Yoshiharu reports FY24 EPS ($1.98) vs. ($2.29) last year

Reports revenue $12.8M vs. $9.2M last year. James Chae, Yoshiharu’s (YOSH) President, CEO and Chairman of the Board, commented, “Operationally, we recently took the opportunity to strengthen our balance sheet and, as a result, are now in compliance with Nasdaq’s minimum stockholders’ equity requirement and our security will continue to be listed and traded on The Nasdaq Stock Market. The new financing commitments of $3.56 million from multiple parties and conversion of $2.5 million in debt to equity provides additional momentum in the months to come as we execute on our growth initiatives.”