For the quarter ending 2025-09-28, PTLO had $613K increase in cash & cash equivalents over the period. -$4,968K in free cash flow.
| Cash Flow | 2025-09-28 | 2025-06-29 |
|---|---|---|
| Net income | 782 | 14,033 |
| Depreciation and amortization | 7,312 | 14,177 |
| Amortization of debt issuance costs and discount | 172 | 349 |
| Loss on sales of assets | -106 | -142 |
| Equity-based compensation | -320 | 4,608 |
| Deferred income tax expense | -1,247 | 5,039 |
| Tax receivable agreement liability adjustment | -353 | 2,485 |
| Gift card breakage | 154 | 502 |
| Asset impairment | 2,200 | - |
| Accounts receivable | 303 | -180 |
| Receivables from related parties | 86 | 16 |
| Inventories | -873 | 2,183 |
| Other current assets | -1,119 | -1,161 |
| Operating lease assets | -2,522 | -4,557 |
| Accounts payable | 743 | -7,439 |
| Accrued expenses and other liabilities | 5,988 | -3,984 |
| Operating lease liabilities | -689 | -1,607 |
| Deferred lease incentives | -600 | -1,586 |
| Other assets and liabilities | -77 | -1,077 |
| Net cash provided by operating activities | 20,048 | 28,693 |
| Purchase of property and equipment | 25,016 | 33,081 |
| Proceeds from the sale of property and equipment | 13 | 5 |
| Net cash used in investing activities | -25,003 | -33,076 |
| Proceeds from short-term debt, net | 7,000 | 45,000 |
| Payments of long-term debt | 1,562 | 38,750 |
| Proceeds from equity offering, net of underwriting discounts | 0 | 0 |
| Repurchase of outstanding equity / portillo's opco units | 0 | 0 |
| Distributions paid to non-controlling interest holders | 0 | 1,291 |
| Proceeds from stock option exercises | 0 | 2,727 |
| Employee withholding taxes related to net settled equity awards | 97 | 887 |
| Proceeds from employee stock purchase plan purchases | 87 | 278 |
| Payments of tax receivable agreement liability | 0 | 7,686 |
| Payment of deferred financing costs | 0 | 1,263 |
| Contributions from non-controlling interests | 140 | - |
| Net cash provided by (used) in financing activities | 5,568 | -1,872 |
| Net (decrease) increase in cash and cash equivalents and restricted cash | 613 | -6,255 |
| Cash and cash equivalents at beginning of period | 22,876 | - |
| Cash and cash equivalents at end of period | 17,234 | - |
Portillo's Inc. (PTLO)
Portillo's Inc. (PTLO)