Twin Hospitality Group (TWNP) Income Statement: Revenue & Earnings

Twin Hospitality Group Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Twin Hospitality Group Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022
Period Ending	Dec 2024	Dec 2023	Dec 2022
Revenue & Gross Profit
Revenue	353.80	230.87	165.86
Cost of Revenue	257.80	147.44	116.31
Gross Profit	96.00	83.43	49.54
Operating Expenses
Research & Development	0.00	0.00	0.00
Selling, General & Administrative	79.18	19.25	28.51
Operating Expenses	104.33	70.49	36.97
Operating Income	-8.33	12.94	12.58
Other Income/Expense
Interest Income	0.00	0.00	0.00
Interest Expense	46.14	-29.71	24.51
Other Income/Expense	-48.24	0.80	-0.84
Income
Income Before Tax	-56.57	-14.07	-12.77
Income Tax Expense	-8.40	-0.23	0.00
Net Income	-48.17	-13.84	-12.77
Net Income - Continuous Operations	-48.17	-13.84	-12.77
Net Income - Discontinued Operations	0.00	0.00	0.00
EBITDA	13.08	25.32	20.20
EBIT	-56.57	12.94	11.74
Depreciation & Amortization	23.52	12.38	8.46
Earnings Per Share
Basic EPS	-1.00	-	-
Diluted EPS	-1.00	-	-
Basic Shares Outstanding	50.17	50.17	50.17
Diluted Shares Outstanding	50.17	50.17	50.17