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Annual Financial Review
Restaurant Group
UAE Restaurant Group · Year Ended 31 December 2025 · AED
AED 2.21M
Total Revenue
+84.8% dine-in
AED 1.36M
Gross Profit
61.6% margin
AED 221.5K
EBITDA
10.0% margin
AED 694K
Staff Costs
31.5% of revenue
AED 61.4K
Net Loss
-2.8% margin

Profit & Loss Statement

Year Ended 31 December 2025
SOCI Breakdown
ParticularsAED%
Revenue
Restaurant (Dine-in & Take-away)1,869,54384.8
Talabat240,22210.9
Noon129,8845.9
Deliveroo87,5344.0
Zomato26,6311.2
Keeta34,1781.5
Catering8,9330.4
Commission Expense(191,269)(8.7)
Total Revenue2,205,655100.0
Cost of Revenue
Food Cost717,14232.5
Drinks Cost32,9581.5
Packaging21,6441.0
Direct Overheads74,9603.4
Total Cost of Revenue846,70438.4
Operating Expenses
Staff Costs694,32331.5
G&A Expenses441,77620.0
Marketing1,3040.1
Total OpEx (excl. depn)1,137,40351.6
EBITDA221,54810.0
Depreciation198,0929.0
Loss on Disposal84,8513.8
Net Loss(61,395)(2.8)
Staff Costs Breakdown
CategoryAED%
Staff Salaries470,46521.3
Other Staff Costs105,4804.8
Staff Accommodation118,3795.4
Total Staff Costs694,32331.5
G&A Expenses Breakdown
CategoryAED
Restaurant Rent116,501
Repair & Maintenance107,727
Miscellaneous Expenses70,707
Utilities (DEWA, District Cooling)42,851
Government Fees (Trade License)33,779
Fuel Expenses20,669
Legal & Professional Fees18,415
Communication (Du, Etisalat)16,016
Travelling9,112
Pre-Opening Expenses2,962
IT Expenses1,872
Bank Charges1,166
Total G&A Expenses441,776
Notes: 1. Restaurant commenced operations February 2025 (January = pre-opening). 2. EBITDA = Earnings Before Interest, Tax, Depreciation & Amortisation. 3. Loss on disposal: government demolished outside dining area.

Financial Analysis

FY2025 Benchmark Comparison
RatioValueBenchmark
Gross Profit Margin61.6%60-70%Good
EBITDA Margin10.0%10-15%Good
Net Profit Margin-2.8%5-10%Check
Food Cost %32.5%28-35%Good
Staff Cost %31.5%25-35%Good
G&A Cost %20.0%10-15%High
Current Ratio3.9x>1.5xGood
Quick Ratio1.8x>1.0xGood
Inventory Turnover27.8x>12xGood
Days Inventory Outstanding13.1d<30dGood
ChannelAED%
Dine-in & Take-away1,869,54384.8
Talabat240,22210.9
Noon129,8845.9
Deliveroo87,5344.0
Zomato26,6311.2
Keeta34,1781.5
Catering8,9330.4
Commission Expense(191,269)(8.7)

Monthly P&L Trend

February — December 2025 · AED
Metric FebMarAprMay JunJulAugSep OctNovDec
Revenue 56,859302,200199,780204,190 186,487201,997228,749177,204 203,649223,486221,054
COGS 32,153141,94375,01178,990 72,91879,08172,06975,718 82,91249,90986,002
Gross Profit 24,706160,257124,769125,200 113,569122,916156,680101,486 120,737173,577135,052
Staff Costs 29,78240,28968,98056,511 76,76462,16371,64370,118 71,21072,24874,616
G&A Expenses 35,24330,21359,98853,212 47,59046,13429,17035,797 32,64225,35446,434
Marketing 0001,256 00048 000
EBITDA (40,319)89,755(4,199)14,221 (10,785)14,61955,867(4,477) 16,88575,97514,002
Depreciation 14,60815,44315,80816,113 18,01518,50520,27920,429 20,54720,61417,732
Loss on Disposal 0000 0000 0084,851
Net Profit/(Loss) (54,927)74,312(20,007)(1,892) (28,800)(3,886)35,588(24,906) (3,662)55,361(88,581)
Trend: Revenue peaked in March (AED 302K) and November (AED 223K). EBITDA positive from March onwards with intermittent losses. December includes AED 84.9K one-time disposal loss. Staff costs scaled through the year.

Balance Sheet Highlights

As at May & June 2026 · AED
AssetsMay 2026Jun 2026Change
Cash & Equivalents65,89445,668(20,226)
Accounts Receivable32,56223,953(8,609)
Inventory42,74435,080(7,664)
Other Current Assets52,99956,4213,422
Total Current Assets194,199161,122(33,077)
Fixed Assets (Net)586,242568,197(18,045)
Other Non-Current Assets13,00019,1056,105
Total Assets793,441748,424(45,017)
Liabilities & EquityMay 2026Jun 2026Change
Accounts Payable44,46713,863(30,604)
Other Current Liabilities62,78170,3557,574
Total Liabilities902,208879,178(23,030)
Shareholders’ Loans794,960794,9600
Retained Earnings / (Deficit)(903,727)(925,714)(21,987)
Total Equity(108,767)(130,754)(21,987)

Executive Summary

Engagement Overview & Outlook
Engagement Summary
Full-cycle financial management for a multi-location restaurant group in the UAE. Monthly P&L, balance sheet, and cash flow within 5 business days of month-end across 9 revenue channels. Automated COGS tracking across 200+ ingredients. Reconciled AED 1.8M+ aggregator payouts. Built rolling 13-week cash flow forecast.
Outlook
EBITDA turned positive in H2 2025. Cash management improved with AP reduced by AED 30.6K from May to June. The trajectory is positive despite the one-time disposal loss.
Strengths
  • Strong gross margin (61.6%) — good food cost control
  • Low debt-to-equity ratio — conservative capital structure
  • Healthy current ratio (3.9x) — strong liquidity
  • Diversified revenue across 6+ channels (dine-in, 5 aggregators, catering)
Areas for Improvement
  • Net loss of AED 61.4K — operational efficiency needs improvement
  • G&A cost at 20.0% exceeds 10-15% benchmark
  • Negative equity of AED 130.8K driven by shareholder loans
  • December AED 84.9K loss on disposal (government demolition)

Key Achievements

1 Reduced monthly close cycle from 12 to 4 days through automated data ingestion across 9 revenue channels
2 Reconciled AED 1.8M+ in aggregator payouts (Talabat, Noon, Deliveroo, Zomato, Keeta) with 99.8% accuracy
3 Identified AED 28K in annual savings by optimising aggregator commission categories
4 Built rolling 13-week cash flow forecast reducing stock-out incidents by 40%
5 Implemented SKU-level COGS tracking across 200+ ingredients improving gross margin visibility
Restaurant Group · Annual Financial Review 2025  
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