InsiderClue
Stocks · Consumer discretionary · Retail-Eating Places

BT Brands, Inc.

BTBD Clue Score28
United States Fiscal year ends December CIK 0001718224
$1.69 -1.17% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $1.69 −24.22% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Nov 2021. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2018Revenue7.1Operating income0.2Net income0.0Fiscal year 2018Net income0.0 +0.0%Fiscal year 2019Revenue6.5Operating income−0.4Net income−0.5 −2,342.8%Fiscal year 2019Net income−0.4Fiscal year 2021Revenue8.2Operating income0.5Net income0.8Fiscal year 2022Revenue8.5 +3.6%Operating income1.0Net income0.6 −23.3%Fiscal year 2023Revenue12.6 +49.1%Operating income−0.4Net income−0.6 −192.5%Fiscal year 2023Revenue14.1 +11.7%Operating income−1.1Net income−0.9Fiscal year 2023Revenue14.1 +0.0%Operating income−1.1Net income−0.9Fiscal year 2024Revenue14.8 +5.3%Operating income−1.8Net income−2.3
FY2018FY2018FY2019FY2019FY2021FY2022FY2023FY2023FY2023FY2024
Revenue 7.1 n/a 6.5 n/a 8.2 8.5 12.6 14.1 14.1 14.8
Growth +3.6% +49.1% +11.7% +0.0% +5.3%
Operating income 0.2 n/a −0.4 n/a 0.5 1.0 −0.4 −1.1 −1.1 −1.8
Net income 0.0 0.0 −0.5 −0.4 0.8 0.6 −0.6 −0.9 −0.9 −2.3
Growth +0.0% −2,342.8% −23.3% −192.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2018Operating margin3.4%Net margin0.3%Free cash flow margin1.6%Fiscal year 2018Fiscal year 2019Operating margin−5.8%Net margin−7.2%Free cash flow margin0.8%Fiscal year 2019Fiscal year 2021Operating margin6.5%Net margin9.7%Free cash flow margin15.2%Fiscal year 2022Operating margin11.6%Net margin7.2%Free cash flow margin7.2%Fiscal year 2023Operating margin−3.1%Net margin−4.5%Free cash flow margin−2.1%Fiscal year 2023Operating margin−7.6%Net margin−6.3%Fiscal year 2023Operating margin−7.6%Net margin−6.3%Free cash flow margin−5.3%Fiscal year 2024Operating margin−12.4%Net margin−15.6%Free cash flow margin−8.2%
FY2018FY2018FY2019FY2019FY2021FY2022FY2023FY2023FY2023FY2024
Operating margin 3.4% n/a −5.8% n/a 6.5% 11.6% −3.1% −7.6% −7.6% −12.4%
Net margin 0.3% n/a −7.2% n/a 9.7% 7.2% −4.5% −6.3% −6.3% −15.6%
Free cash flow margin 1.6% n/a 0.8% n/a 15.2% 7.2% −2.1% n/a −5.3% −8.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2018Operating cash flow0.0Capital expenditure0.1Free cash flow0.1Fiscal year 2018Fiscal year 2019Operating cash flow0.1Capital expenditure0.0Free cash flow0.1Fiscal year 2019Fiscal year 2021Operating cash flow1.4Capital expenditure−0.2Free cash flow1.2Fiscal year 2022Operating cash flow0.8Capital expenditure−0.2Free cash flow0.6 −51.2%Fiscal year 2023Operating cash flow0.2Capital expenditure−0.5Free cash flow−0.3 −144.0%Fiscal year 2023Fiscal year 2023Operating cash flow−0.3Capital expenditure−0.5Free cash flow−0.7Fiscal year 2024Operating cash flow−0.7Capital expenditure−0.5Free cash flow−1.2
FY2018FY2018FY2019FY2019FY2021FY2022FY2023FY2023FY2023FY2024
Operating cash flow 0.0 n/a 0.1 n/a 1.4 0.8 0.2 n/a −0.3 −0.7
Capital expenditure 0.1 n/a 0.0 n/a −0.2 −0.2 −0.5 n/a −0.5 −0.5
Free cash flow 0.1 n/a 0.1 n/a 1.2 0.6 −0.3 n/a −0.7 −1.2
Growth −51.2% −144.0%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2018Cash0.7Total debt3.8Net cash (debt)−3.1Shareholders’ equity−1.0Fiscal year 2018Cash0.7Total debt3.8Net cash (debt)−3.1Shareholders’ equity−1.0Fiscal year 2019Cash0.3Total debt3.5Net cash (debt)−3.2Shareholders’ equity−1.5Fiscal year 2019Cash0.3Total debt3.5Net cash (debt)−3.2Shareholders’ equity−1.4Fiscal year 2021Cash1.3Total debt3.2Net cash (debt)−1.9Shareholders’ equity−0.7Fiscal year 2022Cash12.4Total debt3.0Net cash (debt)9.4Shareholders’ equity10.6Debt to equity0.28Fiscal year 2023Cash2.2Total debt2.8Net cash (debt)−0.7Shareholders’ equity10.2Debt to equity0.28Fiscal year 2023Cash5.3Total debt2.5Net cash (debt)2.8Shareholders’ equity9.2Debt to equity0.27Fiscal year 2023Cash5.3Total debt2.5Net cash (debt)2.8Shareholders’ equity9.2Debt to equity0.27Fiscal year 2024Cash2.0Total debt2.3Net cash (debt)−0.3Shareholders’ equity7.0Debt to equity0.33
FY2018FY2018FY2019FY2019FY2021FY2022FY2023FY2023FY2023FY2024
Cash 0.7 0.7 0.3 0.3 1.3 12.4 2.2 5.3 5.3 2.0
Total debt 3.8 3.8 3.5 3.5 3.2 3.0 2.8 2.5 2.5 2.3
Net cash (debt) −3.1 −3.1 −3.2 −3.2 −1.9 9.4 −0.7 2.8 2.8 −0.3
Shareholders’ equity −1.0 −1.0 −1.5 −1.4 −0.7 10.6 10.2 9.2 9.2 7.0
Debt to equity n/a n/a n/a n/a n/a 0.28 0.28 0.27 0.27 0.33

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2024 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2018 30 Dec 2018 FY2018 31 Dec 2018 FY2019 29 Dec 2019 FY2019 31 Dec 2019 FY2021 3 Jan 2021 FY2022 2 Jan 2022 FY2023 1 Jan 2023 FY2023 29 Dec 2023 FY2023 31 Dec 2023 FY2024 29 Dec 2024
Revenue and profit
7.1 n/a 6.5 n/a 8.2 8.5 12.6 14.1 14.1 14.8
Growth +3.6% +49.1% +11.7% +0.0% +5.3%
0.5 n/a 0.6 n/a 0.7 0.4 1.6 1.7 1.7 1.7
0.2 n/a −0.4 n/a 0.5 1.0 −0.4 −1.1 −1.1 −1.8
Growth +85.3% −139.9%
n/a n/a n/a n/a 0.9 0.8 −0.7 −1.0 −1.0 −2.1
−0.0 n/a −0.1 n/a 0.1 0.2 0.2 −0.1 0.1 0.2
0.0 0.0 −0.5 −0.4 0.8 0.6 −0.6 −0.9 −0.9 −2.3
Growth +0.0% −2,342.8% −23.3% −192.5%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 12.7% a year over five years.
  • Operating margin is down 18.8 points on five years ago, at -12.4%.
  • A net loss in 6 of 10 years on file.