Thanks, Paul. also with is introduction. appreciate Copperud. the Gary And me I
was So of on questions the year million address And where were recorded you $XXX,XXX, our disappointed and Gary Brands as and was at the loss have after we that year. XXXX and Q&A, That to reported which XX% in at I results were for sales, certainly, results. the real increase closer And in can first close examination disappointing. both the of was any any certainly, make the over $XX acquisitions didn't prior a BT when in year. we questions. increase today, largely net an we we blush during because get they both, the
was, most the So business attributed part that general, it the already owned. to for in we
in Dave's. over our a going control bills. the approximately to our that's next of the year that a that to communicate And you're Bagger are we in another patient shares disarming holders we today million optimistic see think BT can to bit have little we are going about do when when XX, is treasury reward than to I And Brands. happen trying with little and cash going some I'm $X.X more of cash, at most ever see this of be XXXX, what because you to I things What also think we're December at have $X loss the do under is million I think everybody in number.
makes where take and today walk this you I investment what try what want attractive going to So an is today. we're company, through to it and
Bagger in loss, Dave's, can sticks in through $XXX,XXX. equity note out is $XXX all I you the of yourself, -- know you you things, and this the our first go when thing the but the investors which guys loss was think one that
XX% nonrecurring before an of $XXX,XXX services a with total little tax inject ourselves other not of incurred, to our loss and our incurred at expense our although a was Roman. haven't expense, we that's abandoned professional more, incurred terms We the legal associated in guess, if but on So we I efforts of of Bagger to Dave's. board bit Noble efforts,
compensation not the value becomes those are of incentivize core in most Burger to We really rules last grants, that way that operations. this do. stock-based value as happened things not written, both we're those the are operations you a are So and alone two companies Time and charged year. And the share that have in with executives then to a attribute
stock-based So for we also the during had charge compensation a year. significant
bit concepts little double the So of briefly. to customers year, that digits.So other of go in we've I think, just moved efficient in have store has the said, Time, year. up well all Sioux model. be going we a positive been Falls of and we in the business of seen the closed through one a that we've because we has, Sioux each more the Falls the over into a the the end the to think just stores, closed last We Burger I'll Since
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So it's work well very a of us. either for relationship doesn't that been
determined. working we're we to call issued because Bagger and our Bagger want that changing doing attention locations. Dave's split, happen Dave's, Dave to last in press your level name, are approached reverse several that with couple several have probably months. negotiating unit, people, release least see haven't going tax name because I And we ago. So the a the to this will people a PCAOB they getting one at us concepts those the of sell of Dave's, where audits would sometime we the press on months the done, next time few you're releases Bagger Bagger is yet in that what And we plan several
physical that is who's that scenario see, do accomplished everybody to exactly and of we that, concept, of the each looked a how actually more. the negotiation. not if very acquiring under we at the of things And average, another X good But up would are the is, will. And agrees we've concept all end what Bagger The reason any system acquisitions, we is one you So in in plant looked that is new locations Dave's Bagger stores convert Dave's that terms if the A, isn't shape. solid. at locations location there couldn't likely
per of doing, can that and units. our unit. a approach concept can with reason per business average about over to look. that's unit that we up $X $X for get get for And million better a think X unit up we talking we're volume million fresher So just whatever We
you're in $XX that you're an talking million on EBITDA about can now $XX revenue. XX% of kind of standard, million. And annual to if talking we So manage industry it
our about talking acquisition So there's paid positive a investment Sky, in little contributory a a income. for over in interest Pie say run to back a We the That's just going being year. to net XX% our much us. losing proposition very, not to from a been we're home very Pie.
a going Monday, We our to croissant are add evening seen and at muffin. On a looking besides the counsel or looking late afternoon. involvement something in for at concept. Pie out were over the we're to Mass. before liquor People just are in the license We've just town a Falmouth,
as going the So little at and wine. ferry Vineyard, day fuller there a are by their service. attracts hopefully, Martha's terminal, increasing it consuming more We've to on sit we'll like into near the got right to area bit ferry it and we feeding people and end a the wonderful up average check to outside wears would beer turn who
but it there. to So Village a still a challenge to been Garten, Monday, transitioning us lot getting down in favorable the We profitability. We've we had for what to not Florida, consider employees that who's satisfied. cooking of menu. actually outcome for our down better Pie, invested standard, we're bring happens chef still XX of a location we the Bier eating menu, in to a the terms up days, there that's a one it expect from
the fish the from excellent across that think It's at We're an kind be there. and traffic basic other the to Keegan's in Florida. is going by get kitchen right. I took we're benefit business, the house. the in it while and menu. from some looking Florida locals us a at making location tourists the And beach. of dramatic of area. a street changes We traditional It's our concept, looking we're So to I skip Keegan's.
different and who -- of were with darn everybody and years, it We us. going the and a of But always As basically will some is And we've had week week Well, we food us costs. for when we're bunch more run a But last couple got at and a you of little Keegan's. support very And for costs, relates a the little XX, that's right. us help they staffing capacity. of full acquired range costs we we less can pretty in the a help, busy terms that whole remember, to get a been you get labor think to it remember in weeks, that's do making in money, including to close little the above I think than transitional a a lunch. and $XX,XXX took stay to which while family of many from we transition. it right,
So is road we recover. think to down Keegan's Keegan's is -- the
So positive Bagger be redo in addition, the major guess, will of the which a -- I in to addition contributor. major Dave's,
but has been we -- delivering also certainly, now we're have resources more have And over couple what that's importance go now, which right seeing the of that Gary things And to our ever to last to on, the focusing thing both acquisitions, make have significant grow. out. earnings we The months, that the ability a the I to and because is other excited right very seen. opportunities us earnings investors for than understand contribution we've of we
obviously, you works, straightforward ideal where could might call world, investment but roll So XX, is concept on to XXX where XXX, is our acquisition an -- low in EBITDA, There's higher monetized on a formula that now. a a multiple that's get EBITDA. the the buy no And can just of take for right that, something what you a plan simple find what enough in Brands creates BT at where question of and would you we're major proof hopefully at the proof it winning and rollout. with out go concept, enough we of multiple it's XXX, And in that had units an for as all and high, shareholders. market we focused of retain concept,
say, positive things of reports focused We're position financial performance, in in are the And to a future. of but highly investors. that our look would in year much and look I to ability accretive in would strong our disappointing making to of on So be at terms to that doing a accretive forward highly terms do very financial in more to we're our are going earnings things the investors. terms I
that questions So Paul, anybody we'll that, have. with might take
