FAT Q4 2023 Earnings — FAT Brands Inc. Revenue & Financial Results | Market Cap Arena

FATFAT Brands Inc.

$5M

Q4 2023 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$159M+52.8% YoY

Gross Profit

$87M55.0% margin

Operating Income

-$3M-2.0% margin

Net Income

-$26M-16.5% margin

EPS (Diluted)

$-1.68

QoQ Revenue Growth

+45.1%

Cash Flow

Operating Cash Flow

-$13M

Free Cash Flow

-$21M

Stock-Based Comp.

$947,000

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$1.6B

Stockholders' Equity

-$256M

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$159M	$104M	+52.8%
Gross Profit	$87M	$75M	+16.2%
Operating Income	-$3M	-$33M	+90.4%
Net Income	-$26M	-$71M	+62.9%

Revenue Segments

Restaurant Sales

$111M70%

Royalty

$25M16%

Advertising

$11M7%

Factory

$10M6%

Product and Service, Other

$1M1%

Franchisor

$937,0001%

Geographic Segments

Other Countries

$3M100%