BTBD · Bt Brands, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $13.49M | $14.82M | $14.08M | $8.45M | $8.16M | $7.05M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $1.46M | $1.69M | $1.65M | $416.8K | $687.5K | $492.4K |
| Total Operating Expenses | $13.85M | $16.66M | $15.15M | $7.47M | $7.63M | $6.81M |
| D&A | $648.7K | $742.9K | $598.5K | $189.4K | $189.4K | $1.7K |
| Operating Income | ($364.6K) | ($1.83M) | ($1.07M) | $922.0K | $529.4K | $240.8K |
| Interest Expense | $81.6K | $99.9K | $97.6K | $172.9K | $177.8K | ($177.0K) |
| Income Tax | $0 | $206.0K | $145.0K | $200.0K | $130.0K | ($13.7K) |
| Net Income | ($687.8K) | ($887.4K) | ($887.4K) | $607.9K | $792.0K | $20.8K |
| EPS - Basic | - | - | - | - | - | - |
| EPS - Diluted | ($0.11) | ($0.37) | - | - | - | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $846.2K | $1.95M | $5.30M | $12.39M | $663.5K | $663.5K |
| Accounts Receivable | $54.5K | $69.5K | $28.7K | $72.3K | $19.0K | $20.2K |
| Inventory | $230.4K | $272.6K | $201.3K | $79.5K | $60.6K | $58.6K |
| Accounts Payable | $245.2K | $612.1K | $555.2K | $292.0K | $270.5K | $288.7K |
| Current Assets | $5.90M | $5.00M | $7.23M | $12.56M | $1.41M | $790.5K |
| Total Assets | $10.75M | $12.00M | $14.61M | $14.51M | $3.39M | $3.26M |
| Current Liabilities | $1.22M | $1.44M | $1.55M | $925.3K | $1.03M | $731.8K |
| Long-term Debt | $1.90M | $2.09M | $2.27M | $2.83M | $2.94M | $3.52M |
| Total Liabilities | $4.33M | $5.03M | $5.42M | $3.88M | $4.09M | $4.31M |
| Stockholders' Equity | $6.42M | $6.97M | $9.19M | $10.63M | ($702.3K) | ($1.52M) |
| Retained Earnings | ($5.05M) | ($4.36M) | ($2.05M) | ($600.2K) | ($1.21M) | ($1.90M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $284.9K | ($723.5K) | ($258.8K) | $814.0K | $1.40M | $49.1K |
| Investing Cash Flow | ($1.06M) | ($2.18M) | $4.71M | ($207.9K) | $24.6K | $216.6K |
| Financing Cash Flow | ($329.7K) | ($440.8K) | ($1.30M) | $10.46M | ($359.0K) | $156.8K |
| CapEx | $172.9K | $494.1K | $488.4K | $207.9K | $154.4K | ($66.7K) |
| Free Cash Flow | $112.0K | ($1.22M) | ($747.2K) | $606.0K | $1.24M | $115.8K |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | -2.7% | -12.4% | -7.6% | 10.9% | 6.5% | 3.4% |
| EBITDA margin | 2.1% | -7.3% | -3.4% | 13.1% | 8.8% | 3.4% |
| Net margin | -5.1% | -6.0% | -6.3% | 7.2% | 9.7% | 0.3% |
| Free cash flow margin | 0.8% | -8.2% | -5.3% | 7.2% | 15.2% | 1.6% |
| FCF / Net income | -0.16 | 1.37 | 0.84 | 1.00 | 1.57 | 5.56 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 10.9% | 11.4% | 11.7% | 4.9% | 8.4% | 7.0% |
| Effective tax rate | - | - | - | 24.8% | 14.1% | -193.9% |
| Return on assets | -6.4% | -7.4% | -6.1% | 4.2% | 23.4% | 0.6% |
| Return on equity | -10.7% | -12.7% | -9.7% | 5.7% | -112.8% | -1.4% |
| Return on invested capital | -3.5% | -16.0% | -7.4% | 5.2% | 20.3% | 12.1% |
| Liquidity | ||||||
| Current ratio | 4.84 | 3.46 | 4.66 | 13.58 | 1.36 | 1.08 |
| Quick ratio | 4.65 | 3.28 | 4.53 | 13.49 | 1.30 | 1.00 |
| Cash ratio | 0.69 | 1.35 | 3.42 | 13.39 | 0.64 | 0.91 |
| Leverage | ||||||
| Debt / Equity | 0.30 | 0.30 | 0.25 | 0.27 | -4.18 | -2.31 |
| Debt / Assets | 0.18 | 0.17 | 0.16 | 0.20 | 0.87 | 1.08 |
| Debt / EBITDA | 6.69 | - | - | 2.55 | 4.09 | 14.50 |
| Interest coverage | -4.5x | -18.3x | -11.0x | 5.3x | 3.0x | -1.4x |
| Equity multiplier | 1.67 | 1.72 | 1.59 | 1.36 | -4.83 | -2.14 |
| Liabilities / Assets | 0.40 | 0.42 | 0.37 | 0.27 | 1.21 | 1.32 |
| Efficiency | ||||||
| Asset turnover | 1.26 | 1.24 | 0.96 | 0.58 | 2.41 | 2.16 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 1d | 2d | 1d | 3d | 1d | 1d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | 1.3x | 1.3x | - | - | - | - |
| P / S | 0.6x | 0.6x | - | - | - | - |
| EV / EBITDA | 33.8x | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -9.0% | 5.3% | 66.6% | 3.6% | - | - |
| Revenue CAGR (3y) | 16.9% | 22.0% | - | 6.2% | - | - |
| Revenue CAGR (5y) | - | 16.0% | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 80.1% | -70.8% | - | 74.2% | - | - |
| Net income growth (YoY) | 22.5% | 0.0% | - | -23.3% | - | - |
| EPS growth (YoY) | 70.3% | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | -63.0% | - | -51.2% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -7.9% | -24.2% | -13.5% | - | - | - |
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.68
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✗Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Retail-Eating Places
Comparing BT Brands against the 5 most active filers in the same SIC group.