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    Orchid Wealth • Orchid Wealth

    Orchid Wealth is a financial analyst and founder at Orchid Wealth, specializing in personalized wealth management and financial planning for a diverse clientele. The firm provides advisory services centered on comprehensive portfolio construction, retirement planning, and responsible investing strategies, with a focus on optimizing returns relative to client objectives rather than coverage of individual public companies or issuing stock recommendations. Orchid Wealth has consistently delivered strong client retention and satisfaction metrics, helping clients achieve long-term investment goals through disciplined, fee-only advisory services. With a background in advanced financial planning and industry credentials such as CFP certification, Orchid Wealth leverages years of industry experience and a fiduciary commitment to deliver results-driven portfolio management and strategic wealth-building solutions.

    Orchid Wealth's questions to RCI Hospitality Holdings Inc (RICK) leadership

    Orchid Wealth's questions to RCI Hospitality Holdings Inc (RICK) leadership • Q3 2025

    Question

    An analyst from Orchid Wealth inquired about the potential value of non-performing real estate available for sale, the estimated net cash proceeds after debt repayment, and how to model the company's new self-insurance program expenses.

    Answer

    Eric Langan, Chairman, CEO & President, estimated the value of saleable real estate at approximately $28 million. He detailed that one major property has minimal debt, while others would likely yield 40-45% in cash after servicing debt. Regarding the self-insurance, Langan explained that the expense is currently unpredictable as it's based on fluctuating actuarial estimates, noting a $9.4 million year-to-date charge. He expressed hope that establishing a captive insurance company would soon create more predictable costs.

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