GEN Restaurant Group, Inc. (GENK) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
11480 SOUTH ST. CERRITOS, CA 90703 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 5812 - Eating Places (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024 | 12/31/2023 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 32,631 | |||
| Cash and cash equivalent | 32,631 | |||
| Receivables | ||||
| Inventory, net of allowances, customer advances and progress billings | 461 | |||
| Inventory | 461 | |||
| Other undisclosed current assets | 3,726 | |||
| Total current assets: | 36,818 | |||
| Noncurrent Assets | ||||
| Operating lease, right-of-use asset | 99,255 | |||
| Property, plant and equipment | 33,907 | |||
| Long-term investments and receivables | 523 | |||
| Long-term investments | 523 | |||
| Intangible assets, net (including goodwill) | ||||
| Goodwill | ||||
| Deferred income tax assets | 12,618 | |||
| Other noncurrent assets | 749 | |||
| Total noncurrent assets: | 147,052 | |||
| TOTAL ASSETS: | 183,870 | |||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 13,406 | |||
| Accounts payable | 10,704 | |||
| Accrued liabilities | 2,702 | |||
| Debt | 289 | |||
| Other liabilities | 5,366 | |||
| Other undisclosed current liabilities | 12,242 | |||
| Total current liabilities: | 31,303 | |||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation | 4,548 | |||
| Long-term debt, excluding current maturities | 4,547 | |||
| Finance lease, liability | 1 | |||
| Liabilities, other than long-term debt | 110,501 | |||
| Operating lease, liability | 110,501 | |||
| Other undisclosed noncurrent liabilities | ||||
| Total noncurrent liabilities: | 115,049 | |||
| Total liabilities: | 146,352 | |||
| Equity | ||||
| Equity, attributable to parent | 7,434 | |||
| Additional paid in capital | 7,112 | |||
| Retained earnings | 322 | |||
| Equity, attributable to noncontrolling interest | 28,552 | |||
| Other undisclosed equity | 32 | |||
| Total equity: | 36,018 | |||
| Other undisclosed liabilities and equity | 1,500 | |||
| TOTAL LIABILITIES AND EQUITY: | 183,870 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 | 12/31/2023 | ||
|---|---|---|---|
| Revenues | 181,007 | ||
| Cost of revenue (Cost of Product and Service Sold) | (58,322) | ||
| Gross profit: | 122,685 | ||
| Operating expenses | (172,917) | ||
| Other undisclosed operating income | 58,322 | ||
| Operating income: | 8,090 | ||
| Interest and debt expense | (617) | ||
| Income from continuing operations before equity method investments, income taxes: | 7,473 | ||
| Income (loss) from equity method investments | 535 | ||
| Other undisclosed income from continuing operations before income taxes | 3,447 | ||
| Income from continuing operations before income taxes: | 11,455 | ||
| Income tax expense | (21) | ||
| Net income: | 11,434 | ||
| Net loss attributable to noncontrolling interest | (3,028) | ||
| Net income attributable to parent: | 8,406 | ||
| Other undisclosed net loss available to common stockholders, basic | (8,082) | ||
| Net income available to common stockholders, diluted: | 324 | ||
Comprehensive Income ($ in thousands)
| 12/31/2024 | 12/31/2023 | ||
|---|---|---|---|
| Net income: | 11,434 | ||
| Comprehensive income: | 11,434 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (3,028) | ||
| Comprehensive income, net of tax, attributable to parent: | 8,406 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.