BHBiglari Holdings Inc.

$997M

Q3 2022 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$92M+12.1% YoY

Gross Profit

$38M41.5% margin

Operating Income

$23M24.7% margin

Net Income

$32M34.8% margin

EPS (Diluted)

$21.83

QoQ Revenue Growth

-0.4%

Cash Flow

Operating Cash Flow

$66M

Free Cash Flow

$59M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$862M

Total Liabilities

$317M

Stockholders' Equity

$536M

Cash & Equivalents

$65M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$92M	$82M	+12.1%
Gross Profit	$38M	$27M	+42.6%
Operating Income	$23M	$10M	+129.6%
Net Income	$32M	-$11M	+400.0%

Revenue Segments

Oil and Gas

$14M88%

Media And Licensing

$2M12%

BH Q3 2022 Earnings — Biglari Holdings Inc. Revenue & Financial Results | Market Cap Arena