Filing Flows › Good Times Restaurants (GTIM) › Q4 FY24
Good Times Restaurants (GTIM) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Dec 12, 2024
Good Times Restaurants (GTIM) reported revenue of $35.8M for the fourth quarter fiscal 2024 (Q4 FY24), +4% from a year earlier and -6% from the quarter before. Operating margin was -0.3%, net earnings $284K (0.8% of revenue).
Good Times Restaurants, Q4 FY24: revenue $35.8M (+4% year over year), operating margin -0.3%, net earnings $284K, operating cash flow $394K. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $35.8M | -6% | +4% |
| Operating profit | −$118K | — | — |
| Net earnings | $284K | — | — |
| Operating cash flow | $394K | -88% | -88% |
What changed
Revenue was $35.8M in Q4 FY24, up 4% year over year and down 6% from the previous quarter. Restaurant Sales was the largest line at 100% of revenue.
Operating costs exceeded revenue by $118K, an operating margin of -0.3%. Total costs grew 3% against revenue growth of 4%. The fastest-growing cost line was General & admin (+30%). Net earnings were $230K.
Operating cash flow was $394K (down 88% year over year), 139% of net income including minority interests. Non-cash charges added back $1.0M of depreciation and amortization and $28K of share-based compensation. Working capital and other items used $884K. Capital expenditures of $862K exceeded it, leaving free cash flow of −$468K.
Questions
What was Good Times Restaurants' revenue in the fourth quarter fiscal 2024?
Good Times Restaurants (GTIM) reported revenue of $35.8M for the fourth quarter fiscal 2024 (Q4 FY24), +4% from a year earlier and -6% from the quarter before.
Was Good Times Restaurants profitable in the fourth quarter fiscal 2024?
Operating loss was $118K (-0.3% of revenue) and net earnings $284K.