---
schema_version: "secwatch.filing_event.v1"
accession: "0001723580-24-000007"
form_type: "8-K"
ticker: null
cik: "0001723580"
company_name: "BurgerFi International, Inc."
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T04:45:41.661884+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# BurgerFi Q4 revenue falls 8% to $41.5M; net loss narrows to $10.6M

## Summary
- Q4 total revenue $41.5M, down 8% YoY from $45.2M; systemwide sales $65.0M (-11%).
- Net loss improved to $10.6M ($0.40 loss per share) from $26.2M ($1.18 loss) in prior year quarter.
- Adjusted EBITDA declined to $0.7M from $2.6M in Q4 2022.
- BurgerFi systemwide same-store sales down 10%; Anthony's corporate-owned same-store sales down 3%.
- CEO cites challenging 2023 but sees early positive trends; March flat to slightly positive adjusting for Easter.

## SEC filing metadata
- accession: 0001723580-24-000007
- form_type: 8-K
- cik: 0001723580
- company_name: BurgerFi International, Inc.
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1723580/000172358024000007/0001723580-24-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1723580/000172358024000007/bfi-20240401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001723580-24-000007
- JSON: https://secwatch.observer/filing/0001723580-24-000007.json
- Plain text: https://secwatch.observer/filing/0001723580-24-000007.txt

## Key facts
- Earnings Releases
  BurgerFi International, Inc. reported fiscal year ended January 1, 2024 results: revenue $170.1 million, net income Net loss improved to $30.7 million, EPS $(1.20) per diluted share.
  - Period: fiscal year ended January 1, 2024
  - Revenue: $170.1 million
  - Net income: Net loss improved to $30.7 million
  - EPS: $(1.20) per diluted share
  - Result: preliminary results
  source text: Total revenue was $170.1 million in the fiscal year 2023 compared to $178.7 million in the fiscal year 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1723580/000172358024000007/0001723580-24-000007-index.htm
- Earnings Releases
  BurgerFi International, Inc. reported fourth quarter ended January 1, 2024 results: revenue $41.5 million, net income Net loss improved to $10.6 million, EPS $(0.40) per diluted share.
  - Period: fourth quarter ended January 1, 2024
  - Revenue: $41.5 million
  - Net income: Net loss improved to $10.6 million
  - EPS: $(0.40) per diluted share
  - Result: preliminary results
  source text: today reported preliminary unaudited financial results for the fourth quarter and fiscal year ended January 1, 2024. Highlights for the Fourth Quarter 2023 1 • Total revenue was $41.5 million in the fourth quarter 2023 compared to $45.2 million in the fourth quarter 2022 ▪ Consolidated systemwide sales decreased to $65.0 million compared to $71.6 million in the prior
  evidence_url: https://www.sec.gov/Archives/edgar/data/1723580/000172358024000007/0001723580-24-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.