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ARKR

Ark Restaurants Corp.

ARKR

Ark Restaurants Corp. • NASDAQ
$6.99 ▲ 0.29% (+0.02)
Market Cap $25.21 M
52w High $17.76
52w Low $6.38
Dividend Yield 0.75%
P/E -1.8
Volume 992
Outstanding Shares 3.61M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $43.715M ▲ $19.79M ▲ $-3.454M ▲ -7.901% ▲ $-0.96 ▲ $-2.06M ▲
Q2-2025 $39.725M ▼ $12.907M ▲ $-9.258M ▼ -23.305% ▼ $-2.57 ▼ $-2.902M ▼
Q1-2025 $44.988M ▲ $10.784M ▼ $3.164M ▲ 7.033% ▲ $0.88 ▲ $6.591M ▲
Q4-2024 $43.406M ▼ $21.043M ▲ $-4.457M ▼ -10.268% ▼ $-1.24 ▼ $-4.479M ▼
Q3-2024 $50.396M $18.788M $640K 1.27% $0.18 $1.974M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $-21K ▼ $136.34M ▼ $102.151M ▼ $34.67M ▼
Q2-2025 $11.124M ▼ $141.891M ▼ $104.34M ▼ $38.145M ▼
Q1-2025 $13.101M ▲ $154.64M ▼ $106.099M ▼ $47.343M ▲
Q4-2024 $10.273M ▼ $156.041M ▼ $112.4M ▼ $44.137M ▼
Q3-2024 $11.467M $166.533M $117.285M $48.935M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-3.195M ▲ $1.853M ▲ $36K ▲ $-688K ▲ $1.201M ▲ $1.033M ▲
Q2-2025 $-9.144M ▼ $612K ▲ $-269K ▼ $-2.32M ▼ $-1.977M ▼ $290K ▲
Q1-2025 $5.075M ▲ $-1.346M ▼ $4.895M ▲ $-721K ▲ $2.828M ▲ $-1.977M ▼
Q4-2024 $-5.035M ▼ $728K ▼ $-1.188M ▼ $-734K ▲ $-1.194M ▼ $-482K ▼
Q3-2024 $899K $3.16M $-608K $-1.497M $1.055M $2.537M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Food and Beverage
Food and Beverage
 $40.00M ▲$40.00M ▲$40.00M ▲$40.00M ▲
Other Revenue
Other Revenue
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has settled into a fairly steady range after the post‑pandemic rebound, but profits are thin and quite volatile. Gross margins have swung around, with a recent period of noticeable margin pressure that suggests higher labor and food costs, or discounting to keep traffic up. Operating profit is small but generally positive, yet net results have flipped between modest profits and losses, with the latest year roughly around break‑even but still showing a loss per share. That pattern points to a business that is fundamentally viable but highly sensitive to cost inflation, lease terms, and changes in guest volumes at a relatively small scale.

Balance Sheet

Balance Sheet The balance sheet is compact, with a modest asset base and only a small cash cushion. Debt sits at a meaningful level compared with the company’s equity, and leverage has crept higher as equity has edged down. That combination leaves less room to absorb unexpected shocks or fund large new projects without outside financing. Assets overall have been fairly stable, which suggests the company has not taken on major new expansions recently and is focused more on operating and refining the existing portfolio than on aggressive growth.

Cash Flow

Cash Flow Cash generated from day‑to‑day operations is positive but not especially strong, and it has softened a bit in the most recent period. Capital spending has been kept very low, which helps keep free cash flow slightly positive, but also underscores a cautious approach to new investment. In practical terms, Ark can cover its ongoing needs from its own cash generation, yet it has limited internal capacity for big acquisitions, large remodels, or rapid expansion without drawing on credit or other capital sources.

Competitive Edge

Competitive Edge Ark’s edge is built around “place” rather than a single brand. It operates restaurants, bars, and event spaces in iconic, high‑traffic locations where it can be hard for competitors to gain a foothold: parks, waterfronts, museums, and casinos. These settings create destination dining and events businesses with built‑in foot traffic and some natural protection from direct competition. The portfolio is also conceptually diverse, spanning upscale venues, casual outlets, and casino food and beverage operations, which helps spread risk across different customer segments. On the other hand, the company’s small size, dependence on tourism and event activity, and exposure to individual high‑profile leases (like Bryant Park) mean its position is not as durable as that of large national chains with widely recognized brands and broader geographic spread.

Innovation and R&D

Innovation and R&D Innovation at Ark is practical rather than high‑tech. Management focuses on securing and improving prime locations, fine‑tuning menus and concepts, and extracting more value from existing spaces through catering and events. They have modernized their web presence with standardized, centrally managed sites and are exploring automation as a way to control labor and operating costs, though this still appears early‑stage. Strategic moves tend to center on acquiring established restaurants, especially where real estate can be owned, and on rebranding or repositioning underperforming venues. Overall, the “R&D” here is about real‑estate strategy, operational tweaks, and selective concept refreshes rather than large technology bets.

Summary

Ark Restaurants is a mature, niche restaurant operator built around unique, high‑barrier locations rather than mass‑market chains. Financially, it shows stable revenue but very slim and choppy profitability, with recent years highlighting how exposed it is to cost pressures and swings in guest traffic. The balance sheet and cash flows support ongoing operations but offer limited excess capacity for major growth initiatives without additional funding. Strategically, the company’s strength lies in its destination venues, casino partnerships, and event‑driven business, which can be attractive but also concentrate risk in specific leases, tourist flows, and legal or regulatory outcomes. Looking ahead, key themes include management’s ability to protect and optimize its flagship locations, manage labor and food costs (possibly with some automation), navigate lease disputes, and selectively pursue acquisitions or new venues, particularly in growth regions like the South. Overall risk and uncertainty remain meaningful given the company’s size, leverage, and reliance on a relatively small set of high‑profile properties.