Financial Snapshot

Revenue
$171.8M
TTM
Gross Margin
18.86%
TTM
Net Earnings
-$3.603M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
177.79%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$162.5M
Q3 2024
Cash
Q3 2024
P/E
-283.9
Nov 08, 2024 EST
Free Cash Flow
-$19.17M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue $237.9M $187.4M $141.1M $64.89M $45.17M $64.25M $51.74M $37.25M
YoY Change 26.91% 32.84% 117.42% 43.67% -29.69% 24.16% 38.91%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue $237.9M $187.4M $141.1M $64.89M $45.17M $64.25M $51.74M $37.25M
Cost Of Revenue $142.8M $108.0M $60.39M $44.51M $49.73M $40.32M $30.56M
Gross Profit $44.60M $33.11M $4.501M $660.0K $14.51M $11.43M $6.690M
Gross Profit Margin 23.8% 23.47% 6.94% 1.46% 22.59% 22.09% 17.96%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $43.90M $33.33M $22.22M $18.72M $12.74M $9.280M $5.640M
YoY Change 31.71% 49.98% 18.72% 46.94% 37.28% 64.54%
% of Gross Profit 98.43% 100.68% 493.76% 2836.36% 87.8% 81.19% 84.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.80M $7.800M $5.600M $4.522M $3.160M $2.165M $1.675M $1.370M
YoY Change 51.28% 39.29% 23.84% 43.1% 45.96% 29.25% 22.26%
% of Gross Profit 17.49% 16.91% 100.47% 478.79% 14.92% 14.65% 20.48%
Operating Expenses $249.4M $187.1M $141.8M $22.62M $61.67M $62.58M $49.88M $5.660M
YoY Change 33.28% 31.9% 527.07% -63.32% -1.47% 25.47% 781.29%
Operating Profit -$11.51M $332.0K -$754.0K -$18.12M -$61.01M $1.661M $1.863M $1.030M
YoY Change -3565.36% -144.03% -95.84% -70.3% -3772.85% -10.84% 80.87%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Interest Expense $47.00K $69.00K $87.00K -$200.0K $310.0K -$140.0K $128.0K -$80.00K
YoY Change -31.88% -20.69% -143.5% -164.52% -321.43% -209.38% -260.0%
% of Operating Profit 20.78% -8.43% 6.87% -7.77%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$8.637M $1.735M -$690.0K -$10.19M -$16.18M $1.524M $1.747M $950.0K
YoY Change -597.81% -351.45% -93.23% -37.04% -1161.94% -12.76% 83.89%
Income Tax $167.0K $233.0K $74.00K $106.0K $1.174M $70.00K $10.00K $240.0K
% Of Pretax Income 13.43% 4.59% 0.57% 25.26%
Net Earnings -$8.804M $1.502M -$764.0K -$10.30M -$17.36M $1.456M $1.742M $710.0K
YoY Change -686.15% -296.6% -92.58% -40.69% -1292.17% -16.42% 145.35%
Net Earnings / Revenue -3.7% 0.8% -0.54% -15.87% -38.43% 2.27% 3.37% 1.91%
Basic Earnings Per Share -$0.79 $0.15 -$0.08 -$1.21 -$2.08 $0.28 $0.35
Diluted Earnings Per Share -$0.79 $0.14 -$0.08 -$1.207M -$2.08 $0.26 $0.34 $89.87K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $78.20M $35.78M $40.43M $9.300M $38.00M $5.700M $2.900M
YoY Change 118.55% -11.5% 334.73% -75.53% 566.67% 96.55%
Cash & Equivalents $69.70M $35.78M $40.43M $500.0K $1.000M $3.900M $2.500M
Short-Term Investments $8.500M $8.800M $37.00M $1.800M $400.0K
Other Short-Term Assets $4.200M $2.852M $13.96M $3.000M $1.800M $600.0K $700.0K
YoY Change 47.27% -79.57% 365.23% 66.67% 200.0% -14.29%
Inventory $1.700M $1.120M $733.0K $400.0K $500.0K $400.0K $300.0K
Prepaid Expenses
Receivables $2.486M $2.006M $2.100M $900.0K $500.0K $700.0K
Other Receivables $156.0K $342.0K $0.00 $300.0K $0.00 $0.00
Total Short-Term Assets $89.40M $42.40M $57.47M $14.80M $41.50M $7.300M $4.600M
YoY Change 110.87% -26.23% 288.3% -64.34% 468.49% 58.7%
Property, Plant & Equipment $210.3M $155.6M $118.0M $101.7M $31.90M $23.20M $17.00M
YoY Change 35.17% 31.8% 16.07% 218.81% 37.5% 36.47%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.500M $1.632M $1.306M $1.200M $3.000M $1.600M $1.600M
YoY Change -8.09% 24.96% 8.83% -60.0% 87.5% 0.0%
Total Long-Term Assets $215.3M $159.0M $120.2M $103.6M $34.90M $24.80M $18.60M
YoY Change 35.44% 32.25% 16.02% 196.85% 40.73% 33.33%
Total Assets $304.7M $201.4M $177.7M $118.4M $76.40M $32.10M $23.20M
YoY Change
Accounts Payable $7.200M $5.559M $4.920M $4.900M $3.700M $2.000M $1.800M
YoY Change 29.52% 12.99% 0.41% 32.43% 85.0% 11.11%
Accrued Expenses $21.30M $18.92M $13.95M $7.800M $3.000M $1.300M $900.0K
YoY Change 12.59% 35.6% 78.86% 160.0% 130.77% 44.44%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $100.0K $507.0K $932.0K $1.000M $1.000M $1.000M $700.0K
YoY Change -80.28% -45.6% -6.8% 0.0% 0.0% 42.86%
Total Short-Term Liabilities $29.10M $25.27M $20.05M $13.90M $8.300M $4.800M $3.900M
YoY Change 15.16% 26.05% 44.22% 67.47% 72.92% 23.08%
Long-Term Debt $0.00 $30.00K $546.0K $1.500M $2.400M $3.400M $2.900M
YoY Change -100.0% -94.51% -63.6% -37.5% -29.41% 17.24%
Other Long-Term Liabilities $110.8M $82.76M $66.23M $57.30M $3.500M $2.300M $1.700M
YoY Change 33.88% 24.96% 15.59% 1537.14% 52.17% 35.29%
Total Long-Term Liabilities $110.8M $82.79M $66.78M $58.80M $5.900M $5.700M $4.600M
YoY Change 33.83% 23.98% 13.57% 896.61% 3.51% 23.91%
Total Liabilities $140.0M $108.1M $86.83M $72.70M $14.20M $10.60M $8.500M
YoY Change 29.56% 24.46% 19.43% 411.97% 33.96% 24.71%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 11.20M 10.31M 9.719M 8.528M 8.338K 5.283K 5.000K
Diluted Shares Outstanding 11.20M 10.64M 9.719M 8.528M 8.338K 5.512K 5.050K
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.0229 Billion

About Kura Sushi USA Inc

Kura Sushi USA, Inc. engages in the operation of technology-enabled Japanese restaurants. The company is headquartered in Irvine, California and currently employs 3,219 full-time employees. The company went IPO on 2019-08-01. Kura Sushi is engaged in serving Japanese cuisine through a sushi service model. Kura Sushi menu comprises nigiri, rolls, hand roll, gunkan, sides, noodles, and desserts. Its nigiri includes seared eel with miso cream cheese, albacore otoro, garlic ponzu salmon, salmon toro and yellowtail. Its rolls include caterpillar roll, ikura norimaki, rainbow roll and shrimp avocado roll. Its hot rolls include avocado hand roll, spicy tuna hand roll, eel hand roll (soy paper) and vegetable hand roll (soy paper). Its gunkan includes ikura (salmon roe), real crab meat and tuna yukhoe. Its sides include chicken gyoza dumplings, fried takoyaki, softshell crab tempura and yellowtail cheek. Its noodles include beef udon, shoyu ramen and tonkotsu ramen. Its desserts include watermelon, vanilla ice cream and watermelon. The firm operates over 54 restaurants across 15 states and Washington, District of Columbia.

Industry: Retail-Eating Places Peers: Denny's Corp BJ's Restaurants Inc Brinker International Inc Cheesecake Factory Inc Dave & Buster's Entertainment Inc Dine Brands Global Inc First Watch Restaurant Group Inc McDonald's Corp Ruths Hospitality Group, Inc.