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Recipe Unlimited Corporation (T:RECP)

Business Focus: Restaurants & Bars

Sector:  Consumer Cyclicals Industry:  Restaurants & Bars
 
See Regulatory Filings on SEDAR
Company Contact
Address: 199 Four Valley Drive.
VAUGHAN ON L4K 0B8
Tel: N/A
Website: https://www.recipeunlimited.com
IR: See website
Key People
N/A    
Business Overview
Recipe Unlimited Corp, formerly Cara Operations Ltd, is a Canada-based full service restaurant operator and franchisor. The Company operates through four segments, corporate restaurants, franchise restaurants, food processing and distribution and central operations. The Corporate restaurant segment includes the operations of the Company-owned restaurants which sell prepared food and beverages to consumers. Franchised restaurants represent the operations of its franchised restaurant network operating under the Company's brand names including Harvey's, Swiss Chalet, Kelsey's, East Side Mario's, Montana's, Milestones, Prime Pubs, Casey's, Bier Markt, and Landing restaurants. Food processing and distribution represent sales of St-Hubert branded and other private label products produced and shipped from the Company's manufacturing plant and distribution centers to retail grocery customers and to its network of St-Hubert restaurants.
Financial Overview
For the 13 weeks ended 29 March 2020, Recipe Unlimited Corp revenues decreased 11% to C$269.9M. Net loss totaled C$41M vs. income of C$22.5M. Revenues reflect Corporate segment decrease of 18% to C$151.8M, Franchise segment decrease of 15% to C$22.9M, Non-allocated costs segment decrease of 5% to C$14.6M. Net loss reflects Corporate segment loss totaling C$11.1M vs. income of C$9.1M.
Employees: 13,500 as of Dec 29, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $1,745M as of Mar 29, 2020
Annual revenue (TTM): $1,218M as of Mar 29, 2020
EBITDA (TTM): $230.50M as of Mar 29, 2020
Net annual income (TTM): -$18.92M as of Mar 29, 2020
Free cash flow (TTM): $141.99M as of Mar 29, 2020
Net Debt Last Fiscal Year: $1,224M as of Mar 29, 2020
Shares outstanding: 56,352,000 as of Mar 29, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization