| Segment Reporting Information |
Summarized in the following tables are revenues, expenses, operating income, and income before taxes for the Company's reportable segments for the fiscal years ended June 28, 2026, June 29, 2025, and June 30, 2024 (in thousands):
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Pizza Inn |
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Pie Five |
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Franchising | |
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Franchising | |
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Corporate | |
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Total | |
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Fiscal Year Ended
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Fiscal Year Ended
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Fiscal Year Ended
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Fiscal Year Ended
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June 28, 2026 |
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June 29, 2025
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June 30, 2024
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June 28, 2026
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June 29, 2025
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June 30, 2024
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June 28, 2026
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June 29, 2025
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June 30, 2024
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June 28, 2026
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June 29, 2025
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June 30, 2024
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REVENUES:
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Franchise royalties
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$
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4,182 |
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$
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3,988 |
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$
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3,913 |
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$
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497 |
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$
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632 |
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$
|
931 |
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$
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- |
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$
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- |
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$
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- |
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$
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4,679 |
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$
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4,620 |
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$
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4,844 |
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Supplier and distributor incentive revenues
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5,501 |
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4,660 |
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4,454 |
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227 |
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280 |
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379 |
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- |
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- |
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- |
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5,728 |
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4,940 |
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4,833 |
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Franchise license fees
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90 |
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89 |
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174 |
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16 |
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64 |
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107 |
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- |
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- |
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- |
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106 |
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153 |
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281 |
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Area development exclusivity fees and foreign master license fees
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10 |
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9 |
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10 |
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2 |
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4 |
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5 |
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- |
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- |
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- |
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12 |
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13 |
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15 |
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Advertising fund contributions
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2,003 |
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1,827 |
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1,527 |
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158 |
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204 |
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287 |
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- |
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- |
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2,161 |
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2,031 |
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1,814 |
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Supplier convention funds
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209 |
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217 |
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217 |
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- |
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- |
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- |
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- |
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- |
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- |
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209 |
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217 |
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217 |
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Rental income
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- |
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- |
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- |
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- |
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- |
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- |
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53 |
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131 |
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- |
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53 |
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131 |
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Other franchise revenue
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- |
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- |
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- |
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15 |
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12 |
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15 |
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- |
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- |
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- |
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15 |
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12 |
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15 |
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Total revenues
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11,995 |
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10,790 |
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10,295 |
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915 |
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1,196 |
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1,724 |
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- |
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53 |
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131 |
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12,910 |
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12,039 |
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12,150 |
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COSTS AND EXPENSES:
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General and administrative expenses
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- |
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- |
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- |
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- |
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- |
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- |
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5,898 |
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5,234 |
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5,277 |
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5,898 |
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5,234 |
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5,277 |
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Franchise expenses
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3,091 |
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2,997 |
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2,985 |
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273 |
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400 |
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|
671 |
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- |
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- |
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- |
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3,364 |
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3,397 |
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3,656 |
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Provision (recovery) for credit losses
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- |
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- |
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- |
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- |
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- |
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- |
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7 |
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(21 |
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69 |
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7 |
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(21 |
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69 |
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Depreciation and amortization expense
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- |
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- |
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- |
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- |
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- |
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- |
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|
167 |
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|
182 |
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|
219 |
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|
167 |
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|
182 |
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219 |
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Total costs and expenses
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3,091 |
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2,997 |
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2,985 |
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273 |
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400 |
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|
671 |
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6,072 |
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5,395 |
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5,565 |
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9,436 |
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8,792 |
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9,221 |
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OPERATING INCOME
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8,904 |
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7,793 |
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7,310 |
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|
642 |
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|
796 |
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1,053 |
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(6,072 |
)
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(5,342 |
)
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(5,434 |
)
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3,474 |
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3,247 |
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2,929 |
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Interest income
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- |
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- |
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- |
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- |
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- |
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|
- |
|
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|
391 |
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|
354 |
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|
153 |
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|
391 |
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|
354 |
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|
153 |
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Other Income
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- |
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- |
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- |
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- |
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- |
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- |
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19 |
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19 |
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10 |
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19 |
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19 |
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|
10 |
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Total other income
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- |
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- |
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- |
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- |
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- |
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- |
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|
410 |
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|
373 |
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|
163 |
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|
410 |
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|
373 |
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|
163 |
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INCOME/(LOSS) BEFORE TAXES
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8,904 |
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7,793 |
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7,310 |
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|
642 |
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|
796 |
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1,053 |
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(5,662 |
)
|
|
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(4,969 |
)
|
|
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(5,271 |
)
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3,884 |
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|
|
3,620 |
|
|
|
3,092 |
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Income tax expense
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|
- |
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- |
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|
- |
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- |
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- |
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|
- |
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|
|
1,006 |
|
|
|
918 |
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|
619 |
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|
1,006 |
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|
918 |
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|
619 |
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NET INCOME/(LOSS)
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$
|
8,904 |
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$
|
7,793 |
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$
|
7,310 |
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$
|
642 |
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$
|
796 |
|
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$
|
1,053 |
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$
|
(6,668 |
)
|
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$
|
(5,887 |
)
|
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$
|
(5,890 |
)
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$
|
2,878 |
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$
|
2,702 |
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$
|
2,473 |
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