FAT Q3 2024 Earnings — FAT Brands Inc. Revenue & Financial Results | Market Cap Arena

FATFAT Brands Inc.

$5M

Q3 2024 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$143M+31.1% YoY

Gross Profit

$37M25.5% margin

Operating Income

-$9M-6.2% margin

Net Income

-$45M-31.2% margin

EPS (Diluted)

$-2.74

QoQ Revenue Growth

-5.7%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$11M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$1.7B

Stockholders' Equity

-$386M

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$143M	$109M	+31.1%
Gross Profit	$37M	$39M	-5.2%
Operating Income	-$9M	$7M	-233.4%
Net Income	-$45M	-$25M	-81.5%

Revenue Segments

Restaurant Sales

$99M69%

Royalty

$22M16%

Advertising

$10M7%

Factory

$9M7%

Franchisor

$3M2%

Geographic Segments

UNITED STATES

$141M98%

Other Countries

$3M2%