BT Brands Inc. (Nasdaq: BTBD and BTBDW) has announced its financial results for the second quarter of 2025, marking a return to profitability. The company reported a net income of $55,000, or $0.01 per share, compared to a net loss of $70,000 in the same period in 2024. Revenues for the quarter were $3.8 million, down from $4.1 million in the prior-year quarter, primarily due to the impact of two fewer operating locations year-over-year. Despite the revenue decline, the company significantly narrowed its operating loss to $75,000 from $189,000 in the second quarter of 2024. Additionally, restaurant-level adjusted EBITDA increased by 51% over the prior year, reaching $661,000 compared to $438,000 in 2024. The equity in the second quarter loss of Bagger Dave's Burger Tavern was $70,400, an improvement from a loss of $81,000 in the previous year. The company anticipates maintaining profitability throughout the remainder of 2025. While discussions regarding potential mergers and asset sales are ongoing, the outcome of these discussions remains uncertain. BT Brands currently operates a total of fourteen restaurants, including its 40.7% ownership interest in Bagger Dave's Burger Tavern, which operates five locations.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BT Brands Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250819114509) on August 19, 2025, and is solely responsible for the information contained therein.
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