Company profile

Ticker
SFEF
Exchange
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
IRS number
952452529

Calendar

18 Jun 20
10 Jul 20
30 Jun 21

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 11.34M 14.98M 15.51M 14.69M
Net income -1.59M 267K 711K 2.82M
Diluted EPS -0.89 0.09 0.29 2.24
Net profit margin -14.06% 1.78% 4.58% 19.21%
Operating income 187K 2.3M 3.21M 2.71M
Net change in cash -728K -3.27M 164K 673K
Cash on hand 5.96M 6.69M 9.96M 9.8M
Cost of revenue 48K
Annual (USD) Jun 19 Jun 18 Jun 17 Jun 16
Revenue 60.21M 57.43M 54.67M 58.99M
Net income 4.26M 3.42M -979K -6.79M
Diluted EPS 2.62 1.2 -0.95 -3.99
Net profit margin 7.08% 5.95% -1.79% -11.51%
Operating income 11.89M 18.8M 9.37M 2.08M
Net change in cash 2.15M 377K 3.87M 2.25M
Cash on hand 9.8M 7.65M 7.27M 3.4M
Cost of revenue 218K 193K 182K

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
19 Jun 20 Intergroup COMMON STOCK Buy Aquire P No 29.2 500 14.6K 1,121,170
24 Mar 20 Intergroup COMMON STOCK Buy Aquire P No 32.25 400 12.9K 1,120,670
1 Oct 19 Intergroup COMMON STOCK Buy Aquire P No 39 600 23.4K 1,022,770
27 Sep 19 Intergroup COMMON STOCK Buy Aquire P No 37.5 300 11.25K 1,022,170
18 Sep 19 Intergroup COMMON STOCK Buy Aquire P No 37 500 18.5K 1,021,870

Financial report summary

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Management Discussion
  • The Company’s principal source of revenue continues to be derived from the investment of its 68.8% owned subsidiary, Portsmouth, in the Justice Investors Limited Partnership (“Justice” or the “Partnership”) inclusive of hotel room revenue, food and beverage revenue, garage revenue, and revenue from other operating departments. The Company also generates income from its investments in multi-family real estate properties and from investment of its cash and securities assets. Justice owns the Hotel and related facilities, including a five-level underground parking garage. The financial statements of Justice have been consolidated with those of the Company.
  • The Hotel is operated by the Partnership as a full-service Hilton brand hotel pursuant to a Franchise License Agreement (the “License Agreement”) with Hilton. The Partnership entered into the License Agreement on December 10, 2004. The term of the License Agreement was for an initial period of 15 years commencing on the opening date, with an option to extend the License Agreement for another five years, subject to certain conditions. On June 26, 2015, the Partnership and Hilton entered into an amended franchise agreement which extended the License Agreement through 2030, modified the monthly royalty rate, extended geographic protection to the Partnership and also provided the Partnership certain key money cash incentives to be earned through 2030. The key money cash incentives were received on July 1, 2015.
  • On February 1, 2017, Justice entered into a Hotel management agreement (“HMA”) with Interstate Management Company, LLC (“Interstate”) to manage the Hotel and related facilities with an effective takeover date of February 3, 2017. The term of HMA is for an initial period of ten years commencing on the takeover date and automatically renews for an additional year not to exceed five years in aggregate subject to certain conditions. The HMA also provides for Interstate to advance a key money incentive fee to the Hotel for capital improvements in the amount of $2,000,000 under certain terms and conditions described in a separate key money agreement.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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Registration and prospectus

No filings