vs

Side-by-side financial comparison of Good Times Restaurants Inc. (GTIM) and SPAR Group, Inc. (SGRP). Click either name above to swap in a different company.

Good Times Restaurants Inc. is the larger business by last-quarter revenue ($32.7M vs $22.0M, roughly 1.5× SPAR Group, Inc.). Good Times Restaurants Inc. runs the higher net margin — 0.6% vs -74.1%, a 74.7% gap on every dollar of revenue. On growth, Good Times Restaurants Inc. posted the faster year-over-year revenue change (-10.0% vs -33.4%). Good Times Restaurants Inc. produced more free cash flow last quarter ($1.2M vs $-3.9M). Over the past eight quarters, Good Times Restaurants Inc.'s revenue compounded faster (-0.7% CAGR vs -33.2%).

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.

SPAR, originally "DESPAR", styled as "DE SPAR", is a Dutch multinational franchise that provides branding, supplies and support services for independently owned and operated food retail stores. It was founded in the Netherlands in 1932, by Adriaan van Well, although the largest number of stores are located in the United Kingdom.

GTIM vs SGRP — Head-to-Head

Bigger by revenue
GTIM
GTIM
1.5× larger
GTIM
$32.7M
$22.0M
SGRP
Growing faster (revenue YoY)
GTIM
GTIM
+23.4% gap
GTIM
-10.0%
-33.4%
SGRP
Higher net margin
GTIM
GTIM
74.7% more per $
GTIM
0.6%
-74.1%
SGRP
More free cash flow
GTIM
GTIM
$5.2M more FCF
GTIM
$1.2M
$-3.9M
SGRP
Faster 2-yr revenue CAGR
GTIM
GTIM
Annualised
GTIM
-0.7%
-33.2%
SGRP

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GTIM
GTIM
SGRP
SGRP
Revenue
$32.7M
$22.0M
Net Profit
$181.0K
$-16.3M
Gross Margin
-10.6%
Operating Margin
0.9%
-57.8%
Net Margin
0.6%
-74.1%
Revenue YoY
-10.0%
-33.4%
Net Profit YoY
10.4%
-186.2%
EPS (diluted)
$0.02
$-0.69

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
GTIM
GTIM
SGRP
SGRP
Q4 25
$32.7M
$22.0M
Q3 25
$37.0M
$41.4M
Q2 25
$34.3M
$38.6M
Q1 25
$34.0M
Q4 24
$36.3M
$33.0M
Q3 24
$35.8M
$37.8M
Q2 24
$38.0M
$43.4M
Q1 24
$35.4M
$49.4M
Net Profit
GTIM
GTIM
SGRP
SGRP
Q4 25
$181.0K
$-16.3M
Q3 25
$1.5M
$-8.8M
Q2 25
$-624.0K
$-1.0K
Q1 25
$462.0K
Q4 24
$164.0K
$-5.7M
Q3 24
$230.0K
$-182.0K
Q2 24
$1.3M
$-3.9M
Q1 24
$618.0K
$6.6M
Gross Margin
GTIM
GTIM
SGRP
SGRP
Q4 25
-10.6%
Q3 25
18.6%
Q2 25
23.5%
Q1 25
21.4%
Q4 24
19.6%
Q3 24
22.3%
Q2 24
20.7%
Q1 24
19.7%
Operating Margin
GTIM
GTIM
SGRP
SGRP
Q4 25
0.9%
-57.8%
Q3 25
3.3%
-14.3%
Q2 25
-1.5%
1.9%
Q1 25
3.0%
Q4 24
0.2%
-16.6%
Q3 24
-0.3%
-4.0%
Q2 24
3.2%
-2.2%
Q1 24
1.8%
17.6%
Net Margin
GTIM
GTIM
SGRP
SGRP
Q4 25
0.6%
-74.1%
Q3 25
4.0%
-21.2%
Q2 25
-1.8%
-0.0%
Q1 25
1.4%
Q4 24
0.5%
-17.3%
Q3 24
0.6%
-0.5%
Q2 24
3.5%
-9.0%
Q1 24
1.7%
13.4%
EPS (diluted)
GTIM
GTIM
SGRP
SGRP
Q4 25
$0.02
$-0.69
Q3 25
$0.14
$-0.37
Q2 25
$-0.06
$0.00
Q1 25
$0.02
Q4 24
$0.02
$-0.24
Q3 24
$0.01
$-0.01
Q2 24
$0.12
$-0.16
Q1 24
$0.06
$0.28

Balance Sheet & Financial Strength

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

Metric
GTIM
GTIM
SGRP
SGRP
Cash + ST InvestmentsLiquidity on hand
$3.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$33.2M
$622.0K
Total Assets
$82.5M
$44.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GTIM
GTIM
SGRP
SGRP
Q4 25
$3.3M
Q3 25
$8.2M
Q2 25
$2.7M
$13.9M
Q1 25
$17.9M
Q4 24
$3.0M
$18.2M
Q3 24
$3.9M
$19.7M
Q2 24
$21.7M
Q1 24
$4.0M
$16.6M
Stockholders' Equity
GTIM
GTIM
SGRP
SGRP
Q4 25
$33.2M
$622.0K
Q3 25
$33.1M
$16.6M
Q2 25
$31.6M
$24.9M
Q1 25
$24.7M
Q4 24
$32.4M
$24.3M
Q3 24
$32.4M
$29.3M
Q2 24
$32.3M
$29.4M
Q1 24
$31.6M
$33.0M
Total Assets
GTIM
GTIM
SGRP
SGRP
Q4 25
$82.5M
$44.1M
Q3 25
$85.8M
$61.7M
Q2 25
$86.9M
$71.6M
Q1 25
$70.2M
Q4 24
$89.5M
$56.4M
Q3 24
$87.1M
$67.4M
Q2 24
$90.1M
$70.0M
Q1 24
$89.0M
$104.5M

Cash Flow & Capital Efficiency

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

Metric
GTIM
GTIM
SGRP
SGRP
Operating Cash FlowLast quarter
$1.4M
$-2.5M
Free Cash FlowOCF − Capex
$1.2M
$-3.9M
FCF MarginFCF / Revenue
3.8%
-17.8%
Capex IntensityCapex / Revenue
0.6%
6.6%
Cash ConversionOCF / Net Profit
7.85×
TTM Free Cash FlowTrailing 4 quarters
$-72.0K
$-21.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GTIM
GTIM
SGRP
SGRP
Q4 25
$1.4M
$-2.5M
Q3 25
$1.3M
$-4.1M
Q2 25
$714.0K
$-7.9M
Q1 25
$-4.0M
Q4 24
$-518.0K
$65.0K
Q3 24
$394.0K
$-900.0K
Q2 24
$3.2M
$-445.0K
Q1 24
$1.8M
$615.0K
Free Cash Flow
GTIM
GTIM
SGRP
SGRP
Q4 25
$1.2M
$-3.9M
Q3 25
$735.0K
$-4.6M
Q2 25
$-105.0K
$-8.3M
Q1 25
$-4.6M
Q4 24
$-1.9M
$-166.0K
Q3 24
$-466.0K
$-1.0M
Q2 24
$2.0M
$-785.0K
Q1 24
$1.2M
$184.0K
FCF Margin
GTIM
GTIM
SGRP
SGRP
Q4 25
3.8%
-17.8%
Q3 25
2.0%
-11.2%
Q2 25
-0.3%
-21.5%
Q1 25
-13.4%
Q4 24
-5.3%
-0.5%
Q3 24
-1.3%
-2.7%
Q2 24
5.3%
-1.8%
Q1 24
3.2%
0.4%
Capex Intensity
GTIM
GTIM
SGRP
SGRP
Q4 25
0.6%
6.6%
Q3 25
1.4%
1.4%
Q2 25
2.4%
1.1%
Q1 25
1.5%
Q4 24
3.9%
0.7%
Q3 24
2.4%
0.3%
Q2 24
3.2%
0.8%
Q1 24
1.7%
0.9%
Cash Conversion
GTIM
GTIM
SGRP
SGRP
Q4 25
7.85×
Q3 25
0.85×
Q2 25
Q1 25
-8.75×
Q4 24
-3.16×
Q3 24
1.71×
Q2 24
2.44×
Q1 24
2.86×
0.09×

Financial Flow Comparison

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

Related Comparisons