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BT Brands (BTBD) AI Stock Analysis
BT Brands
(NASDAQ:BTBD)
BT Brands' overall score of 56 is heavily constrained by fundamental valuation weaknesses and ongoing revenue contraction, though it is partially supported by a clean balance sheet and stabilizing cash flow. The company's successful transition to positive free cash flow and low leverage mitigates immediate solvency risks, but persistent net losses highlight core operational challenges. Furthermore, highly overbought technical indicators suggest the stock's recent price action may be stretched, limiting immediate upside potential despite stable corporate governance.
BT Brands (BTBD) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $11.38M
- Dividend Yield
- ―
- Average Volume (3M)
- 30.03K
- Price to Earnings (P/E)
- -18.4
- Beta (1Y)
- 0.55
- Revenue Growth
- -11.44%
- EPS Growth
- 71.51%
- Country
- US
- Employees
- 179
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Restaurants
BT Brands Business Overview & Revenue Model
Company Description
BT Brands, Inc. operates as a quick-service restaurant company, with its primary operations centered in the north-central United States. Its portfolio includes nine Burger Time restaurants strategically located across Minnesota, North Dakota, and Sou...
How the Company Makes Money
BT Brands primarily makes money through restaurant-level sales generated at locations it owns and operates, where revenue is recorded from food and beverage transactions with customers. Key revenue streams typically include (1) in-store and drive-thr...
BT Brands Earnings Call Summary
The earnings call reflects a challenging year for BT Brands with a significant net loss. However, there are positive signs of growth and potential improvements in various segments like Keegan's and Burger Time locations. The company remains optimistic about future performance based on its strong financial position and strategic plans.
Q4-2023 Updates
Positive Updates
Negative Updates
Company Guidance
During the BT Brands earnings call for Q4 2023, Kenneth Brimmer outlined the company's financial performance and future strategy. The company reported a net loss of $887,368 on $14 million in sales, marking a 15% sales increase compared to the previous year. Brimmer attributed 35% of the loss to Bagger Dave's, with costs of $347,000. Additionally, legal and professional expenses tied to Noble Roman's board efforts amounted to over $100,000. Despite these setbacks, BT Brands holds $6.9 million in cash and aims to revamp its operations by divesting its Dairy Queen franchise and rebranding Bagger Dave's, projecting potential revenue growth to $12 million with an EBITDA margin target of 15%. Keegan's, another venture, aims to achieve $3.2 million in annual sales with 10% profitability, while the Village Bier Garten needs to surpass $30,000 weekly to maintain profitability. Overall, Brimmer expressed optimism for future profitability and growth through potential acquisitions and operational improvements.
BT Brands Financial Statement Overview
Summary
Financial performance is mixed, balancing a low debt-to-equity ratio of 0.26x and a positive transition to $183,208 in trailing free cash flow against significant top-line struggles. Declining revenues of $12.87 million and a negative net margin of -4.6% remain pressing concerns.
Income Statement
35NegativeBalance Sheet
60NeutralCash Flow
75Positive| Breakdown | TTM | Dec 2025 | Mar 2025 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.87M | 13.49M | 14.82M | 14.08M | 12.60M | 8.45M |
| Gross Profit | 2.63M | 3.88M | 3.09M | 3.02M | 3.62M | 2.78M |
| EBITDA | 144.13K | 42.49K | -1.26M | -336.22K | -178.48K | 1.21M |
| Net Income | -587.60K | -687.84K | -2.31M | -887.37K | -562.28K | 607.85K |
Balance Sheet | ||||||
| Total Assets | 10.48M | 10.75M | 12.00M | 14.61M | 16.77M | 14.51M |
| Cash, Cash Equivalents and Short-Term Investments | 4.43M | 4.44M | 4.27M | 6.69M | 8.14M | 12.39M |
| Total Debt | 1.66M | 1.76M | 4.05M | 4.38M | 5.64M | 3.00M |
| Total Liabilities | 4.14M | 4.33M | 5.03M | 5.42M | 6.62M | 3.88M |
| Stockholders Equity | 6.35M | 6.42M | 6.97M | 9.19M | 10.15M | 10.63M |
Cash Flow | ||||||
| Free Cash Flow | 183.21K | 111.95K | -1.22M | -747.17K | -266.60K | 606.03K |
| Operating Cash Flow | 324.74K | 284.88K | -723.50K | -258.79K | 211.80K | 813.96K |
| Investing Cash Flow | 1.01M | -1.06M | -2.18M | 4.71M | -11.04M | -207.92K |
| Financing Cash Flow | -304.64K | -329.72K | -440.85K | -1.30M | 590.70K | 10.46M |
BT Brands Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BTBD, the sentiment is Positive. The current price of 1.84 is above the 20-day moving average (MA) of 1.73, above the 50-day MA of 1.70, and above the 200-day MA of 1.45, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 57.36 is Neutral, neither overbought nor oversold. The STOCH value of 84.43 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BTBD.
BT Brands Peers Comparison
Overall Rating
RAVE71Outperform
BRCB57Neutral- BTBD56Neutral
GTIM48Neutral
REBN42Neutral
ARKR38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| RAVE | 71Outperform | $29.79M | 10.32 | 17.95% | ― | 7.23% | 8.40% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| BRCB | 57Neutral | $520.76M | 154.53 | 2.48% | ― | ― | ― |
| BTBD | 56Neutral | $10.98M | -18.40 | -8.98% | ― | -11.44% | 71.51% |
| GTIM | 48Neutral | $13.62M | 6.11 | 6.62% | ― | -5.81% | 78.41% |
| REBN | 42Neutral | $13.71M | -1.42 | -545.67% | ― | 145.21% | 57.82% |
| ARKR | 38Underperform | $18.07M | -5.69 | -9.79% | ― | -9.48% | 77.31% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| BTBD | Bt Brands Inc | 1.84 | -0.01 | -0.54% | |
| ARKR | Ark Restaurants Corp. | 5.01 | -2.09 | -29.44% | |
| GTIM | Good Times Restaurants | 1.29 | -0.10 | -7.19% | |
| RAVE | Rave Restaurant Group | 2.09 | -0.43 | -17.06% | |
| REBN | Reborn Coffee, Inc. | 1.59 | -0.28 | -14.97% | |
| BRCB | Black Rock Coffee Bar, Inc. Class A | 10.40 | -13.87 | -57.15% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 06, 2026