Twin Hospitality Group, Inc. (TWNP) Financial Statements

Income statement

Metric	TTM	2024	2023	2022
Revenue
Total Revenue	343.7M	353.8M	230.9M	165.9M
Cost of Revenue	274.5M	257.8M	168.4M	108.3M
Gross Profit	69.3M	96.0M	62.5M	57.6M
Operating Expenses
R&D Expense	—	—	—	—
SG&A Expense	19.6B	79.2M	36.0M	36.6M
General & Admin Expense	19.5B	59.4M	19.3M	23.9M
Selling & Marketing Expense	10.2M	19.8M	16.8M	12.7M
Other Expenses	(19.5B)	25.1M	13.5M	9.4M
Total Operating Expenses	102.3M	104.3M	49.6M	45.9M
Cost and Expenses	376.8M	362.1M	217.9M	154.2M
Operating Income (EBIT)	(33.1M)	(8.3M)	12.9M	11.7M
Non-Operating
Interest Income	—	—	—	—
Interest Expense	45.5M	46.1M	29.7M	24.5M
Net Interest Income	(45.5M)	(46.1M)	(29.7M)	(24.5M)
Other Non-Op Income/Expense	(47.3M)	(48.2M)	(27.0M)	(24.4M)
Non-Operating Income (excl Interest)	1.8M	2.1M	(2.7M)	(61.0K)
EBT (Pre-Tax Income)	(80.4M)	(56.6M)	(14.1M)	(12.8M)
Income Tax Expense	(11.0M)	(8.4M)	(230.0K)	—
Bottom Line
Net Income	(69.4M)	(48.2M)	(13.8M)	(12.8M)
Earnings from Cont. Ops	(69.4M)	(48.2M)	(13.8M)	(12.8M)
Earnings from Discont. Ops	—	—	—	—
Bottom Line Net Income	(69.4M)	(48.2M)	(13.8M)	(12.8M)
Per Share
Basic EPS	($1.27)	($0.96)	($0.28)	($0.25)
Diluted EPS	($1.27)	($0.96)	($0.28)	($0.25)
Revenue Per Share	$6.00	$7.05	$4.60	$3.31
Shares
Basic Shares Outstanding	57.3M	50.2M	50.2M	50.2M
Diluted Shares Outstanding	57.3M	50.2M	50.2M	50.2M
Profitability Metrics
EBITDA	(15.1M)	13.1M	28.0M	20.2M
D&A	19.8M	23.5M	12.4M	8.5M
EBIT	(34.9M)	(10.4M)	15.6M	11.7M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2025