Twin Hospitality Group Inc. (TWNP)

Twin Hospitality Group Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 29, 2025	Dec 29, 2024	Dec 31, 2023	Dec 25, 2022
Cash & Equivalents	6.06	9.37	4.49	2.97
Cash & Short-Term Investments	6.06	9.37	4.49	2.97
Cash Growth	23.83%	108.64%	51.16%	-
Receivables	2.14	3.13	2.28	0.91
Restricted Cash	13.21	8.73	15.05	10.24
Other Current Assets	12.86	7.58	6.28	2.48
Total Current Assets	34.28	28.81	28.09	16.6
Property, Plant & Equipment	213.88	220.3	244.18	101.13
Goodwill	117.19	117.19	117.16	105.12
Other Intangible Assets	165.31	166.75	169.73	162.86
Other Long-Term Assets	4.42	9.4	6.43	5.44
Total Assets	535.07	542.45	565.58	391.14
Accounts Payable	10.22	9.8	9.49	5.74
Accrued Expenses	26.41	23.34	25.68	15.12
Current Portion of Long-Term Debt	10.21	10.69	9.86	1.86
Current Portion of Leases	7.33	7.45	21.59	6.33
Current Unearned Revenue	3.11	3.95	1.12	0.87
Other Current Liabilities	-	-	3	3
Total Current Liabilities	57.29	55.23	70.73	32.91
Long-Term Debt	401.05	405.01	334.02	241.65
Long-Term Leases	148.25	148.4	152.39	45.85
Long-Term Unearned Revenue	4.49	4.81	4.37	4.36
Long-Term Deferred Tax Liabilities	0.95	2.74	-	-
Other Long-Term Liabilities	1.67	10.87	19.59	6.19
Total Liabilities	613.71	627.06	581.09	330.97
Common Stock	44.01	-	-15.51	60.18
Retained Earnings	-122.64	-84.61	-	-
Shareholders' Equity	-78.64	-84.61	-15.51	60.18
Total Liabilities & Equity	535.07	542.45	565.58	391.14
Total Debt	566.85	571.55	517.86	295.69
Net Cash (Debt)	-560.79	-562.18	-513.36	-292.72
Filing Date Shares Outstanding	57.33	50.17	-	-
Working Capital	-23.01	-26.43	-42.64	-16.31
Tangible Book Value	-361.13	-368.55	-302.4	-207.8
Buildings	68.97	66.28	53.72	37.61
Machinery	40.7	37.8	29.5	12.6
Construction In Progress	4.1	6.7	4.7	4.1

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