Filing Flows › Procaccianti Hotel REIT (PRXA) › Q1 2025
Procaccianti Hotel REIT (PRXA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
Procaccianti Hotel REIT (PRXA) reported revenue of $5.8M for the first quarter 2025 (Q1 2025), +9% from a year earlier and -14% from the quarter before. Operating margin was -3.4%, net loss $934K (16.0% of revenue).
Procaccianti Hotel REIT, Q1 2025: revenue $5.8M (+9% year over year), operating margin -3.4%, net loss $934K, operating cash flow $117K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.8M | -14% | +9% |
| Operating profit | −$197K | -151% | — |
| Net earnings | −$934K | — | — |
| Operating cash flow | $117K | -85% | -86% |
What changed
Revenue was $5.8M in Q1 2025, up 9% year over year and down 14% from the previous quarter. Rooms was the largest line at 89% of revenue. Rooms added $376K year over year (up 8%), 78% of the total change.
Operating costs exceeded revenue by $197K, an operating margin of -3.4%. Total costs grew 7% against revenue growth of 9%. The quarter ended with a net loss of $934K, wider than the previous quarter's $470K loss. Net interest and other expense of $1.0M was the main reason.
Operating cash flow was $117K (down 86% year over year). Non-cash charges added back $1.1M of depreciation and amortization. Working capital and other items used $40K. Capital expenditures of $418K exceeded it, leaving free cash flow of −$301K.
Questions
What was Procaccianti Hotel REIT's revenue in the first quarter 2025?
Procaccianti Hotel REIT (PRXA) reported revenue of $5.8M for the first quarter 2025 (Q1 2025), +9% from a year earlier and -14% from the quarter before.
Was Procaccianti Hotel REIT profitable in the first quarter 2025?
Operating loss was $197K (-3.4% of revenue) and net loss $934K.