Estados financieros detallados de RAVE Restaurant Group, Inc. (RAVE): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
RAVE Restaurant Group, Inc. registró ingresos de $12.0M en el último ejercicio fiscal, con un CAGR de 5 años del 3.7%.
Márgenes de los últimos 12 meses: margen bruto 73.0%, margen operativo 28.4%, margen neto 23.2%.
Al precio actual de $2.85, RAVE cotiza a un P/E de 12.93 y un ROE del 19.21%. La capitalización bursátil es de $41M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $60.8M | $57.1M | $15.1M | $12.3M | $10.0M | $8.6M | $10.7M | $11.9M | $12.2M | $12.0M |
| Coste de Ventas | $56.9M | $54.1M | $6.3M | $4.9M | $3.5M | $2.7M | $3.3M | $4.0M | $3.7M | $3.4M |
| Beneficio Bruto | $3.9M | $3.0M | $8.8M | $7.4M | $6.5M | $5.9M | $7.4M | $7.9M | $8.5M | $8.6M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $7.2M | $7.7M | $7.6M | $5.3M | $5.6M | $4.7M | $5.4M | $5.5M | $5.3M | $5.2M |
| Gastos Operativos | $7.2M | $7.7M | $8.5M | $5.7M | $5.6M | $4.9M | $4.9M | $5.8M | $5.6M | $5.4M |
| Beneficio Operativo | -$3.4M | -$4.7M | $350000 | $1.7M | $982000 | $1.1M | $2.5M | $2.2M | $2.9M | $3.3M |
| EBITDA | -$3.1M | -$8.6M | $9000 | -$231000 | $982000 | $2.3M | $3.0M | $2.8M | $3.7M | $3.8M |
| Gastos por Intereses | $4000 | $106000 | $183000 | $104000 | $95000 | $92000 | $61000 | $1000 | 0 | 0 |
| Beneficio Antes de Impuestos | -$6.1M | -$12.1M | -$1.0M | -$801000 | -$155000 | $1.5M | $2.4M | $2.1M | $3.1M | $3.6M |
| Impuestos | $2.7M | $53000 | -$3.3M | -$51000 | $4.1M | -$29000 | -$5.7M | $537000 | $619000 | $918000 |
| Beneficio Neto | -$8.9M | -$12.5M | $1.9M | -$750000 | -$4.2M | $1.5M | $8.0M | $1.6M | $2.5M | $2.7M |
| BPA | $-0.80 | $-1.09 | $0.13 | $-0.05 | $-0.28 | $0.09 | $0.45 | $0.11 | $0.17 | $0.19 |
| BPA Diluido | $-0.77 | $-1.09 | $0.13 | $-0.05 | $-0.28 | $0.09 | $0.45 | $0.10 | $0.17 | $0.19 |
| Acciones en Circulación (Diluidas) | $11.6M | $11.5M | $15.0M | $15.1M | $15.1M | $18.1M | $18.0M | $15.9M | $14.6M | $14.6M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 |
|---|
| Ingresos | $3.2M | $3.2M | $3.0M | $3.2M |
| Beneficio Bruto | $2.3M | $2.2M | $2.3M | $2.4M |
| Beneficio Operativo | $1.1M | $752000 | $742000 | $965000 |
| EBITDA | $1.3M | $969000 | $862000 | $1.2M |
| Beneficio Neto | $847000 | $645000 | $637000 | $800000 |
| BPA | $0.06 | $0.05 | $0.04 | $0.06 |
| BPA Diluido | $0.06 | $0.05 | $0.04 | $0.06 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $1.1M | $451000 | $1.4M | $2.3M | $3.0M | $8.3M | $7.7M | $5.3M | $2.9M | $2.9M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $4.9M | $7.0M |
| Cuentas por Cobrar | $3.1M | $3.6M | $2.5M | $1.6M | $1.5M | $1.8M | $2.2M | $1.2M | $1.5M | $1.2M |
| Inventario | $197000 | $79000 | $6000 | $7000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $4.9M | $5.1M | $4.7M | $4.5M | $4.9M | $10.4M | $10.1M | $6.8M | $9.5M | $11.5M |
| Inmovilizado Material | $13.0M | $3.8M | $1.5M | $500000 | $3.9M | $2.5M | $2.0M | $1.5M | $999000 | $626000 |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | 0 | $239000 | $212000 | $196000 | $155000 | $183000 | $232000 | $328000 | $252000 | $182000 |
| Activos Totales | $18.5M | $9.5M | $11.0M | $10.4M | $9.7M | $13.3M | $18.5M | $14.2M | $15.8M | $16.6M |
| Cuentas por Pagar | $3.8M | $4.2M | $774000 | $400000 | $446000 | $644000 | $669000 | $502000 | $359000 | $207000 |
| Deuda a Corto | 0 | $1.0M | 0 | 0 | 0 | $1.8M | $30000 | 0 | 0 | 0 |
| Pasivos Corrientes | $5.5M | $6.7M | $2.0M | $2.4M | $2.5M | $4.5M | $2.9M | $2.2M | $2.0M | $1.7M |
| Deuda a Largo | 0 | $2.7M | $1.6M | $1.6M | $2.2M | 0 | 0 | 0 | 0 | 0 |
| Pasivos Totales | $9.1M | $11.6M | $4.7M | $6.0M | $9.2M | $7.6M | $5.1M | $3.8M | $3.1M | $2.4M |
| Reservas | $8.1M | -$4.4M | -$2.5M | -$4.5M | -$8.7M | -$7.2M | $826000 | $2.4M | $4.9M | $7.6M |
| Patrimonio Neto | $9.4M | -$2.1M | $6.3M | $4.4M | $503000 | $5.7M | $13.4M | $10.4M | $12.7M | $14.2M |
| Deuda Total | 0 | $3.7M | $1.6M | $1.6M | $6.3M | $4.2M | $1.9M | $1.4M | $957000 | $576000 |
| Deuda Neta | -$1.1M | $3.3M | $176000 | -$680000 | $3.3M | -$4.1M | -$5.8M | -$3.9M | -$6.9M | -$9.3M |
| Capital Circulante | -$627000 | -$1.6M | $2.8M | $2.1M | $2.4M | $5.8M | $7.2M | $4.6M | $7.5M | $9.8M |
Balance (Trimestral)
| Año | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 |
|---|
| Caja y Equivalentes | $2.9M | $1.4M | $624000 | $1.1M |
| Activos Totales | $16.6M | $17.0M | $17.5M | $18.6M |
| Pasivos Totales | $2.4M | $2.2M | $2.0M | $2.1M |
| Patrimonio Neto | $14.2M | $14.8M | $15.5M | $16.4M |
| Deuda Total | $576000 | $485000 | $408000 | $299000 |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$8.9M | -$12.5M | $1.9M | -$750000 | -$4.2M | $1.5M | $8.0M | $1.6M | $2.5M | $2.7M |
| Amortizaciones | $2.7M | $2.5M | $874000 | $466000 | $657000 | $700000 | $608000 | $651000 | $629000 | $237000 |
| Compensación en Acciones | $213000 | $58000 | $115000 | $36000 | -$104000 | $80000 | $169000 | $345000 | $149000 | $136000 |
| Cambio en Capital Circulante | $3.1M | -$1.6M | -$7.9M | -$1.3M | -$1.7M | -$353000 | -$1.7M | -$488000 | -$1.2M | -$626000 |
| Flujo de Caja Operativo | $1.9M | -$5.5M | -$3.9M | $659000 | -$360000 | $1.5M | $1.4M | $2.6M | $2.7M | $3.4M |
| Inversiones (CapEx) | -$8.1M | -$573000 | -$1.1M | -$81000 | -$56000 | -$286000 | -$162000 | -$234000 | -$76000 | -$56000 |
| Adquisiciones | $444000 | $999000 | $1.8M | $11000 | 0 | $1000 | 0 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 | -$512000 | -$5.0M | 0 | -$1.2M |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$6.2M | -$6.1M | -$5.0M | $578000 | -$416000 | $1.2M | $1.2M | $2.4M | $2.7M | $3.3M |
Flujo de Caja (Trimestral)
| Año | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 |
|---|
| Flujo de Caja Operativo | $1.2M | $608000 | $306000 | $1.1M |
| Inversiones (CapEx) | -$23000 | -$8000 | -$9000 | -$32000 |
| Flujo de Caja Libre | $1.2M | $600000 | $297000 | $1.1M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | -$42000 | $38000 | $62000 | $111000 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | -6.1% | -73.5% | -18.5% | -18.6% | -14.3% | +24.4% | +11.2% | +2.2% | -0.9% |
| Crecimiento Beneficio Neto (anual) | | -40.6% | +115.3% | -139.2% | -464.4% | +135.9% | +427.8% | -79.9% | +53.3% | +9.3% |
| Crecimiento BPA (anual) | | -36.3% | +111.9% | -138.3% | -462.2% | +131.4% | +412.5% | -75.6% | +54.5% | +11.8% |
| Cambio en Acciones (anual) | | -1.2% | +30.8% | +0.6% | +0.5% | +19.6% | -0.6% | -11.6% | -8.1% | -0.5% |
| Crecimiento FCF (anual) | | +0.7% | +18.6% | +111.6% | -172.0% | +388.2% | +1.9% | +96.0% | +11.2% | +25.3% |
| Margen Bruto | 6.4% | 5.2% | 58.3% | 60.2% | 65.2% | 69.1% | 69.3% | 66.7% | 69.9% | 71.8% |
| Margen Operativo | -5.5% | -8.3% | 2.3% | 13.6% | 9.8% | 12.3% | 23.2% | 18.1% | 24.2% | 27.1% |
| Margen EBITDA | -5.1% | -15.1% | 0.1% | -1.9% | 9.8% | 27.0% | 28.4% | 23.6% | 30.6% | 31.6% |
| Margen Neto | -14.6% | -21.9% | 12.6% | -6.1% | -42.2% | 17.7% | 75.0% | 13.6% | 20.4% | 22.4% |
| Margen FCF | -10.1% | -10.7% | -33.0% | 4.7% | -4.1% | 14.0% | 11.4% | 20.1% | 21.9% | 27.7% |
| Tasa Impositiva Efectiva | -44.8% | -0.4% | 317.0% | 6.4% | -2631.0% | -1.9% | -239.2% | 25.0% | 20.0% | 25.4% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-0.53 | $-0.53 | $-0.33 | $0.04 | $-0.03 | $0.07 | $0.07 | $0.15 | $0.18 | $0.23 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $11.1M | $11.5M | $14.4M | $15.1M | $15.1M | $17.3M | $18.0M | $15.3M | $14.4M | $14.5M |
Qué mirar en empresas de Consumer Cyclical
- Margen operativo medio 5a (Media del ciclo) — Mira la media del ciclo, no el año actual (pico o valle).
- Rotación de inventario (≥4x/año) — El retail sano rota inventario rápido. Una caída señala demanda débil.
- ROIC medio 5a (≥12%) — Cíclicas con ROIC medio >12% son ganadoras estructurales.
- Deuda neta / EBITDA (pico) (<3x en valle) — En cíclicas la deuda mata en recesión.
- Current Ratio (>1,5x) — Aguanta 12-18 meses sin caja operativa.
- Altman Z-Score (>2,99 seguro) — Modelo de bancarrota — clave en cíclicas sensibles a recesión.
Rentabilidad
| Rentabilidad sobre capital | 19.21% |
| Rentabilidad sobre capital invertido | 15.35% |
| Rentabilidad sobre activos | 15.76% |
| Margen bruto | 73.04% |
| Margen operativo | 28.36% |
| Margen neto | 23.19% |
Salud financiera
| Deuda / Patrimonio | 0.02 |
| Ratio corriente | 8.63 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -5.00 | -1.84 | 10.62 | -59.24 | -2.68 | 16.86 | 2.42 | 18.36 | 10.94 | 14.47 |
| P/VC | 4.73 | -11.07 | 3.16 | 10.03 | 22.58 | 4.47 | 1.46 | 2.98 | 2.12 | 2.82 |
| P/V | 0.73 | 0.40 | 1.32 | 3.61 | 1.13 | 2.98 | 1.83 | 2.60 | 2.21 | 3.31 |
| Margen Bruto | 6.4% | 5.2% | 58.3% | 60.2% | 65.2% | 69.1% | 69.3% | 66.7% | 69.9% | 71.8% |
| Margen Operativo | -5.5% | -8.3% | 2.3% | 13.6% | 9.8% | 12.3% | 23.2% | 18.1% | 24.2% | 27.1% |
| Margen Neto | -14.6% | -21.9% | 12.6% | -6.1% | -42.2% | 17.7% | 75.0% | 13.6% | 20.4% | 22.4% |