NASDAQ$STKS

One Group Hospitality Inc/Th · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

The ONE Group reported record quarterly revenue and significant sales increase compared to both 2020 and 2019.

The ONE Group Hospitality, Inc. reported a strong second quarter with a 324.6% increase in total GAAP revenues to $70.8 million compared to the same period last year. GAAP net income attributable to The ONE Group was $13.8 million, or $0.41 net income per share ($0.19 adjusted net income per share), compared to a GAAP net loss of $2.9 million, or $0.10 net loss per share ($0.08 adjusted net loss per share) last year. Adjusted EBITDA increased to a quarterly record of $12.9 million.

  • Total GAAP revenues increased 324.6% to $70.8 million from $16.7 million.
  • GAAP net income attributable to The ONE Group was $13.8 million or $0.41 net income per share ($0.19 adjusted net income per share), compared to GAAP net loss of $2.9 million, or $0.10 net loss per share ($0.08 adjusted net loss per share).
  • Adjusted EBITDA increased to $12.9 million, a quarterly record, from a loss of $0.8 million.
  • Consolidated comparable sales increased 38.0% for the quarter.

Headline financials

Total Revenue

$70.8M

Previous: $16.7M+324.6%
EPS (adj)

$0.19

Previous: -$0.08+337.5%
Consolidated Comparable Sales

38.0%

Previous: -66.7%+157.0%
Capital Expenditures

-$5.37M

Previous: -$1.68M-219.6%
Free Cash Flow

$8.46M

Previous: -$4.55M+285.9%
Net Income

$13.8M

Previous: -$2.87M+581.8%
Operating Income

$7.76M

Previous: -$5.28M+246.8%
Gross Profit

$18.2M

Previous: $452K+3933.8%
Cash & Equivalents

$41.4M

Previous: $23.5M+76.5%
Total Assets

$232M

Previous: $210M+10.5%
Stock-Based Comp

$741K

Previous: $482K+53.7%

Revenue & EPS history

One Group Hospitality · Revenue · Quarterly

$70.8M

Q2 2021+324.6%vs Q2 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

One Group Hospitality · $70.8M total across 2 segments · Q2 2021

  • Owned Restaurant Net Revenue
    $67.8M+310.5%
  • Management, License, Franchise and Incentive Fee Revenue
    $2.91M+2057.0%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+2.0%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+4.0%

Avg return

30 days after

53%

25 / 47 earnings

Positive

+32.4%

Q2 2020

Best reaction

-18.7%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.6%+10.3%-2.2%
Q4 2025+6.4%+6.4%-2.3%
Q3 2025-3.1%-8.2%-0.5%
Q1 2025+0.7%-14.8%-12.4%
Q4 2024+0.8%+8.5%+7.8%
Q3 2024-13.3%-16.3%-9.0%
Q2 2024-15.0%-14.8%-16.9%
Q1 2024-4.5%+9.7%+9.1%
Q4 2023+7.6%+17.1%+47.7%
Q3 2023-0.4%-1.8%+9.7%
Q2 2023-5.2%-5.0%-1.0%
Q1 2023+2.0%-10.9%-4.3%
Q4 2022-3.5%-4.7%-2.6%
Q3 2022-18.7%-26.5%-7.8%
Q2 2022-9.3%-5.5%-19.9%
Q1 2022-0.6%-5.5%-0.1%
Q4 2021+6.2%+14.1%+3.3%
Q3 2021+5.9%+7.0%-15.6%
Q2 2021+20.6%+7.1%+1.7%
Q1 2021+22.6%+14.3%+38.0%
Q4 2020-7.3%-5.2%+7.1%
Q3 2020+22.2%+30.9%+36.1%
Q2 2020+32.4%+16.6%+16.6%
Q1 2020-5.8%-12.3%+43.5%
Q4 2019+28.0%-2.3%+6.1%
Q3 2019+4.1%+1.6%+1.9%
Q2 2019-1.4%-11.3%-8.4%
Q1 2019-3.9%-7.9%-15.8%
Q4 2018-3.0%-0.5%+0.3%
Q3 2018-1.0%-1.7%-21.0%
Q2 2018-2.1%+3.5%+14.0%
Q1 2018+7.6%+10.3%+9.4%
Q4 2017+6.2%+5.0%-9.7%
Q3 2017+4.0%+24.7%+40.0%
Q2 2017+1.1%-0.6%-14.2%
Q1 2017+2.5%+1.1%-4.7%
Q4 2016+9.3%+11.6%+27.7%
Q3 2016+1.7%-1.3%+11.2%
Q2 2016-10.9%-12.4%-6.9%
Q1 2016+1.2%
Q4 2015+9.1%
Q3 2015+4.2%
Q2 2015-6.3%
Q1 2015+0.0%
Q4 2014+0.2%
Q3 2014+0.0%
Q2 2014+0.0%
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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