The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income from continuing operations | 41,166 |
| Depreciation and amortization | 18,353 |
| Net gain on sales of intangible assets and property and equipment | 1,119 |
| Stock-based compensation expense | 4,578 |
| Non-cash lease expense | 1,358 |
| Other non-cash items | 14 |
| Commissions receivable, net | 10,255 |
| Accounts receivable | -370 |
| Other current and non-current assets | 1,480 |
| Commissions payable | 1,320 |
| Operating lease liabilities | -1,209 |
| Other current liabilities | 433 |
| Net cash provided by operating activities from continuing operations | 53,501 |
| Net cash provided by operating activities from discontinued operation | 0 |
| Net cash provided by operating activities | 53,501 |
| Proceeds from sale of books of business | 1,841 |
| Proceeds from sale of property and equipment | 49 |
| Purchase of intangible assets | 61,912 |
| Purchase of property and equipment | 356 |
| Other investment | 10,000 |
| Net cash (used in) investing activities from continuing operations | -70,378 |
| Net cash provided by investing activities from discontinued operation | 0 |
| Net cash (used in) investing activities | -70,378 |
| Proceeds from borrowings | 0 |
| Repayment of borrowings | 1,912 |
| Distributions to members | 15,862 |
| Cash derecognized upon distribution of evo to members | 0 |
| Net proceeds from ipo, net of underwriting costs | 0 |
| Payment of shelf registration costs | 445 |
| Payment of deferred offering costs | 0 |
| Payment of equity issuance costs | 0 |
| Tax withholding on vesting of equity awards | 3,146 |
| Increase in carrier liabilities | 2,899 |
| Decrease in carrier liabilities | 1,480 |
| Payment of deferred acquisition payable | 600 |
| Net cash (used in) provided by financing activities from continuing operations | -20,546 |
| Net cash (used in) financing activities from discontinued operation | 0 |
| Net cash (used in) provided by financing activities | -20,546 |
| Net change in cash, cash equivalents and restricted cash | -37,423 |
TWFG, Inc. (TWFG)
TWFG, Inc. (TWFG)