Ark Restaurants Corp. reported financial results for Q4 and fiscal year ending September 27, 2025.
Significant impact from ongoing litigation involving Bryant Park operations.
Positive performance in New York-New York Hotel and Casino, Rustic Inn, and Robert in NYC.
Negative EBITDA in Current Quarter
Q4 showed negative EBITDA of $1,071,000, down from $503,000 in the previous year, largely due to litigation expenses.
Net Loss
Net loss for current quarter was $(1,919,000) compared to $(4,457,000) in the previous year's quarter.
Revenue Decline
Total revenues for Q4 and fiscal year declined compared to the previous year.
EBITDA Performance
EBITDA for 52 weeks ended September 27, 2025, was $1,407,000, down from $6,128,000 in the previous year.
- The ongoing litigation and uncertain outcome affected revenue and cash flow.
- Challenges in the D.C. market impacted operations, but the company remains committed to the location.
- Positive performance in select properties balanced out revenue declines in other areas.
Despite challenges, Ark Restaurants Corp. remains resilient with a strong balance sheet supporting future growth opportunities.