TWFG: the cashflow

MyFinsight

The latest financial statement is for the quarter ending 2025-09-30.

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

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	-8,459	-34,322
Cash and cash equivalents at beginning of period	205,323	-
Cash and cash equivalents at end of period	162,542	-

Unit: Thousand (K) dollars