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Meritage Hospitality Group Inc (MHGU)

Meritage Hospitality Group Inc (MHGU)
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Meritage Hospitality Group, Inc. specializes in the development and operation of restaurants and leisure properties. It owns and operates casual dining restaurants in Michigan, through brands consisting of Twisted Rooster locations, Crooked Goose location and Freighters Eatery & Taproom location. Twisted Rooster focuses on local products including local beers, wines and liquors. Crooked Goose a classic corner pub which features old-school pub. Freighters Eatery & Taproom provides a unique waterfront dining. Meritage Hospitality Group, Inc. is headquartered in Grand Rapids, MI.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 668,800 672,490 626,040 577,130 516,180
Sales Growth -0.55% +7.42% +8.47% +11.81% +10.40%
Net Income 7,800 6,140 8,490 17,450 14,910
Net Income Growth +27.04% -27.68% -51.35% +17.04% +23.63%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 810,170 816,910 791,320 758,630 689,930
Total Assets Growth -0.83% +3.23% +4.31% +9.96% +1.83%
Total Liabilities 681,350 694,870 674,120 649,950 591,510
Total Liabilities Growth -1.95% +3.08% +3.72% +9.88% -0.50%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 23,120 11,460 25,750 38,580 36,340
Operating Cash Flow Growth +101.75% -55.50% -33.26% +6.16% +3.12%
Net Cash Flow 1,420 -15,940 -14,580 17,630 15,380
Change in Net Cash Flow +108.91% -9.33% -182.70% +14.63% +324.86%
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