Burger Fuel Group Limited Analysis

Overview

The company listed on the NZAX market in July 2007.

The offer was for up to 15m shares (25% of the total) at $1 each with a minimum of $8m sought in order to list. Investors received 1 option for every 5 shares they acquired.

Founding Shareholders Chris Mason and Josef Roberts purchased shares from the public pool, on the same terms as all other applicants, to ensure the minimum subscription was met.

BFW has four main areas of revenue: up-front franchise fees, on-going royalty fees, sales of certain proprietary goods and store income from company-owned stores.

Performance

The following information was extracted from Burger Fuel Group Limited's full year results, released on 29 May 2026:

Net Profit after tax for the period was $1,968,937 representing a 91.8% increase on the previous year.

The FY26 profit result represented a solid continuation of momentum from our half year performance, resulting in a considerable profit uplift on the prior year and reflecting a strong overall performance by the Group. The FY26 result was largely driven by three main factors: increased sales across the business, a reduced requirement to incur the significant legal costs of prior years’ FY24 and FY25 and a one-off gain of $288K generated from the sale of the company-owned BurgerFuel Ponsonby store, in December 2025.

The result demonstrates the Group’s ability to deliver stability and growth despite the ongoing hurdles within the broader economic environment and particularly the hospitality sector. Given the economic challenges of FY26, this represents a very strong outcome for the Group and our best result to date.

BFG (unaudited) Total System Sales (all three brands, all regions) increased by 2.93% to $111.4M on the same period last year. Total revenue for the Group was up 2.63% to $25.6M