KPIs & Operating Metrics(New)
Growth Metrics

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

Rave Restaurant's Gross Profit history spans 14 years, with the latest figure at $3.0 million for Q2 2023.

  • For Q2 2023, Gross Profit rose 7.97% year-over-year to $3.0 million; the TTM value through Jun 2023 reached $11.5 million, up 7.19%, while the annual FY2023 figure was $11.9 million, 11.21% up from the prior year.
  • Gross Profit reached $3.0 million in Q2 2023 per RAVE's latest filing, up from $3.0 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $3.0 million in Q2 2023 to a low of $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 2019.
  • Peak YoY movement for Gross Profit: plummeted 42.4% in 2020, then surged 53.1% in 2021.
  • A 5-year view of Gross Profit shows it 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 rose by 7.97% to $3.0 million in 2023.
  • Per Business Quant, the three most recent readings for RAVE's Gross Profit are $3.0 million (Q2 2023), $3.0 million (Q1 2023), and $2.8 million (Q2 2022).