Increase in Net Income Before Taxes
Net income before taxes increased to $578,918 for the quarter, up from $193,314 in 2024.
Revenue Growth
Total revenue increased by 6.8% for the quarter compared to last year.
Improved Margins in Craft Pizza & Pub
Margins at Craft Pizza & Pub increased to 12.8% from 7.9% a year ago.
Convenience Store Program Success
Margin contribution from the convenience store program increased by 14.8% over 2024, with a margin rate increase to 73.4% from 65.2%.
Adjusted EBITDA Growth
Trailing 12-month adjusted EBITDA increased to approximately $3,825,000 at the end of Q3, up from $3,501,000 at the end of Q2.
Expansion in Franchise Units
Opened 13 new franchise units this quarter, with expectations of 27 additional new units during Q4.
Cheese Prices Stabilized
Cheese prices are currently at the 10-year long-term average, providing relief from previous high prices.