earnings
confidence high
sentiment positive
materiality 0.80
RAVE Q4 net income $926K, revenue up to $2.4M, Pizza Inn comps +63%
RAVE RESTAURANT GROUP, INC.
- Net income $926K vs $31K prior year; EPS $0.05 diluted; revenue $2.4M (+$0.8M YoY).
- Pizza Inn domestic comp store sales +63% in Q4; Pie Five +36%.
- Full-year net income $1.5M vs loss $4.2M; adjusted EBITDA $2.0M (+$1.4M).
- Cash $8.3M, up $1.8M in Q4; cash from operations improved.
- Q4 includes one-time PPP loan forgiveness; fifth consecutive profitable quarter.