RAVE · Rave Restaurant Group, 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.

Price · RAVE

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$12.04M	$12.15M	$11.89M	$10.69M	$8.59M	$10.03M
Cost of Revenue	-	-	$0	$1.0K	$264.0K	$439.0K
Gross Profit	-	-	$11.89M	$10.69M	$8.33M	$9.59M
R&D	-	-	-	-	-	-
SG&A	$5.21M	$5.27M	$5.49M	$5.45M	$4.71M	$5.50M
Total Operating Expenses	$8.42M	$9.06M	$9.74M	$9.03M	$7.76M	$10.18M
D&A	$182.0K	$219.0K	$214.0K	$187.0K	$167.0K	$186.0K
Operating Income	$3.62M	$3.09M	$2.15M	$2.37M	$1.49M	($155.0K)
Interest Expense	-	-	$1.0K	$61.0K	$92.0K	$95.0K
Income Tax	$918.0K	$619.0K	$537.0K	($5.66M)	($29.0K)	$4.08M
Net Income	$2.70M	$2.47M	$1.61M	$8.02M	$1.52M	($4.23M)
EPS - Basic	$0.19	$0.17	$0.11	$0.45	$0.09	($0.28)
EPS - Diluted	$0.19	$0.17	$0.10	$0.45	$0.09	($0.28)

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$2.86M	$2.89M	$5.33M	$7.72M	$8.33M	$2.97M
Accounts Receivable	$1.17M	$1.41M	$1.15M	$1.98M	$911.0K	$965.0K
Inventory	-	-	-	-	-	$0
Accounts Payable	$207.0K	$359.0K	$502.0K	$669.0K	$644.0K	$446.0K
Current Assets	$11.49M	$9.54M	$6.83M	$10.06M	$10.37M	$4.93M
Total Assets	$16.56M	$15.82M	$14.24M	$18.52M	$13.35M	$9.71M
Current Liabilities	$1.74M	$2.02M	$2.20M	$2.89M	$4.53M	$2.51M
Long-term Debt	-	-	-	-	-	-
Total Liabilities	$2.40M	$3.12M	$3.85M	$5.10M	$7.61M	$9.20M
Stockholders' Equity	$14.15M	$12.70M	$10.39M	$13.41M	$5.73M	$503.0K
Retained Earnings	$7.61M	$4.91M	$2.44M	$826.0K	($7.20M)	($8.72M)

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$3.40M	$2.74M	$2.63M	$1.38M	$1.49M	($360.0K)
Investing Cash Flow	($2.04M)	($4.87M)	($15.0K)	$338.0K	($238.0K)	$67.0K
Financing Cash Flow	($1.39M)	($311.0K)	($5.01M)	($2.33M)	$3.88M	$999.0K
CapEx	$56.0K	$76.0K	$65.0K	$66.0K	$212.0K	$56.0K
Free Cash Flow	$3.34M	$2.66M	$2.56M	$1.32M	$1.27M	($416.0K)

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	-	-	100.0%	100.0%	96.9%	95.6%
Operating margin	30.1%	25.4%	18.1%	22.1%	17.4%	-1.5%
EBITDA margin	31.6%	27.3%	19.9%	23.9%	19.3%	0.3%
Net margin	22.4%	20.4%	13.6%	75.0%	17.7%	-42.2%
Free cash flow margin	27.7%	21.9%	21.6%	12.3%	14.8%	-4.1%
FCF / Net income	1.24	1.08	1.59	0.16	0.84	0.10
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	43.3%	43.3%	46.2%	50.9%	54.8%	54.9%
Effective tax rate	25.4%	20.0%	25.0%	-239.2%	-1.9%	-
Return on assets	16.3%	15.6%	11.3%	43.3%	11.4%	-43.6%
Return on equity	19.1%	19.5%	15.5%	59.8%	26.5%	-841.6%
Return on invested capital	-	-	-	-	-	-
Liquidity
Current ratio	6.61	4.72	3.11	3.48	2.29	1.96
Quick ratio	6.61	4.72	3.11	3.48	2.29	1.96
Cash ratio	1.64	1.43	2.42	2.67	1.84	1.18
Leverage
Debt / Equity	-	-	-	-	-	-
Debt / Assets	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-
Interest coverage	-	-	2150.0x	38.8x	16.2x	-1.6x
Equity multiplier	1.17	1.25	1.37	1.38	2.33	19.29
Liabilities / Assets	0.15	0.20	0.27	0.28	0.57	0.95
Efficiency
Asset turnover	0.73	0.77	0.84	0.58	0.64	1.03
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	36d	42d	35d	68d	39d	35d
Days inventory outstanding	-	-	-	-	-	0d
Days payable outstanding	-	-	-	244185d	890d	371d
Cash conversion cycle	-	-	-	-	-	-336d
Valuation
P / E	14.5x	11.6x	20.2x	2.4x	15.8x	-
P / B	2.8x	2.3x	3.1x	1.4x	4.5x	27.1x
P / S	3.3x	2.4x	2.7x	1.8x	3.0x	1.4x
EV / EBITDA	9.8x	7.9x	11.3x	4.4x	10.5x	343.9x
Growth
Revenue growth (YoY)	-0.9%	2.2%	11.2%	24.4%	-14.3%	-18.6%
Revenue CAGR (3y)	4.0%	12.2%	5.8%	-4.6%	-17.2%	-44.9%
Revenue CAGR (5y)	3.7%	-0.3%	-4.7%	-29.2%	-32.4%	-26.9%
Gross profit growth (YoY)	-	-	11.2%	28.4%	-13.1%	-14.4%
Operating income growth (YoY)	17.1%	43.8%	-9.1%	58.6%	-	80.6%
Net income growth (YoY)	9.3%	53.3%	-79.9%	427.8%	-	-464.4%
EPS growth (YoY)	11.8%	70.0%	-77.8%	400.0%	-	-460.0%
EPS CAGR (3y)	-25.0%	23.6%	-	-	-11.5%	-
EPS CAGR (5y)	-	-	-5.1%	-	-	-
FCF growth (YoY)	25.3%	3.9%	94.5%	3.5%	-	-
FCF CAGR (5y)	-	35.7%	-	-	-	-
Book value growth (YoY)	11.4%	22.2%	-22.5%	133.9%	1039.8%	-88.7%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-06-29.

Business segments

$12.04M total

Pizza Inn Franchising$10.79M · 89.6%

Pie Five Franchising$1.20M · 9.9%

Corporate Administration And Other$53.0K · 0.4%

Product / service

$12.04M total

Supplier And Distributor Incentive Revenues$4.94M · 41.0%

Franchise Royalties$4.62M · 38.4%

Advertising Funds$2.03M · 16.9%

Supplier Convention Funds$217.0K · 1.8%

Franchise License Fees$153.0K · 1.3%

Rental Income$53.0K · 0.4%

Area Development Exclusivity Fees And Foreign Master License Fees$13.0K · 0.1%

Other Revenues$12.0K · 0.1%

Geographic

$12.04M total

US$11.79M · 97.9%

Foreign Countries$248.0K · 2.1%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

4.69

Safe

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

6/9

Neutral

✓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: Wholesale-Groceries & Related Products

Company	Revenue (last FY)	Net margin	ROE
DPZ	$4.94B	12.2%	-15.4%
USFD	$39.42B	1.7%	15.7%
SYY	$81.37B	2.2%	99.9%
HFFG	$270.58M	-14.4%	-19.2%
WTER	$63.78M	-43.0%	513.5%

Comparing RAVE RESTAURANT GROUP against the 5 most active filers in the same SIC group.

Dividends

$0.00/share trailing 12 months

Ex-date	Per share
Oct 4, 2000	$0.0600
Jul 5, 2000	$0.0600
Apr 5, 2000	$0.0600
Jan 5, 2000	$0.0600