← SONIDA SENIOR LIVING, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $447.4m | $73k | $460.0m | $447.1m | $383.9m | $234.7m |
$238.4m
+1.58%
|
$255.3m
+7.08%
|
$304.3m
+19.19%
|
$381.1m
+25.24%
|
$411.9m
+8.06%
|
|
| General and Administrative Expense | $23.7m | $23.6m | $27.0m | $27.5m | $27.9m | $29.5m | $30.3m | $32.2m | $40.0m | $39.9m | $41.8m | |
| Amortization of Intangible Assets | — | — | — | — | — | — | — | — | $3.3m | $10.0m | — | |
| Operating Lease, Expense | — | — | — | $6.5m | $7.1m | $122k | — | — | — | — | — | |
| Transaction, transition and restructuring costs | — | — | — | — | — | — | — | — | $5.9m | $16.2m | — | |
| Operating expenses: | ||||||||||||
| Operating Costs and Expenses | — | — | — | $310.6m | $254.6m | $157.3m | $171.6m | $177.3m | $202.0m | $253.2m | — | |
| Operating Income (Loss) | $14.4m |
$7.8m
-45.50%
|
$7.6m
-3.05%
|
($14.7m)
-293.20%
|
($295.0m)
-1908.16%
|
$126.2m
+142.78%
|
($54.3m)
-143.04%
|
($20.9m)
+61.61%
|
$68.7m
+429.28%
|
($72.2m)
-205.09%
|
($14.1m)
+80.49%
|
|
| Interest Expense, Debt | $42.2m | $49.5m | $50.5m | $49.8m | $44.6m | $37.2m | $33.0m | $36.1m | $37.0m | $38.6m | $42.0m | |
| Interest income | $67k | $73k | $165k | $221k | $193k | $6k | $235k | $608k | $1.7m | $2.1m | $2.1m | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | — | — | — | — | ($3.0m) | — | — | — | |
| Other Nonoperating Income (Expense) | $233k | $7k | $3k | $7k | ($201k) | $8.7m | $10.0m | ($532k) | ($540k) | $7.9m | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | — | ($895k) | ($1.4m) | — | |
| Loss from equity method investment | — | — | — | — | — | — | — | $0 | ($895k) | ($1.4m) | — | |
| Other income (expense), net | $233k | $7k | $3k | $7k | ($201k) | $8.7m | $10.0m | ($532k) | ($540k) | $7.9m | ($46.4m) | |
| Interest Expense (non-operating) | $42.2m | $49.5m | $50.5m | $49.8m | $44.6m | $37.2m | $33.0m | $36.1m | $37.0m | $38.6m | $42.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($27.6m) | ($41.7m) | ($55.4m) | ($35.6m) | ($295.0m) | $126.2m | ($54.3m) | ($20.9m) | ($3.0m) | ($72.2m) | ($100.5m) | |
| Provision for income taxes | ($435k) | ($2.5m) | $1.8m | ($448k) | ($389k) | ($583k) | ($86k) | ($253k) | ($239k) | ($330k) | — | |
| Net loss | — | — | — | — | — | — | — | ($21.1m) | ($3.3m) | ($72.5m) | — | |
| Net loss attributable to Sonida shareholders | ($28.0m) | ($44.2m) | ($53.6m) | ($36.0m) | ($295.4m) | $125.6m | ($54.4m) | ($21.1m) | ($2.1m) | ($70.8m) | — | |
| Net loss attributable to common stockholders | — | — | — | ($36.0m) |
($295.4m)
-719.78%
|
$111.4m | ($59.0m) | ($26.1m) | ($7.6m) | ($76.4m) | — | |
| Net Income (Loss) Attributable to Parent | ($28.0m) |
($44.2m)
-57.65%
|
($53.6m)
-21.35%
|
($36.0m)
+32.77%
|
($295.4m)
-719.78%
|
$125.6m
+142.53%
|
($54.4m)
-143.31%
|
($21.1m)
+61.20%
|
($2.1m)
+90.24%
|
($70.8m)
-3337.54%
|
($123.9m)
-75.01%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | ($36.0m) |
($295.4m)
-719.78%
|
$111.4m
+137.72%
|
($59.0m)
-152.93%
|
($26.1m)
+55.74%
|
($7.6m)
+70.94%
|
($76.4m)
-907.59%
|
($123.9m)
-62.10%
|
|
| Less: Net loss attributable to noncontrolling interests | — | — | — | — | — | — | — | $0 | $1.2m | $1.7m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | ($1.2m) | ($1.7m) | ($123.9m) | |
| Preferred Stock Dividends, Income Statement Impact | — | — | — | — | — | $718k | $2.3m | $0 | $2.8m | $5.6m | $24.4m | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | — | — | — | — | — | $6.3m | $0 | — | — | — | — | |
| Earnings Per Share, Basic | ($0.97) | ($1.50) | ($1.80) | ($1.19) | ($144.08) | $38.24 | ($9.27) | ($3.85) | ($0.54) | ($4.22) | ($5.84) | |
| Earnings Per Share, Diluted | ($0.97) | ($1.50) | ($1.80) | ($1.19) | ($144.08) | $37.92 | ($9.27) | ($3.85) | ($0.54) | ($4.22) | ($5.84) | |
| Weighted Average Number of Shares Outstanding, Basic | 28.9m | 29.5m | 29.8m | 30.3m | 2.0m | 2.8m | 6.4m | 6.8m | 14.1m | 18.1m | 20.0m | |
| Weighted average common shares outstanding — basic (in shares) | 28.9m | 29.5m | 29.8m | 30.3m | 2.0m | 2.8m | 6.4m | 6.8m | 14.1m | 18.1m | — | |
| Weighted average common shares outstanding — diluted (in shares) | 28.9m | 29.5m | 29.8m | 30.3m | 2.0m | 2.8m | 6.4m | 6.8m | 14.1m | 18.1m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | 28.9m | 29.5m | 29.8m | 30.3m | 2.0m | 2.8m | 6.4m | 6.8m | 14.1m | 18.1m | 20.0m | |
| Additional Financial Items | ||||||||||||
| Costs and Expenses | $433.1m | $459.2m | $452.4m | $461.8m | $439.5m | $274.9m | $269.3m | $276.5m | $319.2m | $423.3m | — | |
| Other Cost and Expense, Operating | — | — | — | — | — | — | — | — | $2.8m | — | — | |
| Management fees | $447.4m | $73k | $460.0m | $447.1m | $383.9m | $234.7m | $238.4m | $255.3m | $304.3m | $381.1m | — | |
| Operating expense | — | — | — | $310.6m | $254.6m | $157.3m | $171.6m | $177.3m | $202.0m | $253.2m | $380.4m | |
| Depreciation and amortization expense | $60.4m | $66.2m | $62.8m | $64.2m | $60.3m | $37.9m | $38.4m | $39.9m | $44.1m | $56.8m | $63.0m | |
| Long-lived asset impairment | — | — | — | ($3.0m) | $41.8m | $6.5m | $1.6m | $6.0m | $0 | $12.5m | — | |
| Managed community reimbursement expense | — | — | — | $0 | $24.9m | $40.9m | $27.4m | $21.1m | $33.1m | $44.8m | — | |
| Gain on extinguishment of debt | — | — | — | $0 | $0 | $199.9m | ($641k) | $36.3m | $48.5m | $0 | — | |
| Dividends on Series A convertible preferred stock | — | — | — | $0 | $0 | ($718k) | ($2.3m) | $0 | ($2.8m) | ($5.6m) | — | |
| Undeclared dividends on Series A convertible preferred stock | — | — | — | — | — | $0 | ($2.3m) | ($5.0m) | ($2.7m) | $0 | — | |
| Total expenses | $433.1m | $459.2m | $452.4m | $461.8m | $439.5m | $274.9m | $269.3m | $276.5m | $319.2m | $423.3m | $425.9m |