FAT Brands Results Presentation Deck
ADJUSTED NET LOSS RECONCILIATION
I
FAT FRESH. AUTHENTIC. TASTY.
BRANDS
FAT Brands Inc. Adjusted Net Income (Loss) Reconciliation
(In thousands, except share and per share data)
Net loss
Refranchising loss
Acquisition costs
Litigation costs
Severance
Tax adjustments, net (1)
Adjusted net income (loss)
Net loss
Dividends on preferred shares
Adjusted net income (loss)
Dividends on preferred shares
Loss per basic and diluted share
Adjusted net income (loss) per basic and diluted share
June 25, 2023 June 26, 2022
$
$
$
$
$
$
$
Thirteen Weeks Ended
$
(7,091) $
179
6,924
1,036
1,907
2,955 $
(7,091) $
(1,615)
(8,706) $
2,955 $
(1,615)
1,340 $
(0.53) $
0.08 $
(8,188) $
453
134
4,308
June 25, 2023 June 26, 2022
146
(3,147) $
(8,188) $
(1,661)
(9,849) $
(3,147) $
(1,661)
(4,808) $
(0.60) $
(0.29) $
Weighted average basic and diluted shares outstanding
16,522,379
16,405,108
(1) Reflects the tax impact of the adjustments using the effective tax rate for the respective periods.
Twenty-Six Weeks Ended
(39,217) $
338
14,668
1,036
1,762
(21,413) $
(39,217) $
(3,381)
(42,598) $
(21,413) $
(3,381)
(24,794) $
(2.58) $
(1.50) $
16,521,590
(31,943)
1,001
383
7,264
526
(1,417)
(24,186)
(31,943)
(3,314)
(35,257)
(24,186)
(3,314)
(27,500)
(2.15)
(1.68)
16,396,896
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