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MARKETS / NASDAQ / RAVE
NASDAQ · WHOLESALE-GROCERIES & RELATED PRODUCTS · SMALL CAP

Rave Restaurant Group, Inc. RAVE

15 fiscal years on record · USD · FY2024 reported · SEC filings only
$12.0M
▼ 0.9% YoY
$2.7M
▲ 9.3% YoY
$3.3M
▲ 20.6% YoY
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 12.0M
Revenue, FY2024 · full 15-year series below
Revenue $M Net income $M
FY2024 · Revenue 12.0 · Net income 2.7
20M40M-5M-10M20102012201420162018202020222024
Compound annual growth
+4.0%
+3.7%
−13.0%
−30.4%
−25.0%
+33.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +3.7% a year over five years.

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
FY2024 · Operating 30.1% · Net 22.4%
20%40%60%-20%-40%20102012201420162018202020222024
ROE
FY2024 · ROE 20.1%
50%-100%-200%-300%20102012201420162018202020222024

Each USD of equity produced 20 cents of profit this year.

Cash & shareholders
USD 1.2M
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF 3.3
2M-2M-4M20102012201420162018202020222024
Net buybacks $M Dividends $M
FY2024 · Dividends — · Net buybacks 1.2
2M4M-2M20202021202220232024

USD 1.2M in buybacks — 45% of the year's profit went back to shareholders.

Total assetsUSD 16.6M
EquityUSD 14.2M
CashUSD 2.9M
Current ratio6.61×

Equity funds 85% of total assets.

The 15-year record
15 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
Metric 202420232022202120202019201820172016201520142013201220112010
Revenue $B0.00.00.00.00.00.00.00.00.00.10.00.00.00.00.0
Operating income $B0.00.00.00.00.0−0.0−0.0−0.0−0.0−0.0−0.0··0.00.0
EBITDA $B0.00.00.00.00.0−0.0−0.0−0.0−0.0−0.0−0.0··0.00.0
Income tax $B0.00.00.0−0.0−0.00.0−0.0−0.00.00.0−0.0−0.0−0.00.00.0
Net income $B0.00.00.00.00.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.00.00.0
Free cash flow $B0.00.00.00.00.0−0.00.0−0.0·····0.00.0
EPS, diluted $0.190.170.100.450.09−0.28−0.050.13−1.18−0.86−0.18−0.17−0.150.010.17
Dividend / sh $···············
Payout %···············
ROE %20.121.413.683.848.7−171.5−14.090.6−341.1−66.8−13.4−19.2−41.55.323.2
Shares out B0.010.010.010.020.020.020.020.020.010.0110.260.018.190.010.01

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

Provenance
Company facts, as filed
How we verify · 0 failures in 60 reconciliationsAUDITED

Reconciled in 15 of 19 fiscal years. 25 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 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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