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Rave Restaurant (RAVE) Gross Profit (2016 - 2023)

Rave Restaurant (RAVE) has disclosed Gross Profit for 14 consecutive years, with $3.0 million as the latest value for Q1 2023.

  • For the quarter ending Q1 2023, Gross Profit rose 13.4% year-over-year to $3.0 million, compared with a TTM value of $11.1 million through Mar 2023, up 8.77%, and an annual FY2023 reading of $11.9 million, up 11.21% over the prior year.
  • Gross Profit was $3.0 million for Q1 2023 at Rave Restaurant, up from $2.8 million in the prior quarter.
  • Across five years, Gross Profit topped out at $3.0 million in Q1 2023 and bottomed at $1.5 million in Q2 2020.
  • Average Gross Profit over 5 years is $2.5 million, with a median of $2.6 million recorded in 2022.
  • The sharpest move saw Gross Profit plummeted 42.4% in 2020, then surged 53.1% in 2021.
  • Year by year, Gross Profit stood at $2.7 million in 2019, then dropped by 24.38% to $2.1 million in 2020, then skyrocketed by 31.32% to $2.7 million in 2021, then grew by 4.71% to $2.8 million in 2022, then grew by 5.21% to $3.0 million in 2023.
  • Business Quant data shows Gross Profit for RAVE at $3.0 million in Q1 2023, $2.8 million in Q2 2022, and $2.6 million in Q1 2022.