Masterbeef vs Rave Restaurant Group
Masterbeef is the larger business, with $58.9m of revenue in fiscal 2025 against $12.9m for Rave Restaurant Group (4.6 times as much). Rave Restaurant Group grew faster (7.2% against -8.8%). Rave Restaurant Group kept more of each dollar of sales as profit: a net margin of 22.3% against -11.4%.
| Latest fiscal year | MasterbeefMB, 2025 | Rave Restaurant GroupRAVE, 2026 |
|---|---|---|
| Revenue | $58.9m | $12.9m |
| Revenue growth | -8.8% | 7.2% |
| Net income | −$6.7m | $2.9m |
| Operating margin | — | — |
| Net margin | -11.4% | 22.3% |
| Return on equity | -138.0% | 18.3% |
| Free cash flow | −$1.8m | $3.5m |
| Cash | $19.0m | $1.1m |
| Total debt | $6.9m | $0 |
| Debt to equity | 113.5% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $0 |
| Employees | — | 24 |
| Market value | $64.1m | $30.7m |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | — | 73 (Strong) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |