Meritage Hospitality Group (MHGU)
US Market

Meritage Hospitality Group (MHGU) Income Statement


Meritage Hospitality Group Income Statement

Last quarter (Q4 2022), Meritage Hospitality Group's total revenue was $159.42M, an increase of 7.35% from the same quarter last year. In Q4, Meritage Hospitality Group's net income was $-2.87M. See Meritage Hospitality Group’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 22Dec 21Dec 20Dec 19Dec 18
Total Revenue
$ 626.04M$ 626.04M$ 577.13M$ 516.18M$ 467.55M$ 435.30M
Cost of Revenue
$ 373.85M$ 373.85M$ 334.17M$ 287.53M$ 262.55M$ 241.29M
Gross Profit
$ 252.19M$ 252.19M$ 242.96M$ 228.65M$ 205.00M$ 194.01M
Operating Expense
$ 230.57M$ 230.57M$ 220.90M$ 194.41M$ 179.81M$ 168.59M
Operating Income
$ 21.62M$ 21.62M$ 22.06M$ 34.24M$ 25.19M$ 25.41M
Net Non Operating Interest Income Expense
$ -8.16M$ -8.16M$ -6.71M$ -10.78M$ -12.34M$ -9.67M
Other Income Expense
$ -3.79M$ -3.79M$ 7.95M$ -5.30M$ 3.61M$ 784.94K
Pretax Income
$ 9.67M$ 9.68M$ 23.30M$ 18.16M$ 16.46M$ 16.53M
Tax Provision
$ 585.00K$ 586.00K$ 5.10M$ 2.40M$ 3.59M$ 3.37M
Earnings From Equity Interest Net Of Tax
Net Income Common Stockholders
$ 6.46M$ 6.46M$ 15.42M$ 12.90M$ 10.25M$ 11.60M
Basic EPS
$ 0.94$ 0.98$ 2.30$ 2.00$ 1.62$ 1.85
Diluted EPS
$ 0.71$ 0.84$ 1.81$ 1.58$ 1.27$ 1.85
Basic Average Shares
$ 26.34M$ 6.58M$ 6.70M$ 6.45M$ 6.31M$ 6.26M
Diluted Average Shares
$ 33.66M$ 8.69M$ 9.63M$ 9.41M$ 9.03M$ 6.26M
Dividend Per Share
-$ 0.00$ 0.00$ 0.00$ 0.00$ 0.00
Total Operating Income As Reported
Reported Normalized Basic E P S
Reported Normalized Diluted E P S
Rent Expense Supplemental
$ 77.96M$ 77.94M$ 76.47M$ 69.94M$ 66.00M$ 59.20M
Total Expenses
$ 604.42M$ 604.42M$ 555.07M$ 481.94M$ 442.36M$ 409.89M
Net Income From Continuing And Discontinued Operation
$ 8.48M$ 8.48M$ 17.45M$ 14.91M$ 12.06M$ 13.01M
Normalized Income
$ 14.26M$ 15.67M$ 20.56M$ 22.25M$ 15.20M$ 13.01M
Interest Expense
$ 8.16M$ 8.16M$ 7.75M$ 10.78M$ 12.34M$ 9.67M
$ 17.83M$ 17.83M$ 31.04M$ 28.94M$ 28.80M$ 26.20M
$ 35.25M$ 35.25M$ 47.35M$ 45.25M$ 42.88M$ 38.15M
Currency in USD

Meritage Hospitality Group Earnings and Revenue History

What's Included in PREMIUM?
Make informed decisions based on Top Analysts' activity
Know what industry insiders are buying
Get actionable alerts from top Wall Street Analysts
Find out before anyone else which stock is going to shoot up
Get powerful stock screeners & detailed portfolio analysis