Twin Hospitality Group Inc. (TWNP)

Twin Hospitality Group Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 29, 2024	Dec 31, 2023	Dec 25, 2022
Net Income	-48.17	-13.84	-12.77
Depreciation & Amortization	23.52	12.38	8.46
Stock-Based Compensation	0.21	0.31	0.69
Other Operating Activities	12.87	4.04	5.08
Change in Accounts Receivable	-0.85	-0.25	0.07
Change in Accounts Payable	0.31	0.17	-2.5
Change in Unearned Revenue	0.76	0.96	1.12
Change in Other Net Operating Assets	-3.67	2.27	-6.3
Operating Cash Flow	-15.04	6.05	-6.16
Capital Expenditures	-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	-20.5	-14.61	-6.38
Short-Term Debt Issued	23.44	15.22	4.69
Long-Term Debt Issued	415.73	9.41	7.18
Total Debt Issued	439.17	24.63	11.87
Long-Term Debt Repaid	-401.89	-8.89	-5.46
Net Debt Issued (Repaid)	37.28	15.74	6.42
Financing Cash Flow	37.28	15.74	6.42
Net Cash Flow	1.74	7.18	-6.12
Free Cash Flow	-40.18	-17.83	-23.97
Free Cash Flow Margin	-11.36%	-7.72%	-14.45%
Cash Interest Paid	36.84	26.14	21.33
Levered Free Cash Flow	-33.48	-17.08	-
Unlevered Free Cash Flow	-4.65	1.49	-
Change in Net Working Capital	-1.97	-4.59	-

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