Pasta Evangelists’ losses climb to £16.4m in 2024
Gross profit for the year increased by 25.71%.
Pasta Evangelists’ loss for the financial year increased to £16.4m for the year ended 31 December 2024, compared to £14.6m from the year before.
Turnover sales climbed 3% from £32.2m to £33.2m for FY2024. Gross profit surged to £19.7m, up from £15.7m in the year before.
Despite the loss, the company said it will continue its strategy of opening and designing new High Street and travel hub restaurant concepts in the UK. In 2024, Pasta Evangelists opened four restaurants, including two restaurants operated by the group’s first franchise partners.
The group said it operates 51 restaurants and local food delivery locations in the UK. It said it will continue to invest in its technology stack, testing the integration of technology and in-person service in its restaurants, and developing the enterprise resource management 'backbone' throughout the business operations.
