Company Quick10K Filing
Ashford
10-K 2019-12-31 Filed 2020-03-12
10-Q 2019-09-30 Filed 2019-11-07
10-Q 2019-06-30 Filed 2019-08-08
10-Q 2019-03-31 Filed 2019-05-09
10-K 2018-12-31 Filed 2019-03-08
10-Q 2018-09-30 Filed 2018-11-08
10-Q 2018-06-30 Filed 2018-08-09
10-Q 2018-03-31 Filed 2018-05-09
10-K 2017-12-31 Filed 2018-03-12
10-Q 2017-09-30 Filed 2017-11-08
10-Q 2017-06-30 Filed 2017-08-08
10-Q 2017-03-31 Filed 2017-05-09
10-K 2016-12-31 Filed 2017-03-16
10-Q 2016-09-30 Filed 2016-11-09
10-Q 2016-06-30 Filed 2016-08-09
10-Q 2016-03-31 Filed 2016-05-10
10-K 2015-12-31 Filed 2016-03-15
10-Q 2015-09-30 Filed 2015-11-16
10-Q 2015-06-30 Filed 2015-08-14
10-Q 2015-03-31 Filed 2015-05-15
10-K 2014-12-31 Filed 2015-03-24
8-K 2020-05-15 Officers, Exhibits
8-K 2020-05-14 Shareholder Vote
8-K 2020-05-08 Other Events
8-K 2020-05-02 Leave Agreement, Regulation FD, Exhibits
8-K 2020-04-26
8-K 2020-04-21 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2020-04-16 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2020-03-20 Enter Agreement, Exhibits
8-K 2020-03-19 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2020-03-13 Enter Agreement, Shareholder Rights, Officers, Amend Bylaw, Regulation FD, Exhibits
8-K 2020-02-25 Regulation FD, Exhibits
8-K 2020-02-25 Earnings, Exhibits
8-K 2020-02-18 Regulation FD, Exhibits
8-K 2020-01-10 Earnings, Exhibits
8-K 2019-12-20 Officers, Exhibits
8-K 2019-12-02 Regulation FD, Exhibits
8-K 2019-11-07 Regulation FD, Exhibits
8-K 2019-10-31 Regulation FD, Exhibits
8-K 2019-10-30 Earnings, Exhibits
8-K 2019-10-24 Shareholder Vote, Regulation FD, Exhibits
8-K 2019-10-03 Regulation FD, Exhibits
8-K 2019-10-03 Regulation FD, Exhibits
8-K 2019-10-02 Regulation FD, Exhibits
8-K 2019-09-25 Regulation FD, Exhibits
8-K 2019-09-23 Regulation FD, Exhibits
8-K 2019-08-02 Regulation FD, Exhibits
8-K 2019-08-01 Earnings, Exhibits
8-K 2019-07-18 Sale of Shares
8-K 2019-05-31 Enter Agreement, Sale of Shares, Other Events, Exhibits
8-K 2019-05-16 Shareholder Vote
8-K 2019-05-15 Regulation FD, Exhibits
8-K 2019-05-03 Regulation FD, Exhibits
8-K 2019-05-02 Earnings, Exhibits
8-K 2019-03-27 Code of Ethics, Exhibits
8-K 2019-03-05 Regulation FD, Exhibits
8-K 2019-03-01 Regulation FD, Exhibits
8-K 2019-02-28 Earnings, Exhibits
8-K 2019-01-15
8-K 2019-01-15 Enter Agreement, Regulation FD, Exhibits
8-K 2019-01-09 Earnings, Exhibits
8-K 2018-11-02 Regulation FD, Exhibits
8-K 2018-11-01 Earnings, Exhibits
8-K 2018-10-05 Regulation FD
8-K 2018-10-02 Regulation FD, Exhibits
8-K 2018-09-25 Regulation FD, Exhibits
8-K 2018-09-25 Enter Agreement, Exhibits
8-K 2018-09-24 Regulation FD, Exhibits
8-K 2018-08-30 Regulation FD, Exhibits
8-K 2018-08-22 Regulation FD, Exhibits
8-K 2018-08-10 Regulation FD, Exhibits
8-K 2018-08-09 Earnings, Exhibits
8-K 2018-08-08 Regulation FD, Exhibits
8-K 2018-06-27 Regulation FD, Exhibits
8-K 2018-06-26 Enter Agreement, Other Events, Exhibits
8-K 2018-06-25 Regulation FD, Exhibits
8-K 2018-06-15 Shareholder Vote
8-K 2018-06-01 Amend Bylaw, Exhibits
8-K 2018-05-24 Other Events, Exhibits
8-K 2018-05-10 Other Events, Exhibits
8-K 2018-05-04 Regulation FD, Exhibits
8-K 2018-05-03 Earnings, Exhibits
8-K 2018-04-06 Enter Agreement, Shareholder Rights, Other Events, Exhibits
8-K 2018-04-04 Enter Agreement, Exhibits
8-K 2018-04-02 Regulation FD, Exhibits
8-K 2018-03-21 Other Events, Exhibits
8-K 2018-03-14 Officers
8-K 2018-03-12 Officers, Regulation FD, Exhibits
8-K 2018-03-02 Regulation FD, Exhibits
8-K 2018-03-02 Regulation FD, Exhibits
8-K 2018-03-01 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-03-01 Earnings, Exhibits
8-K 2018-02-27 Amend Bylaw, Exhibits
8-K 2018-01-08 Other Events, Exhibits

Ashford Financials

AINC Metrics, Comps, Filings

Quarterly | Annual

Business

Ashford Inc. is a Maryland corporation that provides asset management services, advisory services and other products and services primarily to clients in the hospitality industry. We became a public company in November 2014, when Ashford Trust completed the spin-off of Ashford Inc. through the distribution of approximately 70% of our outstanding common stock to Ashford Trust stockholders and unitholders in Ashford Trust's operating partnership, collectively. Our common stock is listed on the NYSE American LLC ("NYSE American"). As of December 31, 2018, Ashford Trust held approximately 598,000 shares of our common stock, which represented an approximate 25.0% ownership interest in Ashford Inc., and Braemar held approximately 195,000 shares, which represented an approximate 8.1% ownership interest in Ashford Inc. As of December 31, 2018, Mr. Monty J. Bennett, our chief executive officer and chairman and the chairman of Ashford Trust and Braemar, and his father, Mr. Archie Bennett, Jr., chairman emeritus of Ashford Trust, beneficially owned approximately 313,014 shares of our common stock, which represented an approximate 13.1% ownership interest in Ashford Inc., and beneficially owned 7,800,000 shares of our Series B Cumulative Convertible Preferred Stock (the "Series B Convertible Preferred Stock"), which is exercisable (at an exercise price of $140 per share) into an additional approximate 1,392,857 shares of Ashford Inc. common stock, which if exercised as of December 31, 2018 would have increased Mr. Bennett and Mr. Bennett, Jr.'s ownership interest in Ashford Inc. to 45.1%.

We are currently the advisor for Ashford Trust and Braemar. In our capacity as the advisor to Ashford Trust and Braemar, we are responsible for implementing the investment strategies and managing the day-to-day operations of Ashford Trust and Braemar, in each case subject to the supervision and oversight of the respective board of directors of Ashford Trust and Braemar. Ashford Trust commenced operating in August 2003 and is focused on investing in full service hotels in the upscale and upper-upscale segments in the U.S. that have revenue per available room ("RevPAR") generally less than twice the national average. Braemar invests primarily in luxury hotels and resorts with RevPAR of at least twice the U.S. national average. Braemar became a publicly traded company in November 2013 upon the completion of its spin-off from Ashford Trust. Each of Ashford Trust and Braemar is a real estate investment trust ("REIT") as defined in the Internal Revenue Code, and the common stock of each of Ashford Trust and Braemar is traded on the NYSE.

We provide the personnel and services that we believe are necessary for each of Ashford Trust and Braemar to conduct their respective businesses. We may also perform similar functions for new or additional platforms. We are not responsible for managing the day-to-day operations of the individual hotel properties owned by either Ashford Trust or Braemar, which duties are, and will continue to be, the responsibility of the hotel management companies that operate the hotel properties owned by Ashford Trust and Braemar.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Hackett Group (HCKT) 553,377 34% 17.7 11% 193,933 55,186 213,366 72,987 20,856 30,483 539,454
Cross Country Healthcare (CCRN) 381,604 6% -15.2 -19% 393,991 230,344 808,035 50,559 -74,686 -29,140 442,702
Startek (SRT) 249,755 17% 19.6 -3% 659,714 384,936 638,564 106,024 -19,036 18,524 363,010
BG Staffing (BGSF) 188,141 27% 8.2 14% 105,993 38,407 293,998 80,198 15,358 23,084 188,141
Avalon Globocare (AVCO) 162,150 -3% -12.6 -124% 10,669 4,922 1,067 -31 -13,278 -12,811 161,050
Information Services Group (III) 124,398 42% 15.4 1% 220,727 136,261 200,262 83,626 1,247 13,404 206,505
DLH Holdings (DLHC) 85,419 16% 10.8 4% 129,258 83,687 160,391 25,783 5,323 12,961 139,629
Volt Information Sciences (VISI) 73,066 15% 3.8 3% 240,515 186,536 1,062,848 157,337 8,282 24,379 92,076
Mastech Digital (MHH) 66,670 24% 7.1 10% 93,079 49,263 187,860 45,883 9,745 12,952 91,829
Ashford (AINC) 61,733 0% 2.2 -0% 421,837 148,779 234,651 0 -1,776 19,513 42,277
ARC Document Solutions (ARC) 59,653 33% 4.2 1% 364,179 214,834 290,099 94,925 2,191 35,559 150,263
RCM Technologies (RCMT) 37,754 25% 7.8 3% 91,740 60,689 142,550 35,935 3,049 4,783 37,361
Hudson Global (HSON) 36,855 47% -4.5 -5% 47,149 13,191 68,363 32,451 -2,438 -1,773 7,974
Wilhelmina (WHLM) 29,785 28% 20.6 0% 43,501 17,389 57,245 16,079 176 1,284 26,449
Command Center (CCNI) 28,059 25% 41.6 -1% 22,728 4,846 97,470 24,335 -197 523 21,756
China Internet Nationwide Financial Services (CIFS) 18,355 0% 66,845 1,964 0 0 0 0 16,776
Staffing 360 Solutions (STAF) 9,792 17% 116.2 -2% 97,440 91,974 214,644 36,695 -2,350 408 47,404
Lightbridge (LTBR) 2,405 2.1 -38% 23,038 1,687 0 0 -8,859 -8,859 -18,177
Volt Information Sciences (VOLT) 15% -1.3 -6% 222,363 186,690 1,003,487 153,612 -14,437 -7,576 9,940
HireQuest (HQI) 40% 0.6 -13% 58,543 29,481 24,838 9,930 -7,365 -2,439 -1,528

Balance Sheet ($'000)2015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash24,91621,07725,32150,272122,43886,43279,60284,09140,09450,97255,67045,55649,95553,25775,65959,44352,55753,31548,378
Accounts Receivable5,1277,1415,9444,5954,92812,5049,2326,628
Inventory1,0661,1371,2291,2211,2021,5371,5041,356
PP&E4,5254,3896,4647,7666,5798,75610,83414,21112,19411,75211,75325,00323,25926,33331,85655,83654,64762,54672,043
Assets48,801191,410173,821166,991164,799126,312125,957129,79791,15479,46584,012114,810119,597138,145389,818379,005420,106418,178421,837
Accounts Payable
Long-Term Debt43637911,94713,51313,21718,53618,00624,86525,10228,922
Liabilities37,80759,05545,44430,11531,99737,60835,64838,16851,27845,00349,75478,74282,83090,331121,763108,726144,363142,743148,779
Stockholders' Equity11,30920,75426,09132,16530,56532,37434,34637,37737,87732,09331,86230,18530,54541,54163,05065,44369,96869,58866,467
Income Statement ($'000)2015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue13,11814,48914,49616,87813,40918,15216,53819,50813,01319,63919,25529,66648,16854,81141,56550,97663,32063,46656,889
Cost of Revenue16,58717,021
Gross Profit31,58137,790
R&D
SG&A3,8804,5426,5072,9124,4414,0883,4384,4873,6494,9473,8974,8706,2959,12512,2317,98211,3688,940
Tax1,4542331,036566640-6555752206308,6438121,1557061,6057771,3001,253-297
Net Income-9,0543,914545,155-1,732-1,106-285727-2,385-6,709-1,856-7,402-5,7238,9603,3873,558710112-6,156
Cash Flow ($'000)2015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating-4,140-3,3414,29725,63870,6806,634-2,9456,42110,5801,4835,9851,3674,4297,8353,2912,26912,2248,255
Cash Investing-807-5,726-467-637-701,110-3,823-2,082-144-186-1,344-21,484-3,883-4,322-1,095-13,743-11,804-13,193
Cash Financing2665,228414-501,556-43,750-62150-51,007-3,5975710,0134,056-34920,2114,591350-22