secwatch.observer — SEC 8-K summary
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Issuer:     ONE Group Hospitality, Inc. (STKS)
CIK:        0001399520
Form:       8-K
Filed at:   2022-03-14T23:59:59+00:00
Accession:  0001558370-22-003495
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

The ONE Group reports record Q4 revenue $84.1M; turns to net income of $5.8M
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- Q4 total GAAP revenues $84.1M (+86.8% YoY); GAAP net income $5.8M vs loss of $4.5M.
- FY2021 total revenues $277.2M (+95.3% YoY); GAAP net income $31.3M vs loss of $12.8M.
- Adjusted EBITDA Q4 $13.3M (+220.6%); FY $42.7M (+346.7%).
- Q1 2022 revenue target raised to $69.0M-$70.2M; G&A ~$6.5M.
- Plans to open at least 9 new venues in 2022 (6 STK/F&B, 3-5 Kona Grills).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1399520/000155837022003495/0001558370-22-003495-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1399520/000155837022003495/stks-20220314x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-003495

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer