Meritage Hospitality Group Inc. PFD CV SER B
Meritage Hospitality Group Inc. PFD CV SER B (MHGUP) Financial Performance & Income Statement Overview
Review Meritage Hospitality Group Inc. PFD CV SER B (MHGUP) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
Meritage Hospitality Group Inc. PFD CV SER B (MHGUP) Income Statement & Financial Overview
Explore comprehensive income reports for Meritage Hospitality Group Inc. PFD CV SER B MHGUP, broken down by year and quarter.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $154.50M | $168.74M | $164.85M | $172.36M |
| Cost of Revenue | $154.50M | $100.92M | $148.53M | $149.14M |
| Gross Profit | $0.00 | $67.82M | $16.32M | $23.22M |
| Gross Profit Ratio | $0.00 | $0.40 | $0.10 | $0.13 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $0.00 | $36.95M | $12.99M | $15.17M |
| Operating Expenses | $0.00 | $65.50M | $12.99M | $15.17M |
| Total Costs & Expenses | $158.20M | $166.43M | $161.52M | $164.31M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $0.00 | $0.00 | $3.41M | $3.17M |
| Depreciation & Amortization | $0.00 | $4.82M | $4.85M | $4.76M |
| EBITDA | -$3.70M | $9.64M | $6.05M | $12.28M |
| EBITDA Ratio | -$0.02 | $0.06 | $0.04 | $0.07 |
| Operating Income | -$3.70M | $2.31M | $3.33M | $8.05M |
| Operating Income Ratio | -$0.02 | $0.01 | $0.02 | $0.05 |
| Other Income/Expenses (Net) | $3.70M | $3.18M | -$5.54M | -$3.70M |
| Income Before Tax | $0.00 | $5.50M | -$2.21M | $4.35M |
| Income Before Tax Ratio | $0.00 | $0.03 | -$0.01 | $0.03 |
| Income Tax Expense | $0.00 | $292000.00 | -$417000.00 | $1.32M |
| Net Income | -$4.30M | $5.05M | -$1.70M | $3.13M |
| Net Income Ratio | -$0.03 | $0.03 | -$0.01 | $0.02 |
| EPS | -$0.68 | $0.55 | -$0.26 | $0.47 |
| Diluted EPS | -$0.68 | $0.55 | -$0.26 | $0.35 |
| Weighted Avg Shares Outstanding | $6.29M | $6.62M | $6.62M | $6.61M |
| Weighted Avg Shares Outstanding (Diluted) | $6.29M | $6.62M | $6.62M | $8.92M |
Over the last four quarters, Meritage Hospitality Group Inc. PFD CV SER B's revenue moved from $172.36M in Q2 2024 to $154.50M in Q1 2025. Operating income in Q1 2025 was -$3.70M, with a strong operating margin of -2%. Despite fluctuations in R&D and SG&A expenses, EBITDA for Meritage Hospitality Group Inc. PFD CV SER B remained robust at -$3.70M, reflecting operational efficiency. Net income dropped to -$4.30M, with an EPS of -$0.68. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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