GEN Restaurant Q4 revenue $54.7M (+21% YoY); 2024 rev $208.4M beats guidance; Q1 comps +1%

GEN Restaurant Group, Inc.

Q4 2024 revenue $54.7M (+21.2% YoY); net loss $(0.04) diluted EPS; adj. net loss $(0.02).
Full year 2024 revenue $208.4M (+15.1% YoY); net income $0.13 diluted EPS; adj. net income $0.21.
Comparable restaurant sales -5.6% in 2024; Q1 2025 through Feb +1% (6% improvement vs Q4).
Expects 10-13 new units in 2025 plus at least two company-owned in South Korea; nine opened since March 2024.
Board authorized $5M stock buyback; cash $23.7M; no long-term debt (except $4.3M EIDL loans).

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