Kura Sushi Usa (KRUS) FY2024 results: revenue $238 million, up 26.9% on the year
Kura Sushi Usa, Inc. (KRUS) reported revenue of $238 million for fiscal 2024, the year ended 31 August 2024, up 26.9% on the year before. Net income was -$9 million, and diluted earnings per share $-0.79. The figures are the company's own, from the 10-K it filed with the SEC on 8 November 2024.
Revenue
$238 million
+26.9% on the year
FY2018FY2024
Operating margin
-4.8%
0.2% a year earlier
FY2018FY2024
Net income
-$9 million
FY2018FY2024
Diluted EPS
-$0.79
FY2018FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
15.6
18.1
23.7
-13.6%
Capital expenditure
44.3
39.1
26.8
+13.3%
Free cash flow
-28.6
-21.0
-3.1
Free cash flow margin
-12.0%
-11.2%
-2.2%
Cash from investing
-36.5
-49.9
-28.2
Cash from financing
2.1
65.8
-0.2
-96.8%
Depreciation and amortisation
11.8
7.8
5.6
+50.5%
Share-based compensation
4.3
3.5
2.4
+21.5%
Diluted shares, weighted
11m
11m
10m
+5.3%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
163
165
93.3
-1.3%
Debt
0.0
0.0
0.0
Operating lease liabilities
131
110
82.3
+18.5%
Finance lease liabilities
n/a
0.0
0.0
Other liabilities
35.3
29.8
25.8
+18.7%
Total liabilities and equity
329
305
201
+7.8%
Fixed assets
139
106
75.6
+30.2%
Investments
0.0
8.5
0.0
Cash and equivalents
51.0
69.7
35.8
-26.8%
Receivables
4.6
5.0
2.5
-9.4%
Inventory
2.2
1.7
1.1
+27.0%
Other assets
132
113
86.4
+16.7%
Total assets
329
305
201
+7.8%
10-K for the year ended 31 August 2024, filed 8 November 2024: the filing.