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MARKETS / NASDAQ / Consumer staples / Nondurable goods wholesale / RAVE
NASDAQ · WHOLESALE-GROCERIES & RELATED PRODUCTS · SMALL CAP

Rave Restaurant Group, Inc. RAVE

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$12.9M
▲ 7.2% YoY
$2.9M
▲ 6.5% YoY
$3.5M
▲ 4.9% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Rave Restaurant Group, Inc., through its subsidiaries (collectively, the “Company” or “we,” “us” or “our”), franchises pizza buffet (“Buffet Units”), delivery/carry-out (“Delco Units”), express restaurants (“Express Units”) and ghost kitchens (“Pizza Inn Ghost Kitchen Units”) under the trademark “Pizza Inn” and franchises fast casual pizza restaurants (“Pie Five Units”) and ghost kitchens (“Pie Five Ghost Kitchen Units”) under the trademarks “Pie Five Pizza Company” or “Pie Five”. The Company also licenses Pizza Inn Express, or PIE, kiosks (“PIE Units”) under the trademark “Pizza Inn”. As of June 29, 2025, we had 117 franchised Pizza Inn restaurants, 17 franchised Pie Five Units, and one licensed PIE Unit. We operate and franchise restaurant concepts under two distinct brands: Pizza Inn and Pie Five. As of June 29, 2025, we had 24 full-time employees.

Written from the business description in Rave Restaurant Group, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 25 September 2025. Every sentence was checked against that document before publication.

Growth

USD 12.9M
Revenue, FY2025 · full 16-year series below
Revenue $M Net income $M
FY2025 · Revenue 12.9 · Net income 2.9
25.0M50.0M-5.0M-10.0M
201020132016201920222025
Compound annual growth
+2.8%
+8.5%
−14.2%
+21.3%
+13.6%
+26.0%
+17.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +8.5% a year over the five years to FY2025 — but profit grew faster: net income at +13.6%, earnings per share at +17.3%.

The share count fell from 0.02B to 0.01B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

22 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 26.9% · Net 22.3%
20%40%60%-20%-40%
201020172025
ROE
FY2025 · ROE 18.3%
50%-50%-100%-150%
201020172025
Three returns, three denominators.
Gross margin·
Operating margin26.9%
Net margin22.3%
EBITDAUSD 3.6M

Each USD of equity produced 18 cents of profit this year.

Cash & shareholders

USD 0.00
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 3.5
2M3M-2M-4M
201020172025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 0.0
2M4M-2M-3M
202020212022202320242025
Dividends paid·
Net buybacksUSD 0.00
Share of profit0.0%
Consecutive raises·

Total assetsUSD 19.5M
EquityUSD 17.3M
CashUSD 1.1M
Current ratio9.31×

Equity funds 89% of total assets.

The 16-year record

16 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
RAVE, 16-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010
Revenue $B0.00.00.00.00.00.00.00.00.00.00.10.00.00.00.00.0
Operating income $B0.00.00.00.00.00.0−0.0−0.0−0.0−0.0−0.0−0.0◌◌0.00.0
EBITDA $B0.00.00.00.00.00.0−0.0−0.0−0.0−0.0−0.0−0.0◌◌0.00.0
Income tax $B0.00.00.00.0−0.0−0.00.0−0.0−0.00.00.0−0.0−0.0−0.00.00.0
Net income $B0.00.00.00.00.00.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.00.00.0
Free cash flow $B0.00.00.00.00.00.0−0.00.0−0.0◌◌◌◌◌0.00.0
EPS, diluted $0.200.190.170.100.450.09−0.28−0.050.13−1.18−0.86−0.18−0.17−0.150.010.17
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend————————————————
ROE %18.320.121.413.683.848.7−171.5−14.0——−66.8−13.4−19.2−41.55.323.2
Shares out B0.010.010.010.010.020.020.020.020.020.010.0110.260.018.190.010.01

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

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Provenance

Company facts, as filed

How we verify · 0 failures in 64 reconciliationsAUDITED

Reconciled in 16 of the 16 fiscal years we could check. Six checks were skipped: the balance sheet is not tagged before 2010. Three checks were skipped: EPS is not tagged before 2010. Three checks were skipped: revenue is not tagged before 2010.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityWholesale-Groceries & Related Products
Listed onNASDAQ
Incorporated inMissouri
Fiscal year endsJune 28
SEC categorysmaller reporting company
Data on record since2010

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