Twin Hospitality Group Inc. (FRA:T6E)

Twin Hospitality Group Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2023
Period Ending	Sep 28, 2025	Dec 29, 2024	Dec 31, 2023	Dec 25, 2022
Net Income	-69.38	-48.17	-13.84	-12.77
Depreciation & Amortization	19.63	23.52	12.38	8.46
Stock-Based Compensation	15.92	0.21	0.31	0.69
Other Adjustments	0.29	12.87	4.04	5.08
Change in Receivables	-0.16	-0.85	-0.25	0.07
Changes in Accounts Payable	1.82	0.31	0.17	-2.5
Changes in Accrued Expenses	-2.68	-2.34	1.68	0.25
Changes in Unearned Revenue	-0.59	0.76	0.96	1.12
Changes in Other Operating Activities	-3.35	-1.33	0.59	-6.55
Operating Cash Flow	-27.86	-15.04	6.05	-6.16
Capital Expenditures	-12.17	-25.14	-23.87	-17.81
Sale of Property, Plant & Equipment	-	4.64	9.26	9.93
Other Investing Activities	-	-	-	1.5
Investing Cash Flow	-3.11	-20.5	-14.61	-6.38
Long-Term Debt Issued	-	415.73	9.41	7.18
Long-Term Debt Repaid	-406.36	-401.89	-8.89	-5.46
Net Long-Term Debt Issued (Repaid)	-406.36	13.84	0.52	1.72
Other Financing Activities	10.2	23.44	15.22	4.69
Financing Cash Flow	15.66	37.28	15.74	6.42
Net Cash Flow	-15.31	1.74	7.18	-6.12
Beginning Cash & Cash Equivalents	29.57	24.15	16.97	23.09
Free Cash Flow	-40.04	-40.18	-17.83	-23.97
FCF Margin	-11.65%	-11.36%	-7.72%	-14.45%
Levered Free Cash Flow	-473.08	-38.56	-21.41	-28.08
Unlevered Free Cash Flow	-25.89	-11.32	4.63	-5.36

Updated Sep 28, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.