Page 31 - Noble's TMT Consumer Virtual Equity Conference 2024

FAT Brands Inc.

SELECTED FINANCIAL ITEMS FAT
(in millions of USD)
CQ2 '23 CQ3 '23 CQ4 '23 CQ1 '24 LTM
Income Statement Key Items
Total Revenue 106.76 109.37 158.64 151.97 526.73
Gross Profit 35.65 38.53 39.70 40.33 154.20
Gross Margin 33% 35% 25% 27% 29%
EBIT 18.47 6.62 (19.04) (1.38) 4.66
EBIT Margin 17% 6% -12% -1% 1%
Net Income to Common Shareholders (7.09) (24.66) (26.24) (38.32) (96.30)
Net Margin -7% -23% -17% -25% -18%

Balance Sheet Key Items
Total Assets 1,215.84 1,275.55 1,388.24 1,384.70 1,384.70
Cash & Short Term Investments 30.57 87.99 37.04 39.89 39.89
% of Assets 3% 7% 3% 3% 3%
Current Assets -Total 104.28 163.09 121.01 123.86 123.86
% of Assets 9% 13% 9% 9% 9%
Total Liabilities 1,419.04 1,504.27 1,644.10 1,681.46 1,681.46
% of Assets 117% 118% 118% 121% 121%
Current Liabilities - Total 251.42 265.36 276.60 266.38 266.38
% of Assets 21% 21% 20% 19% 19%
Long Term Debt 1,018.49 1,093.79 1,110.31 1,158.06 1,158.06
% of Assets 84% 86% 80% 84% 84%
Total Equity (203.20) (228.72) (255.86) (296.77) (296.77)
% of Assets -17% -18% -18% -21% -21%

Cash Flow Statement Key Items
Net Cash Flow - Operating Activities (9.50) (1.82) (12.57) (28.40) (52.29)
Net Cash Flow - Investing (4.92) (7.47) (45.46) (8.05) (65.89)
Net Cash Flow - Financing (1.00) 76.25 11.09 40.38 126.73

Source: Capital IQ

PRICE / VOLUME

Source: Channelchek/QuoteMedia

Noble Capital Markets Emerging Growth Consumer / Entertainment / Media Conference