← KURA SUSHI USA, INC.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | $1.7m |
$1.5m
-16.42%
|
($17.4m)
-1292.17%
|
($10.3m)
+40.69%
|
($764k)
+92.58%
|
$1.5m
+296.60%
|
($8.8m)
-686.15%
|
($1.9m)
+78.37%
|
— | |
| Depreciation and amortization | $1.7m | $2.2m | $3.2m | $4.5m | $5.6m | $7.8m | $11.8m | $14.0m | $16.6m | |
| Bond premium amortization | — | — | — | — | — | — | — | $345k | — | |
| Stock-based compensation, net of amounts capitalized | $105k | $590k | $860k | $1.4m | $2.4m | $3.5m | $4.3m | $4.7m | $4.8m | |
| Stock-based compensation capitalized to property and equipment- net | $502k | ($10.7m) | ($14.4m) | ($14.1m) | ($26.8m) | ($39.1m) | $218k | $146k | $4.8m | |
| Impairment of long-lived assets | — | — | — | — | $0 | $0 | $1.6m | — | — | |
| Accounts and other receivables | — | ($427k) | $629k | ($264k) | ($131k) | ($353k) | ($1.8m) | ($2.1m) | — | |
| Inventories | ($115k) | ($155k) | $122k | ($366k) | ($387k) | ($627k) | ($472k) | $78k | ($267k) | |
| Accounts payable | $250k | $1.6m | ($614k) | $908k | ($172k) | $1.7m | $623k | $2.8m | $3.2m | |
| Accrued expenses and other current liabilities | $311k | $1.1m | ($1.0m) | $2.3m | $912k | ($336k) | $1.2m | ($718k) | — | |
| Prepaid expenses and other current assets | $66k | ($1.1m) | ($1.3m) | ($10.9m) | $11.5m | ($1.2m) | $1.1m | ($627k) | — | |
| Deposits and other assets | $53k | ($816k) | ($548k) | ($61k) | ($326k) | $146k | $336k | ($1.2m) | — | |
| Net cash provided by operating activities | $5.2m |
$6.0m
+14.30%
|
($13.0m)
-316.99%
|
($7.1m)
+45.05%
|
$23.7m
+431.57%
|
$18.1m
-23.76%
|
$15.6m
-13.57%
|
$24.7m
+58.28%
|
$27.8m
+12.50%
|
|
| Loss on disposal of property and equipment | $234k | ($10.7m) | $47k | $111k | $12k | $53k | $22k | $109k | — | |
| Payments for property and equipment | ($7.1m) | ($10.7m) | ($14.4m) | ($14.1m) | ($26.8m) | ($39.1m) | ($44.3m) | ($46.1m) | — | |
| Amounts unpaid for purchases of property and equipment | $57k | $142k | $2.2m | $1.1m | $1.9m | $1.6m | $2.8m | $3.2m | — | |
| Gain on short-term investments | — | — | — | — | — | $43k | — | — | — | |
| Purchases of investments | — | — | — | — | — | ($9.3m) | ($3.5m) | ($74.7m) | — | |
| Maturities and redemption of investments | — | — | — | — | — | $750k | $12.0m | $29.8m | — | |
| Net cash used in investing activities | ($6.6m) | ($11.3m) | ($14.8m) | ($14.7m) | ($28.2m) | ($49.9m) | ($36.5m) | ($93.7m) | ($51.5m) | |
| Proceeds from borrowings of debt | — | $3.9m | — | — | — | — | — | — | — | |
| Repayment of debt | — | ($3.9m) | — | — | — | — | — | — | ($68k) | |
| Net cash provided by financing activities | $4.2m |
$37.6m
+800.26%
|
($1.0m)
-102.67%
|
$53.0m
+5377.39%
|
($170k)
-100.32%
|
$65.8m
+38778.82%
|
$2.1m
-96.75%
|
$65.5m
+2966.26%
|
$973k
-98.52%
|
|
| Increase (decrease) in cash and cash equivalents | $2.8m | $32.3m | ($28.8m) | $31.2m | ($4.6m) | $33.9m | ($18.7m) | ($3.5m) | — | |
| Cash and cash equivalents, beginning of year | $5.7m | $38.0m | $9.3m | $40.4m | $35.8m | $69.7m | $51.0m | $47.5m | — | |
| Additional Supplementary Disclosures | ||||||||||
| Additional Supplementary Disclosures | ||||||||||
| Due from affiliate | $3k | ($222k) | $214k | ($317k) | $173k | $52k | ($62k) | $40k | — | |
| Salary and wages payable | $124k | $531k | $438k | $2.8m | $1.3m | $1.6m | $715k | $2.0m | — | |
| Operating lease liabilities | — | — | ($714k) | ($411k) | ($61k) | ($113k) | $206k | $6.7m | — | |
| Due to affiliate | $28k | ($38k) | ($35k) | $82k | $14k | $65k | $2k | $109k | — | |
| Sales tax payable | $60k | $152k | ($358k) | $680k | $371k | $335k | $314k | $288k | — | |
| Deferred rent and tenant allowances | $597k | $1.1m | — | — | — | — | — | — | — | |
| Payments for initial direct costs | — | — | ($319k) | ($436k) | ($510k) | ($550k) | ($432k) | ($513k) | — | |
| Payments for purchases of liquor licenses | ($15k) | ($529k) | ($58k) | ($156k) | ($896k) | ($1.7m) | ($275k) | ($2.2m) | — | |
| Proceeds from the initial public offering, net of discounts and commissions | — | $43.4m | — | — | — | — | — | — | — | |
| Payments of costs related to the initial public offering | — | ($4.8m) | — | — | — | — | — | — | — | |
| Repayment of principal on finance leases | ($824k) | ($1.0m) | ($1.0m) | ($1.0m) | ($975k) | ($498k) | ($75k) | ($51k) | — | |
| Taxes paid on vested restricted stock awards | $4k | $56k | $132k | $148k | ($154k) | $108k | ($280k) | ($346k) | — | |
| Proceeds from stock option exercises | — | — | $30k | $515k | $959k | $2.0m | $2.5m | $1.6m | — | |
| Proceeds from follow-on public offering, net of discounts and commissions | — | — | — | $54.1m | — | $64.9m | — | $64.6m | — | |
| Payments of costs related to the follow-on offering | — | — | — | ($606k) | — | ($600k) | — | ($272k) | — | |
| Cash paid for income taxes (net of refunds) | $4k | $56k | $132k | $148k | $206k | $108k | $265k | $257k | — | |
| Acquisition of finance leases | $1.7m | — | $101k | $27k | $34k | $61k | $34k | $172k | — |