FAT Q2 2024 Earnings — FAT Brands Inc. Revenue & Financial Results | Market Cap Arena

FATFAT Brands Inc.

$5M

Q2 2024 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$152M+42.4% YoY

Gross Profit

$52M34.2% margin

Operating Income

-$3M-1.8% margin

Net Income

-$39M-25.9% margin

EPS (Diluted)

$-2.43

QoQ Revenue Growth

+0.0%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$24M

Stock-Based Comp.

$700,000

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$1.7B

Stockholders' Equity

-$339M

Cash & Equivalents

$57M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$152M	$107M	+42.4%
Gross Profit	$52M	$47M	+9.9%
Operating Income	-$3M	$18M	-114.6%
Net Income	-$39M	-$7M	-455.1%

Revenue Segments

Restaurant Sales

$107M71%

Royalty

$23M15%

Advertising

$10M7%

Factory

$10M6%

Franchisor

$1M1%

Product and Service, Other

$498,0000%

Geographic Segments

UNITED STATES

$150M98%

Other Countries

$2M2%