  Restaurants & Bars
 
See Regulatory Filings on SEC
Company Contact
Address: 411 W. 14th Street, 2nd Floor
NEW YORK NY 10014
Tel: N/A
Website: https://togrp.com
IR: See website
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Key People
Jonathan Segal
Executive Chairman of the Board 		Emanuel P.N. Hilario
President, Chief Executive Officer, Director 		Tyler Loy
Chief Financial Officer
Business Overview
The ONE Group Hospitality, Inc. is an international restaurant company, which develops and operates upscale and polished casual, high-energy restaurants and lounges and provides turn-key food and beverage (F&B) services, and consulting service for hospitality venues, including hotels, casinos and other high-end locations. Its primary restaurant brands are STK, a multi-unit steakhouse concept that combines the high-energy, social atmosphere and service of a traditional upscale steakhouse, and Kona Grill, a polished, casual bar-centric grill concept featuring American favorites, sushi and specialty cocktails in a casual atmosphere. Its F&B hospitality management services are marketed as ONE Hospitality and include developing, managing and operating restaurants, bars, rooftop lounges, pools, banqueting and catering facilities, private dining rooms, room service and mini bars tailored to the specific needs of high-end hotels and casinos.
Financial Overview
For the fiscal year ended 31 December 2023, One Group Hospitality Inc revenues increased 5% to $332.8M. Net income decreased 65% to $4.7M. Revenues reflect STKs segment increase of 6% to $198.7M, Kona Grill segment increase of 4% to $131.7M. Net income was offset by Kona Grill segment income decrease of 70% to $2.2M, STKs segment income decrease of 4% to $38.9M, ONE Hospitality segment income decrease of 85% to $187K.
Employees: 257 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $215.17M as of Dec 31, 2023
Annual revenue (TTM): $332.77M as of Dec 31, 2023
EBITDA (TTM): $25.31M as of Dec 31, 2023
Net annual income (TTM): $4.72M as of Dec 31, 2023
Free cash flow (TTM): -$22.77M as of Dec 31, 2023
Net Debt Last Fiscal Year: $51.74M as of Dec 31, 2023
Shares outstanding: 31,308,496 as of Mar 22, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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