European Wax Center, Inc. (EWCZ)

European Wax Center Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 5, 2025	Jan 4, 2025	Jan 6, 2024	Dec 31, 2022	Dec 25, 2021	Dec 26, 2020
Operating Revenue	200.56	204.72	208.62	195.52	168	96.12
Other Revenue	11.95	12.2	12.41	11.83	10.68	7.29
Revenue	212.51	216.92	221.02	207.35	178.68	103.41
Revenue Growth (YoY)	-5.04%	-1.86%	6.59%	16.05%	72.79%	-32.94%
Cost of Revenue	55.22	57.31	62.64	59.23	46.84	35.51
Gross Profit	157.29	159.6	158.39	148.12	131.84	67.9
Selling, General & Admin	86.42	89.25	93.35	87.61	86.61	50.49
Operating Expenses	106.51	109.53	113.9	108.22	106.94	70.07
Operating Income	50.78	50.07	44.49	39.91	24.9	-2.18
Interest Expense	-26.02	-25.49	-26.69	-23.63	-20.29	-18.28
Other Non Operating Income (Expenses)	-5.17	-5.4	0.41	-56.23	-0.2	-
EBT Excluding Unusual Items	19.6	19.18	18.21	-39.95	4.42	-20.45
Merger & Restructuring Charges	-0.63	-0.63	-	-	-	-
Gain (Loss) on Sale of Assets	0	0.08	-0.01	-0.01	-0.34	-1.04
Legal Settlements	-0.02	0.72	-	-	-	-
Other Unusual Items	-3.19	-2.49	-	-	-	-
Pretax Income	15.76	16.87	18.2	-39.96	4.08	-21.5
Income Tax Expense	2.7	2.19	6.16	-53.47	0.11	-
Earnings From Continuing Operations	13.07	14.68	12.04	13.51	3.97	-21.5
Minority Interest in Earnings	-4.13	-4.22	-3.34	-6.21	2.95	-
Net Income	8.94	10.46	8.7	7.31	6.91	-21.5
Preferred Dividends & Other Adjustments	0	0	0	-0	10.42	-
Net Income to Common	8.93	10.46	8.7	7.31	-3.5	-21.5
Net Income Growth	-26.85%	20.20%	19.10%	5.73%	-	-
Shares Outstanding (Basic)	44	47	50	40	32	26
Shares Outstanding (Diluted)	44	47	50	40	32	26
Shares Change (YoY)	-9.76%	-5.39%	23.74%	24.12%	22.09%	-
EPS (Basic)	0.20	0.22	0.18	0.18	-0.11	-0.81
EPS (Diluted)	0.20	0.22	0.17	0.18	-0.11	-0.81
EPS Growth	-21.00%	29.60%	-6.79%	-	-	-
Free Cash Flow	57.61	55.99	54.82	44.11	40.79	-0.76
Free Cash Flow Per Share	1.30	1.20	1.11	1.10	1.26	-0.03
Gross Margin	74.02%	73.58%	71.66%	71.44%	73.78%	65.66%
Operating Margin	23.90%	23.09%	20.13%	19.25%	13.93%	-2.10%
Profit Margin	4.20%	4.82%	3.94%	3.52%	-1.96%	-20.79%
Free Cash Flow Margin	27.11%	25.81%	24.80%	21.27%	22.83%	-0.74%
EBITDA	70.87	70.35	65.03	60.51	45.23	17.41
EBITDA Margin	33.35%	32.43%	29.42%	29.18%	25.31%	16.83%
D&A For EBITDA	20.09	20.28	20.55	20.61	20.33	19.58
EBIT	50.78	50.07	44.49	39.91	24.9	-2.18
EBIT Margin	23.90%	23.09%	20.13%	19.25%	13.93%	-2.10%
Effective Tax Rate	17.11%	12.98%	33.84%	-	2.79%	-
Revenue as Reported	212.51	216.92	221.02	207.35	178.68	103.41
Advertising Expenses	-	32.95	33.87	28.66	24.99	11.5

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

SEC Filings: 10-K · 10-Q