Filing Flows › Rave Restaurant Group (RAVE) › Q2 FY25
Rave Restaurant Group (RAVE) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Feb 6, 2025
Rave Restaurant Group (RAVE) reported revenue of $2.9M for the second quarter fiscal 2025 (Q2 FY25), +4% from a year earlier and -6% from the quarter before. Operating margin was 23.1%, net earnings $607K (21.2% of revenue).
Rave Restaurant Group, Q2 FY25: revenue $2.9M (+4% year over year), operating margin 23.1%, net earnings $607K, operating cash flow $711K. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.9M | -6% | +4% |
| Operating profit | $664K | +9% | +23% |
| Net earnings | $607K | +15% | +10% |
| Operating cash flow | $711K | +34% | — |
| Free cash flow | $667K | +26% | — |
What changed
Revenue was $2.9M in Q2 FY25, up 4% year over year and down 6% from the previous quarter. Supplier and Distributor Incentive Revenues was the largest line at 40% of revenue. Supplier and Distributor Incentive Revenues added $105K year over year (up 10%), 85% of the total change. Rental Income declined 39%.
Operating profit was $664K, a 23.1% margin (up 3.5 points year over year). Of the extra revenue versus a year earlier, 101% reached operating profit, above the 20% margin then. Total costs fell 0% while revenue rose 4%. Net earnings were $607K, up 10% year over year. The effective tax rate was 19.2%.
Operating cash flow was $711K, 117% of net earnings. Non-cash charges added back $53K of depreciation and amortization and $53K of share-based compensation. Capital expenditures of $44K left free cash flow of $667K.
Questions
What was Rave Restaurant Group's revenue in the second quarter fiscal 2025?
Rave Restaurant Group (RAVE) reported revenue of $2.9M for the second quarter fiscal 2025 (Q2 FY25), +4% from a year earlier and -6% from the quarter before.
Was Rave Restaurant Group profitable in the second quarter fiscal 2025?
Operating profit was $664K (23.1% of revenue) and net earnings $607K.