Event-Driven Stocks

BurgerFi International, Inc.

BFI, BFIIW

Consumer Discretionary · Retail-Eating Places · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 1 good● 5 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY21FY20FY19FY18
Revenue$160.8M$167.2M$57.8M$23.7M$33.6M—
Operating income−$22.0M−$100.0M−$135.6M$758,000$3.0M−$553,546
Net income−$30.7M−$103.4M−$121.5M$615,000$2.9M$1.0M
Total assets$258.5M$276.8M$317.7M$289.1M$14.4M$118.0M
Total liabilities$201.2M$197.8M$144.4M$30.0M$11.9M$271,153
Equity$57.3M$78.9M$173.3M$259.1M$5.0M$5.0M
EPS (diluted)$-1.20$-4.66$-7.20$-0.01——
Shares out.27.0M23.8M17.9M7.9M14.8M3.8M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2024
Operating margin
−13.7%
Net margin
−19.1%
Return on equity
−53.6%
Return on assets
−11.9%
Return on capital (ROCE)
−12.5%
Liabilities / assets
77.9%
Debt / equity
3.51×
Book value / share
$2.12
Revenue growth (YoY)
−3.8%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2024
Altman Z″ (distress)
-5.31distress
Accruals / assets
−9.8%clean
Piotroski F-Score
4/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
32
/ 100
Profitability 0Growth 0Catalyst 67Earnings quality 67Financial strength 25

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 2 severe● 5 warning● 1 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (3)