| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 25,473 | - |
| Depreciation and amortization | 12,587 | - |
| Gains on sales of intangible assets and property and equipment, net | 616 | - |
| Stock-based compensation expense | 3,706 | - |
| Non-cash lease expense | 988 | - |
| Other non-cash items | 8 | - |
| Commission receivable, net | 462 | - |
| Accounts receivable | 330 | - |
| Other current and non-current assets | 1,751 | - |
| Commissions payable | 2,049 | - |
| Operating lease liabilities | -857 | - |
| Other liabilities | -566 | - |
| Net cash provided by operating activities | 40,213 | - |
| Proceeds from sale of books of business | 573 | - |
| Proceeds from sale of property and equipment | 49 | - |
| Purchase of intangible assets | 54,239 | - |
| Purchase of property and equipment | 128 | - |
| Other investment | 10,000 | - |
| Net cash used in investing activities | -63,745 | - |
| Repayment of borrowings | 1,428 | - |
| Distributions to members | 15,850 | - |
| Tax withholding on vesting of equity awards | 2,757 | - |
| Net proceeds from ipo, net of underwriting costs | 0 | - |
| Payment of deferred offering costs | 0 | - |
| Payment of shelf registration costs | 445 | - |
| Payment of equity issuance costs | 0 | - |
| Receipts of carrier liabilities | -3,372 | - |
| Payments for carrier liabilities | 1,690 | - |
| Net change in restricted cash | - | 1,623 |
| Payment of deferred acquisition payable | 451 | - |
| Net change in cash and cash equivalents | - | -35,945 |
| Net cash (used in) provided by financing activities | -19,249 | - |
| Net change in cash, cash equivalents and restricted cash | -42,781 | -34,322 |
| Cash and cash equivalents at beginning of period | 205,323 | - |
| Cash and cash equivalents at end of period | 162,542 | - |
TWFG, Inc. (TWFG)
TWFG, Inc. (TWFG)