Twin Hospitality Group Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar '25 Mar 30, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 25, 2022
Cash & Equivalents	7.16	9.37	4.49	2.97
Cash & Short-Term Investments	7.16	9.37	4.49	2.97
Cash Growth	17.33%	108.64%	51.16%	-
Receivables	2.05	3.13	2.28	0.91
Restricted Cash	13.51	8.73	15.05	10.24
Other Current Assets	12.85	7.58	6.28	2.48
Total Current Assets	35.56	28.81	28.09	16.6
Property, Plant & Equipment	216.37	220.3	244.18	101.13
Goodwill	117.18	117.19	117.16	105.12
Other Intangible Assets	166.02	166.75	169.73	162.86
Other Long-Term Assets	9.09	9.4	6.43	5.44
Total Assets	544.22	542.45	565.58	391.14
Accounts Payable	9.4	9.8	9.49	5.74
Accrued Expenses	27.34	23.34	25.68	15.12
Current Portion of Long-Term Debt	10.17	10.69	9.86	1.86
Current Portion of Leases	6.36	7.45	21.59	6.33
Current Unearned Revenue	3.31	3.95	1.12	0.87
Other Current Liabilities	-	-	3	3
Total Current Liabilities	56.58	55.23	70.73	32.91
Long-Term Debt	402.83	405.01	334.02	241.65
Long-Term Leases	151.37	148.4	152.39	45.85
Long-Term Unearned Revenue	4.74	4.81	4.37	4.36
Long-Term Deferred Tax Liabilities	2.94	2.74	-	-
Other Long-Term Liabilities	27.62	10.87	19.59	6.19
Total Liabilities	646.08	627.06	581.09	330.97
Common Stock	-	-	-15.51	60.18
Retained Earnings	-101.85	-84.61	-	-
Shareholders' Equity	-101.85	-84.61	-15.51	60.18
Total Liabilities & Equity	544.22	542.45	565.58	391.14
Total Debt	570.73	571.55	517.86	295.69
Net Cash (Debt)	-563.57	-562.18	-513.36	-292.72
Filing Date Shares Outstanding	50.17	50.17	-	-
Working Capital	-21.02	-26.43	-42.64	-16.31
Tangible Book Value	-385.06	-368.55	-302.4	-207.8
Buildings	68.48	66.28	53.72	37.61
Machinery	39.7	37.8	29.5	12.6
Construction In Progress	3.9	6.7	4.7	4.1

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.