TWFG, Inc. (TWFG)

TWFG, Inc. Balance Sheet

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

Year	2023	2022
Cash & Equivalents	46.47	30.26
Cash & Cash Equivalents	46.47	30.26
Cash Growth	53.55%	-
Receivables	25.06	20.64
Other Current Assets	3.58	37.81
Total Current Assets	75.11	88.72
Property, Plant & Equipment	0.6	0.61
Goodwill and Intangibles	38.9	23.67
Other Long-Term Assets	0.84	1.16
Total Long-Term Assets	40.33	25.44
Total Assets	115.44	114.15
Accounts Payable	14.05	9.71
Current Debt	3.32	3.27
Other Current Liabilities	17.54	33.35
Total Current Liabilities	34.91	46.33
Long-Term Debt	48.44	10.04
Other Long-Term Liabilities	1.04	0
Total Long-Term Liabilities	49.47	10.04
Total Liabilities	84.39	56.37
Total Debt	51.76	13.31
Debt Growth	288.91%	-
Retained Earnings	4.81	32.18
Comprehensive Income	0.5	-0.14
Shareholders' Equity	31.05	57.79
Net Cash / Debt	-5.29	16.95
Working Capital	40.2	42.38

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).