Fat Brands Pref Share FATBP 8.25 12/31/49 | 10-Q: 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 19.74 M.

Royalties: $21.582 million for the thirteen weeks ended September 28, 2025, compared to $22.353 million for the same period in 2024. For the thirty-nine weeks ended September 28, 2025, royalties were $65.524 million, compared to $67.618 million in 2024.
Restaurant Sales: $96.643 million for the thirteen weeks ended September 28, 2025, compared to $99.238 million for the same period in 2024. For the thirty-nine weeks ended September 28, 2025, restaurant sales were $298.446 million, compared to $312.587 million in 2024.
Advertising Fees: $9.143 million for the thirteen weeks ended September 28, 2025, compared to $9.708 million for the same period in 2024. For the thirty-nine weeks ended September 28, 2025, advertising fees were $28.573 million, compared to $29.569 million in 2024.
Factory Revenues: $9.649 million for the thirteen weeks ended September 28, 2025, compared to $9.490 million for the same period in 2024. For the thirty-nine weeks ended September 28, 2025, factory revenues were $28.711 million, compared to $28.599 million in 2024.
Franchise Fees: $1.503 million for the thirteen weeks ended September 28, 2025, compared to $2.576 million for the same period in 2024. For the thirty-nine weeks ended September 28, 2025, franchise fees were $3.817 million, compared to $5.170 million in 2024.

Net Loss: The net loss for the thirteen weeks ended September 28, 2025, was $59.455 million, compared to $44.755 million for the same period in 2024. For the thirty-nine weeks ended September 28, 2025, the net loss was $161.135 million, compared to $122.430 million in 2024.
General and Administrative Expense: $42.665 million for the thirteen weeks ended September 28, 2025, compared to $34.481 million for the same period in 2024. For the thirty-nine weeks ended September 28, 2025, general and administrative expenses were $120.125 million, compared to $94.044 million in 2024.
Cost of Restaurant and Factory Revenues: $94.613 million for the thirteen weeks ended September 28, 2025, compared to $96.792 million for the same period in 2024. For the thirty-nine weeks ended September 28, 2025, these costs were $288.760 million, compared to $295.955 million in 2024.
Depreciation and Amortization: $7.909 million for the thirteen weeks ended September 28, 2025, compared to $10.736 million for the same period in 2024. For the thirty-nine weeks ended September 28, 2025, depreciation and amortization were $26.682 million, compared to $31.176 million in 2024.

Net Cash Used in Operating Activities: - $54.672 million for the thirty-nine weeks ended September 28, 2025, compared to - $45.836 million for the same period in 2024.
Net Cash Used in Investing Activities: - $4.724 million for the thirty-nine weeks ended September 28, 2025, compared to - $25.963 million for the same period in 2024.
Net Cash Provided by Financing Activities: $14.665 million for the thirty-nine weeks ended September 28, 2025, compared to $46.640 million for the same period in 2024.

Core Business Focus: The company is focused on expanding its franchise locations and acquiring new restaurant concepts. However, the company is facing significant financial challenges, including defaults under its Securitization Notes, which could lead to accelerated debt repayment and potential bankruptcy proceedings if not resolved.
Non-Core Business: The company is involved in ongoing discussions with noteholders regarding potential refinancing or restructuring of its debt, but there is no assurance that an agreement will be reached.