FAT Brands - B | 10-Q: FY2025 Q2 Revenue: USD 146.84 M

Revenue: As of FY2025 Q2, the actual value is USD 146.84 M.

EPS: As of FY2025 Q2, the actual value is USD -3.17.

Segment Revenue

• Royalties: $43.9 million for the twenty-six weeks ended June 29, 2025, compared to $45.3 million for the same period in 2024.
• Restaurant Sales: $201.8 million for the twenty-six weeks ended June 29, 2025, compared to $213.3 million for the same period in 2024.
• Advertising Fees: $19.4 million for the twenty-six weeks ended June 29, 2025, compared to $19.8 million for the same period in 2024.
• Factory Revenues: $19.1 million for the twenty-six weeks ended June 29, 2025, compared to $19.1 million for the same period in 2024.
• Franchise Fees: $2.3 million for the twenty-six weeks ended June 29, 2025, compared to $2.6 million for the same period in 2024.

Operational Metrics

• Net Loss: - $101.7 million for the twenty-six weeks ended June 29, 2025, compared to - $77.7 million for the same period in 2024.
• General and Administrative Expense: $77.5 million for the twenty-six weeks ended June 29, 2025, compared to $59.6 million for the same period in 2024.
• Cost of Restaurant and Factory Revenues: $194.1 million for the twenty-six weeks ended June 29, 2025, compared to $199.2 million for the same period in 2024.
• Depreciation and Amortization: $18.8 million for the twenty-six weeks ended June 29, 2025, compared to $20.4 million for the same period in 2024.

Cash Flow

• Net Cash Used in Operating Activities: - $40.1 million for the twenty-six weeks ended June 29, 2025, compared to - $42.6 million for the same period in 2024.
• Net Cash Used in Investing Activities: - $2.4 million for the twenty-six weeks ended June 29, 2025, compared to - $18.2 million for the same period in 2024.
• Net Cash Provided by Financing Activities: $19.1 million for the twenty-six weeks ended June 29, 2025, compared to $42.0 million for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company plans to continue its strategy of expanding its franchise footprint and acquiring new brands, leveraging its scalable management platform to minimize incremental corporate overhead costs.
• Non-Core Business: The company is involved in a worldwide expansion of franchise locations, which will require significant liquidity primarily from franchisees. The company may also acquire additional restaurant concepts, which typically require capital investments beyond normal cash on hand.