VSTD Chart
About

Vestand Inc. together with its subsidiaries, owns and operates Japanese restaurants in California. It offers bone broth, ramen, rice bowls, appetizers, sushi rolls, bento boxes, and other Japanese cuisines. Vestand Inc. was formerly known as Yoshiharu Global Co. and changed its name to Vestand Inc. in September 2025. The company was founded in 2016 and is based in Brea, California.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Restaurants Market Cap 4.81M
Enterprise Value 15.75M Income -3.31M Sales 13.90M
Book/sh 0.45 Cash/sh 0.09 Dividend Yield
Payout 0.00% Employees 259 IPO
P/E Forward P/E PEG
P/S 0.35 P/B 0.73 P/C
EV/EBITDA -5.58 EV/Sales 1.13 Quick Ratio 0.27
Current Ratio 0.57 Debt/Eq 263.90 LT Debt/Eq
EPS (ttm) -0.62 EPS next Y EPS Growth
Revenue Growth 10.90% Earnings ROA -13.16%
ROE -122.18% ROIC Gross Margin 12.25%
Oper. Margin -46.15% Profit Margin -23.83% Shs Outstand 14.12M
Shs Float 11.93M Short Float 0.51% Short Ratio 0.59
Short Interest 52W High 4.92 52W Low 0.20
Beta 0.63 Avg Volume 388.79K Volume 40.31K
Target Price Recom None Prev Close $0.32
Price $0.33 Change 2.35%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
Mean price target
2. Current target
$0.33
Latest analyst target
3. DCF / Fair value
$-3.62
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.33
Low
High
Mean
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 55889 24172 Sale at price 0.41 - 0.45 per share. CHAE JAMES Beneficial Owner of more than 10% of a Class of Security 2025-12-12 00:00:00 D
1 10000 4122 Sale at price 0.41 per share. CHAE JAMES Beneficial Owner of more than 10% of a Class of Security 2025-12-08 00:00:00 D
2 45000 25374 Sale at price 0.55 - 0.58 per share. CHAE JAMES Beneficial Owner of more than 10% of a Class of Security 2025-11-28 00:00:00 D
3 8000 4479 Sale at price 0.55 - 0.58 per share. CHAE JAMES Beneficial Owner of more than 10% of a Class of Security 2025-11-24 00:00:00 D
4 9960 5479 Sale at price 0.53 - 0.58 per share. CHAE JAMES Beneficial Owner of more than 10% of a Class of Security 2025-11-19 00:00:00 D
5 55000 30048 Sale at price 0.53 - 0.56 per share. CHAE JAMES Beneficial Owner of more than 10% of a Class of Security 2025-11-14 00:00:00 D
6 109427 61243 Sale at price 0.54 - 0.58 per share. CHAE JAMES Beneficial Owner of more than 10% of a Class of Security 2025-11-06 00:00:00 D
7 85708 56312 Sale at price 0.52 - 0.89 per share. CHAE JAMES Beneficial Owner of more than 10% of a Class of Security 2025-11-04 00:00:00 D
8 35000 33385 Sale at price 0.85 - 1.06 per share. CHAE JAMES Beneficial Owner of more than 10% of a Class of Security 2025-10-30 00:00:00 D
9 18039 22097 Sale at price 1.20 - 1.26 per share. CHAE JAMES Beneficial Owner of more than 10% of a Class of Security 2025-10-24 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.00148.97K0.0072.87K
TaxRateForCalcs0.210.210.000.27
NormalizedEBITDA-1.31M-2.94M-3.11M-1.69M
TotalUnusualItems0.00709.37K385.90K269.89K
TotalUnusualItemsExcludingGoodwill0.00709.37K385.90K269.89K
NetIncomeFromContinuingOperationNetMinorityInterest-2.67M-3.04M-3.49M-1.63M
ReconciledDepreciation862.15K545.55K658.37K138.66K
ReconciledCostOfRevenue11.32M8.85M8.12M6.32M
EBITDA-1.31M-2.23M-2.72M-1.42M
EBIT-2.18M-2.77M-3.38M-1.56M
NetInterestIncome-455.22K-218.15K-88.30K-52.22K
InterestExpense455.22K218.15K88.30K52.22K
NormalizedIncome-2.67M-3.60M-3.87M-1.83M
NetIncomeFromContinuingAndDiscontinuedOperation-2.67M-3.04M-3.49M-1.63M
TotalExpenses15.39M12.73M12.07M8.40M
RentExpenseSupplemental1.77M1.13M1.10M689.71K
TotalOperatingIncomeAsReported-2.56M-3.52M-3.78M-1.86M
DilutedAverageShares5.38M5.32M4.31M5.18M
BasicAverageShares5.38M5.32M4.31M5.18M
DilutedEPS-0.49-0.57-0.81-0.32
BasicEPS-0.49-0.57-0.81-0.32
DilutedNIAvailtoComStockholders-2.67M-3.04M-3.49M-1.63M
NetIncomeCommonStockholders-2.67M-3.04M-3.49M-1.63M
NetIncome-2.67M-3.04M-3.49M-1.63M
NetIncomeIncludingNoncontrollingInterests-2.67M-3.04M-3.49M-1.63M
NetIncomeContinuousOperations-2.67M-3.04M-3.49M-1.63M
TaxProvision34.24K48.65K19.25K14.65K
PretaxIncome-2.63M-2.99M-3.47M-1.62M
OtherIncomeExpense378.62K741.69K404.41K296.37K
OtherNonOperatingIncomeExpenses378.62K32.32K18.51K26.49K
SpecialIncomeCharges0.00709.37K385.90K269.89K
GainOnSaleOfPPE0.008.92K0.00
OtherSpecialCharges-700.45K-385.90K-269.89K
NetNonOperatingInterestIncomeExpense-455.22K-218.15K-88.30K-52.22K
InterestExpenseNonOperating455.22K218.15K88.30K52.22K
OperatingIncome-2.56M-3.52M-3.78M-1.86M
OperatingExpense4.07M3.88M3.95M2.07M
OtherOperatingExpenses139.77K339.74K916.89K
SellingGeneralAndAdministration3.93M3.54M3.03M2.07M
SellingAndMarketingExpense100.06K120.87K148.66K31.95K
GeneralAndAdministrativeExpense3.83M3.42M2.88M2.04M
OtherGandA3.83M3.42M2.88M2.04M
GrossProfit1.52M364.39K166.09K214.59K
CostOfRevenue11.32M8.85M8.12M6.32M
TotalRevenue12.84M9.21M8.28M6.54M
OperatingRevenue12.84M9.21M8.28M6.54M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber5.60M5.32M5.18M5.50M
ShareIssued5.60M5.32M5.18M5.50M
NetDebt5.86M1.93M3.07M
TotalDebt15.40M9.65M9.63M6.47M
TangibleBookValue-2.22M2.65M5.64M-2.32M
InvestedCapital7.35M6.04M8.55M1.84M
WorkingCapital-4.58M-1.73M4.21M-2.52M
NetTangibleAssets-2.22M2.65M5.64M-2.32M
CapitalLeaseObligations8.30M6.26M6.72M2.31M
CommonStockEquity255.40K2.65M5.64M-2.32M
TotalCapitalization4.21M4.06M7.77M95.25K
TotalEquityGrossMinorityInterest255.40K2.65M5.64M-2.32M
StockholdersEquity255.40K2.65M5.64M-2.32M
OtherEquityInterest-60.00K
RetainedEarnings-12.01M-9.34M-6.30M-2.81M
AdditionalPaidInCapital12.26M11.99M11.94M553.46K
CapitalStock140.00133.00133.00946.00
CommonStock140.00133.00133.00946.00
TotalLiabilitiesNetMinorityInterest17.32M10.37M10.38M8.15M
TotalNonCurrentLiabilitiesNetMinorityInterest11.28M7.10M8.39M4.51M
LongTermDebtAndCapitalLeaseObligation11.28M7.10M8.39M4.51M
LongTermCapitalLeaseObligation7.32M5.69M6.26M2.09M
LongTermDebt3.95M1.41M2.13M2.41M
CurrentLiabilities6.04M3.27M1.99M3.65M
CurrentDebtAndCapitalLeaseObligation4.12M2.56M1.24M1.96M
CurrentCapitalLeaseObligation975.21K572.23K458.80K214.99K
CurrentDebt3.14M1.98M778.32K1.74M
OtherCurrentBorrowings2.11M449.08K478.31K1.74M
LineOfCredit1.03M1.53M300.00K0.00
PayablesAndAccruedExpenses1.92M713.51K750.02K1.69M
Payables1.92M713.51K750.02K1.69M
OtherPayable1.08M65.70K5.92K88.44K
DuetoRelatedPartiesCurrent1.38M
AccountsPayable843.32K647.81K744.10K1.60M
TotalAssets17.57M13.02M16.02M5.84M
TotalNonCurrentAssets16.11M11.48M9.82M4.71M
OtherNonCurrentAssets452.89K1.25M129.72K157.95K
NonCurrentPrepaidAssets182.53K209.84K139.34K
NonCurrentNoteReceivables100.30K100.30K39.30K
NonCurrentAccountsReceivable300.27K370.33K370.33K
GoodwillAndOtherIntangibleAssets2.48M0.00
OtherIntangibleAssets491.22K
Goodwill1.99M0.00
NetPPE12.60M9.55M9.14M4.55M
AccumulatedDepreciation-2.52M-1.70M-1.18M-518.05K
GrossPPE15.11M11.25M10.32M5.07M
Leases5.40M4.45M3.53M2.47M
OtherProperties7.47M5.46M5.98M2.21M
MachineryFurnitureEquipment2.25M1.34M801.25K396.04K
Properties0.000.000.000.00
CurrentAssets1.46M1.54M6.20M1.12M
Inventory139.42K73.02K60.90K36.57K
Receivables84.11K0.00
AccountsReceivable84.11K0.00
CashCashEquivalentsAndShortTermInvestments1.24M1.46M6.14M1.09M
CashAndCashEquivalents1.24M1.46M6.14M1.09M
CashFinancial1.24M1.46M6.14M1.09M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow113.70K-6.06M-5.27M-702.47K
RepaymentOfDebt-933.76K-777.05K-209.72K-196.21K
IssuanceOfDebt2.13M2.11M558.13K1.40M
IssuanceOfCapitalStock267.79K56.00K10.35M1.28M
CapitalExpenditure-761.53K-1.47M-1.47M-896.62K
InterestPaidSupplementalData443.49K218.15K88.30K52.22K
IncomeTaxPaidSupplementalData34.24K48.65K19.25K14.65K
EndCashPosition1.24M1.46M6.14M1.09M
BeginningCashPosition1.46M6.14M716.77K0.00
ChangesInCash-221.29K-4.68M5.42M1.09M
FinancingCashFlow1.47M1.39M10.69M1.79M
CashFlowFromContinuingFinancingActivities1.47M1.39M10.69M1.79M
CashDividendsPaid0.00-696.58K
CommonStockDividendPaid0.00-696.58K
NetCommonStockIssuance267.79K56.00K10.35M1.28M
CommonStockIssuance267.79K56.00K10.35M1.28M
NetIssuancePaymentsOfDebt1.20M1.33M348.41K1.21M
NetShortTermDebtIssuance0.00700.00K300.00K-29.06K
ShortTermDebtPayments-61.16K0.00-29.06K
ShortTermDebtIssuance0.00700.00K300.00K0.00
NetLongTermDebtIssuance1.20M630.35K48.41K1.24M
LongTermDebtPayments-933.76K-777.05K-209.72K-167.15K
LongTermDebtIssuance2.13M1.41M258.13K1.40M
InvestingCashFlow-2.56M-1.47M-1.47M-896.62K
CashFlowFromContinuingInvestingActivities-2.56M-1.47M-1.47M-896.62K
NetBusinessPurchaseAndSale-1.80M
PurchaseOfBusiness-1.80M
NetPPEPurchaseAndSale-761.53K-1.47M-1.47M-896.62K
PurchaseOfPPE-761.53K-1.47M-1.47M-896.62K
OperatingCashFlow875.22K-4.59M-3.80M194.14K
CashFlowFromContinuingOperatingActivities875.22K-4.59M-3.80M194.14K
ChangeInWorkingCapital2.68M-1.39M-583.87K707.85K
ChangeInOtherCurrentLiabilities471.80K
ChangeInOtherCurrentAssets896.57K-1.25M-150.40K-105.73K
ChangeInPayablesAndAccruedExpense1.92M-122.67K-409.14K834.42K
ChangeInPayable1.92M-122.67K-409.14K834.42K
ChangeInAccountPayable198.98K-33.91K883.87K296.92K
ChangeInInventory-53.61K-12.12K-24.33K-20.84K
ChangeInReceivables-84.11K0.00
ChangesInAccountReceivables-84.11K0.00
OtherNonCashItems1.25M
DepreciationAmortizationDepletion862.15K545.55K658.37K138.66K
DepreciationAndAmortization862.15K545.55K658.37K138.66K
AmortizationCashFlow39.83K
AmortizationOfIntangibles39.83K
Depreciation822.32K545.55K658.37K138.66K
OperatingGainsLosses-709.37K-385.90K-269.89K
GainLossOnSaleOfPPE0.00-8.92K0.00
NetIncomeFromContinuingOperations-2.67M-3.04M-3.49M-1.63M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for VSTD
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status