---
title: "Fat Brands Pref Share FATBP 8.25 12/31/49 | 8-K: FY2025 Q2 Revenue: USD 146.84 M"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/250854841.md"
published_at: "2025-07-30T20:13:58.000Z"
---

# Fat Brands Pref Share FATBP 8.25 12/31/49 | 8-K: 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.

EBIT: As of FY2025 Q2, the actual value is USD -5.98 M.

### Segment Revenue

-   **Total Revenue**: $146.8 million, a decrease of 3.4% from $152.0 million in the fiscal second quarter of 2024.
-   **Royalties**: $22.2 million, down from $23.3 million in the previous year.
-   **Restaurant Sales**: $102.4 million, compared to $107.4 million in the prior year.
-   **Advertising Fees**: $9.7 million, a decrease from $10.1 million in the previous year.
-   **Factory Revenues**: $10.3 million, up from $9.6 million in the prior year.
-   **Franchise Fees**: $1.1 million, slightly up from $1.1 million in the previous year.
-   **Other Revenue**: $1.2 million, compared to $0.5 million in the prior year.

### Operational Metrics

-   **Net Loss**: $54.2 million, or $3.17 per diluted share, compared to $39.4 million, or $2.43 per diluted share, in the fiscal second quarter of 2024.
-   **Negative EBITDA**: - $6.0 million compared to EBITDA of $6.8 million in the fiscal second quarter of 2024.
-   **Adjusted EBITDA**: $15.7 million, consistent with the previous year.
-   **Adjusted Net Loss**: $49.0 million, or $2.88 per diluted share, compared to $30.9 million, or $1.93 per diluted share, in the fiscal second quarter of 2024.
-   **Loss from Operations**: -$15.6 million in Q2 2025, compared to -$2.7 million in Q2 2024.

### Cash Flow

-   **Interest Expense**: $39.4 million, up from $34.0 million in the previous year.

### Unique Metrics

-   **General and Administrative Expense**: Increased by 50.3% to $44.4 million, primarily due to increased share-based compensation expense.
-   **Cost of Restaurant and Factory Revenues**: Decreased by 2.1% to $98.1 million.
-   **Advertising Expenses**: Decreased by $3.1 million to $11.5 million.
-   **System-Wide Sales**: $592.2 million in Q2 2025, down from $614.7 million in Q2 2024.
-   **Same-Store Sales Decline**: -3.9% system-wide in Q2 2025.

### Outlook / Guidance

-   FAT Brands is focused on expanding its manufacturing capacity and pursuing strategic partnerships to broaden brand reach and strengthen manufacturing capabilities.
-   The company aims to achieve cash flow positive status in the coming quarters through various financial strategies, including bondholder agreements and refinancing efforts.
-   A development deal in Florida is set to open 40 additional Fatburger locations over the next decade.
-   The company plans to accelerate the build-out of a 1,000+ unit new store pipeline and drive adjusted EBITDA growth by approximately $10 million from new stores and $5 million from factory operations.
-   FAT Brands aims to maintain strong liquidity and continue building net asset value for future liquidity events, such as debt reduction.
-   The company intends to grow factory production to utilize approximately 60% excess capacity through expanded organic channels and third-party dough and mix manufacturing.

### Related Stocks

- [FATBP.US - Fat Brands Pref Share FATBP 8.25 12/31/49](https://longbridge.com/en/quote/FATBP.US.md)
- [FATPQ.US - FAT BRANDS INC 8.25% CUM PREF STK SER B](https://longbridge.com/en/quote/FATPQ.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| HOT GFG LLC Reports Disposal of FAT Brands Inc. Common Shares | HOT GFG LLC has reported the disposal of common shares of FAT Brands Inc. The filing was made by multiple reporting pers | [Link](https://longbridge.com/en/news/274693721.md) |
| Nasdaq Delists FAT Brands Inc. Following Chapter 11 Bankruptcy Filing | FAT Brands Inc. is set to be delisted from the Nasdaq following its Chapter 11 bankruptcy filing. The Nasdaq's decision  | [Link](https://longbridge.com/en/news/274296448.md) |
| Fatburger owner files for bankruptcy over high debt, legal woes | FAT Brands, owner of restaurant chains like Fatburger and Johnny Rockets, filed for bankruptcy in Houston due to high de | [Link](https://longbridge.com/en/news/273890023.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.