FAT Q1 2023 Earnings — FAT Brands Inc. Revenue & Financial Results | Market Cap Arena

FATFAT Brands Inc.

$5M

Q1 2023 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$106M+8.5% YoY

Gross Profit

$36M34.1% margin

Operating Income

$387,0000.4% margin

Net Income

-$32M-30.4% margin

EPS (Diluted)

$-2.05

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

-$12M

Free Cash Flow

-$14M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$1.4B

Stockholders' Equity

-$194M

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$106M	$97M	+8.5%
Gross Profit	$36M	$32M	+11.5%
Operating Income	$387,000	$485,000	-20.2%
Net Income	-$32M	-$24M	-35.2%

Revenue Segments

Restaurant Sales

$63M59%

Royalty

$22M21%

Advertising

$9M9%

Factory

$9M9%

Product and Service, Other

$1M1%

Franchisor

$802,0001%

Geographic Segments

UNITED STATES

$103M97%

Other Countries

$3M3%