TWFG Q3 2024 Earnings — TWFG, Inc. Common Stock Revenue & Financial Results | Market Cap Arena

TWFGTWFG, Inc. Common Stock

$306M

Q3 2024 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$51M+10.9% YoY

Gross Profit

$12M23.5% margin

Operating Income

$8M15.1% margin

Net Income

$1M2.3% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

-0.4%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$11M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$313M

Total Liabilities

$45M

Stockholders' Equity

$71M

Cash & Equivalents

$191M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$51M	$46M	+10.9%
Gross Profit	$12M	$10M	+17.4%
Operating Income	$8M	$8M	-2.0%
Net Income	$1M	$8M	-84.8%

Revenue Segments

Commission Income

$48M90%

Fee Income

$3M5%

Product and Service, Other

$2M4%

License

$495,0001%