---
title: "Fat Brands Pref Share FATBP 8.25 12/31/49 | 8-K: FY2025 Q3 Revenue: USD 140.01 M"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/264500081.md"
published_at: "2025-11-05T21:25:11.000Z"
---

# Fat Brands Pref Share FATBP 8.25 12/31/49 | 8-K: FY2025 Q3 Revenue: USD 140.01 M

Revenue: As of FY2025 Q3, the actual value is USD 140.01 M.

EPS: As of FY2025 Q3, the actual value is USD -3.39.

EBIT: As of FY2025 Q3, the actual value is USD -15.6 M.

### Segment Revenue

-   **Royalties**: $21.6 million for Q3 2025, down from $22.4 million in Q3 2024.
-   **Restaurant Sales**: $96.6 million for Q3 2025, down from $99.2 million in Q3 2024.
-   **Advertising Fees**: $9.1 million for Q3 2025, down from $9.7 million in Q3 2024.
-   **Factory Revenues**: $9.6 million for Q3 2025, slightly up from $9.5 million in Q3 2024.
-   **Franchise Fees**: $1.5 million for Q3 2025, down from $2.6 million in Q3 2024.
-   **Other Revenue**: $1.5 million for Q3 2025, with no comparable figure for Q3 2024.

### Operational Metrics

-   **Net Loss**: $58.2 million for Q3 2025, compared to $44.8 million in Q3 2024.
-   **Negative EBITDA**: -$7.7 million for Q3 2025, compared to positive $1.7 million in Q3 2024.
-   **Adjusted EBITDA**: $13.1 million for Q3 2025, down from $14.1 million in Q3 2024.
-   **Loss from Operations**: $17.4 million for Q3 2025, compared to $8.8 million in Q3 2024.

### Cash Flow

-   **Dividend Pause**: Preserving $35-$40 million in annual cash flow.
-   **Interest Expense**: $41.5 million for Q3 2025, compared to $35.5 million in Q3 2024.

### Unique Metrics

-   **Co-Branding Initiatives**: The first dual-branded Round Table Pizza and Fatburger location in California has more than doubled weekly sales and transactions compared to its prior standalone format.
-   **System-Wide Sales**: $567.5 million for Q3 2025, compared to $600.7 million in Q3 2024, reflecting a decline.
-   **Same-Store Sales Decline**: -3.5% system-wide.

### Outlook / Guidance

-   FAT Brands is focused on strategic expansion with approximately 900 committed locations expected to contribute $50-$60 million in incremental EBITDA once fully operational.
-   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.

### 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)

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