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Luby's (LUB)
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Luby's Income Statement 2022-2009 | LUB
Brief overview of income trends at Luby's
This overview is based on financial performance over the past five years. Revenue at Luby's moved from 114 million dollars in 2016 to 41.9 million dollars in 2021. The five-year change reached −63.4%, while CAGR stood at −18.2%. Revenue ended the period on a sustained downward trend.
EBITDA changed from 18.6 million dollars to 0 dollars (−100%). EBITDA lagged revenue, showing weaker operating momentum. Comparing the endpoints gives EBITDA margins of 16.2% and 0%. The business retained less EBITDA from each unit of revenue.
Across the five years, the net result shifted from −$5.6 million to $0. Net profit ended the five years at a local peak.
Over the period, capitalization shifted from $60.1 million to $86.4 million (+43.7%). The financial trend was stronger than the market valuation.
Conclusion
The financial trajectory is weak and requires a cautious interpretation. Key strengths include improving net profitability. Caution is warranted because of a low EBITDA margin, weak sales momentum and pressure on operating profitability. Investors should continue to monitor margins, costs, and earnings quality.
Annual Income Statement Luby's
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
55.7 M | 86.4 M | 59.5 M | 42.8 M | 28.2 M | 50.2 M | 60.1 M | 87.3 M | 98.2 M | 111 M | 140 M | 85.2 M | - | - |
Shares |
31.3 M | 31 M | 30.7 M | 29.8 M | 29.9 M | 29.5 M | 29.2 M | 29 M | 28.8 M | 28.6 M | 28.4 M | 28.2 M | 28.1 M | 30.7 M |
Historical Prices |
1.78 | 2.79 | 1.94 | 1.44 | 0.943 | 1.7 | 2.06 | 3.01 | 3.41 | 3.86 | 4.95 | 3.02 | - | - |
Net Income |
- | - | -3.02 M | -8.34 M | -7.49 M | -5.54 M | -5.59 M | -1.81 M | -3.02 M | -1.55 M | 90 K | 204 K | -2.29 M | -3.02 M |
Revenue |
- | 41.9 M | 41.9 M | 95.1 M | 83.9 M | 113 M | 114 M | 394 M | 394 M | 390 M | 350 M | 349 M | - | 41.9 M |
Cost of Revenue |
- | - | 13 M | 109 M | 124 M | 126 M | 133 M | 128 M | 127 M | 123 M | 112 M | 0.343 | 82.8 M | 13 M |
Gross Profit |
- | - | 5.09 M | 36.3 M | 38.1 M | 50.1 M | 62.5 M | 58.7 M | 272 M | 270 M | 243 M | 49.7 M | - | - |
Operating Income |
- | - | -1.77 M | -9 M | -22.2 M | -17.5 M | -3.32 M | -880 K | -3.53 M | 6.21 M | 8.93 M | 4.52 M | -5.57 M | -1.77 M |
Interest Expense |
- | - | 1.21 M | 5.98 M | 3.35 M | 2.44 M | 2.25 M | 2.34 M | 1.25 M | 920 K | 942 K | 2.44 M | 640 K | 1.21 M |
EBITDA |
- | - | 371 K | 5 M | -4.73 M | 2.97 M | 18.6 M | 20.6 M | 16.7 M | 24.8 M | 26.9 M | 21.8 M | 9.92 M | -1.77 M |
Operating Expenses |
- | - | 13.1 M | 223 M | 267 M | 277 M | 148 M | 271 M | 275 M | 264 M | 234 M | 46.7 M | - | - |
General and Administrative Expenses |
- | - | 4.27 M | 34.7 M | 38.7 M | 37.9 M | 42.4 M | 38.8 M | 35 M | 32.2 M | 30.8 M | 29.5 M | 25.5 M | 4.27 M |
Annual performance
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All numbers in USD currency
Quarterly Income Statement Luby's
| 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
- | - | 30.7 M | 30.7 M | - | 30.7 M | 30.7 M | 30.7 M | 30.7 M | 30.4 M | 30.2 M | 30.1 M | 30.1 M | 29.9 M | 29.8 M | 30.1 M | 30.1 M | 30 M | 30 M | 30.1 M | 29.7 M | 29.5 M | 29.5 M | 29.5 M | 29.3 M | 29.3 M | 29.2 M | 29.2 M | 29.1 M | 29 M | 28.9 M | 28.9 M | - | 28.8 M | 28.8 M | 28.8 M | 28.8 M | 28.7 M | 28.6 M | 28.4 M | 28.4 M | 28.4 M | 28.4 M | 28.3 M | 28.3 M | 28.2 M | 28.2 M | 28.3 M |
Net Income |
- | - | -3.02 M | -3.02 M | - | -3.02 M | -3.02 M | -3.02 M | -3.02 M | -25 M | -3.8 M | -8.34 M | -8.34 M | -5.3 M | 6.63 M | -7.49 M | -7.49 M | -14.6 M | -11.2 M | -7.49 M | -5.54 M | -396 K | -13.2 M | -13.2 M | -5.59 M | -134 K | -599 K | -599 K | -1.81 M | 2.35 M | -1.36 M | -3.02 M | - | 1.73 M | -2.18 M | -1.47 M | -1.55 M | 2.49 M | 203 K | 129 K | 90 K | 2.42 M | 1.09 M | 204 K | 204 K | 2.85 M | 717 K | 204 K |
Revenue |
- | - | 41.9 M | 41.9 M | - | 41.9 M | 41.9 M | 41.9 M | 8 K | 19 M | 68.6 M | 95.1 M | 23 K | 74.8 M | 74.4 M | 103 M | - | 86 M | 1 K | - | 6 K | 5 K | 6 K | 1 K | 1 K | 3 K | 1 K | 1 K | 1 K | 3 K | 1 K | 1 K | - | 4 K | 1 K | 1 K | 2 K | 6 K | 2 K | 2 K | 2 K | 6 K | 2 K | 2 K | 1 K | 4 K | 4 K | 1 K |
Cost of Revenue |
- | - | 13 M | 13 M | - | 13 M | 13 M | 13 M | 13 M | 5.49 M | 23.8 M | 32.1 M | 32.1 M | 25 M | 24.7 M | 34.5 M | 34.5 M | 29.4 M | 28.5 M | 34.5 M | 38.1 M | 29.5 M | 29.3 M | 29.3 M | 38.7 M | 30.7 M | 29.8 M | 29.8 M | 39.4 M | 30.2 M | 29.8 M | 29.3 M | - | 30.3 M | 29.7 M | 28.9 M | 28.2 M | 30.3 M | 28.8 M | 25.5 M | 26 M | 25.7 M | 25.4 M | 25.1 M | 0.343 | 76.5 M | 50.2 M | 25.1 M |
Gross Profit |
- | - | 5.09 M | 5.09 M | - | 5.09 M | 5.09 M | 5.09 M | 5.09 M | -5.14 M | 6.72 M | 9.78 M | 9.78 M | 8.64 M | 9.01 M | 11.9 M | 11.9 M | 8.28 M | 7.37 M | 11.9 M | 13 M | 13 M | 13.7 M | 12 M | 14.4 M | 47.7 M | 14.5 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
- | - | -1.77 M | -1.77 M | - | -1.77 M | -1.77 M | -1.77 M | -1.77 M | -23.7 M | -2.42 M | -6.53 M | -6.53 M | -3.96 M | 8.21 M | -5.68 M | -5.68 M | -8.98 M | -7.35 M | -5.68 M | -4.98 M | 793 K | -8.26 M | -8.26 M | -6.47 M | -346 K | -302 K | -302 K | -1.59 M | 3.49 M | -686 K | -4.33 M | - | 3.52 M | -3.55 M | -2.33 M | -1.69 M | 4.09 M | 1.1 M | 206 K | 225 K | 3.98 M | 1.99 M | 969 K | 969 K | 741 K | -2.94 M | 969 K |
Interest Expense |
- | - | 1.21 M | 1.21 M | - | 1.21 M | 1.21 M | 1.21 M | 1.21 M | 1.64 M | 1.47 M | 1.96 M | 1.96 M | 1.32 M | 1.55 M | 1.71 M | 1.71 M | 1.04 M | 545 K | 1.71 M | 649 K | 569 K | 727 K | 727 K | 602 K | 482 K | 495 K | 495 K | 696 K | 599 K | 568 K | 456 K | - | 410 K | 292 K | 253 K | 253 K | 228 K | 214 K | 175 K | 175 K | 201 K | 215 K | 279 K | 279 K | 1.75 M | 1.17 M | 279 K |
EBITDA |
- | - | 371 K | 371 K | - | 371 K | 371 K | 371 K | 371 K | -14.6 M | 4.02 M | -2.77 M | -2.77 M | 7.09 M | 16.3 M | -776 K | -776 K | 4.42 M | 2 M | -776 K | 370 K | 16.8 M | 3.07 M | -8.26 M | 76 K | 17.2 M | 11.9 M | -302 K | 5.44 M | 18.1 M | 9.17 M | 743 K | 5.07 M | 17.1 M | 5.37 M | 2.08 M | 2.73 M | 16.8 M | 9.56 M | 4.34 M | 4.36 M | 16.5 M | 10.2 M | 5.08 M | 5.08 M | 12.8 M | 5.25 M | 5.08 M |
Operating Expenses |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 34.8 M | 34.8 M | 106 M | - | - | 41.7 M | 104 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 30.3 M | 30.3 M | - | - | - | 28.9 M | - | - | - |
General and Administrative Expenses |
- | - | 4.27 M | 4.27 M | - | 4.27 M | 4.27 M | 4.27 M | 4.27 M | 3.34 M | 6.82 M | 10.2 M | 10.2 M | 9.43 M | 9.02 M | 11.2 M | 10 M | 8.51 M | 9.19 M | 11.2 M | 11.5 M | 6.76 M | 9.01 M | 9.01 M | 13.8 M | 9.23 M | 9.84 M | 9.84 M | 8.07 M | 7.31 M | 8.07 M | 7.7 M | - | 8.34 M | 8.12 M | 8.03 M | 8.07 M | 7.24 M | 7.62 M | 7.38 M | 7.38 M | 7.2 M | 6.74 M | 6.81 M | 6.81 M | 20 M | 13 M | 6.81 M |
Quarterly performance
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All numbers in USD currency
The income statement is one of the three key financial reports of a company Luby's (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.