7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 
      
    		                
      cash flows from operating activities:
    		                
      net income
    		27,283,000 38,357,000 22,480,000 6,367,000 21,712,000 22,156,000 16,215,000 -3,769,000 13,401,000 9,711,000 -9,391,000 -2,817,000 1,594,000 -1,751,000 -16,279,000 -8,678,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                
      depreciation and amortization
    		29,066,000 27,893,000 26,430,000 25,521,000 23,881,000 22,350,000 21,253,000 19,724,000 18,116,000 16,516,000 14,779,000 13,197,000 11,810,000 10,539,000 9,182,000 7,490,000 
      non-cash interest expense
    		129,000 228,000 278,000 279,000 278,000 278,000 278,000 278,000 246,000 181,000 182,000 182,000 180,000 182,000 147,000 67,000 
      (gain) loss on disposal of assets
    		          -232,000 -75,000     
      loss on extinguishment of debt
    		0               0 
      equity-based compensation
    		4,648,000 4,671,000 4,194,000 3,262,000 2,961,000 3,326,000 1,933,000 10,205,000 9,698,000 10,149,000 9,170,000 10,662,000 10,649,000 10,446,000 9,900,000 9,955,000 
      deferred income taxes
    		7,309,000 6,355,000 985,000 86,000 3,649,000 3,291,000 8,395,000 346,000 1,536,000 1,918,000 2,146,000 4,835,000 -3,762,000 516,000 -511,000 -1,083,000 
      remeasurement gain on tras
    		   1,440,000 0 0 -5,687,000 -898,000 415,000 -861,000 -1,294,000      
      non-cash operating lease cost
    		5,393,000 4,931,000 4,635,000 4,431,000 4,249,000 3,765,000 3,320,000 3,050,000 2,876,000        
      changes in operating assets and liabilities:
    		                
      accounts receivable
    		-770,000 -1,898,000 -1,037,000 -236,000 1,976,000 -679,000 -2,535,000 12,000 243,000 -601,000 3,188,000 2,449,000 -345,000 -1,200,000 -2,226,000 375,000 
      inventories
    		-2,876,000 -4,194,000 -1,737,000 1,893,000 8,270,000 -1,258,000 1,560,000 3,343,000 -2,688,000 -3,651,000 -4,728,000 -5,516,000 -859,000 -5,927,000 -3,515,000 -4,850,000 
      prepaid expenses and other current assets
    		715,000 1,293,000 792,000 -5,176,000 1,815,000 596,000 483,000 -3,832,000 1,942,000 565,000 -3,450,000 588,000 -3,252,000 -935,000 2,904,000 -1,646,000 
      other long-term assets
    		-7,907,000 606,000 -2,240,000 1,340,000 -591,000 -222,000 84,000 -34,000 389,000 -584,000 -349,000 -14,000 1,000 2,000 1,158,000 -1,000 
      accounts payable
    		1,619,000 538,000 -1,026,000 422,000 -1,618,000 -3,445,000 8,299,000 474,000 842,000 2,125,000 462,000 -2,361,000 2,968,000 1,131,000 -132,000 -3,623,000 
      accrued compensation and benefits
    		7,744,000 8,818,000 -17,084,000 10,672,000 7,264,000 8,781,000 -8,344,000          
      other accrued liabilities
    		12,891,000 -23,000 -1,097,000 797,000 8,540,000 496,000 768,000          
      other current liabilities
    		247,000 66,000 7,041,000 1,105,000 89,000 260,000 -810,000 723,000 110,000 212,000 -561,000 1,414,000 341,000 -186,000 -193,000 1,428,000 
      deferred revenue
    		1,437,000 3,577,000 -3,187,000 8,778,000 3,585,000 3,097,000 -1,602,000 9,087,000 -318,000 337,000 -3,535,000 -2,493,000 2,290,000 3,238,000 332,000 6,282,000 
      other long-term liabilities
    		0           -651,000 -5,000 -8,000 -8,000 108,000 
      operating lease liabilities
    		2,135,000 -2,117,000 -2,601,000 -651,000 -1,986,000 -2,492,000 -2,416,000 -1,496,000 -2,659,000 -2,408,000 -2,576,000 -2,922,000 -2,465,000 -2,123,000 -2,212,000  
      net cash from operating activities
    		89,125,000 89,897,000 36,884,000 62,237,000 83,466,000 59,536,000 41,193,000 45,009,000 49,063,000 42,766,000 3,077,000 17,115,000 26,055,000 17,469,000 -756,000 8,071,000 
      capex
    		-70,205,000 -54,211,000 -45,551,000 -42,769,000 -57,059,000 -64,448,000 -57,462,000 -60,725,000 -65,425,000 -59,024,000 -43,283,000 -53,246,000 -50,778,000 -43,874,000 -39,982,000 -44,323,000 
      free cash flows
    		18,920,000 35,686,000 -8,667,000 19,468,000 26,407,000 -4,912,000 -16,269,000 -15,716,000 -16,362,000 -16,258,000 -40,206,000 -36,131,000 -24,723,000 -26,405,000 -40,738,000 -36,252,000 
      cash flows from investing activities:
    		                
      purchases of property and equipment
    		-70,205,000 -54,211,000 -45,551,000 -42,769,000 -57,059,000 -64,448,000 -57,462,000 -60,725,000 -65,425,000 -59,024,000 -43,283,000 -53,246,000 -50,778,000 -43,874,000 -39,982,000 -44,323,000 
      proceeds from disposal of fixed assets
    		0 8,000 23,000 60,000 936,000   906,000 22,000 9,000 240,000 85,000 0 1,262,000 12,000 15,000 
      net cash from investing activities
    		-70,205,000 -54,203,000 -45,528,000 -42,709,000 -56,123,000 -55,778,000 -57,462,000 -59,819,000 -65,403,000 -59,015,000 -43,043,000 -53,161,000 -50,778,000 -42,612,000 -46,021,000 -44,308,000 
      cash flows from financing activities:
    		                
      payments on finance lease liabilities
    		-4,155,000 -3,711,000 -3,400,000 -2,815,000 -3,233,000 -2,399,000 -2,094,000 -1,876,000 -3,507,000 -3,680,000 -3,369,000      
      proceeds from long-term debt
    		0 200,000,000 50,000,000 0 0 0 150,000,000     0 0   0 
      payments on long-term debt
    		-968,000 -280,968,000 -3,780,000 -3,155,000 -3,154,000 -3,154,000 -1,590,000 -662,000 -650,000 -650,000 -651,000 -649,000 -648,000 -651,000 -34,000 -51,000 
      payments of debt issuance costs
    		0       0    0 0 0 -2,749,000 0 
      tax withholding payments upon vesting of equity awards
    		-1,017,000 0 -11,018,000 -137,000 -57,000 -2,000 -873,000 0 0 0 -1,896,000 0 0 0 -3,900,000  
      distributions to non-controlling interest holders
    		0   -1,201,000             
      payments under tax receivable agreements
    		0 -4,627,000 -71,000              
      net cash from financing activities
    		-6,140,000 -97,720,000 31,731,000 -7,308,000 -7,131,000 -5,555,000 145,443,000 -1,431,000 142,409,000 25,670,000 34,084,000 21,657,000 37,997,000 19,682,000 55,025,000 28,880,000 
      net increase in cash and cash equivalents
    		12,780,000 -62,026,000 23,087,000 12,220,000 20,212,000 -1,797,000 129,174,000 -16,241,000 126,069,000 9,421,000 -5,882,000 -14,389,000 13,274,000 -5,461,000 8,248,000 -7,357,000 
      cash and cash equivalents, beginning of period
    		0 0 293,354,000 0 0 0 133,545,000 0 0 0 20,178,000 0 0 0 18,506,000 0 
      cash and cash equivalents, end of period
    		12,780,000 -62,026,000 316,441,000 12,220,000 20,212,000 -1,797,000 262,719,000 -16,241,000 126,069,000 9,421,000 14,296,000 -14,389,000 13,274,000 -5,461,000 26,754,000 -7,357,000 
      supplemental disclosure of cash flow information
    		                
      interest paid
    		9,042,000   9,978,000             
      income taxes paid
    		10,000                
      supplemental disclosure of noncash investing and financing activities
    		                
      additions of property and equipment accrued as of end of period
    		-2,295,000   -520,000             
      gain on disposal of assets
    		 -5,000 58,000 96,000 -608,000 -764,000 -1,000 222,000 -21,000     -556,000 290,000  
      non-cash donation expense
    		                
      changes in operating assets and liabilities, net of acquisitions:
    		                
      acquisition of shops from franchisees
    		           0 0 0 -6,051,000 0 
      proceeds from line of credit
    		       0 20,000,000 30,000,000 40,000,000 35,000,000 40,000,000 20,000,000 62,705,000 30,000,000 
      payments on line of credit
    		       0        0 
      proceeds from equity offering, net of underwriting discounts and commissions
    		       0         
      payment of deferred offering costs
    		       -540,000         
      income taxes paid, net of refunds
    		   429,000             
      transfer between line of credit and term loan facility
    		                
      deferred offering costs accrued
    		                
      deferred rent
    		               169,000 
      proceeds from financing lease obligations
    		                
      distributions paid to members
    		               0 
      payments to repurchase outstanding equity/member units
    		                
      accrued liabilities
    		        4,935,000 6,360,000 -3,432,000 3,393,000 2,446,000 1,665,000 -1,903,000  
      payments of ipo issuance costs
    		           0 0   -293,000 
      non-cash operating leases
    		          2,698,000 2,620,000 2,553,000 2,436,000 2,310,000  
      payments on finance lease obligations
    		           -2,694,000 -1,355,000 -792,000 -997,000  
      proceeds from paycheck protection program loan
    		                
      payments on paycheck protection program loan
    		                
      proceeds from initial public offering, net of offering costs
    		               0 
      remeasurement loss on tras
    		                
      payments to repurchase outstanding equity / member units
    		               0 
      loss on disposal of assets
    		               -7,000 
      accrued expenses
    		               2,085,000 
      payments on capital lease obligations
    		               -776,000 
      proceeds on financing lease obligations
    		                
      tax payments related to stock award issuances
    		                
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.