FAT — Stock Film
STOCK FILMSCENE 1/11FAT · $0.16
Stock Expert AI presents
FAT
FAT Brands Inc
~4 min film100% real numbers0 jargon
WHAT DOES THIS COMPANY DO?
FAT Brands Inc. A quick introduction.

On the stock market since 2017, it operates in the world of consumer spending. It has 2,089 employees. Now — the numbers.

on the stock market since 2017
2,089 employees
$3M market value
Revenue last year:
$0
The loss that same year:
$0
For every $1 it earns, the company spends $1.3.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

WHERE DOES THE MONEY COME FROM?
70%Restaurant Sales
Restaurant Sales 70%Royalty 15%Advertising 7%Factory 6%Franchisor 1%Other 1%
70% of all revenue comes from a single line: Restaurant Sales.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

THE SALES TREND
Sales are growing, year after year.

Average growth of 139% a year over the last 4 years. Red columns mark years that ended in a loss.

$18.1M
2020
$118.9M
2021
$407.2M
2022
$480.5M
2023
$592.7M
2024
In the vault right now:
$0
DEBT: $1.5B
At this pace, that money lasts less than a year.

Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.

THE COUNCIL REVIEW
9

angles, checked one by one.

The 2 that stand out are on screen; the rest came back neutral.

The council scores out of 10; report-card grades are out of 100.

WEAK SPOTS
The stock has lost its spark0/10
Costs eat into the margin4/10
WORTH WATCHING

Cost Efficiency: As sales grow, profit fails to keep the same pace.

THE FIVE-YEAR JOURNEY
A long and steep decline.

An investor who bought at the very peak is down 98% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/3
Sales keep climbing

Over the last 3 years, sales grew about 71% a year on average.

2
THE BRIGHT SIDE · 2/3
Sales are holding up

The company sells $592.7M a year; the problem isn’t sales — it’s costs running above that number.

3
THE BRIGHT SIDE · 3/3
Executives are buying their own stock

Over the last 12 months, company executives reported 30 buys and 0 sells. Management buying with its own money is usually read as a good sign.

1
THE RISKS · 1/3
The losses continue

A loss of $189.8M against $592.7M in annual sales.

2
THE RISKS · 2/3
Trading under $1

The stock sits at $0.16. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.

3
THE RISKS · 3/3
The cash has a countdown

At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.

FINALE · THE GRADE
C
0 / 100 · MoonshotScore

On our five-subject report card, FAT sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.

The takeaway: FAT has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.

What would you like to do next?
Open the stock page →
This was a film — not investment advice.
Data: FMP & company filings
Aug 21, 2026 · stockexpertai.com · Stock Film