FATAQ · Fat Brands, Inc
Substantial doubt about the company's ability to continue as a going concern.
“These factors create substantial doubt about the Company's ability to continue as a going concern for the twelve-month period subsequent to the date that these financial statements are issued. While the Company believes its plans to restructure its indebtedness or obtain relief from the noteholders can alleviate the conditions that raise substantial doubt about the Company's ability to continue as a going concern, these plans are not within the Company's control and cannot be assessed as being probable of occurring.”View the 10-Q filed Nov 12, 2025
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| $574.14M | $592.65M | $480.46M | $407.22M | $118.88M | $18.12M | $22.51M | $18.37M | $2.17M | |
| $154.64M | $128.56M | $93.12M | $113.31M | $41.78M | $14.88M | $12.26M | $10.35M | $2.12M | |
| $15.5M | $15.9M | $15.3M | $14.9M | $6M | $1.09M | — | — | $90K | |
| $37.03M | $41.53M | $31.13M | $27.02M | $8.47M | $1.17M | $785K | $358K | $23K | |
| $654.93M | $644.87M | $458.13M | $425.13M | $118.06M | $34.38M | $16.59M | $13.6M | — | |
| -$80.78M | -$52.22M | $22.33M | -$17.9M | $824K | -$16.27M | $5.92M | $4.24M | $50K | |
| — | -8.81% | 4.65% | -4.4% | 0.69% | -89.78% | 26.3% | 23.06% | 2.3% | |
| -$43.75M | -$10.69M | $53.46M | $9.11M | $9.3M | -$15.09M | $6.7M | $4.59M | $73K | |
| $4.15M | — | — | — | — | — | $4.76M | $3.82M | $405K | |
| -$152.76M | -$140.38M | -$118.7M | -$89.47M | -$35.94M | -$2.28M | -$6.43M | -$6.31M | -$256K | |
| -$233.55M | -$192.6M | -$96.37M | -$107.38M | -$35.12M | -$18.55M | -$508K | -$2.07M | -$206K | |
| -$5M | -$2.75M | -$6.26M | $18.81M | -$3.54M | -$3.69M | $510K | -$275K | $407K | |
| -$225.79M | -$189.85M | -$90.11M | -$126.19M | -$31.58M | -$14.86M | -$1.02M | -$1.8M | -$613K | |
| — | -32.03% | -18.76% | -30.99% | -26.57% | -82.02% | -4.52% | -9.79% | -28.21% | |
| -$234.69M | -$197.63M | -$97.12M | -$132.82M | — | — | — | — | — | |
| USD/shares | — | -$11.60 | -$5.85 | -$4.49 | -$1.20 | -$0.70 | -$0.05 | -$0.09 | -$0.04 |
| USD/shares | — | -$11.60 | -$5.85 | -$4.49 | -$1.20 | -$0.70 | — | -$0.09 | -$0.04 |
| shares | — | 17.04M | 16.6M | 29.56M | 26.29M | 21.34M | 21.21M | 19.68M | 15.26M |
| shares | — | 17.04M | 16.6M | 29.56M | 26.29M | 21.34M | 21.21M | 19.68M | 15.26M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2018–FY2024: $36.46M in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Geography (USD)
| Component | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| United States | $579,800,000 | $469,600,000 | $397,400,000 | $108,600,000 | $14,146,000 |
| Other Countries | $12,900,000 | $10,900,000 | $9,800,000 | $10,300,000 | $3,972,000 |
By Product & Service (USD)
| Component | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Restaurant Sales | $413,480,000 | $299,029,000 | $241,001,000 | $41,563,000 | $0 |
| Royalty | $90,035,000 | $94,036,000 | $87,921,000 | $42,658,000 | $13,420,000 |
| Advertising | $39,473,000 | $39,490,000 | $37,997,000 | $16,728,000 | $3,527,000 |
| Factory | $37,949,000 | $37,983,000 | $33,504,000 | $13,470,000 | $0 |
| Franchisor | $6,487,000 | $4,979,000 | $3,706,000 | $4,023,000 | $1,130,000 |
| Product And Service Other | $5,228,000 | $4,940,000 | $3,095,000 | — | — |
| Management Service | — | — | — | $439,000 | $41,000 |