Kura Sushi Usa (KRUS) FY2023 results: revenue $187 million, up 32.8% on the year
Kura Sushi Usa, Inc. (KRUS) reported revenue of $187 million for fiscal 2023, the year ended 31 August 2023, up 32.8% on the year before. Net income was $2 million, and diluted earnings per share $0.14. The figures are the company's own, from the 10-K it filed with the SEC on 9 November 2023.
Revenue
$187 million
+32.8% on the year
FY2018FY2023
Operating margin
0.2%
-0.5% a year earlier
FY2018FY2023
Net income
$2 million
FY2018FY2023
Diluted EPS
$0.14
FY2018FY2023
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
18.1
23.7
-7.1
-23.8%
Capital expenditure
39.1
26.8
14.1
+46.0%
Free cash flow
-21.0
-3.1
-21.2
Free cash flow margin
-11.2%
-2.2%
-32.7%
Cash from investing
-49.9
-28.2
-14.7
Cash from financing
65.8
-0.2
53.0
Depreciation and amortisation
7.8
5.6
4.5
+39.5%
Share-based compensation
3.5
2.4
1.4
+47.4%
Diluted shares, weighted
11m
10m
9m
+9.5%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
165
93.3
90.8
+76.5%
Debt
0.0
0.0
0.0
Operating lease liabilities
110
82.3
65.8
+34.0%
Finance lease liabilities
0.0
0.0
0.5
+3.3%
Other liabilities
29.8
25.8
20.4
+15.5%
Total liabilities and equity
305
201
178
+51.3%
Fixed assets
106
75.6
53.9
+40.8%
Investments
8.5
0.0
n/a
Cash and equivalents
69.7
35.8
40.4
+94.8%
Receivables
5.0
2.5
2.0
+103.1%
Inventory
1.7
1.1
0.7
+56.0%
Other assets
113
86.4
80.6
+31.0%
Total assets
305
201
178
+51.3%
10-K for the year ended 31 August 2023, filed 9 November 2023: the filing.