Various Eateries PLC ADR (VARE) AI Stock Analysis

• Market Cap: £20.13M
• Dividend Yield: N/A
• Average Volume (3M): 165.44K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.65
• Revenue Growth: 8.14%
• EPS Growth: 79.37%
• Country: UK
• Employees: 951
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Restaurants
• EPS (TTM): -0.01
• Shares Outstanding: 175,045,260
• 10 Day Avg. Volume: 435,225
• 30 Day Avg. Volume: 165,443
• PEG Ratio: 0.12
• Price to Book (P/B): 1.03
• Price to Sales (P/S): 0.61
• P/FCF Ratio: -15.09
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: 12.00p ▲(4.35% Upside)

The overall stock score of 49 reflects significant financial challenges, including persistent net losses and high leverage. Technical indicators suggest bearish momentum, and valuation metrics highlight profitability concerns. The lack of earnings call insights and corporate events further limits positive influences on the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates the company's ability to expand its market presence and attract more customers, which is crucial for long-term sustainability.

Gross Profit Improvement

Improved gross profit margin reflects enhanced operational efficiency, which can lead to better profitability and competitive positioning over time.

Strategic Focus on Debt Reduction

A focus on reducing debt and improving operational efficiency can enhance financial resilience, providing more flexibility for future growth initiatives.

Negative Factors

Persistent Net Losses

Ongoing net losses can hinder the company's ability to invest in growth opportunities and may strain financial resources, affecting long-term viability.

High Leverage

High leverage can increase financial risk and limit the company's ability to respond to market changes, potentially impacting long-term stability.

Negative Free Cash Flow

Negative free cash flow suggests that the company may struggle to fund operations and growth internally, relying on external financing, which could pose risks if market conditions change.

Various Eateries PLC ADR Business Overview & Revenue Model

Company Description

Various Eateries PLC, together with its subsidiaries, owns, develops, and operates restaurant and hotel sites in the United Kingdom. It operates in two segments, Restaurant and Hotel. The company operates two brands across 13 locations, which include Coppa Club, a multi-use, all-day concept that combines restaurant, terrace, café, lounge, bar, and workspaces; and Tavolino, a restaurant for Italian food. It is also involved in buying and selling of real estate properties. The company was founded in 2014 and is based in London, the United Kingdom.

How the Company Makes Money

Various Eateries PLC generates revenue primarily through the operation of its restaurant chains and dining venues. The company earns money from direct sales of food and beverages to customers, while also benefiting from ancillary revenue streams such as catering services, special events, and merchandise sales. Additionally, VARE may engage in strategic partnerships with suppliers for exclusive products and promotional collaborations, enhancing its market presence and profitability. The company's focus on brand development and effective marketing strategies further contributes to its earnings by attracting a loyal customer base and increasing foot traffic to its locations.

Various Eateries PLC ADR Financial Statement Overview

Summary

Various Eateries PLC ADR has shown commendable revenue growth and gross profit improvement, but persistent net losses highlight profitability concerns. The leverage remains high, posing financial risks. While cash flow from operations is positive, the reliance on external financing is noteworthy. Strategic focus on debt reduction and operational efficiency could strengthen financial health.

Income Statement

The company showed positive revenue growth over the years, with a revenue increase of 8.8% from 2023 to 2024. However, the net profit margin remains negative due to consistent net losses. Gross profit margin improved to 7% in 2024, suggesting better cost management. Nonetheless, the EBIT and EBITDA margins indicate underlying operational challenges.

Balance Sheet

The balance sheet shows a significant improvement in stockholders' equity, increasing to 29.5M in 2024. However, the debt-to-equity ratio remains high at 1.17, indicating considerable leverage. The equity ratio is 40%, reflecting moderate financial stability. Continued focus on reducing debt could enhance financial resilience.

Cash Flow

Operating cash flow improved slightly, but free cash flow remains negative, highlighting ongoing capital expenditures. The operating cash flow to net income ratio is unfavorable due to negative net income, indicating cash flow challenges. Positive financing cash flow indicates reliance on external financing to support operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	51.47M	49.49M	45.49M	40.67M	22.35M	16.47M
Gross Profit	4.72M	3.46M	1.90M	3.67M	1.62M	-1.05M
EBITDA	4.56M	4.58M	1.36M	-508.00K	1.88M	-9.61M
Net Income	-1.73M	-3.36M	-6.68M	-7.21M	-3.74M	-14.44M
Balance Sheet
Total Assets	70.33M	73.75M	66.64M	71.68M	70.50M	72.57M
Cash, Cash Equivalents and Short-Term Investments	6.02M	5.83M	1.90M	9.39M	19.72M	893.00K
Total Debt	33.47M	34.49M	44.85M	44.78M	37.41M	36.27M
Total Liabilities	42.72M	44.27M	55.30M	53.73M	46.17M	45.34M
Stockholders Equity	27.62M	29.49M	11.34M	17.95M	24.33M	27.23M
Cash Flow
Free Cash Flow	1.51M	-2.01M	-4.76M	-6.99M	-1.77M	-4.56M
Operating Cash Flow	5.21M	2.31M	2.08M	1.86M	3.29M	639.00K
Investing Cash Flow	-3.70M	-4.31M	-6.84M	-8.85M	-5.04M	-5.63M
Financing Cash Flow	-1.86M	5.93M	-2.73M	-3.33M	20.57M	4.05M

Various Eateries PLC ADR Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 11.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:VARE, the sentiment is Negative. The current price of 11.5 is below the 20-day moving average (MA) of 11.65, below the 50-day MA of 12.39, and below the 200-day MA of 12.41, indicating a bearish trend. The MACD of -0.22 indicates Negative momentum. The RSI at 15.26 is Positive, neither overbought nor oversold. The STOCH value of 87.50 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:VARE.

Various Eateries PLC ADR Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HVTA	69 Neutral	£8.34M	4.14	10.60%	1.72%	2.76%	40.57%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
COM	52 Neutral	£7.51M	-25.52	-19.96%	―	6.48%	88.46%
DPP	52 Neutral	£68.42M	-145.00	-1.36%	―	11.73%	85.29%
VARE	49 Neutral	£20.13M	-11.06	-6.15%	―	8.14%	79.37%
MEX	45 Neutral	£20.30M	-3.94	-9999.00%	―	12.39%	-627.32%
BOW	39 Underperform	£9.20M	-0.16	―	―	-26.54%	-164.52%

Various Eateries PLC ADR Corporate Events

Various Eateries PLC Issues Share Options to New Managing Director

Various Eateries PLC has issued 1,000,000 options over ordinary shares to Jon Falarczyk, the newly appointed Managing Director, as part of his remuneration package. The options, granted under the Company’s CSOP Share Scheme, vest in three equal tranches over three years, contingent on his continued employment, reflecting the company’s strategic focus on leadership stability and incentivization.

The most recent analyst rating on (GB:VARE) stock is a Hold with a £12.00 price target. To see the full list of analyst forecasts on Various Eateries PLC ADR stock, see the GB:VARE Stock Forecast page.

Various Eateries PLC Reports Record Profitability and Growth

Various Eateries PLC has reported a return to like-for-like growth and record profitability for the full-year period ending 28 September 2025, with revenue reaching £52.4 million, a 6% increase year-on-year, and adjusted EBITDA expected to be at least £1.1 million. The company attributes this success to operational optimizations, including improved workforce scheduling and menu enhancements, despite facing cost pressures from wage and insurance increases. The Group’s financial position is strong, with cash reserves of £8.0 million, and it is well-positioned for future growth, focusing on expanding its core brands and exploring new opportunities.

The most recent analyst rating on (GB:VARE) stock is a Hold with a £13.50 price target. To see the full list of analyst forecasts on Various Eateries PLC ADR stock, see the GB:VARE Stock Forecast page.