View Future GrowthBT Brands 과거 순이익 실적과거 기준 점검 0/6BT Brands 의 수입은 연평균 -59.2%의 비율로 감소해 온 반면, Hospitality 산업은 연평균 37.5%의 비율로 증가했습니다. 매출은 연평균 12.3%의 비율로 증가해 왔습니다.핵심 정보-59.16%순이익 성장률-62.14%주당순이익(EPS) 성장률Hospitality 산업 성장률19.52%매출 성장률12.32%자기자본이익률-10.72%순이익률-5.10%최근 순이익 업데이트28 Dec 2025최근 과거 실적 업데이트Reported Earnings • Apr 02Full year 2025 earnings released: US$0.11 loss per share (vs US$0.37 loss in FY 2024)Full year 2025 results: US$0.11 loss per share (improved from US$0.37 loss in FY 2024). Revenue: US$13.5m (down 9.0% from FY 2024). Net loss: US$687.8k (loss narrowed 70% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Reported Earnings • May 15First quarter 2025 earnings released: US$0.054 loss per share (vs US$0.071 loss in 1Q 2024)First quarter 2025 results: US$0.054 loss per share (improved from US$0.071 loss in 1Q 2024). Revenue: US$3.23m (up 1.3% from 1Q 2024). Net loss: US$329.8k (loss narrowed 26% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 01Full year 2024 earnings released: US$0.37 loss per share (vs US$0.14 loss in FY 2023)Full year 2024 results: US$0.37 loss per share (further deteriorated from US$0.14 loss in FY 2023). Revenue: US$14.8m (up 5.3% from FY 2023). Net loss: US$2.31m (loss widened 161% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 16Third quarter 2024 earnings released: US$0.036 loss per share (vs US$0.001 loss in 3Q 2023)Third quarter 2024 results: US$0.036 loss per share (further deteriorated from US$0.001 loss in 3Q 2023). Revenue: US$4.35m (up 8.5% from 3Q 2023). Net loss: US$219.5k (loss widened US$216.0k from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 16Second quarter 2024 earnings released: US$0.011 loss per share (vs US$0.037 loss in 2Q 2023)Second quarter 2024 results: US$0.011 loss per share (improved from US$0.037 loss in 2Q 2023). Revenue: US$4.11m (up 2.8% from 2Q 2023). Net loss: US$70.0k (loss narrowed 70% from 2Q 2023).Reported Earnings • May 17First quarter 2024 earnings released: US$0.071 loss per share (vs US$0.023 loss in 1Q 2023)First quarter 2024 results: US$0.071 loss per share (further deteriorated from US$0.023 loss in 1Q 2023). Revenue: US$3.19m (up 3.9% from 1Q 2023). Net loss: US$445.7k (loss widened 214% from 1Q 2023).모든 업데이트 보기Recent updates공지 • May 08Aero Velocity INC. cancelled the acquisition of BT Brands, Inc. (NasdaqCM:BTBD) in a reverse merger transaction.Aero Velocity INC. entered into a definitive merger agreement to acquire BT Brands, Inc. (NasdaqCM:BTBD) in a reverse merger transaction for $0.02 million on September 2, 2025. Upon the closing of the proposed transactions, Aero Velocity’s stockholders are expected to own approximately 89% of the combined company, and existing BT Brands stockholders are expected to own approximately 11% of the combined company. Upon the closing of the proposed transactions, the combined company is expected to be renamed “Aero Velocity Inc.” and trade on the Nasdaq Capital Market. Mark Hastings will serve as CEO of the combined company. In case of termination BT Brands will pay Aero Velocity $3.5 million. The transaction has been unanimously approved by the board of directors of both companies and is subject to approvals by the stockholders of each company and other customary closing conditions, Effectiveness of registration statement, all approvals with any Governmental Authority, HSR act approval, employee agreements, listing approvals, Execution of ancillary agreements. The transaction is expected to close in the fourth quarter of 2025 or first quarter of 2026. Maxim Group is serving as financial advisor and William P. Ruffa of Ruffa & Ruffa, P.C. is serving as legal counsel to BT Brands. Chardan Capital Markets is serving as financial advisor and Jeffrey M. Gallant and David Alan Miller of Graubard Miller is serving as legal counsel to Aero Velocity. Continental Stock Transfer & Trust Company acted as transfer agent to BT Brands. Aero Velocity INC. cancelled the acquisition of BT Brands, Inc. (NasdaqCM:BTBD) in a reverse merger transaction on May 7, 2026. The merger agreement was terminated upon expiration of the contractual term set forth in the Merger Agreement, as the registration statement relating to the proposed transaction was required to be declared effective by the U.S. Securities and Exchange Commission by April 30, 2026. The termination was effected in accordance with the terms of the merger agreement.New Risk • Apr 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 59% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$10.9m market cap).Reported Earnings • Apr 02Full year 2025 earnings released: US$0.11 loss per share (vs US$0.37 loss in FY 2024)Full year 2025 results: US$0.11 loss per share (improved from US$0.37 loss in FY 2024). Revenue: US$13.5m (down 9.0% from FY 2024). Net loss: US$687.8k (loss narrowed 70% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.New Risk • Mar 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 65% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (US$11.4m market cap).공지 • Jan 23BT Brands, Inc. Receives Non-Compliance Written Notice from the Listing Qualifications Department of the Nasdaq Stock Market LLCOn January 14, 2026, BT Brands, Inc. received written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5620(a), due to the Company’s failure to hold an annual meeting of shareholders for the fiscal year ended December 31, 2024. The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities on the Nasdaq Capital Market. The Notice states that the Company has until March 2, 2026 to submit a plan to regain compliance with Listing Rule 5620(a). The Company intends to submit a plan to regain compliance with Listing Rule 5620(a) within the required timeframe. If Nasdaq accepts the Company’s plan, Nasdaq may grant the Company an extension of up to 180 calendar days from the fiscal year end, or until June 29, 2026, to evidence compliance with Listing Rule 5620(a). If Nasdaq does not accept the Company’s plan, the Company will have the opportunity to appeal the decision in front of a Nasdaq Hearings Panel. The Company advises investors that, on December 31, 2025, it filed a registration statement on Form S-4 (the “Registration Statement”), which includes a proxy statement soliciting stockholder votes at a special meeting of stockholders (the “Special Meeting”). The Special Meeting will be held to consider, among other things, approval of an Agreement and Plan of Merger (the “Merger Agreement”) among the Company, Aero Velocity, Inc. (“Aero”), and Aero Merger Sub, Inc., a wholly owned subsidiary of the Company, providing for a business combination between the Company and Aero, and to elect five directors to serve until the Company’s next annual meeting of stockholders and until their respective successors are duly elected and qualified. The Company expects to hold the Special Meeting promptly following the declaration of effectiveness of the Registration Statement by the staff of the Securities and Exchange Commission. The Merger Agreement provides that, if the Special Meeting is not held and the matters to be submitted to stockholders are not approved by April 30, 2026, the parties may terminate the Merger Agreement. If the Merger Agreement is terminated, the Company expects to call an annual meeting of stockholders at which stockholders will be asked to elect directors promptly thereafter.공지 • Nov 13BT Brands, Inc. announced delayed 10-Q filingOn 11/12/2025, BT Brands, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.공지 • Sep 03Aero Velocity INC. entered into a definitive merger agreement to acquire BT Brands, Inc. (NasdaqCM:BTBD) in a reverse merger transaction.Aero Velocity INC. entered into a definitive merger agreement to acquire BT Brands, Inc. (NasdaqCM:BTBD) in a reverse merger transaction on September 3, 2025. Upon the closing of the proposed transactions, Aero Velocity’s stockholders are expected to own approximately 89% of the combined company, and existing BT Brands stockholders are expected to own approximately 11% of the combined company. Upon the closing of the proposed transactions, the combined company is expected to be renamed “Aero Velocity Inc.” and trade on the Nasdaq Capital Market. Mark Hastings will serve as CEO of the combined company. The transaction has been unanimously approved by the board of directors of both companies and is subject to approvals by the stockholders of each company and other customary closing conditions. The transaction is expected to close in the fourth quarter of 2025 or first quarter of 2026. Maxim Group is serving as financial advisor and Ruffa & Ruffa, P.C. is serving as legal counsel to BT Brands. Chardan Capital Markets is serving as financial advisor and Graubard Miller is serving as legal counsel to Aero Velocity.공지 • Aug 16BT Brands, Inc. announced delayed 10-Q filingOn 08/15/2025, BT Brands, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.분석 기사 • Aug 03BT Brands, Inc. (NASDAQ:BTBD) Stock Rockets 26% But Many Are Still Ignoring The CompanyDespite an already strong run, BT Brands, Inc. ( NASDAQ:BTBD ) shares have been powering on, with a gain of 26% in the...분석 기사 • Jul 29Is BT Brands (NASDAQ:BTBD) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • May 22BT Brands, Inc.'s (NASDAQ:BTBD) Shares Leap 29% Yet They're Still Not Telling The Full StoryBT Brands, Inc. ( NASDAQ:BTBD ) shareholders are no doubt pleased to see that the share price has bounced 29% in the...Reported Earnings • May 15First quarter 2025 earnings released: US$0.054 loss per share (vs US$0.071 loss in 1Q 2024)First quarter 2025 results: US$0.054 loss per share (improved from US$0.071 loss in 1Q 2024). Revenue: US$3.23m (up 1.3% from 1Q 2024). Net loss: US$329.8k (loss narrowed 26% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 01Full year 2024 earnings released: US$0.37 loss per share (vs US$0.14 loss in FY 2023)Full year 2024 results: US$0.37 loss per share (further deteriorated from US$0.14 loss in FY 2023). Revenue: US$14.8m (up 5.3% from FY 2023). Net loss: US$2.31m (loss widened 161% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.분석 기사 • Mar 19Slammed 25% BT Brands, Inc. (NASDAQ:BTBD) Screens Well Here But There Might Be A CatchBT Brands, Inc. ( NASDAQ:BTBD ) shares have had a horrible month, losing 25% after a relatively good period beforehand...분석 기사 • Jan 31BT Brands, Inc. (NASDAQ:BTBD) Soars 29% But It's A Story Of Risk Vs RewardBT Brands, Inc. ( NASDAQ:BTBD ) shares have had a really impressive month, gaining 29% after a shaky period beforehand...분석 기사 • Nov 16Is BT Brands (NASDAQ:BTBD) Weighed On By Its Debt Load?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Nov 16Third quarter 2024 earnings released: US$0.036 loss per share (vs US$0.001 loss in 3Q 2023)Third quarter 2024 results: US$0.036 loss per share (further deteriorated from US$0.001 loss in 3Q 2023). Revenue: US$4.35m (up 8.5% from 3Q 2023). Net loss: US$219.5k (loss widened US$216.0k from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.공지 • Oct 30BT Brands, Inc., Annual General Meeting, Dec 06, 2024BT Brands, Inc., Annual General Meeting, Dec 06, 2024. Location: second floor conference room, 10501 wayzata boulevard south, minnesota 55303., minnetonka, United States분석 기사 • Sep 07Market Might Still Lack Some Conviction On BT Brands, Inc. (NASDAQ:BTBD) Even After 29% Share Price BoostBT Brands, Inc. ( NASDAQ:BTBD ) shares have had a really impressive month, gaining 29% after a shaky period beforehand...Reported Earnings • Aug 16Second quarter 2024 earnings released: US$0.011 loss per share (vs US$0.037 loss in 2Q 2023)Second quarter 2024 results: US$0.011 loss per share (improved from US$0.037 loss in 2Q 2023). Revenue: US$4.11m (up 2.8% from 2Q 2023). Net loss: US$70.0k (loss narrowed 70% from 2Q 2023).분석 기사 • Jun 29A Piece Of The Puzzle Missing From BT Brands, Inc.'s (NASDAQ:BTBD) 27% Share Price ClimbBT Brands, Inc. ( NASDAQ:BTBD ) shareholders are no doubt pleased to see that the share price has bounced 27% in the...Reported Earnings • May 17First quarter 2024 earnings released: US$0.071 loss per share (vs US$0.023 loss in 1Q 2023)First quarter 2024 results: US$0.071 loss per share (further deteriorated from US$0.023 loss in 1Q 2023). Revenue: US$3.19m (up 3.9% from 1Q 2023). Net loss: US$445.7k (loss widened 214% from 1Q 2023).분석 기사 • May 14BT Brands, Inc. (NASDAQ:BTBD) Stock's 27% Dive Might Signal An Opportunity But It Requires Some ScrutinyUnfortunately for some shareholders, the BT Brands, Inc. ( NASDAQ:BTBD ) share price has dived 27% in the last thirty...New Risk • Apr 07New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.87m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Market cap is less than US$10m (US$9.87m market cap). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change).Reported Earnings • Apr 02Full year 2023 earnings released: US$0.14 loss per share (vs US$0.087 loss in FY 2022)Full year 2023 results: US$0.14 loss per share (further deteriorated from US$0.087 loss in FY 2022). Revenue: US$14.1m (up 12% from FY 2022). Net loss: US$887.4k (loss widened 58% from FY 2022).공지 • Mar 29BT Brands, Inc. to Report Q4, 2023 Results on Mar 28, 2024BT Brands, Inc. announced that they will report Q4, 2023 results After-Market on Mar 28, 2024분석 기사 • Mar 02Not Many Are Piling Into BT Brands, Inc. (NASDAQ:BTBD) Just YetBT Brands, Inc.'s ( NASDAQ:BTBD ) price-to-sales (or "P/S") ratio of 0.8x might make it look like a buy right now...공지 • Dec 29BT Brands, Inc., Annual General Meeting, Feb 16, 2024BT Brands, Inc., Annual General Meeting, Feb 16, 2024, at 15:00 Central Standard Time. Location: Second Floor Conference Room at 10501 Wayzata Boulevard South Minnetonka Minnesota United States Agenda: To consider to elect five directors to hold office until our next annual meeting of stockholders and until their respective successors are elected and qualified; to ratify the appointment of Boulay, PLLP as independent registered public accounting firm for fiscal year ending December 31, 2023; to transact other business that may properly come before the annual meeting or any adjournments or postponements thereof.New Risk • Nov 24New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.68m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 21% per year over the past 5 years. Market cap is less than US$10m (US$9.68m market cap). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change).Reported Earnings • Nov 17Third quarter 2023 earnings released: US$0.061 loss per share (vs US$0.027 loss in 3Q 2022)Third quarter 2023 results: US$0.061 loss per share (further deteriorated from US$0.027 loss in 3Q 2022). Revenue: US$11.1m (up 175% from 3Q 2022). Net loss: US$379.0k (loss widened 117% from 3Q 2022).Reported Earnings • Aug 18Second quarter 2023 earnings released: US$0.037 loss per share (vs US$0.014 loss in 2Q 2022)Second quarter 2023 results: US$0.037 loss per share (further deteriorated from US$0.014 loss in 2Q 2022). Revenue: US$4.00m (up 14% from 2Q 2022). Net loss: US$233.7k (loss widened 153% from 2Q 2022).Reported Earnings • May 18First quarter 2023 earnings released: US$0.023 loss per share (vs US$0.007 profit in 1Q 2022)First quarter 2023 results: US$0.023 loss per share (down from US$0.007 profit in 1Q 2022). Revenue: US$3.07m (up 48% from 1Q 2022). Net loss: US$141.8k (down 432% from profit in 1Q 2022).Reported Earnings • Apr 19Full year 2022 earnings released: US$0.087 loss per share (vs US$0.14 profit in FY 2021)Full year 2022 results: US$0.087 loss per share (down from US$0.14 profit in FY 2021). Revenue: US$12.6m (up 49% from FY 2021). Net loss: US$562.3k (down 193% from profit in FY 2021).분석 기사 • Apr 17BT Brands (NASDAQ:BTBD) Might Be Having Difficulty Using Its Capital EffectivelyThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...공지 • Nov 23BT Brands, Inc., Annual General Meeting, Dec 29, 2022BT Brands, Inc., Annual General Meeting, Dec 29, 2022, at 15:00 Central Standard Time. Location: Second Floor Conference Room at 10501 Wayzata Boulevard South, Minnetonka, Minnesota 55303 Minnesota United States Agenda: To elect the five director nominees described in the accompanying proxy statement for a term of one year (the “director election proposal”); to ratify the audit committee’s selection of boulay pllp as our independent registered public accounting firm for the fiscal year ending January 1, 2023 (the “auditor proposal”); to approve an amendment to the company’s 2019 incentive plan (the “2019 plan”) to increase the number of shares available for issuance under the plan from 250,000 shares of common stock to 1,000,000 shares of common stock (the “2019 plan proposal”); to transact any other business that is properly presented at the annual meeting or any adjournments or postponements of the annual meeting.Reported Earnings • Nov 17Third quarter 2022 earnings released: US$0.027 loss per share (vs US$0.058 profit in 3Q 2021)Third quarter 2022 results: US$0.027 loss per share (down from US$0.058 profit in 3Q 2021). Revenue: US$4.02m (up 76% from 3Q 2021). Net loss: US$174.9k (down 174% from profit in 3Q 2021).Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. COO, CFO, Principal Accounting Officer & Chairman Kenneth Brimmer was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improved over the past weekAfter last week's 20% share price gain to US$2.39, the stock trades at a trailing P/E ratio of 73.3x. Average trailing P/E is 19x in the Hospitality industry in the US.Reported Earnings • Aug 17Second quarter 2022 earnings released: US$0.014 loss per share (vs US$0.053 profit in 2Q 2021)Second quarter 2022 results: US$0.014 loss per share (down from US$0.053 profit in 2Q 2021). Revenue: US$3.52m (up 48% from 2Q 2021). Net loss: US$92.3k (down 143% from profit in 2Q 2021).Seeking Alpha • Aug 16BT Brands GAAP EPS of -$0.01, revenue of $3.5MBT Brands press release (NASDAQ:BTBD): Q2 GAAP EPS of -$0.01. Revenue of $3.5M (+47.1% Y/Y).공지 • Aug 05BT Brands, Inc. (NasdaqCM:BTBD) acquired Von Stephan Village Bier Garten for $0.69 million.BT Brands, Inc. (NasdaqCM:BTBD) acquired Von Stephan Village Bier Garten for $0.69 million on August 04, 2022. BT Brands, Inc. (NasdaqCM:BTBD) completed the acquisition of Von Stephan Village Bier Garten on August 04, 2022.Valuation Update With 7 Day Price Move • Jul 22Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to US$2.14, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 19x in the Hospitality industry in the US.공지 • Jun 03BT Brands, Inc. (NasdaqCM:BTBD) acquired a 41.4% stake in Bagger Dave's Burger Tavern, Inc. (OTCPK:BDVB) from Michael Ansley, founder and Chief Executive Officer of Bagger Dave's Burger Tavern, Inc. for $1.3 million.BT Brands, Inc. (NasdaqCM:BTBD) acquired a 41.4% stake in Bagger Dave's Burger Tavern, Inc. (OTCPK:BDVB) from Michael Ansley, founder and Chief Executive Officer of Bagger Dave's Burger Tavern, Inc. for $1.3 million on June 2, 2022. BT Brands, Inc. (NasdaqCM:BTBD) completed the acquisition of a 41.4% stake in Bagger Dave's Burger Tavern, Inc. (OTCPK:BDVB) from Michael Ansley, founder and Chief Executive Officer of Bagger Dave's Burger Tavern, Inc. on June 2, 2022.Valuation Update With 7 Day Price Move • May 31Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$2.66, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 18x in the Hospitality industry in the US.Reported Earnings • May 19First quarter 2022 earnings released: EPS: US$0.007 (vs US$0.033 in 1Q 2021)First quarter 2022 results: EPS: US$0.007 (down from US$0.033 in 1Q 2021). Revenue: US$2.07m (up 6.8% from 1Q 2021). Net income: US$42.7k (down 68% from 1Q 2021). Profit margin: 2.1% (down from 7.0% in 1Q 2021). The decrease in margin was driven by higher expenses.공지 • May 13BT Brands, Inc. (NasdaqCM:BTBD) acquired Pie in the Sky Coffee and Bakery.BT Brands, Inc. (NasdaqCM:BTBD) acquired Pie in the Sky Coffee and Bakery on May 12, 2022. BT Brands, Inc. (NasdaqCM:BTBD) completed the acquisition of Pie in the Sky Coffee and Bakery on May 12, 2022.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. COO, CFO, Principal Accounting Officer & Chairman Kenneth Brimmer was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$2.30, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 19x in the Hospitality industry in the US.Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$0.14 (down from US$0.20 in FY 2020). Revenue: US$8.45m (up 3.6% from FY 2020). Net income: US$607.9k (down 23% from FY 2020). Profit margin: 7.2% (down from 9.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates.Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improved over the past weekAfter last week's 15% share price gain to US$2.34, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 19x in the Hospitality industry in the US.Valuation Update With 7 Day Price Move • Feb 17Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to US$2.10, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 23x in the Hospitality industry in the US.분석 기사 • Feb 16BT Brands, Inc.'s (NASDAQ:BTBD) Stock Retreats 30% But Earnings Haven't Escaped The Attention Of InvestorsTo the annoyance of some shareholders, BT Brands, Inc. ( NASDAQ:BTBD ) shares are down a considerable 30% in the last...분석 기사 • Feb 16BT Brands, Inc. (NASDAQ:BTBD) Shares Slammed 30% But Getting In Cheap Might Be Difficult RegardlessUnfortunately for some shareholders, the BT Brands, Inc. ( NASDAQ:BTBD ) share price has dived 30% in the last thirty...Valuation Update With 7 Day Price Move • Jan 21Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to US$2.47, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 25x in the Hospitality industry in the US.Valuation Update With 7 Day Price Move • Jan 06Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to US$2.96, the stock trades at a trailing P/E ratio of 34.1x. Average trailing P/E is 27x in the Hospitality industry in the US.Valuation Update With 7 Day Price Move • Dec 21Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to US$3.81, the stock trades at a trailing P/E ratio of 43.9x. Average trailing P/E is 23x in the Hospitality industry in the US.Reported Earnings • Nov 19Third quarter 2021 earnings released: EPS US$0.058 (vs US$0.063 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: US$2.28m (down 3.9% from 3Q 2020). Net income: US$235.8k (down 7.2% from 3Q 2020). Profit margin: 10% (in line with 3Q 2020).Reported Earnings • Nov 19Third quarter 2021 earnings released: EPS US$0.058 (vs US$0.063 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: US$2.28m (down 3.9% from 3Q 2020). Net income: US$235.8k (down 7.2% from 3Q 2020). Profit margin: 10% (in line with 3Q 2020).Board Change • Nov 15No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). COO, CFO, Principal Accounting Officer & Chairman Kenneth Brimmer was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.매출 및 비용 세부 내역BT Brands가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NasdaqCM:BTBD 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비28 Dec 2513-11028 Sep 2514-12029 Jun 2515-22030 Mar 2515-22029 Dec 2415-22029 Sep 2415-12030 Jun 2414-12031 Mar 2414-12031 Dec 2314-12001 Oct 2314-12002 Jul 2314-12002 Apr 2314-12001 Jan 2313-12002 Oct 221101003 Jul 221001003 Apr 22911002 Jan 22810003 Oct 21911004 Jul 21911004 Apr 21911003 Jan 21811027 Sep 20711028 Jun 20700029 Mar 20600029 Dec 19601029 Sep 19701030 Jun 19701031 Mar 19700030 Dec 18700031 Dec 177010양질의 수익: BTBD 은(는) 현재 수익성이 없습니다.이익 마진 증가: BTBD는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: BTBD은 수익성이 없으며 지난 5년 동안 손실이 연평균 59.2% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 BTBD의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: BTBD은 수익성이 없어 지난 해 수익 성장률을 Hospitality 업계(18.5%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: BTBD는 현재 수익성이 없으므로 자본 수익률이 음수(-10.72%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YConsumer-services 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/11 18:07종가2026/05/08 00:00수익2025/12/28연간 수익2025/12/28데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스BT Brands, Inc.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Apr 02Full year 2025 earnings released: US$0.11 loss per share (vs US$0.37 loss in FY 2024)Full year 2025 results: US$0.11 loss per share (improved from US$0.37 loss in FY 2024). Revenue: US$13.5m (down 9.0% from FY 2024). Net loss: US$687.8k (loss narrowed 70% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 15First quarter 2025 earnings released: US$0.054 loss per share (vs US$0.071 loss in 1Q 2024)First quarter 2025 results: US$0.054 loss per share (improved from US$0.071 loss in 1Q 2024). Revenue: US$3.23m (up 1.3% from 1Q 2024). Net loss: US$329.8k (loss narrowed 26% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 01Full year 2024 earnings released: US$0.37 loss per share (vs US$0.14 loss in FY 2023)Full year 2024 results: US$0.37 loss per share (further deteriorated from US$0.14 loss in FY 2023). Revenue: US$14.8m (up 5.3% from FY 2023). Net loss: US$2.31m (loss widened 161% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 16Third quarter 2024 earnings released: US$0.036 loss per share (vs US$0.001 loss in 3Q 2023)Third quarter 2024 results: US$0.036 loss per share (further deteriorated from US$0.001 loss in 3Q 2023). Revenue: US$4.35m (up 8.5% from 3Q 2023). Net loss: US$219.5k (loss widened US$216.0k from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 16Second quarter 2024 earnings released: US$0.011 loss per share (vs US$0.037 loss in 2Q 2023)Second quarter 2024 results: US$0.011 loss per share (improved from US$0.037 loss in 2Q 2023). Revenue: US$4.11m (up 2.8% from 2Q 2023). Net loss: US$70.0k (loss narrowed 70% from 2Q 2023).
Reported Earnings • May 17First quarter 2024 earnings released: US$0.071 loss per share (vs US$0.023 loss in 1Q 2023)First quarter 2024 results: US$0.071 loss per share (further deteriorated from US$0.023 loss in 1Q 2023). Revenue: US$3.19m (up 3.9% from 1Q 2023). Net loss: US$445.7k (loss widened 214% from 1Q 2023).
공지 • May 08Aero Velocity INC. cancelled the acquisition of BT Brands, Inc. (NasdaqCM:BTBD) in a reverse merger transaction.Aero Velocity INC. entered into a definitive merger agreement to acquire BT Brands, Inc. (NasdaqCM:BTBD) in a reverse merger transaction for $0.02 million on September 2, 2025. Upon the closing of the proposed transactions, Aero Velocity’s stockholders are expected to own approximately 89% of the combined company, and existing BT Brands stockholders are expected to own approximately 11% of the combined company. Upon the closing of the proposed transactions, the combined company is expected to be renamed “Aero Velocity Inc.” and trade on the Nasdaq Capital Market. Mark Hastings will serve as CEO of the combined company. In case of termination BT Brands will pay Aero Velocity $3.5 million. The transaction has been unanimously approved by the board of directors of both companies and is subject to approvals by the stockholders of each company and other customary closing conditions, Effectiveness of registration statement, all approvals with any Governmental Authority, HSR act approval, employee agreements, listing approvals, Execution of ancillary agreements. The transaction is expected to close in the fourth quarter of 2025 or first quarter of 2026. Maxim Group is serving as financial advisor and William P. Ruffa of Ruffa & Ruffa, P.C. is serving as legal counsel to BT Brands. Chardan Capital Markets is serving as financial advisor and Jeffrey M. Gallant and David Alan Miller of Graubard Miller is serving as legal counsel to Aero Velocity. Continental Stock Transfer & Trust Company acted as transfer agent to BT Brands. Aero Velocity INC. cancelled the acquisition of BT Brands, Inc. (NasdaqCM:BTBD) in a reverse merger transaction on May 7, 2026. The merger agreement was terminated upon expiration of the contractual term set forth in the Merger Agreement, as the registration statement relating to the proposed transaction was required to be declared effective by the U.S. Securities and Exchange Commission by April 30, 2026. The termination was effected in accordance with the terms of the merger agreement.
New Risk • Apr 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 59% per year over the past 5 years. Minor Risk Market cap is less than US$100m (US$10.9m market cap).
Reported Earnings • Apr 02Full year 2025 earnings released: US$0.11 loss per share (vs US$0.37 loss in FY 2024)Full year 2025 results: US$0.11 loss per share (improved from US$0.37 loss in FY 2024). Revenue: US$13.5m (down 9.0% from FY 2024). Net loss: US$687.8k (loss narrowed 70% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
New Risk • Mar 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 65% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (US$11.4m market cap).
공지 • Jan 23BT Brands, Inc. Receives Non-Compliance Written Notice from the Listing Qualifications Department of the Nasdaq Stock Market LLCOn January 14, 2026, BT Brands, Inc. received written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5620(a), due to the Company’s failure to hold an annual meeting of shareholders for the fiscal year ended December 31, 2024. The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities on the Nasdaq Capital Market. The Notice states that the Company has until March 2, 2026 to submit a plan to regain compliance with Listing Rule 5620(a). The Company intends to submit a plan to regain compliance with Listing Rule 5620(a) within the required timeframe. If Nasdaq accepts the Company’s plan, Nasdaq may grant the Company an extension of up to 180 calendar days from the fiscal year end, or until June 29, 2026, to evidence compliance with Listing Rule 5620(a). If Nasdaq does not accept the Company’s plan, the Company will have the opportunity to appeal the decision in front of a Nasdaq Hearings Panel. The Company advises investors that, on December 31, 2025, it filed a registration statement on Form S-4 (the “Registration Statement”), which includes a proxy statement soliciting stockholder votes at a special meeting of stockholders (the “Special Meeting”). The Special Meeting will be held to consider, among other things, approval of an Agreement and Plan of Merger (the “Merger Agreement”) among the Company, Aero Velocity, Inc. (“Aero”), and Aero Merger Sub, Inc., a wholly owned subsidiary of the Company, providing for a business combination between the Company and Aero, and to elect five directors to serve until the Company’s next annual meeting of stockholders and until their respective successors are duly elected and qualified. The Company expects to hold the Special Meeting promptly following the declaration of effectiveness of the Registration Statement by the staff of the Securities and Exchange Commission. The Merger Agreement provides that, if the Special Meeting is not held and the matters to be submitted to stockholders are not approved by April 30, 2026, the parties may terminate the Merger Agreement. If the Merger Agreement is terminated, the Company expects to call an annual meeting of stockholders at which stockholders will be asked to elect directors promptly thereafter.
공지 • Nov 13BT Brands, Inc. announced delayed 10-Q filingOn 11/12/2025, BT Brands, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
공지 • Sep 03Aero Velocity INC. entered into a definitive merger agreement to acquire BT Brands, Inc. (NasdaqCM:BTBD) in a reverse merger transaction.Aero Velocity INC. entered into a definitive merger agreement to acquire BT Brands, Inc. (NasdaqCM:BTBD) in a reverse merger transaction on September 3, 2025. Upon the closing of the proposed transactions, Aero Velocity’s stockholders are expected to own approximately 89% of the combined company, and existing BT Brands stockholders are expected to own approximately 11% of the combined company. Upon the closing of the proposed transactions, the combined company is expected to be renamed “Aero Velocity Inc.” and trade on the Nasdaq Capital Market. Mark Hastings will serve as CEO of the combined company. The transaction has been unanimously approved by the board of directors of both companies and is subject to approvals by the stockholders of each company and other customary closing conditions. The transaction is expected to close in the fourth quarter of 2025 or first quarter of 2026. Maxim Group is serving as financial advisor and Ruffa & Ruffa, P.C. is serving as legal counsel to BT Brands. Chardan Capital Markets is serving as financial advisor and Graubard Miller is serving as legal counsel to Aero Velocity.
공지 • Aug 16BT Brands, Inc. announced delayed 10-Q filingOn 08/15/2025, BT Brands, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
분석 기사 • Aug 03BT Brands, Inc. (NASDAQ:BTBD) Stock Rockets 26% But Many Are Still Ignoring The CompanyDespite an already strong run, BT Brands, Inc. ( NASDAQ:BTBD ) shares have been powering on, with a gain of 26% in the...
분석 기사 • Jul 29Is BT Brands (NASDAQ:BTBD) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • May 22BT Brands, Inc.'s (NASDAQ:BTBD) Shares Leap 29% Yet They're Still Not Telling The Full StoryBT Brands, Inc. ( NASDAQ:BTBD ) shareholders are no doubt pleased to see that the share price has bounced 29% in the...
Reported Earnings • May 15First quarter 2025 earnings released: US$0.054 loss per share (vs US$0.071 loss in 1Q 2024)First quarter 2025 results: US$0.054 loss per share (improved from US$0.071 loss in 1Q 2024). Revenue: US$3.23m (up 1.3% from 1Q 2024). Net loss: US$329.8k (loss narrowed 26% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 01Full year 2024 earnings released: US$0.37 loss per share (vs US$0.14 loss in FY 2023)Full year 2024 results: US$0.37 loss per share (further deteriorated from US$0.14 loss in FY 2023). Revenue: US$14.8m (up 5.3% from FY 2023). Net loss: US$2.31m (loss widened 161% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
분석 기사 • Mar 19Slammed 25% BT Brands, Inc. (NASDAQ:BTBD) Screens Well Here But There Might Be A CatchBT Brands, Inc. ( NASDAQ:BTBD ) shares have had a horrible month, losing 25% after a relatively good period beforehand...
분석 기사 • Jan 31BT Brands, Inc. (NASDAQ:BTBD) Soars 29% But It's A Story Of Risk Vs RewardBT Brands, Inc. ( NASDAQ:BTBD ) shares have had a really impressive month, gaining 29% after a shaky period beforehand...
분석 기사 • Nov 16Is BT Brands (NASDAQ:BTBD) Weighed On By Its Debt Load?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Nov 16Third quarter 2024 earnings released: US$0.036 loss per share (vs US$0.001 loss in 3Q 2023)Third quarter 2024 results: US$0.036 loss per share (further deteriorated from US$0.001 loss in 3Q 2023). Revenue: US$4.35m (up 8.5% from 3Q 2023). Net loss: US$219.5k (loss widened US$216.0k from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
공지 • Oct 30BT Brands, Inc., Annual General Meeting, Dec 06, 2024BT Brands, Inc., Annual General Meeting, Dec 06, 2024. Location: second floor conference room, 10501 wayzata boulevard south, minnesota 55303., minnetonka, United States
분석 기사 • Sep 07Market Might Still Lack Some Conviction On BT Brands, Inc. (NASDAQ:BTBD) Even After 29% Share Price BoostBT Brands, Inc. ( NASDAQ:BTBD ) shares have had a really impressive month, gaining 29% after a shaky period beforehand...
Reported Earnings • Aug 16Second quarter 2024 earnings released: US$0.011 loss per share (vs US$0.037 loss in 2Q 2023)Second quarter 2024 results: US$0.011 loss per share (improved from US$0.037 loss in 2Q 2023). Revenue: US$4.11m (up 2.8% from 2Q 2023). Net loss: US$70.0k (loss narrowed 70% from 2Q 2023).
분석 기사 • Jun 29A Piece Of The Puzzle Missing From BT Brands, Inc.'s (NASDAQ:BTBD) 27% Share Price ClimbBT Brands, Inc. ( NASDAQ:BTBD ) shareholders are no doubt pleased to see that the share price has bounced 27% in the...
Reported Earnings • May 17First quarter 2024 earnings released: US$0.071 loss per share (vs US$0.023 loss in 1Q 2023)First quarter 2024 results: US$0.071 loss per share (further deteriorated from US$0.023 loss in 1Q 2023). Revenue: US$3.19m (up 3.9% from 1Q 2023). Net loss: US$445.7k (loss widened 214% from 1Q 2023).
분석 기사 • May 14BT Brands, Inc. (NASDAQ:BTBD) Stock's 27% Dive Might Signal An Opportunity But It Requires Some ScrutinyUnfortunately for some shareholders, the BT Brands, Inc. ( NASDAQ:BTBD ) share price has dived 27% in the last thirty...
New Risk • Apr 07New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.87m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Market cap is less than US$10m (US$9.87m market cap). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change).
Reported Earnings • Apr 02Full year 2023 earnings released: US$0.14 loss per share (vs US$0.087 loss in FY 2022)Full year 2023 results: US$0.14 loss per share (further deteriorated from US$0.087 loss in FY 2022). Revenue: US$14.1m (up 12% from FY 2022). Net loss: US$887.4k (loss widened 58% from FY 2022).
공지 • Mar 29BT Brands, Inc. to Report Q4, 2023 Results on Mar 28, 2024BT Brands, Inc. announced that they will report Q4, 2023 results After-Market on Mar 28, 2024
분석 기사 • Mar 02Not Many Are Piling Into BT Brands, Inc. (NASDAQ:BTBD) Just YetBT Brands, Inc.'s ( NASDAQ:BTBD ) price-to-sales (or "P/S") ratio of 0.8x might make it look like a buy right now...
공지 • Dec 29BT Brands, Inc., Annual General Meeting, Feb 16, 2024BT Brands, Inc., Annual General Meeting, Feb 16, 2024, at 15:00 Central Standard Time. Location: Second Floor Conference Room at 10501 Wayzata Boulevard South Minnetonka Minnesota United States Agenda: To consider to elect five directors to hold office until our next annual meeting of stockholders and until their respective successors are elected and qualified; to ratify the appointment of Boulay, PLLP as independent registered public accounting firm for fiscal year ending December 31, 2023; to transact other business that may properly come before the annual meeting or any adjournments or postponements thereof.
New Risk • Nov 24New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.68m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 21% per year over the past 5 years. Market cap is less than US$10m (US$9.68m market cap). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change).
Reported Earnings • Nov 17Third quarter 2023 earnings released: US$0.061 loss per share (vs US$0.027 loss in 3Q 2022)Third quarter 2023 results: US$0.061 loss per share (further deteriorated from US$0.027 loss in 3Q 2022). Revenue: US$11.1m (up 175% from 3Q 2022). Net loss: US$379.0k (loss widened 117% from 3Q 2022).
Reported Earnings • Aug 18Second quarter 2023 earnings released: US$0.037 loss per share (vs US$0.014 loss in 2Q 2022)Second quarter 2023 results: US$0.037 loss per share (further deteriorated from US$0.014 loss in 2Q 2022). Revenue: US$4.00m (up 14% from 2Q 2022). Net loss: US$233.7k (loss widened 153% from 2Q 2022).
Reported Earnings • May 18First quarter 2023 earnings released: US$0.023 loss per share (vs US$0.007 profit in 1Q 2022)First quarter 2023 results: US$0.023 loss per share (down from US$0.007 profit in 1Q 2022). Revenue: US$3.07m (up 48% from 1Q 2022). Net loss: US$141.8k (down 432% from profit in 1Q 2022).
Reported Earnings • Apr 19Full year 2022 earnings released: US$0.087 loss per share (vs US$0.14 profit in FY 2021)Full year 2022 results: US$0.087 loss per share (down from US$0.14 profit in FY 2021). Revenue: US$12.6m (up 49% from FY 2021). Net loss: US$562.3k (down 193% from profit in FY 2021).
분석 기사 • Apr 17BT Brands (NASDAQ:BTBD) Might Be Having Difficulty Using Its Capital EffectivelyThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
공지 • Nov 23BT Brands, Inc., Annual General Meeting, Dec 29, 2022BT Brands, Inc., Annual General Meeting, Dec 29, 2022, at 15:00 Central Standard Time. Location: Second Floor Conference Room at 10501 Wayzata Boulevard South, Minnetonka, Minnesota 55303 Minnesota United States Agenda: To elect the five director nominees described in the accompanying proxy statement for a term of one year (the “director election proposal”); to ratify the audit committee’s selection of boulay pllp as our independent registered public accounting firm for the fiscal year ending January 1, 2023 (the “auditor proposal”); to approve an amendment to the company’s 2019 incentive plan (the “2019 plan”) to increase the number of shares available for issuance under the plan from 250,000 shares of common stock to 1,000,000 shares of common stock (the “2019 plan proposal”); to transact any other business that is properly presented at the annual meeting or any adjournments or postponements of the annual meeting.
Reported Earnings • Nov 17Third quarter 2022 earnings released: US$0.027 loss per share (vs US$0.058 profit in 3Q 2021)Third quarter 2022 results: US$0.027 loss per share (down from US$0.058 profit in 3Q 2021). Revenue: US$4.02m (up 76% from 3Q 2021). Net loss: US$174.9k (down 174% from profit in 3Q 2021).
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. COO, CFO, Principal Accounting Officer & Chairman Kenneth Brimmer was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improved over the past weekAfter last week's 20% share price gain to US$2.39, the stock trades at a trailing P/E ratio of 73.3x. Average trailing P/E is 19x in the Hospitality industry in the US.
Reported Earnings • Aug 17Second quarter 2022 earnings released: US$0.014 loss per share (vs US$0.053 profit in 2Q 2021)Second quarter 2022 results: US$0.014 loss per share (down from US$0.053 profit in 2Q 2021). Revenue: US$3.52m (up 48% from 2Q 2021). Net loss: US$92.3k (down 143% from profit in 2Q 2021).
Seeking Alpha • Aug 16BT Brands GAAP EPS of -$0.01, revenue of $3.5MBT Brands press release (NASDAQ:BTBD): Q2 GAAP EPS of -$0.01. Revenue of $3.5M (+47.1% Y/Y).
공지 • Aug 05BT Brands, Inc. (NasdaqCM:BTBD) acquired Von Stephan Village Bier Garten for $0.69 million.BT Brands, Inc. (NasdaqCM:BTBD) acquired Von Stephan Village Bier Garten for $0.69 million on August 04, 2022. BT Brands, Inc. (NasdaqCM:BTBD) completed the acquisition of Von Stephan Village Bier Garten on August 04, 2022.
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to US$2.14, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 19x in the Hospitality industry in the US.
공지 • Jun 03BT Brands, Inc. (NasdaqCM:BTBD) acquired a 41.4% stake in Bagger Dave's Burger Tavern, Inc. (OTCPK:BDVB) from Michael Ansley, founder and Chief Executive Officer of Bagger Dave's Burger Tavern, Inc. for $1.3 million.BT Brands, Inc. (NasdaqCM:BTBD) acquired a 41.4% stake in Bagger Dave's Burger Tavern, Inc. (OTCPK:BDVB) from Michael Ansley, founder and Chief Executive Officer of Bagger Dave's Burger Tavern, Inc. for $1.3 million on June 2, 2022. BT Brands, Inc. (NasdaqCM:BTBD) completed the acquisition of a 41.4% stake in Bagger Dave's Burger Tavern, Inc. (OTCPK:BDVB) from Michael Ansley, founder and Chief Executive Officer of Bagger Dave's Burger Tavern, Inc. on June 2, 2022.
Valuation Update With 7 Day Price Move • May 31Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$2.66, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 18x in the Hospitality industry in the US.
Reported Earnings • May 19First quarter 2022 earnings released: EPS: US$0.007 (vs US$0.033 in 1Q 2021)First quarter 2022 results: EPS: US$0.007 (down from US$0.033 in 1Q 2021). Revenue: US$2.07m (up 6.8% from 1Q 2021). Net income: US$42.7k (down 68% from 1Q 2021). Profit margin: 2.1% (down from 7.0% in 1Q 2021). The decrease in margin was driven by higher expenses.
공지 • May 13BT Brands, Inc. (NasdaqCM:BTBD) acquired Pie in the Sky Coffee and Bakery.BT Brands, Inc. (NasdaqCM:BTBD) acquired Pie in the Sky Coffee and Bakery on May 12, 2022. BT Brands, Inc. (NasdaqCM:BTBD) completed the acquisition of Pie in the Sky Coffee and Bakery on May 12, 2022.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. COO, CFO, Principal Accounting Officer & Chairman Kenneth Brimmer was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$2.30, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 19x in the Hospitality industry in the US.
Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$0.14 (down from US$0.20 in FY 2020). Revenue: US$8.45m (up 3.6% from FY 2020). Net income: US$607.9k (down 23% from FY 2020). Profit margin: 7.2% (down from 9.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates.
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improved over the past weekAfter last week's 15% share price gain to US$2.34, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 19x in the Hospitality industry in the US.
Valuation Update With 7 Day Price Move • Feb 17Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to US$2.10, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 23x in the Hospitality industry in the US.
분석 기사 • Feb 16BT Brands, Inc.'s (NASDAQ:BTBD) Stock Retreats 30% But Earnings Haven't Escaped The Attention Of InvestorsTo the annoyance of some shareholders, BT Brands, Inc. ( NASDAQ:BTBD ) shares are down a considerable 30% in the last...
분석 기사 • Feb 16BT Brands, Inc. (NASDAQ:BTBD) Shares Slammed 30% But Getting In Cheap Might Be Difficult RegardlessUnfortunately for some shareholders, the BT Brands, Inc. ( NASDAQ:BTBD ) share price has dived 30% in the last thirty...
Valuation Update With 7 Day Price Move • Jan 21Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to US$2.47, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 25x in the Hospitality industry in the US.
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to US$2.96, the stock trades at a trailing P/E ratio of 34.1x. Average trailing P/E is 27x in the Hospitality industry in the US.
Valuation Update With 7 Day Price Move • Dec 21Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to US$3.81, the stock trades at a trailing P/E ratio of 43.9x. Average trailing P/E is 23x in the Hospitality industry in the US.
Reported Earnings • Nov 19Third quarter 2021 earnings released: EPS US$0.058 (vs US$0.063 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: US$2.28m (down 3.9% from 3Q 2020). Net income: US$235.8k (down 7.2% from 3Q 2020). Profit margin: 10% (in line with 3Q 2020).
Reported Earnings • Nov 19Third quarter 2021 earnings released: EPS US$0.058 (vs US$0.063 in 3Q 2020)The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: US$2.28m (down 3.9% from 3Q 2020). Net income: US$235.8k (down 7.2% from 3Q 2020). Profit margin: 10% (in line with 3Q 2020).
Board Change • Nov 15No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). COO, CFO, Principal Accounting Officer & Chairman Kenneth Brimmer was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.