BT Brands, Inc.

BT Brands, Inc.

BTBDW
BT Brands, Inc.US flagNASDAQ Global Market
0.07
USD
+0.00
- -
442,207.00Market Cap
BT Brands, Inc.
BTBDW
(NASDAQ Global Market)

Recent

price

0.07

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
7
6
8
8
13
14
15
13
13
Sales/Revenue/Turnover
1.17
-1.24
8.82
11.6
-3.1
-9.82
-11.54
-2.91
-2.54
Operating Margin (%)
- -
- -
- -
- -
- -
1
1
1
1
Depreciation Expense
- -
- -
1
1
-1
-1
-2
-1
-1
Net Income, GAAP
39.75
- -
14.1
24.76
- -
- -
- -
- -
- -
Effective Tax Rate (%)
0.3
-7.2
9.71
7.19
-4.46
-6.3
-15.59
-5.1
-8.47
Profit Margin (%)
- -
- -
- -
12
7
6
4
5
4
Working Capital
4
3
3
3
4
4
4
3
3
LT Debt
-1
-1
-1
11
10
9
7
6
6
Total Equity
- -
- -
25.35
8.8
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
54.12
33.54
- -
- -
- -
- -
-467.13
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1
1
1
LT Borrowings
2
2
2
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
7
6
5
Cash, Cash Equivalents & STI
5
4
4
Accounts Receivable, Net
- -
- -
- -
Inventories
1
1
1
Total Current Liabilities
1
1
1
Payables & Accruals
- -
1
1
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-331.87%
-7.85%
Free Cash Flow
- -
-12.53%
-109.27%
Net Income, GAAP
- -
-13.54%
-70.24%
Sales/Revenue/Turnover
- -
12.13%
-9.02%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3
4
4
3
15
2025
3
4
4
3
13
2026
3
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
BT Brands, Inc. owns and operates quick-service restaurants primarily in the north central United States, featuring Burger Time fast-food outlets that serve 100% pure beef burgers, chicken sandwiches, pulled pork sandwiches, chicken tenders, chicken chunks, street tacos, sides including cheese curds and funnel fries, soft drinks, milk shakes, apple pie, and other desserts; a Dairy Queen franchise offering burgers, chicken, sides, ice cream, desserts, and beverages; Keegan's Seafood Grille in Indian Rocks Beach, Florida; Pie In The Sky Coffee and Bakery in Woods Hole, Massachusetts; and Village Bier Garten, a German-themed restaurant, bar, and entertainment venue in Cocoa, Florida. The company also holds a partial ownership stake in Bagger Dave's Burger Tavern, Inc., an affiliate operating fast-casual restaurants serving burgers, pizzas, fries, beers, milkshakes, salads, and related items in Michigan, Ohio, and Indiana. BT Brands, Inc., founded in 1987 and headquartered in West Fargo, North Dakota, employs approximately 180 people and targets consumers seeking affordable, quick-service dining options across these regions. In September 2025, BT Brands executed a definitive merger agreement with Aero Velocity, Inc., under which a wholly-owned subsidiary merges with Aero Velocity, positioning the latter as a wholly-owned subsidiary and shifting strategic focus toward drone technologies, AI-powered solutions, and contract drone manufacturing for government and commercial clients, with Aero Velocity shareholders expected to own about 89% of the combined entity on a fully diluted basis. This all-stock transaction, unanimously approved by both boards, includes an equity investment of $3 million to $5 million from Aero Velocity shareholders and follows BT Brands' exploration of strategic alternatives amid restaurant segment losses. Concurrently, the company's affiliate Bagger Dave's Burger Tavern negotiates divestiture of five of its six sites, anticipated to close in the third quarter of 2025 to enable repositioning for future growth, while BT Brands increased its at-the-market offering capacity to $3.57 million in November 2025 to support ongoing operations.