Twin Hospitality Group Inc. (TWNP)

Twin Hospitality Group Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep 28, 2025	Dec 29, 2024	Dec 31, 2023	Dec 25, 2022
Revenue	343.75	353.8	230.87	165.86
Revenue Growth (YoY)	-4.92%	53.25%	39.20%	-
Cost of Revenue	229.44	236.6	147.44	103.89
Gross Profit	114.31	117.2	83.43	61.96
Selling, General & Admin	58.11	33.23	19.25	15.82
Other Operating Expenses	68.1	67.16	37.72	25.11
Operating Expenses	147.38	125.53	70.49	50.29
Operating Income	-33.08	-8.33	12.94	11.68
Interest Expense	-45.48	-46.14	-29.71	-24.51
Other Non Operating Income (Expenses)	0.55	0.25	0.8	0.06
EBT Excluding Unusual Items	-78.01	-54.22	-15.97	-12.77
Other Unusual Items	-2.35	-2.35	1.9	-
Pretax Income	-80.36	-56.57	-14.07	-12.77
Income Tax Expense	-10.98	-8.4	-0.23	-
Net Income	-69.38	-48.17	-13.84	-12.77
Net Income to Common	-69.38	-48.17	-13.84	-12.77
Free Cash Flow	-	-40.18	-17.83	-23.97
Gross Margin	33.25%	33.13%	36.14%	37.36%
Operating Margin	-9.62%	-2.35%	5.61%	7.04%
Profit Margin	-20.18%	-13.61%	-6.00%	-7.70%
Free Cash Flow Margin	-	-11.36%	-7.72%	-14.45%
EBITDA	-14.83	15.19	25.32	20.13
EBITDA Margin	-4.31%	4.29%	10.97%	12.14%
D&A For EBITDA	18.25	23.52	12.38	8.46
EBIT	-33.08	-8.33	12.94	11.68
EBIT Margin	-9.62%	-2.35%	5.61%	7.04%
Revenue as Reported	343.75	353.8	230.87	165.86
Advertising Expenses	-	19.75	16.79	-

Updated Sep 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q