See more : Aurora Design Public Company Limited (AURA.BK) Income Statement Analysis – Financial Results
Complete financial analysis of Meritage Hospitality Group Inc. PFD CV SER B (MHGUP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Meritage Hospitality Group Inc. PFD CV SER B, a leading company in the Restaurants industry within the Consumer Cyclical sector.
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Meritage Hospitality Group Inc. PFD CV SER B (MHGUP)
Industry: Restaurants
Sector: Consumer Cyclical
About Meritage Hospitality Group Inc. PFD CV SER B
Meritage Hospitality Group Inc is one of the nation's premier restaurant operators, with more than 300 restaurants in operation located in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia. The Company owns six independent restaurants under two concepts throughout Michigan which include Morning Belle restaurants and Stan’s Tacos.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 672.49M | 626.04M | 577.13M | 516.18M | 467.55M |
| Cost of Revenue | 591.60M | 549.17M | 500.55M | 435.95M | 400.76M |
| Gross Profit | 80.89M | 76.87M | 76.58M | 80.23M | 66.78M |
| Gross Profit Ratio | 12.03% | 12.28% | 13.27% | 15.54% | 14.28% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 118.82M | 108.75M | 108.69M | 97.77M | 0.00 |
| Selling & Marketing | 26.27M | 24.44M | 22.30M | 18.16M | 0.00 |
| SG&A | 58.29M | 55.25M | 54.52M | 45.99M | 41.59M |
| Other Expenses | 0.00 | 3.86M | 11.93M | 3.16M | 0.00 |
| Operating Expenses | 58.29M | 55.25M | 54.52M | 45.99M | 41.59M |
| Cost & Expenses | 649.89M | 604.43M | 555.07M | 481.94M | 442.36M |
| Interest Income | 4.89M | 0.00 | 1.04M | 0.00 | 0.00 |
| Interest Expense | 16.83M | 8.46M | 7.85M | 10.44M | 10.88M |
| Depreciation & Amortization | 18.55M | 17.42M | 16.31M | 16.31M | 14.08M |
| EBITDA | 41.16M | 35.25M | 47.35M | 44.84M | 41.24M |
| EBITDA Ratio | 6.12% | 6.24% | 6.65% | 9.79% | 8.40% |
| Operating Income | 22.61M | 21.62M | 22.06M | 34.24M | 25.19M |
| Operating Income Ratio | 3.36% | 3.45% | 3.82% | 6.63% | 5.39% |
| Total Other Income/Expenses | -15.70M | -11.94M | 1.24M | -16.08M | -8.73M |
| Income Before Tax | 6.91M | 9.68M | 23.30M | 18.16M | 16.46M |
| Income Before Tax Ratio | 1.03% | 1.55% | 4.04% | 3.52% | 3.52% |
| Income Tax Expense | 888.00K | 586.00K | 5.10M | 2.40M | 3.59M |
| Net Income | 6.14M | 8.49M | 17.45M | 14.91M | 12.06M |
| Net Income Ratio | 0.91% | 1.36% | 3.02% | 2.89% | 2.58% |
| EPS | 0.61 | 0.98 | 2.30 | 2.00 | 1.62 |
| EPS Diluted | 0.48 | 0.74 | 1.81 | 1.59 | 1.27 |
| Weighted Avg Shares Out | 6.51M | 6.59M | 6.70M | 6.45M | 6.31M |
| Weighted Avg Shares Out (Dil) | 8.26M | 8.69M | 9.63M | 9.41M | 9.03M |
Source: https://incomestatements.info
Category: Stock Reports