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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) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Sales 154,620 163,530 154,530 168,740 164,850
Sales Growth -5.45% +5.82% -8.42% +2.36% -4.36%
Net Income -9,330 330 -4,260 5,050 -1,700
Net Income Growth -2,927.26% +107.75% -184.36% +397.06% -154.31%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Total Assets 771,890 790,230 806,970 810,170 797,020
Total Assets Growth -2.32% -2.07% -0.40% +1.65% -0.51%
Total Liabilities 657,250 666,960 683,590 681,350 674,820
Total Liabilities Growth -1.46% -2.43% +0.33% +0.97% -0.06%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Operating Cash Flow 4,970 6,710 3,380 23,120 20,340
Operating Cash Flow Growth -25.93% +98.52% -85.38% +13.67% +14.40%
Net Cash Flow -8,730 -3,240 2,140 1,420 -1,360
Change in Net Cash Flow -169.44% -251.40% +50.70% +204.41% -146.74%
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