NASDAQ : RAVE
Rave Restaurant Group, Inc. — Financial statements
Consumer Discretionary · Restaurants · United States
Last price 2.09 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 29.70M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Rave Restaurant Group, Inc. (RAVE) reported revenue of 12.91M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 12.91M | 12.91M | 12.04M | 12.15M | 11.89M | 10.69M |
| Cost of Revenue | 3.36M | 3.36M | 3.40M | 3.66M | 3.96M | 3.29M |
| Gross Profit | 9.55M | 9.55M | 8.64M | 8.49M | 7.93M | 7.41M |
| Selling, General & Admin | 5.90M | 5.90M | 5.23M | 5.28M | 5.49M | 5.45M |
| Operating Expenses | 6.07M | 6.07M | 5.39M | 5.57M | 5.78M | 5.68M |
| Operating Income | 3.47M | 3.47M | 3.25M | 2.93M | 2.16M | 1.73M |
| Interest Expense | -1.00K | -61.00K | ||||
| Interest & Investment Income | 391.00K | 391.00K | 354.00K | 153.00K | ||
| Other Non Operating Income (Expenses) | 19.00K | 19.00K | 19.00K | 10.00K | ||
| EBT Excluding Unusual Items | 3.88M | 3.88M | 3.62M | 3.09M | 2.15M | 1.67M |
| Asset Writedown | -5.00K | -6.00K | ||||
| Other Unusual Items | 704.00K | |||||
| Pretax Income | 3.88M | 3.88M | 3.62M | 3.09M | 2.15M | 2.37M |
| Income Tax Expense | 1.01M | 1.01M | 918.00K | 619.00K | 537.00K | -5.66M |
| Earnings From Continuing Operations | 2.88M | 2.88M | 2.70M | 2.47M | 1.61M | 8.02M |
| Net Income | 2.88M | 2.88M | 2.70M | 2.47M | 1.61M | 8.02M |
| Net Income to Common | 2.88M | 2.88M | 2.70M | 2.47M | 1.61M | 8.02M |
| Shares Outstanding (Basic) | 14.21M | 14.21M | 14.50M | 14.45M | 15.32M | 17.99M |
| Shares Outstanding (Diluted) | 14.30M | 14.30M | 14.56M | 14.63M | 15.91M | 17.99M |
| EPS (Basic) | 0.20 | 0.20 | 0.19 | 0.17 | 0.11 | 0.45 |
| EPS (Diluted) | 0.20 | 0.20 | 0.19 | 0.17 | 0.10 | 0.45 |
| Free Cash Flow | 3.50M | 3.50M | 3.32M | 2.77M | 2.78M | 1.32M |
| Free Cash Flow Per Share | 0.24 | 0.24 | 0.23 | 0.19 | 0.17 | 0.07 |
| Gross Margin | 73.94% | 73.94% | 71.78% | 69.91% | 66.73% | 69.28% |
| Operating Margin | 26.91% | 26.91% | 26.97% | 24.11% | 18.13% | 16.16% |
| Profit Margin | 22.29% | 22.29% | 22.44% | 20.35% | 13.57% | 75.03% |
| Free Cash Flow Margin | 27.10% | 27.10% | 27.58% | 22.79% | 23.35% | 12.33% |
| EBITDA | 3.64M | 3.64M | 3.43M | 3.15M | 2.37M | 1.92M |
| EBITDA Margin | 28.20% | 28.20% | 28.48% | 25.91% | 19.93% | 17.91% |
| D&A For EBITDA | 167.00K | 167.00K | 182.00K | 219.00K | 214.00K | 187.00K |
| EBIT | 3.47M | 3.47M | 3.25M | 2.93M | 2.16M | 1.73M |
| EBIT Margin | 26.91% | 26.91% | 26.97% | 24.11% | 18.13% | 16.16% |
| Effective Tax Rate | 25.90% | 25.90% | 25.36% | 20.02% | 24.98% |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.12M | 1.12M | 2.86M | 2.89M | 5.33M | 7.72M |
| Short-Term Investments | 12.49M | 12.49M | 7.02M | 4.95M | ||
| Cash & Short-Term Investments | 13.61M | 13.61M | 9.88M | 7.83M | 5.33M | 7.72M |
| Accounts Receivable | 1.45M | 1.45M | 1.17M | 1.41M | 1.15M | 1.98M |
| Receivables | 1.48M | 1.48M | 1.22M | 1.48M | 1.25M | 2.15M |
| Prepaid Expenses | 613.00K | 613.00K | 335.00K | 167.00K | 204.00K | 146.00K |
| Other Current Assets | 57.00K | 57.00K | 59.00K | 59.00K | 52.00K | 36.00K |
| Total Current Assets | 15.76M | 15.76M | 11.49M | 9.54M | 6.83M | 10.06M |
| Property, Plant & Equipment | 278.00K | 278.00K | 626.00K | 999.00K | 1.49M | 2.03M |
| Other Intangible Assets | 100.00K | 100.00K | 182.00K | 252.00K | 328.00K | 232.00K |
| Long-Term Deferred Tax Assets | 3.10M | 3.10M | 4.00M | 4.76M | 5.34M | 5.77M |
| Long-Term Deferred Charges | 251.00K | 251.00K | 186.00K | 197.00K | 220.00K | 224.00K |
| Total Assets | 19.54M | 19.54M | 16.56M | 15.82M | 14.24M | 18.52M |
| Accounts Payable | 203.00K | 203.00K | 207.00K | 359.00K | 502.00K | 669.00K |
| Accrued Expenses | 933.00K | 933.00K | 855.00K | 915.00K | 890.00K | 1.08M |
| Short-Term Debt | 30.00K | |||||
| Current Portion of Leases | 193.00K | 193.00K | 370.00K | 402.00K | 464.00K | 490.00K |
| Current Unearned Revenue | 364.00K | 364.00K | 308.00K | 343.00K | 342.00K | 538.00K |
| Other Current Liabilities | 81.00K | |||||
| Total Current Liabilities | 1.69M | 1.69M | 1.74M | 2.02M | 2.20M | 2.89M |
| Long-Term Leases | 12.00K | 12.00K | 206.00K | 555.00K | 958.00K | 1.42M |
| Long-Term Unearned Revenue | 501.00K | 501.00K | 457.00K | 543.00K | 690.00K | 793.00K |
| Total Liabilities | 2.21M | 2.21M | 2.40M | 3.12M | 3.85M | 5.10M |
| Common Stock | 256.00K | 256.00K | 256.00K | 255.00K | 251.00K | 251.00K |
| Additional Paid-In Capital | 37.81M | 37.81M | 37.52M | 37.56M | 37.73M | 37.38M |
| Retained Earnings | 10.49M | 10.49M | 7.61M | 4.91M | 2.44M | 826.00K |
| Treasury Stock | -31.23M | -31.23M | -31.23M | -30.03M | -30.03M | -25.05M |
| Shareholders' Equity | 17.33M | 17.33M | 14.15M | 12.70M | 10.39M | 13.41M |
| Total Liabilities & Equity | 19.54M | 19.54M | 16.56M | 15.82M | 14.24M | 18.52M |
| Total Debt | 205.00K | 205.00K | 576.00K | 957.00K | 1.42M | 1.94M |
| Net Cash (Debt) | 13.40M | 13.40M | 9.31M | 6.87M | 3.91M | 5.78M |
| Net Cash Per Share | 0.94 | 0.94 | 0.64 | 0.47 | 0.25 | 0.32 |
| Filing Date Shares Outstanding | 14.21M | 14.21M | 14.21M | 14.59M | 14.15M | 16.40M |
| Total Common Shares Outstanding | 14.21M | 14.21M | 14.21M | 14.59M | 14.15M | 17.51M |
| Working Capital | 14.07M | 14.07M | 9.75M | 7.52M | 4.64M | 7.17M |
| Book Value Per Share | 1.22 | 1.22 | 1.00 | 0.87 | 0.73 | 0.77 |
| Tangible Book Value | 17.23M | 17.23M | 13.97M | 12.45M | 10.06M | 13.18M |
| Tangible Book Value Per Share | 1.21 | 1.21 | 0.98 | 0.85 | 0.71 | 0.75 |
| Machinery | 1.28M | 1.28M | 1.23M | 1.17M | 1.11M | 1.08M |
| Leasehold Improvements | 471.00K | 471.00K | 472.00K | 472.00K | 472.00K | 472.00K |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 2.88M | 2.88M | 2.70M | 2.47M | 1.61M | 8.02M |
| Depreciation & Amortization | 480.00K | 480.00K | 534.00K | 629.00K | 719.00K | 608.00K |
| Other Amortization | 21.00K | |||||
| Asset Writedown & Restructuring Costs | 5.00K | 6.00K | ||||
| Loss (Gain) From Sale of Investments | -219.00K | -219.00K | -115.00K | -50.00K | ||
| Stock-Based Compensation | 298.00K | 298.00K | 136.00K | 149.00K | 345.00K | 169.00K |
| Provision & Write-off of Bad Debts | 7.00K | 7.00K | -21.00K | 69.00K | 73.00K | 46.00K |
| Other Operating Activities | 902.00K | 902.00K | 785.00K | 632.00K | 430.00K | -5.77M |
| Change in Accounts Receivable | -282.00K | -282.00K | 261.00K | -335.00K | 763.00K | -1.12M |
| Change in Accounts Payable | -4.00K | -4.00K | -152.00K | -143.00K | -167.00K | 25.00K |
| Change in Unearned Revenue | 100.00K | 100.00K | -121.00K | -146.00K | -299.00K | -465.00K |
| Change in Other Net Operating Assets | -608.00K | -608.00K | -614.00K | -433.00K | -641.00K | -160.00K |
| Operating Cash Flow | 3.55M | 3.55M | 3.40M | 2.85M | 2.84M | 1.38M |
| Capital Expenditures | -53.00K | -53.00K | -75.00K | -76.00K | -65.00K | -66.00K |
| Sale of Property, Plant & Equipment | 9.00K | 9.00K | 14.00K | 3.00K | 7.00K | |
| Sale (Purchase) of Intangibles | -11.00K | -8.00K | -169.00K | -96.00K | ||
| Investment in Securities | -5.24M | -5.24M | -1.96M | -4.89M | ||
| Other Investing Activities | 500.00K | |||||
| Investing Cash Flow | -5.29M | -5.29M | -2.04M | -4.98M | -227.00K | 338.00K |
| Short-Term Debt Repaid | -30.00K | -220.00K | ||||
| Long-Term Debt Repaid | -1.60M | |||||
| Total Debt Repaid | -30.00K | -1.82M | ||||
| Net Debt Issued (Repaid) | -30.00K | -1.82M | ||||
| Repurchase of Common Stock | -1.20M | -4.98M | -512.00K | |||
| Other Financing Activities | -182.00K | -311.00K | ||||
| Financing Cash Flow | -1.39M | -311.00K | -5.01M | -2.33M | ||
| Net Cash Flow | -1.74M | -1.74M | -27.00K | -2.44M | -2.40M | -607.00K |
| Free Cash Flow | 3.50M | 3.50M | 3.32M | 2.77M | 2.78M | 1.32M |
| Free Cash Flow Margin | 27.10% | 27.10% | 27.58% | 22.79% | 23.35% | 12.33% |
| Free Cash Flow Per Share | 0.24 | 0.24 | 0.23 | 0.19 | 0.17 | 0.07 |
| Levered Free Cash Flow | 2.48M | 2.48M | 2.46M | 2.21M | 2.37M | 1.52M |
| Unlevered Free Cash Flow | 2.48M | 2.48M | 2.46M | 2.21M | 2.37M | 1.53M |
| Cash Interest Paid | 1.00K | 64.00K | ||||
| Cash Income Tax Paid | 117.00K | 117.00K | 122.00K | 5.00K | 87.00K | 31.00K |
| Change in Working Capital | -794.00K | -794.00K | -626.00K | -1.06M | -344.00K | -1.72M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 29.70M | 48.60M | 37.38M | 28.88M | 26.61M | 19.09M |
| Enterprise Value | 16.30M | 36.90M | 29.32M | 23.63M | 24.29M | 13.94M |
| Last Close Price | 2.09 | 3.42 | 2.63 | 1.98 | 1.88 | 1.06 |
| PE Ratio | 10.45 | 16.89 | 13.83 | 11.68 | 16.50 | 2.38 |
| Forward PE | 79.50 | 79.50 | 79.50 | 79.50 | 79.50 | |
| PS Ratio | 2.30 | 3.77 | 3.10 | 2.38 | 2.24 | 1.78 |
| PB Ratio | 1.71 | 2.81 | 2.64 | 2.27 | 2.56 | 1.42 |
| P/TBV Ratio | 1.72 | 2.82 | 2.67 | 2.32 | 2.64 | 1.45 |
| P/FCF Ratio | 8.49 | 13.89 | 11.26 | 10.43 | 9.59 | 14.48 |
| P/OCF Ratio | 8.36 | 13.68 | 11.01 | 10.15 | 9.37 | 13.79 |
| PEG Ratio | 48.80 | 48.80 | 48.80 | 48.80 | 48.80 | |
| EV/Sales Ratio | 1.26 | 2.86 | 2.44 | 1.95 | 2.04 | 1.30 |
| EV/EBITDA Ratio | 4.48 | 10.13 | 8.55 | 7.51 | 10.25 | 7.28 |
| EV/EBIT Ratio | 4.69 | 10.62 | 9.03 | 8.07 | 11.27 | 8.07 |
| EV/FCF Ratio | 4.66 | 10.55 | 8.83 | 8.53 | 8.75 | 10.57 |
| Debt / Equity Ratio | 0.01 | 0.01 | 0.04 | 0.07 | 0.14 | 0.14 |
| Debt / EBITDA Ratio | 0.05 | 0.05 | 0.15 | 0.28 | 0.53 | 0.87 |
| Debt / FCF Ratio | 0.06 | 0.06 | 0.17 | 0.35 | 0.51 | 1.47 |
| Net Debt / Equity Ratio | -0.77 | -0.77 | -0.66 | -0.54 | -0.38 | -0.43 |
| Net Debt / EBITDA Ratio | -3.68 | -3.68 | -2.71 | -2.18 | -1.65 | -3.02 |
| Net Debt / FCF Ratio | -3.83 | -3.83 | -2.80 | -2.48 | -1.41 | -4.39 |
| Asset Turnover | 0.71 | 0.71 | 0.74 | 0.81 | 0.73 | 0.67 |
| Quick Ratio | 8.89 | 8.89 | 6.35 | 4.58 | 2.94 | 3.36 |
| Current Ratio | 9.31 | 9.31 | 6.61 | 4.72 | 3.11 | 3.48 |
| Return on Equity (ROE) | 18.28% | 18.28% | 20.12% | 21.42% | 13.55% | 83.80% |
| Return on Assets (ROA) | 12.03% | 12.03% | 12.54% | 12.18% | 8.23% | 6.78% |
| Return on Invested Capital (ROIC) | 59.38% | 58.69% | 45.41% | 38.05% | 22.92% | 37.42% |
| Return on Capital Employed (ROCE) | 19.50% | 19.50% | 21.90% | 21.20% | 17.90% | 11.10% |
| Earnings Yield | 9.57% | 5.92% | 7.23% | 8.56% | 6.06% | 42.03% |
| FCF Yield | 11.78% | 7.20% | 8.88% | 9.59% | 10.43% | 6.91% |
| Buyback Yield / Dilution | 1.76% | 1.76% | 0.47% | 8.05% | 11.57% | 0.62% |