TWFG, Inc. Common Stock logo TWFG - TWFG, Inc. Common Stock

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 4
HOLD 4
SELL 0
STRONG
SELL
0
| PRICE TARGET: $23.00 DETAILS
HIGH: $26.00
LOW: $21.00
MEDIAN: $22.50
CONSENSUS: $23.00
UPSIDE: 9.32%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1
Revenue
Revenue 72.8 62.5 61.7 57.9 51.8 46.5 51.1 51.4 44.8 38.2 46.1 44.0 38.7
Cost of Revenue 49.4 42.9 44.6 43.6 40.0 36.6 39.1 38.8 32.7 34.5 35.9 34.3 30.8
Gross Profit 23.5 19.6 17.2 14.2 11.8 9.9 12.0 12.6 12.1 3.7 10.2 9.7 7.9
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 6.7 5.2 5.4 4.7 5.0 4.8 3.7 3.1 2.9 2.8 2.7 2.5
Other Expenses 11.1 5.4 2.9 1.5 1.3 (0.0) (0.5) 1.3 1.6 (0.3) (0.5) (0.3) (0.1)
Operating Expenses 11.1 12.1 8.1 6.9 6.1 5.0 4.3 5.1 4.8 2.7 2.3 2.5 2.4
Operating Income
Operating Income 12.4 7.5 9.0 7.4 5.7 4.9 7.7 7.5 7.3 1.0 7.9 7.2 5.5
Interest Expense 0.1 0.1 0.1 0.1 0.1 0.1 0.4 0.9 0.8 0.5 0.3 0.2 0.1
Interest Income 1.2 1.4 1.6 1.8 1.9 0 0 0.3 0.2 0 0 0 0
Profitability
EBITDA 20.4 22.6 16.0 13.6 11.0 12.4 10.7 10.8 10.5 2.5 9.0 8.4 6.5
EBIT 14.3 16.8 10.7 9.7 7.6 9.3 7.7 7.8 7.5 1.0 7.9 7.2 5.5
Income Before Tax 14.2 16.7 10.6 9.6 7.5 9.2 7.3 6.9 6.6 0.5 7.6 7.1 5.4
Income Tax Expense 1.1 1.0 1.0 0.6 0.7 1.1 0.4 0 0 0.9 0 0 0
Net Income 1.8 2.9 1.7 2.0 1.3 1.6 1.2 0 0.0 (16.7) 7.6 7.1 6.2
Per Share Data
EPS (Basic) 0.12 -0.16 0.11 0.49 0.09 0.11 0.08 0.53 0.10 -1.27 0.58 0.01 0.01
EPS (Diluted) 0.03 0.05 0.11 0.49 0.09 0.11 0.08 0.53 0.10 -1.27 0.58 0.01 0.01
Shares Outstanding 14.8 15.0 15.0 14.9 14.9 14.8 14.7 13.2 13.2 13.2 13.2 631.8 631.8
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4
Current Assets
Cash & Cash Equivalents 124.8 155.9 151.0 159.8 196.4 195.8 191.2 25.8 152.6 39.3
Short-Term Investments 0 0 0 0 0 0 0 0 0 0
Net Receivables 36.5 35.9 35.7 34.6 31.6 34.9 22.9 32.0 25.8 25.1
Inventory 0 0 0 0 0 0 0 16.7 0 0
Other Current Assets 40.1 32.3 24.6 14.1 13.4 11.2 20.0 0.9 10.2 10.7
Total Current Assets 201.4 224.1 211.3 208.5 241.4 241.8 234.1 75.3 188.5 75.1
Non-Current Assets
Property, Plant & Equipment 7.5 7.5 7.7 7.6 7.7 8.0 3.3 3.3 3.5 3.1
Goodwill 0 0 0 0 0 0 0 0 0 0
Intangible Assets 161.6 138.6 129.4 125.9 80.9 73.0 75.0 77.8 80.4 36.4
Long-Term Investments 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 0.7 0.7 0.7 0.8 0.5 0.6 0.6 0.8 0.9 0.8
Total Non-Current Assets 169.8 146.8 137.8 134.3 89.1 81.6 79.0 81.9 84.8 40.3
Total Assets 371.2 370.9 349.2 342.8 330.5 323.4 313.1 157.2 273.3 115.4
Current Liabilities
Account Payables 0 0 17.6 18.5 17.0 17.1 15.2 15.3 13.6 14.1
Short-Term Debt 3.2 3.3 2.0 1.9 1.9 1.9 1.9 2.0 2.2 2.4
Deferred Revenue 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 0 17.2 18.4 17.1 14.7 15.8 22.1 14.9 12.2
Total Current Liabilities 3.2 3.3 45.1 45.4 42.9 39.6 38.1 41.0 32.2 34.9
Non-Current Liabilities
Long-Term Debt 1.5 4.9 2.5 3.0 3.5 4.0 4.5 46.0 5.4 46.9
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 57.2 44.5 2.6 2.4 1.0 1.1 0.9 1.1 1.2 1.0
Total Non-Current Liabilities 61.5 52.3 8.3 8.5 7.6 8.5 6.9 48.7 8.5 49.5
Total Liabilities 64.7 55.6 53.4 53.9 50.5 48.1 45.0 89.7 40.8 84.4
Stockholders' Equity
Common Stock 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.7 0.1 0.6
Retained Earnings 25.0 23.0 20.3 18.6 16.6 15.3 13.7 11.3 0.6 4.8
Accumulated Other Comprehensive Income 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.5 0.1 0.5
Total Stockholders' Equity 69.2 83.1 79.4 78.7 75.2 73.9 71.1 67.5 56.4 31.1
Total Liabilities & Equity 371.2 370.9 349.2 342.8 330.5 323.4 313.1 157.2 273.3 115.4
Debt Metrics
Total Debt 7.6 11.1 9.0 9.3 9.7 10.3 8.9 50.7 10.6 51.8
Net Debt (117.3) (144.8) (142.0) (150.5) (186.7) (185.5) (182.3) 24.9 (142.0) 12.5
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1
Operating Activities
Net Income 1.8 15.7 9.6 9 6.9 8.2 6.9 6.9 6.6 5.2 7.6 7.1 5.4
Depreciation & Amortization 6.2 5.8 5.3 3.9 3.4 3.1 3.0 3.0 3.0 1.5 1.1 1.1 1.1
Stock-Based Compensation 0 0.9 1.0 1.5 1.2 1.2 0 0 0 0 0 0 0
Change in Working Capital 2.9 (8.9) (1.3) (4.6) 3.9 (1.1) 0.5 (2.7) (0.1) (0.8) (1.5) (1.5) 2.4
Other Non-Cash Items 11.8 (0.1) 0.3 (0.2) 0.3 0.3 1.3 0.2 0.2 0.1 0.2 0.2 1.0
Operating Cash Flow 22.7 13.3 15.0 9.6 15.6 11.6 11.7 7.4 9.8 6.1 7.4 6.9 9.8
Investing Activities
Capital Expenditure (0.3) (7.9) (7.1) (0.0) (0.0) (3.4) (0.4) (0.3) (21.0) (9.1) (0.8) (5.4) (0.4)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0.7 (6.4) (17.0) (35.5) (11.2) (0.5) (0.1) (0.2) (21.0) (8.7) (0.6) (4.8) (0.3)
Investing Cash Flow (28.3) (6.6) (17.0) (35.5) (11.2) (3.5) (0.4) (0.2) (21.0) (8.7) (0.8) (4.9) (0.3)
Financing Activities
Net Debt Issuance (0.5) (0.5) (0.5) (0.5) (0.5) (0.5) (41.6) (0.7) (0.7) 30.3 (0.7) 9.3 (0.7)
Stock Repurchased (16.6) 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (7.3) (0.0) (2.6) (11.2) (2.0) (2.2) 0 (4.7) (2.4) (20.2) (2.6) (5.2) (5.4)
Other Financing Activities 5.7 (0.8) (3.3) 0.4 1.0 6.1 194.6 3.3 (0.7) (2.4) 0.6 (1.8) (11.0)
Financing Cash Flow (18.6) (1.3) (6.4) (11.4) (1.5) (3.7) 153.0 (2.1) (3.8) 7.7 (2.7) 2.3 (17.1)
Cash Position
Net Change in Cash (24.3) 5.4 (8.5) (37.3) 3.0 4.4 164.4 5.1 (15.1) 5.0 4.0 4.4 (7.6)
Cash at Beginning 167.9 162.5 171.0 208.3 205.3 200.9 36.5 31.4 46.5 41.4 37.5 33.1 40.7
Cash at End 143.6 167.9 162.5 171.0 208.3 205.3 200.9 36.5 31.4 46.5 41.4 37.5 33.1
Free Cash Flow 22.4 5.4 7.9 9.6 15.6 8.2 11.3 7.1 (11.2) (3.1) 6.6 1.5 9.4
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1
Income Statement
Revenue 72.8 62.5 61.7 57.9 51.8 46.5 51.1 51.4 44.8 38.2 46.1 44.0 38.7
Gross Profit 23.5 19.6 17.2 14.2 11.8 9.9 12.0 12.6 12.1 3.7 10.2 9.7 7.9
Operating Income 12.4 7.5 9.0 7.4 5.7 4.9 7.7 7.5 7.3 1.0 7.9 7.2 5.5
Net Income 1.8 2.9 1.7 2.0 1.3 1.6 1.2 0 0.0 (16.7) 7.6 7.1 6.2
EPS (Diluted) 0.03 0.05 0.11 0.49 0.09 0.11 0.08 0.53 0.10 -1.27 0.58 0.01 0.01
Balance Sheet
Cash & Equivalents 124.8 155.9 151.0 159.8 196.4 195.8 191.2 25.8 152.6 39.3
Total Assets 371.2 370.9 349.2 342.8 330.5 323.4 313.1 157.2 273.3 115.4
Total Debt 7.6 11.1 9.0 9.3 9.7 10.3 8.9 50.7 10.6 51.8
Stockholders' Equity 69.2 83.1 79.4 78.7 75.2 73.9 71.1 67.5 56.4 31.1
Cash Flow
Operating Cash Flow 22.7 13.3 15.0 9.6 15.6 11.6 11.7 7.4 9.8 6.1 7.4 6.9 9.8
Capital Expenditure (0.3) (7.9) (7.1) (0.0) (0.0) (3.4) (0.4) (0.3) (21.0) (9.1) (0.8) (5.4) (0.4)
Free Cash Flow 22.4 5.4 7.9 9.6 15.6 8.2 11.3 7.1 (11.2) (3.1) 6.6 1.5 9.4