TWFG Q1 2024 Earnings — TWFG, Inc. Common Stock Revenue & Financial Results | Market Cap Arena

TWFGTWFG, Inc. Common Stock

$306M

Q1 2024 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$45M+15.7% YoY

Gross Profit

$12M27.0% margin

Operating Income

$7M16.3% margin

Net Income

$4,0000.0% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

+17.2%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

-$11M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$273M

Total Liabilities

$41M

Stockholders' Equity

$56M

Cash & Equivalents

$153M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$45M	$39M	+15.7%
Gross Profit	$12M	$8M	+53.2%
Operating Income	$7M	$5M	+33.6%
Net Income	$4,000	$6M	-99.9%