Meritage Hospitality Group Inc.

MHGU · OTC
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$669$672$626$577
% Growth-0.5%7.4%8.5%
Cost of Goods Sold$391$592$374$334
Gross Profit$278$81$252$243
% Margin41.5%12%40.3%42.1%
R&D Expenses$0$0$0$0
G&A Expenses$122$32$109$109
SG&A Expenses$148$58$133$131
Sales & Mktg Exp.$27$26$24$22
Other Operating Expenses$116$0$97$90
Operating Expenses$264$58$231$221
Operating Income$13$23$25$35
% Margin2%3.4%4.1%6.1%
Other Income/Exp. Net-$4-$16-$16-$12
Pre-Tax Income$9$7$10$23
Tax Expense$1$1$1$5
Net Income$8$6$8$17
% Margin1.2%0.9%1.4%3%
EPS0.840.710.982.3
% Growth18.3%-27.6%-57.4%
EPS Diluted0.650.560.741.81
Weighted Avg Shares Out7777
Weighted Avg Shares Out Dil98910
Supplemental Information
Interest Income$0$5$0$1
Interest Expense$17$17$8$8
Depreciation & Amortization$19$19$17$16
EBITDA$38$41$39$47
% Margin5.6%6.1%6.2%8.2%