RAVE Restaurant Group
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. RAVE Restaurant Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 2% to $12,150,000. The net income raised on $2,473,000 and profit margin reached 20%. Total operating expenses were $5,336,000.
Profit Margin
| 2015 | 48.19M | -1.83M | -3.82% |
|---|---|---|---|
| 2016 | 60.81M | -8.88M | -14.61% |
| 2017 | 57.11M | -12.49M | -21.87% |
| 2018 | 15.11M | 1.91M | 12.65% |
| 2019 | 12.31M | -750K | -6.09% |
| 2020 | 9.98M | -4.23M | -42.38% |
| 2021 | 8.59M | 1.52M | 17.69% |
| 2022 | 10.69M | 8.02M | 75.03% |
| 2023 | 11.88M | 1.61M | 13.57% |
| 2024 | 12.15M | 2.47M | 20.35% |
RAVE Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 12.15M | 11.88M | 10.69M | 8.59M | 9.98M | 12.31M | 15.11M | 57.11M | 60.81M | 48.19M |
Cost of revenue | 3.65M | 3.95M | 3.28M | 2.65M | 3.49M | 4.89M | 6.29M | 54.14M | 56.93M | 44.46M |
Gross profit | 8.49M | 7.93M | 7.40M | 5.93M | 6.49M | 7.42M | 8.81M | 2.96M | 3.87M | 3.73M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 5.33M | 5.70M | 4.92M | 4.87M | 5.68M | 5.74M | 8.47M | 7.71M | 7.24M | 4.79M |
Operating income | 3.15M | 1.07M | 2.47M | 1.05M | 849K | 1.68M | 350K | -4.74M | -3.37M | -1.05M |
Other income (expenses), net | -66K | -6K | -113K | 433K | -964K | -2.48M | -1.21M | -7.35M | -2.68M | -1.28M |
Income before tax | 3.09M | 2.15M | 2.36M | 1.49M | -155K | -801K | -1.04M | -12.11M | -6.06M | -2.34M |
Income tax expense | 619K | 537K | -5.65M | -29K | 4.07M | -51K | -3.32M | 53K | 2.71M | -670K |
Net income | 2.47M | 1.61M | 8.02M | 1.52M | -4.23M | -750K | 1.91M | -12.49M | -8.88M | -1.83M |
Earnings per share | ||||||||||
Basic EPS | 0.17 | 0.11 | 0.45 | 0.08 | -0.28 | -0.04 | 0.13 | -1.09 | -0.8 | -0.17 |
Diluted EPS | 0.17 | 0.1 | 0.45 | 0.08 | -0.28 | -0.04 | 0.13 | -1.09 | -0.77 | -0.17 |
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