BWIN: the balance sheet

MyFinsight

For the year ending 2025-12-31, BWIN has $3,862,220K in assets. $2,777,822K in debts. $123,669K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	123,669
Fiduciary cash	223,228
Assumed premiums, commissions and fees receivable, net	342,136
Fiduciary receivables	497,035
Prepaid expenses and other current assets	13,650
Total current assets	1,199,718
Property and equipment, net	22,502
Right-of-use assets	61,976
Other assets	82,419
Intangible assets, net	978,434
Goodwill	1,517,171
Total assets	3,862,220

Fiduciary liabilities	720,263
Commissions payable	50,933
Accrued expenses and other current liabilities	252,560
Related party notes payable	0
Colleague earnout incentives	0
Current portion of contingent earnout liabilities	9,004
Total current liabilities	1,032,760
Revolving line of credit	107,000
Long-term debt, less current portion	1,566,122
Contingent earnout liabilities, less current portion	14,289
Operating lease liabilities, less current portion	57,651
Other liabilities	0
Total liabilities	2,777,822
Redeemable noncontrolling interest	519
Common stock-Common Class A	718
Common stock-Common Class B	5
Additional paid-in capital	844,236
Accumulated deficit	-245,236
Accumulated other comprehensive income	492
Total stockholders equity attributable to baldwin	600,215
Noncontrolling interest	483,664
Total stockholders equity	1,083,879
Total liabilities, mezzanine equity and stockholders equity	3,862,220

Unit: Thousand (K) dollars (except for numbers of shares and EPS).