Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 12.84M | 9.21M | 8.28M | 6.54M | 3.17M |
Gross Profit | 1.52M | 364.39K | 166.09K | 214.59K | -27.08K |
EBITDA | -1.31M | -2.23M | -2.72M | -1.42M | -271.70K |
Net Income | -2.67M | -3.04M | -3.49M | -1.63M | -450.13K |
Balance Sheet | |||||
Total Assets | 17.57M | 13.02M | 16.02M | 5.84M | 3.01M |
Cash, Cash Equivalents and Short-Term Investments | 1.24M | 1.46M | 6.51M | 1.09M | 0.00 |
Total Debt | 15.40M | 9.65M | 9.63M | 6.47M | 4.19M |
Total Liabilities | 17.32M | 10.37M | 10.38M | 8.15M | 4.39M |
Stockholders Equity | 255.40K | 2.65M | 5.64M | -2.32M | -1.37M |
Cash Flow | |||||
Free Cash Flow | 113.70K | -6.06M | -5.27M | -702.47K | -411.29K |
Operating Cash Flow | 875.22K | -4.59M | -3.80M | 194.14K | 133.94K |
Investing Cash Flow | -2.56M | -1.47M | -1.47M | -896.62K | -545.24K |
Financing Cash Flow | 1.47M | 1.39M | 10.69M | 1.79M | 333.17K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
75 Outperform | $63.86M | 15.35 | 6.48% | 1.60% | 9.38% | 14.76% | |
73 Outperform | $37.80M | 14.26 | 21.75% | ― | 2.93% | 20.81% | |
68 Neutral | $16.63M | 16.02 | 3.45% | ― | 4.21% | 73.81% | |
63 Neutral | kr10.74B | 16.47 | 4.75% | 2.98% | 1.66% | -9.87% | |
53 Neutral | $4.76M | 16.72 | 4.99% | ― | 3.95% | 1180.00% | |
50 Neutral | $31.34M | ― | -22.57% | 2.10% | -3.61% | -36.65% | |
48 Neutral | $940.00K | ― | -107.40% | ― | 41.82% | -8.84% |
On July 15, 2025, Yoshiharu Global Co. announced its decision to change its name to Vestand, Inc., marking its strategic shift from a restaurant operator to a diversified brand encompassing real estate development and digital asset ventures. This rebranding reflects the company’s intention to position itself as a leading PropTech player in the U.S. market, leveraging technological advancements such as Security Token Offering and AI-based technologies to enhance its real estate initiatives and fuel long-term growth.
On June 15, 2025, Yoshiharu Global Co. Class A announced the nomination of Jae-Eun Song as a director. Ms. Song, an experienced professional in hospitality and business operations, has over 15 years of experience and currently manages Bento Woman, Inc., a catering company. Her skills in leadership, team coordination, and customer relations are expected to contribute positively to the company’s operations and strategic direction.
Yoshiharu Global Co. will temporarily close all its restaurant locations for approximately three days starting June 13, 2025. This closure is to allow the new management team to review store operations, perform an internal audit, and update accounting systems, with normal operations expected to resume shortly.
On June 10, 2025, Yoshiharu Global Co. announced significant leadership changes, appointing Ji-Won Kim as the sole CEO and John Oh as CFO, while removing James Chae and Ryan Cho from their respective roles. The Board also appointed Young-Soo Choi as an independent director and made several committee appointments, enhancing the company’s governance structure. These changes reflect a strategic shift aimed at strengthening the company’s operational and financial management, potentially impacting its market positioning and stakeholder relations.
On May 22, 2025, Yoshiharu Global Co. announced the resignation of Sungjoon Chae from its Board of Directors, with no disagreements cited as the cause. The Board nominated Seongjin Kim as a director and Ji-Won Kim as a director and Co-Chief Executive Officer. Ji-Won Kim, with over 20 years in the food service industry, is expected to drive the company’s growth globally. Seongjin Kim brings significant legal expertise, particularly in risk management and investigations, which is seen as a valuable asset to the Board.
Yoshiharu Global Co. Class A held a Special Meeting where stockholders approved several key proposals, including amendments to the company’s charter and articles of incorporation. These amendments involve changes to the automatic conversion provisions of Class B shares and an increase in authorized capital stock from 50 million to 100 million shares. Additionally, stockholders approved a forward stock split and the election of board members Abe Lim, Jae-Hyo Seo, and Sungjoon Chae. These decisions, made on April 15, 2025, are expected to impact the company’s control structure and share distribution, aligning with Nasdaq Listing Rules and potentially affecting stakeholder interests.