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Yoshiharu Global Co. Class A
(NASDAQ:YOSH)
Yoshiharu Global Co. Class A (YOSH) vs. SPDR S&P 500 ETF (SPY)
Yoshiharu Global Co. Class A Business Overview & Revenue Model
Yoshiharu Global Co. Class A Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.90M | 12.84M | 9.21M | 8.28M | 6.54M | 3.17M |
| Gross Profit | 3.08M | 1.52M | 364.39K | 166.09K | 214.59K | -27.08K |
| EBITDA | -1.21M | -1.31M | -2.23M | -2.72M | -1.42M | -271.70K |
| Net Income | -3.31M | -2.67M | -3.04M | -3.49M | -1.63M | -450.13K |
Balance Sheet | ||||||
| Total Assets | 19.07M | 17.57M | 13.02M | 16.02M | 5.84M | 3.01M |
| Cash, Cash Equivalents and Short-Term Investments | 1.33M | 1.24M | 1.46M | 6.51M | 1.09M | 0.00 |
| Total Debt | 11.75M | 15.40M | 9.65M | 9.63M | 6.47M | 4.19M |
| Total Liabilities | 14.38M | 17.32M | 10.37M | 10.38M | 8.15M | 4.39M |
| Stockholders Equity | 4.69M | 255.40K | 2.65M | 5.64M | -2.32M | -1.37M |
Cash Flow | ||||||
| Free Cash Flow | -2.12M | 113.70K | -6.06M | -5.27M | -702.47K | -411.29K |
| Operating Cash Flow | -1.51M | 875.22K | -4.59M | -3.80M | 194.14K | 133.94K |
| Investing Cash Flow | -3.11M | -2.56M | -1.47M | -1.47M | -896.62K | -545.24K |
| Financing Cash Flow | 4.75M | 1.47M | 1.39M | 10.69M | 1.79M | 333.17K |
Yoshiharu Global Co. Class A Technical Analysis
Yoshiharu Global Co. Class A Risk Analysis
Yoshiharu Global Co. Class A Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $47.61M | 17.96 | 21.75% | ― | 2.93% | 20.81% | |
64 Neutral | $57.62M | 13.33 | 6.88% | 1.77% | 8.83% | 41.90% | |
61 Neutral | $17.70B | 12.60 | -3.90% | 3.04% | 1.52% | -15.30% | |
52 Neutral | $18.25M | 14.77 | 3.85% | ― | 1.84% | 12.10% | |
47 Neutral | $13.88M | 353.13 | 4.99% | ― | 3.95% | 1180.00% | |
46 Neutral | $25.53M | ― | -33.50% | 2.67% | -6.89% | -42.75% | |
39 Underperform | $940.00K | ― | -122.18% | ― | 30.39% | -6.37% |
Yoshiharu Global Co. Class A Corporate Events
On July 29, 2025, Yoshiharu Global Co. entered into a Convertible Note Subscription Agreement with Open Innovation Fund, securing a $4.4 million investment. This funding will support Yoshiharu’s expansion into real estate investment and development, marking a significant step in transitioning towards an asset-backed revenue model. The convertible note carries a 7% annual interest rate, a 3-year maturity, and is secured by a subordinated lien on any real property acquired with the proceeds. This strategic move aims to diversify Yoshiharu’s portfolio and strengthen its financial foundation, as the company restructures its core restaurant operations for improved profitability.
On July 25, 2025, Yoshiharu Global Co. announced its strategic transition to a PropTech company, changing its name to Vestand Inc. and securing $6 million in funding from U.S. and Korean investors. This transition marks a shift from a traditional restaurant operator to a diversified brand involved in real estate development and digital asset ventures. The company has also enhanced its internal control policy to ensure transparency and long-term growth. The strategic investment, executed in early 2024, supported corporate restructuring, debt repayment, and the acquisition of residential properties in California. Yoshiharu aims to raise an additional $30 million by 2027, targeting $100 million in real estate investments. Collaborating with Good Mood Studio, the company plans to deploy AI-powered valuation models and short-term buy-and-resell strategies, expecting significant returns. Additionally, an early investment in Wealthrail aims to create a next-generation real estate investment ecosystem.
On July 18, 2025, Yoshiharu Global Co. announced a 4-for-1 forward stock split for its Class A and Class B Common Stock. This move, set to take effect on July 31, 2025, aims to increase interest and liquidity in the company’s stock. The stockholders will receive three additional shares for each share held as of July 28, 2025, with the distribution occurring after market close on July 30, 2025. The stock will continue trading on Nasdaq under the symbol ‘YOSH’.
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.