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Tortilla Mexican Grill Ltd.
(LSE:MEX)
Tortilla Mexican Grill Ltd. (MEX) vs. iShares MSCI United Kingdom ETF (EWC)
Tortilla Mexican Grill Ltd. Business Overview & Revenue Model
Tortilla Mexican Grill Ltd. Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 68.00M | 65.67M | 57.70M | 48.08M | 26.83M |
| Gross Profit | 52.10M | 50.79M | 44.09M | 38.28M | 20.78M |
| EBITDA | 7.65M | 8.87M | 6.71M | 9.78M | 1.68M |
| Net Income | -3.33M | -1.09M | -638.22K | 1.36M | 460.18K |
Balance Sheet | |||||
| Total Assets | 58.28M | 51.41M | 52.36M | 46.07M | 46.66M |
| Cash, Cash Equivalents and Short-Term Investments | 2.76M | 1.64M | 2.38M | 9.65M | 10.09M |
| Total Debt | 45.98M | 38.15M | 39.65M | 34.57M | 43.80M |
| Total Liabilities | 58.77M | 48.52M | 48.76M | 42.20M | 48.71M |
| Stockholders Equity | -485.98K | 2.89M | 3.59M | 3.87M | -2.05M |
Cash Flow | |||||
| Free Cash Flow | 5.51M | 5.40M | 943.43K | 8.93M | 2.78M |
| Operating Cash Flow | 10.51M | 9.94M | 7.59M | 11.72M | 4.18M |
| Investing Cash Flow | -6.27M | -4.50M | -8.33M | -2.79M | -1.40M |
| Financing Cash Flow | -3.13M | -6.16M | -6.53M | -9.36M | 1.71M |
Tortilla Mexican Grill Ltd. Technical Analysis
Tortilla Mexican Grill Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | £1.48B | 8.80 | 5.81% | ― | 1.95% | 275.56% | |
55 Neutral | £17.50M | -9.62 | -11.38% | ― | 8.14% | 79.37% | |
55 Neutral | £6.13M | -20.83 | -126.74% | ― | 6.48% | 88.46% | |
45 Neutral | £11.13M | 0.05 | 5143.27% | ― | -21.95% | ― | |
44 Neutral | £15.08M | ― | -277.22% | ― | 3.54% | -203.89% | |
44 Neutral | £77.86M | -165.00 | -1.63% | ― | 11.73% | 85.29% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
Tortilla Mexican Grill Ltd. Corporate Events
Tortilla Mexican Grill plc reported a strong performance for the first half of 2025, with revenue increasing to £35.4 million, a £3.9 million rise from the previous year. The company’s UK like-for-like revenue growth outperformed the industry benchmark, and its franchise network showed significant growth in the UK and UAE. The company is expanding its technological capabilities with self-ordering kiosks and is actively working on converting locations in France to its brand. Despite a loss in its French operations due to ongoing investments, the company remains optimistic about its growth strategy, including new openings in the UK and its first site in Abu Dhabi.
Tortilla Mexican Grill plc has announced a new £12.5 million financing arrangement with Santander UK plc, replacing its existing £10 million facility. This refinancing aims to support the company’s growth initiatives in the UK and Europe, particularly in France, where it plans to refurbish and rebrand sites under the Tortilla brand. Additionally, Maria Denny, the Chief Financial Officer, will step down, with Josie Whelan appointed as interim CFO. These changes are part of Tortilla’s strategy to strengthen its market position and expand its operations.
Tortilla Mexican Grill plc has announced the grant of nil cost options over ordinary shares to directors under its Long Term Incentive Plan 2021. This move is aimed at incentivizing key personnel by aligning their interests with the company’s performance targets, potentially impacting the company’s operational focus and stakeholder engagement.
Tortilla Mexican Grill Ltd. announced that all resolutions proposed at their Annual General Meeting were successfully passed. This includes the re-election of several directors and the appointment of new auditors, which indicates strong shareholder support and stability in the company’s governance. The approval of these resolutions is expected to positively impact the company’s operations and strategic direction, reinforcing its position in the competitive restaurant industry.
Tortilla Mexican Grill plc has published its 2024 Annual Report and Accounts along with the notice for its 2025 Annual General Meeting. The AGM is scheduled for June 19, 2025, at a new location in London. This announcement marks a continuation of Tortilla’s strategic growth and operational transparency, reinforcing its commitment to stakeholders and its position in the fast-casual dining industry.
Tortilla Mexican Grill plc announced its annual results for 2024, highlighting a strategic focus on rejuvenating UK operations and expanding into Europe through the acquisition of Fresh Burritos in France. The company reported a 3.5% revenue increase to £68.0m, driven by the acquisition and strong franchise contributions. Despite a marginal decline in group LFL sales, UK sales showed significant recovery. The integration of Fresh Burritos faced delays due to French planning approvals, but store conversions are expected to be completed by the end of 2025. The company’s strategic initiatives, including technology enhancements and brand revitalization, aim to drive growth and profitability.
Tortilla Mexican Grill PLC announced it will release its final results for the year ending December 29, 2024, on May 21, 2025. The company will host presentations for analysts and investors, highlighting its continued expansion and commitment to sustainability. This announcement underscores Tortilla’s strategic growth through acquisitions and franchise partnerships, positioning it as a significant player in the fast-casual dining industry.