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Side-by-side financial comparison of ALERUS FINANCIAL CORP (ALRS) and Good Times Restaurants Inc. (GTIM). Click either name above to swap in a different company.

ALERUS FINANCIAL CORP is the larger business by last-quarter revenue ($45.2M vs $32.7M, roughly 1.4× Good Times Restaurants Inc.). Good Times Restaurants Inc. runs the higher net margin — 0.6% vs -73.2%, a 73.7% gap on every dollar of revenue. On growth, ALERUS FINANCIAL CORP posted the faster year-over-year revenue change (18.0% vs -10.0%). ALERUS FINANCIAL CORP produced more free cash flow last quarter ($58.8M vs $1.2M). Over the past eight quarters, Good Times Restaurants Inc.'s revenue compounded faster (-0.7% CAGR vs -2.5%).

Alerus Financial Corporation, marketed as simply Alerus, is a chain of financial institutions headquartered in Grand Forks, North Dakota, with locations in North Dakota, Minnesota, Wisconsin, and Arizona. Alerus offers banking, mortgage, wealth management, and retirement services.

Good Times is a Golden, Colorado–based fast-food restaurant specializing in premium burgers and frozen custard. As of July 2023, the chain operates 31 locations, down from 38 in 2015.

ALRS vs GTIM — Head-to-Head

Bigger by revenue
ALRS
ALRS
1.4× larger
ALRS
$45.2M
$32.7M
GTIM
Growing faster (revenue YoY)
ALRS
ALRS
+28.0% gap
ALRS
18.0%
-10.0%
GTIM
Higher net margin
GTIM
GTIM
73.7% more per $
GTIM
0.6%
-73.2%
ALRS
More free cash flow
ALRS
ALRS
$57.6M more FCF
ALRS
$58.8M
$1.2M
GTIM
Faster 2-yr revenue CAGR
GTIM
GTIM
Annualised
GTIM
-0.7%
-2.5%
ALRS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ALRS
ALRS
GTIM
GTIM
Revenue
$45.2M
$32.7M
Net Profit
$-33.1M
$181.0K
Gross Margin
Operating Margin
-96.0%
0.9%
Net Margin
-73.2%
0.6%
Revenue YoY
18.0%
-10.0%
Net Profit YoY
-49232.8%
10.4%
EPS (diluted)
$-1.27
$0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALRS
ALRS
GTIM
GTIM
Q4 25
$45.2M
$32.7M
Q3 25
$72.6M
$37.0M
Q2 25
$74.8M
$34.3M
Q1 25
$68.8M
Q4 24
$72.2M
$36.3M
Q3 24
$50.9M
$35.8M
Q2 24
$51.4M
$38.0M
Q1 24
$47.5M
$35.4M
Net Profit
ALRS
ALRS
GTIM
GTIM
Q4 25
$-33.1M
$181.0K
Q3 25
$16.9M
$1.5M
Q2 25
$20.3M
$-624.0K
Q1 25
$13.3M
Q4 24
$-67.0K
$164.0K
Q3 24
$5.2M
$230.0K
Q2 24
$6.2M
$1.3M
Q1 24
$6.4M
$618.0K
Operating Margin
ALRS
ALRS
GTIM
GTIM
Q4 25
-96.0%
0.9%
Q3 25
30.4%
3.3%
Q2 25
35.2%
-1.5%
Q1 25
25.5%
Q4 24
-0.8%
0.2%
Q3 24
13.4%
-0.3%
Q2 24
15.8%
3.2%
Q1 24
17.9%
1.8%
Net Margin
ALRS
ALRS
GTIM
GTIM
Q4 25
-73.2%
0.6%
Q3 25
23.3%
4.0%
Q2 25
27.1%
-1.8%
Q1 25
19.4%
Q4 24
-0.2%
0.5%
Q3 24
10.2%
0.6%
Q2 24
12.1%
3.5%
Q1 24
13.5%
1.7%
EPS (diluted)
ALRS
ALRS
GTIM
GTIM
Q4 25
$-1.27
$0.02
Q3 25
$0.65
$0.14
Q2 25
$0.78
$-0.06
Q1 25
$0.52
Q4 24
$-0.06
$0.02
Q3 24
$0.26
$0.01
Q2 24
$0.31
$0.12
Q1 24
$0.32
$0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALRS
ALRS
GTIM
GTIM
Cash + ST InvestmentsLiquidity on hand
$67.2M
Total DebtLower is stronger
$59.2M
Stockholders' EquityBook value
$564.9M
$33.2M
Total Assets
$5.2B
$82.5M
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALRS
ALRS
GTIM
GTIM
Q4 25
$67.2M
Q3 25
$92.0M
Q2 25
$80.9M
$2.7M
Q1 25
$83.0M
Q4 24
$61.2M
$3.0M
Q3 24
$66.0M
$3.9M
Q2 24
$438.1M
Q1 24
$545.8M
$4.0M
Total Debt
ALRS
ALRS
GTIM
GTIM
Q4 25
$59.2M
Q3 25
$59.2M
Q2 25
$59.1M
Q1 25
$59.1M
Q4 24
$59.1M
Q3 24
$59.0M
Q2 24
$59.0M
Q1 24
$59.0M
Stockholders' Equity
ALRS
ALRS
GTIM
GTIM
Q4 25
$564.9M
$33.2M
Q3 25
$550.7M
$33.1M
Q2 25
$533.2M
$31.6M
Q1 25
$514.2M
Q4 24
$495.4M
$32.4M
Q3 24
$386.5M
$32.4M
Q2 24
$373.2M
$32.3M
Q1 24
$371.6M
$31.6M
Total Assets
ALRS
ALRS
GTIM
GTIM
Q4 25
$5.2B
$82.5M
Q3 25
$5.3B
$85.8M
Q2 25
$5.3B
$86.9M
Q1 25
$5.3B
Q4 24
$5.3B
$89.5M
Q3 24
$4.4B
$87.1M
Q2 24
$4.4B
$90.1M
Q1 24
$4.3B
$89.0M
Debt / Equity
ALRS
ALRS
GTIM
GTIM
Q4 25
0.10×
Q3 25
0.11×
Q2 25
0.11×
Q1 25
0.11×
Q4 24
0.12×
Q3 24
0.15×
Q2 24
0.16×
Q1 24
0.16×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALRS
ALRS
GTIM
GTIM
Operating Cash FlowLast quarter
$67.5M
$1.4M
Free Cash FlowOCF − Capex
$58.8M
$1.2M
FCF MarginFCF / Revenue
130.2%
3.8%
Capex IntensityCapex / Revenue
19.3%
0.6%
Cash ConversionOCF / Net Profit
7.85×
TTM Free Cash FlowTrailing 4 quarters
$102.4M
$-72.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALRS
ALRS
GTIM
GTIM
Q4 25
$67.5M
$1.4M
Q3 25
$32.8M
$1.3M
Q2 25
$10.7M
$714.0K
Q1 25
$7.7M
Q4 24
$21.7M
$-518.0K
Q3 24
$20.2M
$394.0K
Q2 24
$-12.5M
$3.2M
Q1 24
$11.7M
$1.8M
Free Cash Flow
ALRS
ALRS
GTIM
GTIM
Q4 25
$58.8M
$1.2M
Q3 25
$30.3M
$735.0K
Q2 25
$7.6M
$-105.0K
Q1 25
$5.7M
Q4 24
$9.4M
$-1.9M
Q3 24
$17.4M
$-466.0K
Q2 24
$-16.1M
$2.0M
Q1 24
$10.8M
$1.2M
FCF Margin
ALRS
ALRS
GTIM
GTIM
Q4 25
130.2%
3.8%
Q3 25
41.8%
2.0%
Q2 25
10.1%
-0.3%
Q1 25
8.2%
Q4 24
13.0%
-5.3%
Q3 24
34.2%
-1.3%
Q2 24
-31.4%
5.3%
Q1 24
22.8%
3.2%
Capex Intensity
ALRS
ALRS
GTIM
GTIM
Q4 25
19.3%
0.6%
Q3 25
3.4%
1.4%
Q2 25
4.2%
2.4%
Q1 25
3.0%
Q4 24
17.1%
3.9%
Q3 24
5.4%
2.4%
Q2 24
7.2%
3.2%
Q1 24
1.9%
1.7%
Cash Conversion
ALRS
ALRS
GTIM
GTIM
Q4 25
7.85×
Q3 25
1.94×
0.85×
Q2 25
0.53×
Q1 25
0.58×
Q4 24
-3.16×
Q3 24
3.88×
1.71×
Q2 24
-2.01×
2.44×
Q1 24
1.82×
2.86×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALRS
ALRS

Other$17.3M38%
Retirement And Benefit Services$17.3M38%
Wealth Management$7.4M16%
Mortgage Banking$3.2M7%

GTIM
GTIM

Segment breakdown not available.

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