Filing Flows › RCI Hospitality Holdings (RICK) › Q2 FY25
RCI Hospitality Holdings (RICK) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 12, 2025
RCI Hospitality Holdings (RICK) reported revenue of $65.9M for the second quarter fiscal 2025 (Q2 FY25), -9% from a year earlier and -8% from the quarter before. Operating margin was 12.4%, net earnings $3.2M (4.8% of revenue).
RCI Hospitality Holdings, Q2 FY25: revenue $65.9M (-9% year over year), operating margin 12.4%, net earnings $3.2M, operating cash flow $8.5M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $65.9M | -8% | -9% |
| Operating profit | $8.2M | -41% | +75% |
| Net earnings | $3.2M | -65% | +326% |
| Operating cash flow | $8.5M | -36% | -21% |
| Free cash flow | $6.9M | — | -21% |
What changed
Revenue was $65.9M in Q2 FY25, down 9% year over year and down 8% from the previous quarter. Sales of alcoholic beverages was the largest line at 44% of revenue. Sales of alcoholic beverages lost $4.0M year over year (down 12%), 63% of the total change.
Operating profit was $8.2M, a 12.4% margin (up 6.0 points year over year). Total costs fell 15% while revenue fell 9%. Net earnings were $3.2M, up 317% year over year. The effective tax rate was 25.1%.
Operating cash flow was $8.5M (down 21% year over year), 268% of net earnings. Non-cash charges added back $3.8M of depreciation and amortization and $118K of share-based compensation. Working capital and other items added $1.5M. After maintenance capital expenditures ($1.6M), free cash flow as the company reports it was $6.9M.
Questions
What was RCI Hospitality Holdings' revenue in the second quarter fiscal 2025?
RCI Hospitality Holdings (RICK) reported revenue of $65.9M for the second quarter fiscal 2025 (Q2 FY25), -9% from a year earlier and -8% from the quarter before.
Was RCI Hospitality Holdings profitable in the second quarter fiscal 2025?
Operating profit was $8.2M (12.4% of revenue) and net earnings $3.2M.