MTY Food Group reported a revenue of $203 million, surpassing estimates.
The company’s normalized adjusted EBITDA was $59.4 million for the fourth quarter of fiscal 2024.
MTYFF ended the quarter with 7,079 locations, indicating a net positive opening of 13 new locations.

MTY Food Group, trading under the symbol MTYFF on the PNK exchange, is a prominent player in the food industry, operating a vast network of franchised and corporate-owned restaurants. The company is known for its diverse portfolio of brands and its focus on expanding its market presence. MTYFF competes with other major food service companies, striving to maintain its growth trajectory and financial stability.
On February 14, 2025, MTYFF reported an earnings per share (EPS) of -1.67, falling short of the estimated EPS of 0.47. Despite this, the company achieved a revenue of $203 million, surpassing the estimated $195 million. This revenue growth is supported by a 2% increase in system sales, which rose by $30.3 million to reach $1.37 billion, driven by organic growth.
The company’s normalized adjusted EBITDA for the fourth quarter of fiscal 2024 was $59.4 million, slightly down from $60.4 million in the previous year. However, the franchising segment showed strength with an 8% increase in normalized adjusted EBITDA, reaching $49.3 million. This segment’s EBITDA as a percentage of revenue improved to 51%, up from 47% in the previous year.
MTYFF’s financial metrics reveal a price-to-earnings (P/E) ratio of approximately 11.02, indicating the market’s valuation of its earnings. The price-to-sales ratio is about 0.89, suggesting the company’s market value relative to its sales. The enterprise value to sales ratio stands at around 1.88, reflecting the company’s total valuation compared to its revenue.
The company ended the quarter with 7,079 locations, marking a net positive opening of 13 new locations. Despite a net loss attributable to owners of $55.3 million, or $2.34 per diluted share, MTYFF’s earnings yield is about 9.08%, providing insight into the return on investment for shareholders. The debt-to-equity ratio is approximately 1.43, highlighting the company’s financial leverage, while the current ratio of around 0.61 indicates its ability to cover short-term liabilities with short-term assets.