FATFAT Brands Inc.

$5M

Q2 2023 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$107M+3.9% YoY

Gross Profit

$47M44.3% margin

Operating Income

$18M17.3% margin

Net Income

-$7M-6.6% margin

EPS (Diluted)

$-0.43

QoQ Revenue Growth

+1.0%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$14M

Stock-Based Comp.

$477,000

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$1.4B

Stockholders' Equity

-$203M

Cash & Equivalents

$31M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$107M	$103M	+3.9%
Gross Profit	$47M	$53M	-10.7%
Operating Income	$18M	$13M	+39.9%
Net Income	-$7M	-$8M	+13.4%

Revenue Segments

Restaurant Sales

$63M59%

Royalty

$23M21%

Factory

$10M9%

Advertising

$10M9%

Product and Service, Other

$1M1%

Franchisor

$763,0001%

Geographic Segments

UNITED STATES

$105M98%

Other Countries

$2M2%

FAT Q2 2023 Earnings — FAT Brands Inc. Revenue & Financial Results | Market Cap Arena