ARK RESTAURANTS CORP ARKR
We are a New York corporation formed in 1983. As of the fiscal year ended September 27, 2025, we owned and/or operated 16 restaurants and bars, 12 fast food concepts and catering operations through our subsidiaries. Three of our restaurant and bar facilities are located in New York City, one is located in Washington, D.C., five are located in Las Vegas, Nevada, one is located in Atlantic City, New Jersey, four are located on the east coast of Florida and two are located on the Gulf Coast of Alabama.
Our restaurants are typically larger, destination properties intended to benefit from high patron traffic attributable to the uniqueness of the location and catered events. All of our expansion in recent years has been through acquisitions as follows: The Rustic Inn in Dania Beach, Florida (2014); Shuckers in Jensen Beach, Florida (2016); two Original Oyster Houses, one in Gulf Shores, Alabama and one in Spanish Fort, Alabama (2017), JB's on the Beach in Deerfield Beach, Florida (2019), and Blue Moon Fish Company (2021) in Lauderdale-by-the-Sea, Florida.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $165.8M | $183.5M | $184.8M | $183.7M | $131.9M | $106.5M | $162.4M | $160.0M | $153.9M | $150.6M |
| SG&A | $12.0M | $12.3M | $12.4M | $12.9M | $10.5M | $10.2M | $12.0M | $11.2M | $11.5M | $11.7M |
| Total operating expenses | $169.8M | $187.8M | $189.6M | $173.8M | $125.7M | $114.3M | $159.1M | $155.0M | $148.5M | $142.8M |
| Operating income | -$4.1M | -$4.3M | -$4.8M | $9.9M | $6.2M | -$7.8M | $3.2M | $5.0M | $7.0M | $7.8M |
| Interest expense | $414.0K | $621.0K | $1.2M | $1.2M | $1.2M | $1.4M | $1.4M | $1.2M | $753.0K | $416.0K |
| Pre-tax income | -$3.8M | -$4.6M | -$5.4M | $11.6M | $15.4M | -$9.0M | $1.9M | $3.9M | $6.4M | $7.6M |
| Income tax | $5.3M | $815.0K | $64.0K | $1.4M | $1.2M | $4.4M | $591.0K | $1.1M | $1.7M | $2.1M |
| Net income | -$11.5M | -$3.9M | -$5.9M | $9.3M | $12.9M | -$4.7M | $2.7M | $4.7M | $4.0M | $4.0M |
| EPS, basic | -3.18 | -1.08 | -1.65 | 2.61 | 3.67 | -1.34 | 0.77 | 1.35 | 1.18 | 1.18 |
| EPS, diluted | -3.18 | -1.08 | -1.65 | 2.58 | 3.58 | -1.34 | 0.76 | 1.31 | 1.14 | 1.15 |
| Shares, diluted (wtd. avg.) | $3.6M | $3.6M | $3.6M | $3.6M | $3.6M | $3.5M | $3.5M | $3.5M | $3.5M | $3.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $11.3M | $10.3M | $13.4M | $23.4M | $19.2M | $16.9M | $7.2M | $5.0M | $1.4M | $7.2M |
| Receivables | $2.0M | $3.5M | $3.3M | $3.2M | $4.1M | $1.7M | $2.6M | $3.5M | $3.4M | $3.8M |
| Inventory | $2.0M | $2.3M | $3.1M | $3.7M | $3.5M | $2.6M | $2.2M | $2.1M | $2.0M | $1.9M |
| Total current assets | $17.8M | $18.2M | $21.9M | $39.1M | $34.3M | $26.9M | $13.7M | $13.2M | $10.1M | $16.0M |
| Property, plant and equipment | $29.2M | $31.6M | $34.3M | $34.7M | $36.2M | $37.7M | $47.8M | $45.3M | $45.2M | $29.5M |
| Goodwill | $0 | $3.4M | $7.4M | $17.4M | $17.4M | $15.6M | $15.6M | $9.9M | $9.9M | $7.9M |
| Total assets | $133.5M | $156.0M | $177.0M | $209.5M | $161.2M | $153.3M | $94.7M | $84.7M | $80.1M | $68.3M |
| Total current liabilities | $23.2M | $28.9M | $27.9M | $34.9M | $31.7M | $30.1M | $18.1M | $17.8M | $26.2M | $16.7M |
| Long-term debt | — | — | — | — | — | $35.6M | — | — | $12.0K | $8.0K |
| Total liabilities | $101.4M | $112.4M | $125.2M | $149.4M | $109.8M | $116.2M | $51.9M | $41.0M | $37.6M | $25.6M |
| Retained earnings | $18.7M | $30.2M | $36.1M | $44.3M | $35.9M | $23.0M | $28.6M | $29.4M | $27.8M | $27.2M |
| Total equity | $32.7M | $44.1M | $51.7M | $60.1M | $51.5M | $37.2M | $42.7M | $43.7M | $42.4M | $42.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.8M | $4.7M | $8.4M | $20.3M | $9.3M | -$4.5M | $10.6M | $9.6M | $10.3M | $7.6M |
| Depreciation and amortisation | $3.1M | $4.0M | $4.2M | $4.2M | $3.6M | $3.9M | $5.1M | $5.0M | $4.1M | $4.5M |
| Stock-based compensation | $34.0K | -$919.0K | $314.0K | $298.0K | $280.0K | $176.0K | $112.0K | $47.0K | $0 | $286.0K |
| Capital expenditure | $3.2M | $2.5M | $3.9M | $2.7M | $2.1M | $2.5M | $3.4M | $5.1M | $13.9M | $2.2M |
| Investing cash flow | $3.4M | -$2.4M | $1.3M | -$7.8M | -$3.5M | -$2.5M | -$3.2M | -$5.0M | -$14.6M | -$3.0M |
| Financing cash flow | -$4.1M | -$5.4M | -$19.7M | -$8.3M | -$3.6M | $16.7M | -$5.3M | -$919.0K | -$1.5M | -$7.1M |
| Dividends paid | $0 | $2.0M | $2.3M | $894.0K | $0 | $1.8M | $3.5M | $3.4M | $2.6M | $3.4M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000779544-25-000055.
Others in SIC 5812
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| DRI | DARDEN RESTAURANTS INC | $24.74B | 20.9x | 9.4% |
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