FAT Q3 2023 Earnings — FAT Brands Inc. Revenue & Financial Results | Market Cap Arena

FATFAT Brands Inc.

$5M

Q3 2023 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$109M+6.0% YoY

Gross Profit

$39M35.2% margin

Operating Income

$7M6.1% margin

Net Income

-$25M-22.5% margin

EPS (Diluted)

$-1.59

QoQ Revenue Growth

+2.4%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$8M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$1.5B

Stockholders' Equity

-$229M

Cash & Equivalents

$88M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$109M	$103M	+6.0%
Gross Profit	$39M	$37M	+4.7%
Operating Income	$7M	$1M	+554.2%
Net Income	-$25M	-$23M	-5.2%

Revenue Segments

Restaurant Sales

$63M57%

Royalty

$24M22%

Advertising

$10M9%

Factory

$9M9%

Franchisor

$2M2%

Product and Service, Other

$1M1%

Geographic Segments

UNITED STATES

$106M97%

Other Countries

$3M3%