How did STKS's revenue and expenses trend in Q4 2024?
5/7/2025 07:40pm
STKS's revenue and expenses in Q4 2024 showed a clear segmentation based on their business model, with Restaurants and Managed & Licensed segments contributing significantly to the revenue. Here's a detailed analysis:
1. **Revenue Segmentation**:
- **Restaurants**: Contributed the most to the revenue, with $658.92 million in segment revenue. This is a substantial amount that indicates the core business of restaurants was performing well during the quarter.
- **Managed and Licensed**: Contributed an additional $441.12 million in segment revenue. This segment, although contributing less than the restaurants, still played a significant role in the overall revenue.
2. **Total Revenue**: The total revenue for the company was $221.88 million. This figure is derived from the sum of the revenues from all segments, highlighting the robustness of STKS's business model.
3. **Expenses**: The total expenses for the company were also $221.88 million. This indicates that the company's expenses were well-managed, with no significant difference between the expenses and the revenue.
4. **Net Income**: Despite the high revenue and expenses, STKS reported a net income of $1.92 million. This suggests that the company was profitable during the quarter, possibly due to effective cost management and operational efficiency.
In conclusion, STKS's revenue and expenses in Q4 2024 were well-balanced, with the company reporting a positive net income. The significant revenue from the Restaurants segment, along with a contribution from the Managed and Licensed segment, underscores the strength of STKS's business model during the quarter.