FoodBud
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RankingsInsightsMixue SeriesArchiveMethodologyDataSearch中文
FoodBud

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Company card

Collins Foods Limited

Medium
Group★Golden 50est. scale

ASX CKF.AX · Australia_NZ

Listing status
listed
Operating model
Franchise / master franchise
Scale basis
Revenue proxy
Confidence
Medium
Segment
qsr chicken

KFC Australia 是成熟直营/特许经营加盟商运营能力样本:288 店贡献 AUD 1.154B revenue 和 AUD 222.6M underlying EBITDA。欧洲 78 店仍有扩张空间但 FY25 受 Netherlands impairment 和低利润拖累;Taco Bell 27 店 EBITDA 为负且公司决定退出。Sizzler Asia 已作为 discontinued operation 在 FY24 完成出售,不应混入 FY25 餐饮连锁核心门店数。

Scale basis note

Recognized company revenue. Useful for accounting scale, but not directly comparable with GMV/system sales.

Compare this operator
Every number has a source row

Metrics below keep source tier, quality, period, and source link visible at the metric level.

Source tiers
S1Official primary — filings, annual reports, prospectuses
S2Official secondary — IR decks, transcripts
S3Supplementary — vetted media, databases
S0Not usable — flagged, never published

Source tiers — S1 official primary · S2 official secondary · S3 supplementary · S0 not usable. Open “Provenance” on any number for its tier, basis, precision, and do-not-use note.

GMV is not revenue

GMV/system sales, revenue, and royalty pool sales are separate scale bases. Screening proxies are directional only.

MetricValuePeriod / basisQualitySource
Stores
Reported restaurant, coffee shop, tea shop, bakery, or comparable chain units.
393 stores
FY2025 (Apr 27, 2025): Collins Foods' global footprint encompasses approximately 393 restaurants—366 KFC and 27 Taco Bell—288 KFC in Australia, 62 KFC in the Netherlands, 16 KFC in Germany, and 27 Taco Bell in Australia.
Source-backed
S1 official primary (opens in new tab)
Regulatory Filing · Collins Foods' global footprint encompasses approximately 393 restaurants—366 KFC and 27 Taco Bell—288 KFC in Australia, 62 KFC in the Netherlands, 16 KFC in Germany, and 27 Taco Bell in Australia.
Provenance
Tier: S1 official primary
Source: Regulatory Filing
Scale
Recognized company revenue. Useful for accounting scale, but not directly comparable with GMV/system sales.
$987.42M
FY2025 (Apr 27, 2025): Revenue from continuing operations increased 2.1% to a record $1,519.5 million (FY24: $1,488.9 million).
Revenue proxyRecognized company revenue. Useful for accounting scale, but not directly comparable with GMV/system sales.
Source-backed
S1 official primary (opens in new tab)
Regulatory Filing · Revenue from continuing operations increased 2.1% to a record $1,519.5 million (FY24: $1,488.9 million).
Provenance
Tier: S1 official primary
Source: Regulatory Filing
Basis: Revenue proxy
Precision: Estimated
Scale per store
Screening proxy: scale divided by store count. It is not audited AUV or unit profit.
$2.51M
Screening proxyest.
Derived scale_per_store using scale ÷ store_count at the linked scale basis; not a separately reported company metric.
Revenue proxyRecognized company revenue. Useful for accounting scale, but not directly comparable with GMV/system sales.
Source-backed
S1 official primary (opens in new tab)
Operator Metric Source · Source used for operator metric extraction.
Provenance
Tier: S1 official primary
Source: Operator Metric Source
Basis: Revenue proxy
Precision: Derived
Profit signal
Profit signal from the source period. Read with local accounting and segment mix in mind.
$83.39M
FY2025 (Apr 27, 2025): Underlying NPAT: Down 14.8% to $51.1 million
Profit-positiveScale basis not specified. Use as a screening signal until a source pack is attached.
Source-backed
S3 supplementary (opens in new tab)
Media Or Aggregator · Underlying NPAT: Down 14.8% to $51.1 million
Provenance
Tier: S3 supplementary
Source: Media Or Aggregator
Basis: Profit-positive
Revenue
Source-backed operating metric from the locked research snapshot.
$1.08B
AUD 1,519.489M total segment revenue: KFC Australia AUD 1,154.197M; KFC Europe AUD 312.274M; Taco Bell Australia AUD 53.018M. Australia location revenue was AUD 1,207.215M and Europe AUD 312.274M.
Revenue proxyRecognized company revenue. Useful for accounting scale, but not directly comparable with GMV/system sales.
Source-backed
S1 official primary (opens in new tab)
Operator Metric Source · Source used for operator metric extraction.
Provenance
Tier: S1 official primary
Source: Operator Metric Source
Basis: Revenue proxy
Precision: Source-backed

Market data (listed companies)

Market valuation · fluctuates · not operational scale · do not compare with GMV / system sales. Listed companies only.

MetricValuePeriod / basisQualitySource
Market cap
Public market capitalization captured in the locked source snapshot.
$719.22M
Directional proxy
May 22, 2026: Unverified: no citable primary disclosure with a verbatim excerpt found. No exact May 22, 2026 snapshot found. June 2026 market cap is AUD ~1.01B on 118.14M shares at ~AUD 8.24. Stored USD 719.2M ÷ 0.647 = AUD 1,111M implies May 22 price of
Market cap (USD)Scale basis not specified. Use as a screening signal until a source pack is attached.
Directional proxy
S3 supplementary (opens in new tab)
Media Or Aggregator · Unverified: no citable primary disclosure with a verbatim excerpt found. No exact May 22, 2026 snapshot found. June 2026 market cap is AUD ~1.01B on 118.14M shares at ~AUD 8.24. Stored USD 719.2M ÷ 0.647 = AUD 1,111M implies May 22 price of
Provenance
Tier: S3 supplementary
Source: Media Or Aggregator
Basis: Market cap (USD)
Precision: Market snapshot · not operational scale
⚠ Do not use for: Market valuation · not operational scale · never compare with GMV/system sales

Operator profile

11/19 source-backed

Classification, firmographics, ownership and operating dimensions — source-backed where disclosed, marked as a gap (never inferred) where not.

Format & positioning
Cuisine (primary)
chickenS2 official secondary (opens in new tab)
Cuisine (secondary)
not disclosed
Service model
QSRS4 (opens in new tab)
Price tier
valueS3 supplementary (opens in new tab)
Company
Founded
1,968S4 (opens in new tab)
HQ country
AustraliaS2 official secondary (opens in new tab)
CEO
Xavier SimonetS2 official secondary (opens in new tab)
Employees
18,773 headcountS2 official secondary (opens in new tab)
Ownership
Parent
Public-standalone; no controlling shareholder (top-10 holders ~40%). KFC/Taco Bell franchisee. PE firm Pacific Equity Partners exited at 2011 IPOS4 (opens in new tab)
PE / holding
not disclosed
Recent M&A
not disclosed
Growth
System sales YoY
not disclosed
Revenue YoY
2.1%S3 supplementary (opens in new tab)
Net new units
12 net group restaurants (FY25)S2 official secondary (opens in new tab)
Pricing & digital
Avg check
not disclosed
Digital sales
34.2%S2 official secondary (opens in new tab)
Franchise terms
Royalty
4-5%S3 supplementary (opens in new tab)~
Franchise fee
not disclosed
By-market footprint
Australia
317 stores◑derivedS1 official primary (opens in new tab)
Germany
17 storesS1 official primary (opens in new tab)
Netherlands
—S1 official primary (opens in new tab)

Store counts by market/region — footprint context, not a same-basis comparison.

Disclosed store model

disclosed12/12 source-backed

Company-operated vs franchised footprint, AUV and store-level economics — taken verbatim from each operator's own filing, never inferred. A separate axis from company scale and single-store economics.

Total stores
393 stores
FY2025 end restaurant count: 393 total restaurants, comprising 288 KFC Australia, 62 KFC Netherlands, 16 KFC Germany, and 27 Taco Bell Australia. KFC total is 366 restaurants; Taco Bell Australia is 27 restaurants.
Source-backedS1 official primary (opens in new tab)
Operational scale
$987M
Not applicable as asset-light system sales: CKF operates 393 KFC/Taco Bell restaurants directly; FY2025 revenue AUD 1,519.489M is predominantly restaurant sales plus small Netherlands CFA revenue, so use company revenue per restaurant as the terminal operating-scale proxy.
Source-backedS1 official primary (opens in new tab)
Revenue
$1.1B
AUD 1,519.489M total segment revenue: KFC Australia AUD 1,154.197M; KFC Europe AUD 312.274M; Taco Bell Australia AUD 53.018M. Australia location revenue was AUD 1,207.215M and Europe AUD 312.274M.
Source-backedS1 official primary (opens in new tab)
Company-operated
see brand drilldown
Franchised
see brand drilldown

Brand drilldown

non-additive

Per-brand detail — NOT additive (brands may use different bases / periods) and NOT counted in rankings. Listed for transparency only.

ax collins foods limited
Direct vs franchise split
100% company-operated (operator is a yum franchisee)
FY2025
Source-backedS1 official primary (opens in new tab)
AUV — average unit volume
4.1 AUD million/restaurant/yr (KFC Australia)
FY2025 (52 weeks to 27 April 2025)
Source-backedS1 official primary (opens in new tab)
Same-store sales
0.3% yoy (kfc australia fy25)
FY2025 (vs FY2024) + early FY2026
Source-backedS1 official primary (opens in new tab)
Unit / store-level profit
21.2% (kfc australia restaurant-level)
FY2025 (52 weeks to 27 April 2025)
Source-backedS1 official primary (opens in new tab)
Net store movement
12 net group restaurants (FY25)
FY2025 (vs 28 April 2024)
Source-backedS1 official primary (opens in new tab)
Collins Foods Limited
Operating margin
4.8%
FYE2025-04
Source-backedS1 official primary (opens in new tab)
Food cost %
31.8%
FYE2025-04
Source-backedS1 official primary (opens in new tab)
Labor cost %
30.1%
FYE2025-04
Source-backedS1 official primary (opens in new tab)
Rent cost %
8.2%
FYE2025-04
Source-backedS1 official primary (opens in new tab)

Single-store model

7/8 source-backed

Unit economics are a separate axis from company-level scale — never read as the same number. Each field keeps its source, period, and quality; derived/estimated rows and gaps are marked.

AUV / unit sales
Year-end count denominator; Europe blends Germany+Netherlands.
FY25 avg restaurant revenue: KFC Australia ~A$4.1m; KFC Germany ~A$4.4m; KFC Netherlands ~A$4.1m; Taco Bell AU ~A$2.0m. (Derived check: KFC AU $1,154.2m/288=$4.01m; Taco Bell $53.0m/27=$1.96m.)
FY2025 (52 weeks to 27 April 2025)
Source-backedS1 official primary (opens in new tab)
Single-store profit
Restaurant-level EBITDA excludes segment support/overhead; post-AASB16 inflates margins.
FY25 restaurant-level EBITDA margin: KFC AU 21.2% ($245.2m, ~$0.85m/store); KFC Europe 19.8% ($61.9m; Germany 21.3%, Netherlands 17.5%); Taco Bell 3.1% ($1.7m). Segment EBITDA (after support): KFC AU 19.3%, KFC Europe 12.6%, Taco Bell -3.0%.
FY2025 (52 weeks to 27 April 2025)
Source-backedS1 official primary (opens in new tab)
Initial investment
Aggregate capex spans different stages; per-store indicative only.
Not disclosed as explicit per-restaurant build cost. FY25 new-restaurant capex $17.4m for 14 KFC FLG (AU) openings (~$1.2m/store implied); FY24 $27.4m (9 KFC AU + 11 NL). Germany scale-up partly via acquisition (8 KFC Bavaria for ~A$48.2m).
FY2025 / FY2024
Source-backedS1 official primary (opens in new tab)
Franchise fee / royalty
6% is dated 2021 external analyst estimate (S3), not official disclosure.
DIRECTION: Collins PAYS royalties to Yum! Brands (it is the franchisee, not franchisor). Exact rate NOT disclosed in FY24/FY25 results. Third-party analyst (Airlie/Magellan, 2021) cites ~6% royalty. Filings only state Collins 'leverage[s] Yum! investments in brand building'.
as at FY2025 (rate from analyst 2021)
Source-backedS3 supplementary (opens in new tab)
Payback period
Not a company figure.
—
FY2025
GapS1 official primary (opens in new tab)
Same-store sales
FY25 negatives reflect cycling exceptional prior growth.
FY25: KFC AU +0.3% (H2 +0.6% vs H1 -0.1%); KFC Europe -2.7% (NL -2.5%, DE -3.3%); Taco Bell AU -1.7%. FY24 comps: KFC AU +3.8%, KFC Europe +4.9%, Taco Bell +3.5%. FY26 first 8 weeks: AU +1.6%, Germany +1.3%, NL -0.2%.
FY2025 (vs FY2024) + early FY2026
Source-backedS1 official primary (opens in new tab)
Store open / close
Brand sub-totals (288+78+27=393) reconcile.
FY25 year-end: Group 393 (FY24: 381; +12 net). KFC AU 288 (+9 net = 10 opened, 1 closed). KFC Europe 78 (+3 net = 4 NL openings, 1 closed). Taco Bell AU 27 (unchanged). Remodels: 40 KFC AU + 13 Europe. NL 62, Germany 16 KFC.
FY2025 (vs 28 April 2024)
Source-backedS1 official primary (opens in new tab)
Company-operated share
Master franchise holder in NL but still operates stores directly.
~100% company-operated. Collins is a FRANCHISEE/operator of Yum (KFC, Taco Bell), not a franchisor. It directly operates ~all of its 393 restaurants; does not sub-franchise. Holds KFC Netherlands master franchise.
FY2025
Source-backedS1 official primary (opens in new tab)

Cost structure

4/6 source-backed

Where each revenue dollar goes, latest disclosed year. Slices use each operator's reported base — % of revenue unless the row notes otherwise (% of GMV, restaurant-level, franchise goods-supply COGS). Grey = not separately disclosed. This is a separate axis from company scale and single-store economics.

Food / COGS31.8%
FYE2025-04· AUD1,519.5m rev; KFC/Taco Bell franchisee (pays Yum royalty ~6% inside selling/marketing/royalty 22.7% combined)S1 official primary (opens in new tab)Source-backed
Marketing not separable (bundled w/ royalty). FY25 EBIT depressed by $42.8m impairments (FY24 8.0%).
Labor30.1%
FYE2025-04· AUD1,519.5m rev; KFC/Taco Bell franchisee (pays Yum royalty ~6% inside selling/marketing/royalty 22.7% combined)S1 official primary (opens in new tab)Source-backed
Marketing not separable (bundled w/ royalty). FY25 EBIT depressed by $42.8m impairments (FY24 8.0%).
Rent / occupancy8.2%
FYE2025-04· AUD1,519.5m rev; KFC/Taco Bell franchisee (pays Yum royalty ~6% inside selling/marketing/royalty 22.7% combined)S1 official primary (opens in new tab)Source-backed
Marketing not separable (bundled w/ royalty). FY25 EBIT depressed by $42.8m impairments (FY24 8.0%).
Delivery commission—
FYE2025-04· AUD1,519.5m rev; KFC/Taco Bell franchisee (pays Yum royalty ~6% inside selling/marketing/royalty 22.7% combined)Gap
Marketing not separable (bundled w/ royalty). FY25 EBIT depressed by $42.8m impairments (FY24 8.0%).
Marketing—
FYE2025-04· AUD1,519.5m rev; KFC/Taco Bell franchisee (pays Yum royalty ~6% inside selling/marketing/royalty 22.7% combined)Gap
Marketing not separable (bundled w/ royalty). FY25 EBIT depressed by $42.8m impairments (FY24 8.0%).
Operating margin4.8%
FYE2025-04· AUD1,519.5m rev; KFC/Taco Bell franchisee (pays Yum royalty ~6% inside selling/marketing/royalty 22.7% combined)S1 official primary (opens in new tab)Source-backed
Marketing not separable (bundled w/ royalty). FY25 EBIT depressed by $42.8m impairments (FY24 8.0%).
Not separately disclosed25.1%

Supply chain

1 suppliers · 1 with S1 filing

Who supplies this brand — reverse-extracted from each supplier's own filing (top-customer / related-party disclosure). The % is the supplier's revenue share from this brand (supplier-side, not procurement spend), unless a note says otherwise. Each edge keeps its period, source tier, and audit link; named relationships without a disclosed % are shown as such.

Inghams Group LimitedASX:ING
Protein
discloses as: Collins Foods Limited
—named (no % disclosed)S1 filingsource (opens in new tab)
—named (no % disclosed)S3 newssource (opens in new tab)

Peers in this segment

WingstopGMV / system salesEl Pollo LocoGMV / system salesChick-fil-AGMV / system sales

Same segment — each operator keeps its own scale basis; this is navigation, not a like-for-like comparison.