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Income Statement (USD)
| Q1 '24 | QoQ | |
|---|---|---|
| Revenue | 34M | 22.5% |
| Gross Profit | 12M | 157.3% |
| Cost of Revenue | 21M | 6% |
| Operating expense | 5.6M | 0.4% |
| Net Income | 3.9M | 50% |
Balance Sheet (USD)
| Q1 '24 | QoQ | |
|---|---|---|
| Total Assets | 49M | 13.9% |
| Total Liabilities | 82M | 5% |
| Shares Outstanding | 4.1M | 0% |
Cash Flow (USD)
| Q1 '24 | QoQ | |
|---|---|---|
| Cash from operations | 6.4M | 187.3% |
| Cash from investing | -70,000 | 5.4% |
| Cash from financing | -2M | 90.9% |
EPS
Financial Highlights for Nathan's Famous in Q1 '24
Nathan's Famous reported a revenue of 34M, which is a 22.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 12M, marking a 157.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 21M, a -6% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 5.6M, showing a -0.4% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 3.9M, showing a 50% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
It was a positive quarter for Nathan's Famous with growth in revenue, gross profit, and net income. A decline in EBITDA signals potential operational challenges or increased costs.