Meritage Hospitality Group Inc.
MHGU · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $668,803 | $672,494 | $626,043 | $577,127 |
| % Growth | -0.5% | 7.4% | 8.5% | – |
| Cost of Goods Sold | $391,270 | $591,602 | $373,853 | $334,170 |
| Gross Profit | $277,533 | $80,892 | $252,190 | $242,957 |
| % Margin | 41.5% | 12% | 40.3% | 42.1% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $121,539 | $32,012 | $108,751 | $108,692 |
| SG&A Expenses | $148,494 | $58,285 | $133,193 | $130,987 |
| Sales & Mktg Exp. | $26,955 | $26,273 | $24,442 | $22,295 |
| Other Operating Expenses | $115,694 | $0 | $97,379 | $89,908 |
| Operating Expenses | $264,188 | $58,285 | $230,572 | $220,895 |
| Operating Income | $13,345 | $22,607 | $25,476 | $35,032 |
| % Margin | 2% | 3.4% | 4.1% | 6.1% |
| Other Income/Exp. Net | -$4,209 | -$15,695 | -$15,801 | -$11,734 |
| Pre-Tax Income | $9,136 | $6,912 | $9,675 | $23,298 |
| Tax Expense | $1,117 | $888 | $586 | $5,096 |
| Net Income | $7,801 | $6,138 | $8,485 | $17,445 |
| % Margin | 1.2% | 0.9% | 1.4% | 3% |
| EPS | 0.84 | 0.71 | 0.98 | 2.3 |
| % Growth | 18.3% | -27.6% | -57.4% | – |
| EPS Diluted | 0.65 | 0.56 | 0.74 | 1.81 |
| Weighted Avg Shares Out | 6,604 | 6,512 | 6,585 | 6,703 |
| Weighted Avg Shares Out Dil | 8,520 | 8,264 | 8,694 | 9,631 |
| Supplemental Information | – | – | – | – |
| Interest Income | $0 | $4,887 | $0 | $1,036 |
| Interest Expense | $17,231 | $16,826 | $8,156 | $7,745 |
| Depreciation & Amortization | $19,210 | $18,552 | $17,418 | $16,306 |
| EBITDA | $37,548 | $41,159 | $39,036 | $47,349 |
| % Margin | 5.6% | 6.1% | 6.2% | 8.2% |