How did FAT Brands' revenue and expenses shift in Q4 2024?

Fat Brands (FAT) experienced a significant revenue boost in Q4 2024, with the company reporting $579.8 million in revenue. However, the company's expenses also increased, particularly in the Research and Development (R&D) and Selling, General, and Administrative (SG&A) categories, with R&D expenses reaching $56.7 million. 1. **Revenue Shift**: - FAT Brands saw a substantial revenue increase, which is a positive indicator of the company's performance in the period. 2. **Expense Shift**: - The increase in operating expenses, R&D expenses, and SG&A expenses suggests that FAT Brands may have been investing more in its operations, product development, and administrative functions. - R&D expenses, in particular, highlight the company's focus on innovation and product development, which could be a strategic move to enhance its brand and market position. |code|Ticker|Name|Date|Selling, General, and Administrative Expenses|R&D Expenses|Operating Expenses|market_code| |---|---|---|---|---|---|---|---| |FAT|FAT.O|Fat Brands|2024 Q1|5.2791E7|||186| |FAT|FAT.O|Fat Brands|2024 Q2|5.4455E7|||186| |FAT|FAT.O|Fat Brands|2024 Q3|5.5249E7|||186| |FAT|FAT.O|Fat Brands|2024 Q4|5.6697E7|||186|