BT Brands, Inc. operates as a quick-service restaurant company, with its primary operations centered in the north-central United States. Its portfolio includes ...
BT Brands, Inc. (BTBD) is a multi-brand restaurant company built around operating quick-service and casual fast-food concepts in the North Central United States. The company’s core footprint centers on Burger Time restaurants, with a portfolio that (per the provided description) includes nine Burger Time locations spread across Minnesota, North Dakota, ...BT Brands, Inc. (BTBD) is a multi-brand restaurant company built around operating quick-service and casual fast-food concepts in the North Central United States. The company’s core footprint centers on Burger Time restaurants, with a portfolio that (per the provided description) includes nine Burger Time locations spread across Minnesota, North Dakota, and South Dakota. In addition to company operations of Burger Time, BT Brands also manages a Dairy Queen franchise location in Ham Lake, Minnesota, giving the business a small but recognizable second-brand revenue stream.
From a business-model perspective, BT Brands generates revenue primarily through restaurant operations: selling burgers and other prepared food items, alongside typical QSR add-ons such as sides and soft beverages. Burger Time menus feature burgers plus chicken and pulled pork sandwiches, while the Dairy Queen location offers the brand’s core categories (burgers/chicken items, sides, ice cream and other desserts, and drinks). These product categories typically share common cost drivers—food ingredients, packaging, labor, occupancy/rent, utilities, and point-of-sale/order fulfillment—making procurement and operational execution important for margin outcomes.
In terms of scale, the company is relatively small. The supplied data indicates roughly 28 full-time employees and approximately 179 total employees (including part-time roles), which is consistent with a restaurant operator that relies on shift-based staffing. The company’s operational structure also suggests that ongoing management attention is required across multiple locations to maintain consistent quality, speed of service, and cost control.
Financially, the provided financial snapshot (TTM) shows negative profitability metrics such as net profit margin (and related operating/EBIT margins) around -4% to -8%, reflecting losses at the restaurant operating level during the measured period. Liquidity indicators appear relatively strong (high current ratio and quick ratio in the provided ratios), and valuation multiples such as EV/Sales (~0.59) indicate the market has priced the business cautiously, consistent with its earnings performance.
Key management leadership is led by CEO Gary W. Copperud. Strategically, companies in this segment typically focus on same-store sales improvements, labor scheduling efficiency, food cost management, menu/offer optimization, and franchise/portfolio decisions that support cash generation. For BT Brands, near-term “wishes” and practical priorities would likely include stabilizing restaurant-level profitability, improving operating margins through cost controls, and sustaining the brand mix (Burger Time operations plus the Dairy Queen franchise) in a way that improves unit economics and shareholder value.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$13.5M
-9.0%
+24.9%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-687839
+70.2%
+176.8%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+28.8%
+38.1%
+315.6%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-2.9%
+74.8%
+140.3%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-5.1%
+67.3%
+161.5%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$111951
+109.2%
+217.8%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
+0.8%
+110.1%
+194.3%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
27.4%
-52.8%
-58.4%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
4.84x
+39.8%
+8.8%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.