MTY Food Group Inc

MTY

Equity

ISIN null / Valor 1639382

Toronto Stock Exchange (2025-10-20)

CAD 34.56%

MTY Food Group Inc
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About company

MTY Food Group Inc. is a prominent player in the quick-service and casual dining restaurant industry, with a history spanning over four decades. The company is known for its strategic approach to growth, which includes the acquisition of diverse restaurant brands and the formation of strategic alliances. This strategy has enabled MTY to expand its portfolio and enhance its market presence. MTY Food Group operates a wide array of restaurant concepts, catering to various consumer preferences and dining experiences. The company's focus on innovation and strategic expansion has solidified its position as a significant entity in the food service sector.

Summarized from source with an LLMView SourceSector: Technology

Normalized Adjusted EBITDA

Normalized adjusted EBITDA decreased by 1% to $71.9 million in Q3-2024 compared to $72.9 million in Q3-2023.

Cash Flow Improvement

Cash flows from operating activities increased to $66.4 million in Q3-2024, up from $51.5 million in Q3-2023, primarily due to income taxes received.

Free Cash Flow Growth

Free cash flows net of lease payments rose to $49.3 million in Q3-2024 from $32.1 million in Q3-2023, with free cash flow per diluted share increasing to $2.06 from $1.31.

Stable System Sales

System sales remained steady at $1.5 billion in Q3-2024, consistent with the $1.47 billion reported in Q3-2023.

Net Income Decline

Net income attributable to owners decreased to $34.9 million, or $1.46 per diluted share, in Q3-2024 compared to $38.9 million, or $1.59 per diluted share, in Q3-2023.

Summarized from source with an LLMView Source

Key figures

-25.4%1Y

-36.5%3Y

-19.6%5Y

Performance

33.4%1Y

29.5%3Y

32.6%5Y

Volatility