BT Brands, Inc. (BTBD) Financial Statements
Industry: Eating Places (Retail)
In fiscal 2024, BT Brands reported revenue of $14.8M, up 5.3% from $14.1M the year before. Net income was -$2.3M (a -15.6% net margin). Gross margin was -12.4% and operating margin was -12.4%. Operating activities generated -$723,505 of cash, leaving -$1.2M of free cash flow. At fiscal year end, BT Brands held $12.0M in total assets against $5.0M in total liabilities.
Open the full interactive BT Brands financials → Quarterly statements, key ratios, valuation history and price charts.
BT Brands Key Stats
| Share Price | $1.76 |
|---|---|
| Market Cap | $10.9M |
| Revenue YoY Growth | +5.3% |
| 52-Week Range | $1.04 – $2.25 |
| Shares Outstanding | 6.2 million (basic, 2026 Q2) |
BT Brands Income Statement
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | |
|---|---|---|---|---|---|---|
| Revenue | $6.5M | $8.2M | $8.5M | $12.6M | $14.1M | $14.8M |
| Cost of Goods Sold | $6.7M | $7.6M | $7.5M | $13.0M | $15.1M | $16.7M |
| Gross Profit | -$222,048 | $529,368 | $980,712 | -$391,164 | -$1.1M | -$1.8M |
| Operating Income | -$222,048 | $529,368 | $329,894 | -$391,164 | -$1.1M | -$1.8M |
| Pre-Tax Income | -$320,077 | $921,992 | $807,851 | -$742,285 | -$1.0M | -$2.1M |
| Income Tax | $48,500 | $130,000 | $200,000 | -$180,000 | $145,000 | $206,000 |
| Net Income | -$368,577 | $791,992 | $607,851 | -$562,285 | -$887,368 | -$2.3M |
| Diluted EPS | -$0.05 | $0.20 | $0.14 | — | — | — |
BT Brands Quarterly Results
| 2025 Q2 | 2025 Q3 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $3.8M | $3.9M | $2.8M | $3.6M |
| Net Income | $55,031 | $914,975 | -$751,011 | $576,433 |
| Diluted EPS | — | $0.15 | -$0.12 | $0.09 |
BT Brands Balance Sheet
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $258,101 | — | — | — | — | — |
| Current Assets | $336,825 | $1.4M | $12.6M | $8.9M | $7.2M | $5.0M |
| Total Assets | $2.6M | $3.4M | $14.5M | $16.8M | $14.6M | $12.0M |
| Current Liabilities | $805,151 | $1.0M | $925,310 | $2.1M | $1.6M | $1.4M |
| Total Long-Term Debt | $3.5M | $3.2M | $3.0M | $2.8M | $2.5M | $2.3M |
| Total Liabilities | $4.0M | $4.1M | $3.9M | $6.6M | $5.4M | $5.0M |
| Shareholders' Equity | -$1.4M | -$702,323 | $10.6M | $10.2M | $9.2M | $7.0M |
BT Brands Cash Flow Statement
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $50,489 | $1.4M | $813,955 | $211,798 | -$258,787 | -$723,505 |
| Cash From Investing | -$179,000 | $24,580 | -$207,920 | -$11.0M | $4.7M | -$2.2M |
| Cash From Financing | -$276,899 | -$358,956 | $10.5M | $590,695 | -$1.3M | -$440,849 |
| Free Cash Flow | — | $1.2M | $606,035 | -$266,598 | -$747,175 | -$1.2M |
Figures from BT Brands' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full BT Brands financials page for every line item.
BT Brands Company Profile
| Ticker | BTBD |
|---|---|
| Exchange | Nasdaq |
| Industry | Eating Places (Retail) |
| Headquarters | Park City, Utah |
| Incorporated in | Wyoming |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001718224 |
Frequently Asked Questions
What was BT Brands' revenue in fiscal 2024?
BT Brands (BTBD) reported revenue of $14.8M for fiscal 2024.
What is BT Brands' annual revenue history?
BT Brands' annual revenue by fiscal year: 2019: $6.5M; 2020: $8.2M; 2021: $8.5M; 2022: $12.6M; 2023: $14.1M; 2024: $14.8M.
What was BT Brands' net income in fiscal 2024?
BT Brands reported net income of -$2.3M for fiscal 2024.
How much free cash flow did BT Brands generate in fiscal 2024?
BT Brands generated -$1.2M of free cash flow in fiscal 2024.
What was BT Brands' revenue last quarter?
In its most recent reported quarter (2026 Q2), BT Brands reported revenue of $3.6M.
How much debt does BT Brands have?
BT Brands reported $2.3M of long-term debt, including the current portion, at the end of fiscal 2024.
How many shares of BT Brands are outstanding?
BT Brands reported a weighted average of 6.2 million basic shares outstanding in 2026 Q2.
What is BT Brands' market cap?
Based on its latest closing price, BT Brands (BTBD) has a market capitalization of about $10.9M.
When does BT Brands' fiscal year end?
BT Brands' fiscal year end, as registered with the SEC, is December 31.
Where is BT Brands headquartered?
BT Brands lists its business address in Park City, Utah in its SEC filings.