Demonstrações financeiras detalhadas de The ONE Group Hospitality, Inc. (STKS): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
The ONE Group Hospitality, Inc. registou receitas de $805.7M no último exercício, com um CAGR de 5 anos de 41.5%.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $72.4M | $79.8M | $85.6M | $120.7M | $141.9M | $277.2M | $316.6M | $332.8M | $673.3M | $805.7M |
| Custo da Receita | $57.1M | $62.0M | $64.7M | $95.9M | $121.1M | $212.0M | $250.1M | $267.0M | $550.6M | $709.8M |
| Lucro Bruto | $15.3M | $17.8M | $20.9M | $24.8M | $20.9M | $65.2M | $66.6M | $65.8M | $122.8M | $95.9M |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $17.2M | $13.2M | $12.5M | $11.5M | $13.9M | $26.6M | $29.1M | $30.8M | $44.2M | $52.5M |
| Despesas Operacionais | $19.8M | $16.5M | $15.1M | $12.0M | $34.6M | $45.8M | $50.3M | $56.5M | $112.0M | $52.1M |
| Lucro Operacional | -$6.4M | -$2.1M | $5.8M | $12.8M | -$13.7M | $19.4M | $16.3M | $9.3M | $10.8M | $43.8M |
| EBITDA | -$2.9M | $393000 | $8.5M | $13.6M | $7.0M | $38.6M | $26.3M | $34.0M | $40.7M | $51.2M |
| Despesas com Juros | $464165 | $1.2M | $1.2M | $2.0M | $5.3M | 0 | 0 | $7.0M | $31.1M | $40.9M |
| Lucro Antes de Impostos | -$6.0M | -$3.3M | $4.6M | $10.0M | -$19.0M | $33.5M | $14.2M | $2.3M | -$24.5M | -$32.9M |
| Imposto | $10.4M | $650000 | $713000 | -$11.2M | -$5.4M | $1.6M | $874000 | -$1.8M | -$7.8M | $60.7M |
| Lucro Líquido | -$16.7M | -$4.2M | $3.3M | $20.8M | -$12.8M | $31.3M | $13.5M | $4.7M | -$15.8M | -$92.2M |
| LPA | $-0.67 | $-0.17 | $0.12 | $0.73 | $-0.44 | $1.01 | $0.42 | $0.15 | $-1.12 | $-4.05 |
| LPA Diluído | $-0.67 | $-0.17 | $0.12 | $0.70 | $-0.44 | $0.93 | $0.40 | $0.15 | $-1.12 | $-4.05 |
| Ações em Circulação (Diluídas) | $25.1M | $25.4M | $28.1M | $29.6M | $28.9M | $33.8M | $33.9M | $32.3M | $31.2M | $31.0M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $180.2M | $207.0M | $212.8M | $200.5M |
| Lucro Bruto | $22.9M | $31.3M | $32.8M | $24.6M |
| Lucro Operacional | -$7.9M | $17.1M | $17.8M | $10.6M |
| EBITDA | $3.2M | $15.4M | $24.3M | $21.6M |
| Lucro Líquido | -$76.7M | -$6.4M | $3.2M | -$2.1M |
| LPA | $-2.75 | $-0.49 | $-0.20 | $-0.38 |
| LPA Diluído | $-2.75 | $-0.49 | $-0.20 | $-0.38 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $1.6M | $1.6M | $1.6M | $12.3M | $24.4M | $23.6M | $55.1M | $21.0M | $27.6M | $4.2M |
| Investimentos de Curto Prazo | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Contas a Receber | $6.1M | $5.8M | $7.3M | $10.7M | $6.2M | $11.7M | $15.6M | $17.6M | $23.1M | $34.9M |
| Estoque | $1.3M | $1.4M | $1.4M | $3.1M | $2.5M | $3.9M | $5.7M | $6.2M | $11.3M | $9.8M |
| Ativos Circulantes | $10.1M | $9.9M | $11.5M | $27.1M | $34.4M | $42.9M | $78.5M | $46.7M | $69.3M | $56.9M |
| Imobilizado | $36.8M | $37.8M | $39.3M | $151.6M | $148.3M | $155.0M | $179.2M | $235.0M | $536.3M | $531.4M |
| Ágio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $155.8M | $155.8M |
| Ativos Intangíveis | $6.1M | $5.8M | $7.3M | $17.2M | $16.3M | $15.5M | $15.3M | $15.3M | $133.1M | $129.0M |
| Ativos Totais | $52.9M | $53.2M | $56.0M | $206.6M | $215.6M | $229.8M | $291.0M | $317.2M | $959.4M | $884.2M |
| Contas a Pagar | $3.8M | $5.3M | $5.4M | $8.3M | $7.4M | $11.1M | $13.1M | $19.1M | $30.9M | $36.6M |
| Dívida de Curto Prazo | $3.2M | $3.2M | $3.2M | $749000 | $10.6M | $500000 | $1.5M | $1.5M | $6.1M | $9.3M |
| Passivos Circulantes | $13.9M | $17.0M | $17.8M | $28.1M | $40.7M | $42.3M | $45.7M | $58.2M | $131.1M | $133.2M |
| Dívida de Longo Prazo | $13.2M | $10.1M | $7.1M | $45.2M | $45.1M | $23.1M | $70.5M | $70.4M | $328.1M | $334.0M |
| Passivos Totais | $45.5M | $46.6M | $43.9M | $172.7M | $193.6M | $169.3M | $222.4M | $249.9M | $756.7M | $772.7M |
| Reservas | -$27.8M | -$32.0M | -$28.7M | -$7.9M | -$20.7M | $10.6M | $24.2M | $28.9M | 0 | -$93.2M |
| Patrimônio Líquido | $8.1M | $7.5M | $12.5M | $34.3M | $23.2M | $61.4M | $69.7M | $69.2M | $205.2M | $115.5M |
| Dívida Total | $17.0M | $13.4M | $10.3M | $148.7M | $159.1M | $132.6M | $183.6M | $199.3M | $641.0M | $651.1M |
| Dívida Líquida | $15.4M | $11.8M | $8.7M | $136.3M | $134.7M | $109.0M | $128.5M | $178.2M | $613.4M | $646.9M |
| Capital de Giro | -$3.8M | -$7.1M | -$6.3M | -$992000 | -$6.4M | $663000 | $32.9M | -$11.5M | -$61.8M | -$76.3M |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $5.5M | $4.2M | $6.6M | $6.4M |
| Ativos Totais | $879.5M | $884.2M | $877.2M | $885.3M |
| Passivos Totais | $762.6M | $772.7M | $761.8M | $771.3M |
| Patrimônio Líquido | $120.9M | $115.5M | $119.6M | $118.5M |
| Dívida Total | $642.2M | $651.1M | $644.1M | $658.7M |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | -$16.5M | -$4.0M | $3.9M | $21.1M | -$13.6M | $31.9M | $13.3M | $4.7M | -$16.7M | -$92.2M |
| Depreciação e Amortização | $2.6M | $3.1M | $2.8M | $5.4M | $10.1M | $10.8M | $12.1M | $15.7M | $34.1M | $43.2M |
| Compensação em Ações | $837995 | $1.1M | $1.3M | $1.3M | $1.8M | $3.2M | $4.0M | $5.0M | $6.0M | $5.4M |
| Variação Capital de Giro | $3.8M | $4.5M | -$1.7M | -$538000 | $7.2M | $1.6M | -$4.5M | $7.7M | $24.3M | -$4.1M |
| Fluxo de Caixa Operacional | $2.1M | $6.0M | $6.4M | $8.4M | $431000 | $31.0M | $25.3M | $30.8M | $44.2M | $30.3M |
| CapEx | -$10.6M | -$4.6M | -$4.1M | -$4.4M | -$5.8M | -$11.5M | -$32.6M | -$53.5M | -$71.6M | -$57.6M |
| Aquisições | 0 | 0 | 0 | -$26.0M | 0 | 0 | 0 | 0 | -$369.8M | 0 |
| Recompra de Ações | 0 | 0 | 0 | -$88000 | 0 | -$37000 | -$7.1M | -$7.9M | -$3.2M | -$1.1M |
| Dividendos Pagos | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Fluxo de Caixa Livre | -$8.5M | $1.4M | $2.3M | $4.0M | -$5.4M | $19.5M | -$7.4M | -$22.8M | -$27.4M | -$27.3M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $5.9M | $13.1M | $21.7M | $11.3M |
| CapEx | -$12.0M | -$13.4M | -$9.9M | -$13.1M |
| Fluxo de Caixa Livre | -$6.1M | -$329000 | $11.7M | -$1.8M |
| Dividendos Pagos | 0 | 0 | 0 | 0 |
| Compensação em Ações | $1.2M | $1.1M | $1.1M | $1.1M |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +10.2% | +7.3% | +41.0% | +17.6% | +95.3% | +14.2% | +5.1% | +102.3% | +19.7% |
| Crescimento Lucro Líquido (anual) | | +74.8% | +178.0% | +536.3% | -161.6% | +344.4% | -56.8% | -65.1% | -435.4% | -482.9% |
| Crescimento LPA (anual) | | +74.6% | +170.6% | +508.3% | -160.3% | +329.5% | -58.4% | -64.3% | -846.7% | -261.6% |
| Variação de Ações (anual) | | +1.3% | +10.7% | +5.4% | -2.5% | +16.9% | +0.2% | -4.7% | -3.5% | -0.4% |
| Crescimento FCF (anual) | | +116.2% | +70.1% | +70.9% | -233.8% | +464.1% | -137.8% | -208.6% | -20.2% | +0.3% |
| Margem Bruta | 21.1% | 22.3% | 24.4% | 20.5% | 14.7% | 23.5% | 21.0% | 19.8% | 18.2% | 11.9% |
| Margem Operacional | -8.8% | -2.6% | 6.8% | 10.6% | -9.6% | 7.0% | 5.1% | 2.8% | 1.6% | 5.4% |
| Margem EBITDA | -4.0% | 0.5% | 9.9% | 11.2% | 4.9% | 13.9% | 8.3% | 10.2% | 6.0% | 6.4% |
| Margem Líquida | -23.0% | -5.3% | 3.8% | 17.3% | -9.0% | 11.3% | 4.3% | 1.4% | -2.4% | -11.4% |
| Margem FCF | -11.7% | 1.7% | 2.7% | 3.3% | -3.8% | 7.0% | -2.3% | -6.8% | -4.1% | -3.4% |
| Taxa Efetiva de Imposto | -173.0% | -20.0% | 15.4% | -111.8% | 28.4% | 4.7% | 6.2% | -77.7% | 32.0% | -184.4% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $-0.34 | $0.05 | $0.08 | $0.14 | $-0.19 | $0.58 | $-0.22 | $-0.71 | $-0.88 | $-0.88 |
| Dividendo por Ação | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Ações em Circulação (Básicas) | $25.1M | $25.4M | $27.7M | $28.5M | $28.9M | $31.2M | $32.4M | $31.6M | $31.2M | $31.0M |
O que olhar em empresas de Consumer Cyclical
- Margem operacional média 5a (Média do ciclo) — Olhar a média do ciclo, não o ano atual (pico ou vale).
- Rotatividade de inventário (≥4x/ano) — Retail saudável roda inventário rápido. Uma queda sinaliza fraca procura.
- ROIC médio 5a (≥12%) — Cíclicas com ROIC médio >12% são vencedoras estruturais.
- Dívida líquida / EBITDA (pico) (<3x em vale) — Em cíclicas a dívida mata em recessão.
- Current Ratio (>1,5x) — Aguenta 12-18 meses sem caixa operacional.
- Altman Z-Score (>2,99 seguro) — Modelo de falência — chave em cíclicas sensíveis a recessão.
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | -3.31 | -14.06 | 25.58 | 4.99 | -8.41 | 12.49 | 15.00 | 40.80 | -2.59 | -0.44 |
| P/VP | 6.89 | 8.11 | 6.78 | 3.02 | 4.61 | 6.39 | 2.93 | 2.79 | 0.44 | 0.48 |
| P/V | 0.77 | 0.76 | 0.99 | 0.86 | 0.75 | 1.42 | 0.64 | 0.58 | 0.13 | 0.07 |
| Margem Bruta | 21.1% | 22.3% | 24.4% | 20.5% | 14.7% | 23.5% | 21.0% | 19.8% | 18.2% | 11.9% |
| Margem Operacional | -8.8% | -2.6% | 6.8% | 10.6% | -9.6% | 7.0% | 5.1% | 2.8% | 1.6% | 5.4% |
| Margem Líquida | -23.0% | -5.3% | 3.8% | 17.3% | -9.0% | 11.3% | 4.3% | 1.4% | -2.4% | -11.4% |