<span item_type="fundamental" item_id="e19c43254c54415bb1dca815eb9f587d" counter_id="ST/US/BTBDW" env="prod"></span><span item_type="announcement" item_id="516099234708521729" env="prod"></span><p>Revenue: As of FY2025 Q1, the actual value is USD 3.231 M.</p><p>EPS: As of FY2025 Q1, the actual value is USD -0.05.</p><p>EBIT: As of FY2025 Q1, the actual value is USD -292.2 K.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Total Sales</strong>: $3,231,073 for the 13 weeks ended March 30, 2025, compared to $3,190,147 for the same period in 2024, reflecting an increase due to sales at most locations and the acquisition of Schnitzel Haus, offset by closures.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1718224/000147793225003689/btbd_10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Loss</strong>: - $329,849 for the 13 weeks ended March 30, 2025, compared to - $445,700 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1718224/000147793225003689/btbd_10q.htm"></span></li><li><strong>Loss from Operations</strong>: - $292,196 for the 13 weeks ended March 30, 2025, compared to - $630,829 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1718224/000147793225003689/btbd_10q.htm"></span></li><li><strong>Restaurant Operating Expenses</strong>: Decreased to 90.2% of sales in 2025 from 100.5% in 2024, due to selective price increases and cost-cutting measures.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1718224/000147793225003689/btbd_10q.htm"></span></li><li><strong>Labor Costs</strong>: Decreased to 37.7% of sales in 2025 from 43.5% in 2024, due to improved labor cost controls and closure of high-cost locations.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1718224/000147793225003689/btbd_10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Operating Cash Flow</strong>: - $306,739 for the 13 weeks ended March 30, 2025, impacted by seasonal patterns.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1718224/000147793225003689/btbd_10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Restaurant-level EBITDA</strong>: $315,233 for the 13 weeks ended March 30, 2025, compared to - $15,672 for the same period in 2024, indicating improved profitability at the restaurant level.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1718224/000147793225003689/btbd_10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company plans to continue implementing new initiatives for Burger Time, such as third-party delivery, which is expected to contribute to future sales growth.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1718224/000147793225003689/btbd_10q.htm"></span></li><li><strong>Non-Core Business</strong>: The company is assessing alternatives for the Ham Lake location, including a potential sale, which could result in a gain on the sale of assets.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1718224/000147793225003689/btbd_10q.htm"></span></li></ul>

BT BRANDS INC C/WTS 12/11/2026 (TO PUR COM) | 10-Q: FY2025 Q1 Revenue: USD 3.231 M