RAVE RAVE RESTAURANT GROUP, INC.

Overview and Growth

In fiscal 2026, RAVE RESTAURANT GROUP, INC. recorded $12.91M of revenue, net income of $2.88M, and an operating cash inflow of $3.55M. Revenue of $12.91M sets the scale for evaluating how effectively sales translated into profit and cash during the year. Compared with $12.04M in fiscal 2025, revenue recorded a 7.2% year-over-year increase. The company reported diluted EPS of $0.20, adding a shareholder-level measure to the absolute income figures considered below. Against diluted EPS of $0.19 in fiscal 2025, the current result was 5.3% higher. The company employed $19.54M of total assets, the balance-sheet base supporting its current operating and cash-flow results. The revenue-to-assets relationship was 0.66x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

Operating income was $3.47M, the earnings remaining from reported operations after the company’s recognized operating cost structure. Operating margin measured 26.9%, showing the portion of revenue preserved after the full set of operating costs. The bottom-line result was net income of $2.88M, after the operating, financing, tax, and other items recognized for the period. Net margin was 22.3%, meaning that this portion of revenue remained as net income after all recognized expenses. Before income taxes, the company reported $3.88M of earnings, providing a bridge between the operating result and final net income. Measured against revenue, pretax income equaled 30.1%, adding a pre-tax profitability layer between revenue and net income. The reported income-tax provision was $1.01M, the amount recognized between pretax income and the final net-income result. Relative to pretax income, the tax provision measured 25.9%, quantifying the portion of pre-tax earnings paid in income tax. Net income equaled 16.6% of period-end equity, showing the earnings generated on shareholders’ book capital. Net income represented 14.7% of period-end assets, placing the company’s bottom-line result against the total resource base employed.

Liquidity and Capital Structure

Total assets were $19.54M, supported by $2.21M of liabilities and $17.33M of shareholder equity. At period end, current assets of $15.76M compared with current liabilities of $1.69M, defining the company’s short-term resource position. The current ratio was 9.31x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Reported cash and equivalents were $1.12M, separating immediately recognizable cash resources from the rest of the current-asset base. The cash balance equaled 66.3% of current liabilities, showing how much near-term coverage came from cash alone. Relative to total assets, liabilities measured 11.3%, complementing the separate equity-based view of the company’s capital structure. Measured against total assets, cash and equivalents represented 5.7%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 18.0% higher than fiscal 2025 assets of $16.56M, measuring the company’s own balance-sheet change. Against $14.15M of equity in fiscal 2025, the current book-equity balance moved 22.4% and ended higher.

Cash Flow and Earnings Quality

Cash flow from operations was $3.55M, a reported cash inflow that can be compared directly with net income and capital spending. Against net income, operating cash flow measured 1.23x, showing the relationship between accrual earnings and operating cash. Capital expenditures used $49.00K, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital expenditures represented 1.4% of operating cash flow, leaving the remainder available as free cash flow. The combination of operating cash flow and capital spending produced $3.50M of positive free cash flow for the period. The free-cash-flow margin was 27.1%, measuring cash remaining after capital spending against revenue. The free-cash-flow-to-assets relationship was 17.9%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Jun 28, 2026. Analysis generated Oct 21, 2026.