TWFG, Inc. (TWFG)

TWFG, Inc. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	196.42	195.77	39.3	22.33
Cash & Short-Term Investments	196.42	195.77	39.3	22.33
Cash Growth	770.87%	398.19%	75.98%	-
Receivables	31.63	34.91	25.06	20.64
Restricted Cash	11.85	9.55	7.17	7.93
Other Current Assets	1.5	1.62	3.58	37.81
Total Current Assets	241.41	241.85	75.11	88.72
Property, Plant & Equipment	7.67	7.99	3.06	2.92
Long-Term Investments	-	0.3	0.5	0.8
Other Intangible Assets	80.92	72.98	36.44	21.36
Other Long-Term Assets	0.54	0.31	0.34	0.36
Total Assets	330.53	323.43	115.44	114.15
Accounts Payable	-	-	-	0.21
Accrued Expenses	16.3	13.85	12.49	9.5
Current Portion of Long-Term Debt	1.93	2.51	2.78	2.64
Current Portion of Leases	1.12	1.01	0.88	0.63
Other Current Liabilities	23.51	22.24	18.76	33.35
Total Current Liabilities	42.86	39.62	34.91	46.33
Long-Term Debt	3.52	5.13	47.96	8.36
Long-Term Leases	3.12	3.37	1.52	1.68
Other Long-Term Liabilities	0.97	0.02	-	-
Total Liabilities	50.47	48.14	84.39	56.37
Common Stock	0.15	0.15	0.63	0.63
Additional Paid-In Capital	58.37	58.37	25.11	25.11
Retained Earnings	16.63	15.29	4.81	32.18
Comprehensive Income & Other	0.07	0.08	0.5	-0.14
Total Common Equity	75.21	73.88	31.05	57.79
Minority Interest	204.84	201.4	-	-
Shareholders' Equity	280.06	275.29	31.05	57.79
Total Liabilities & Equity	330.53	323.43	115.44	114.15
Total Debt	9.69	12.03	53.14	13.31
Net Cash (Debt)	186.74	183.75	-13.84	9.02
Net Cash Per Share	10.19	12.26	-21.91	14.28
Filing Date Shares Outstanding	14.9	14.9	0.63	0.63
Total Common Shares Outstanding	14.9	14.81	0.63	0.63
Working Capital	198.54	202.23	40.2	42.38
Book Value Per Share	5.05	4.99	49.15	91.47
Tangible Book Value	-5.71	0.91	-5.39	36.43
Tangible Book Value Per Share	-0.38	0.06	-8.52	57.67

Updated May 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q