Twin Hospitality Group

TWNP

TWNPTwin Hospitality Group US flag

NASDAQ Global Market

0.07

USD

+0.02

- -

4.08MMarket Cap

Income Statement (USD)

API ChatGPT

	2022 Y	2023 Y	2024 Y
As of date	12/31/2022	12/31/2023	12/31/2024

Sales/Revenue/Turnover	166	231	354
+ Sales & Services Revenue	166	231	354
- Cost of Revenue	116	168	284
+ Cost of Goods & Services	116	168	284
Gross Profit	50	62	70
+ Other Operating Income	- -	- -	- -
- Operating Expenses	37	48	76
+ Selling, General & Admin	29	36	53
+ Research & Development	- -	- -	- -
+ Other Operating Expense	8	12	24
Operating Income (Loss)	13	14	-7
- Non-Operating (Income) Loss	25	28	50
+ Interest Expense, Net	25	30	46
+ Interest Expense	25	30	46
- Interest Income	- -	- -	- -
+ Other Non-Op (Income) Loss	1	-2	4
Pretax Income	-13	-14	-57
- Income Tax Expense (Benefit)	- -	- -	-8
- (Income) Loss from Affiliates	- -	- -	- -
Income (Loss) from Cont Ops	-13	-14	-48
- Net Extraordinary Losses (Gains)	- -	- -	- -
+ Discontinued Operations	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -
Income (Loss) Incl. MI	-13	-14	-48
- Minority Interest	- -	- -	- -
Net Income, GAAP	-13	-14	-48
- Preferred Dividends	- -	- -	- -
- Other Adjustments	- -	- -	- -
Net Income Avail to Common, GAAP	-13	-14	-48
EBIT	13	14	-7
EBITDA	21	26	17
EBITDA Margin (%)	12.68	11.46	4.75
EBITA	13	14	-7
Gross Margin (%)	29.87	27.07	19.73
Operating Margin (%)	7.58	6.1	-1.89
Profit Margin (%)	-7.7	-5.99	-13.61
Sales per Employee	- -	- -	- -
Dividend per Share	- -	- -	- -
Depreciation Expense	8	12	24
Basic Weighted Avg Shares	50	50	50
Basic EPS, GAAP	-0.25	-0.28	-0.96
Basic EPS from Cont Ops	-0.25	-0.28	-0.96
Diluted Weighted Avg Shares	50	50	50
Diluted EPS, GAAP	-0.25	-0.28	-0.96
Diluted EPS from Cont Ops	-0.25	-0.28	-0.96

Balance Sheet (USD)

API ChatGPT

	2022 Y	2023 Y	2024 Y
As of date	12/31/2022	12/31/2023	12/31/2024

Total Current Assets	17	28	29
+ Cash, Cash Equivalents & STI	3	4	9
+ Cash & Cash Equivalents	3	4	9
+ ST Investments	- -	- -	- -
+ Accounts & Notes Receiv	1	2	3
+ Accounts Receivable, Net	1	2	3
+ Notes Receivable, Net	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -
+ Inventories	- -	- -	- -
+ Raw Materials	- -	- -	- -
+ Work In Process	- -	- -	- -
+ Finished Goods	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -
+ Other Inventory	- -	- -	- -
+ Other ST Assets	13	21	16
+ Misc ST Assets	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -
Total Noncurrent Assets	238	538	514
+ Property, Plant & Equip, Net	97	239	219
+ Property, Plant & Equip	105	257	254
- Accumulated Depreciation	8	18	36
+ LT Investments & Receivables	- -	- -	- -
+ LT Investments	- -	- -	- -
+ LT Receivables	- -	- -	- -
+ Other LT Assets	140	298	295
+ Total Intangible Assets	131	287	284
+ Goodwill	105	117	117
+ Other Intangible Assets	26	170	167
+ LT Deferred Tax Assets	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -
+ Misc LT Assets	9	11	11
Total Assets	391	566	542
+ Payables & Accruals	24	38	33
+ Accounts Payable	6	9	10
+ Accrued Taxes	2	6	5
+ Interest & Dividends Payable	- -	- -	- -
+ Other Payables & Accruals	16	23	18
+ ST Debt	8	31	18
+ ST Borrowings	2	10	11
+ ST Finance Leases	6	22	7
+ Other ST Liabilities	1	1	4
+ Deferred Revenue	1	1	4
+ Derivatives & Hedging	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -
Total Current Liabilities	33	71	55
+ LT Debt	288	484	552
+ LT Borrowings	242	334	405
+ LT Finance Leases	46	149	147
+ Other LT Liabilities	11	11	20
+ Accrued Liabilities	4	4	8
+ Pension Liabilities	- -	- -	- -
+ Deferred Revenue	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -
+ Misc LT Liabilities	6	7	13
Total Noncurrent Liabilities	298	495	572
Total Liabilities	331	566	627
+ Preferred Equity and Hybrid Capital	- -	- -	- -
+ Share Capital & APIC	- -	- -	- -
+ Common Stock	- -	- -	- -
+ Additional Paid in Capital	- -	- -	- -
- Treasury Stock	- -	- -	- -
+ Retained Earnings	- -	- -	-85
+ Other Equity	- -	- -	- -
Equity Before Minority Interest	60	- -	-85
+ Minority/Non Controlling Interest	- -	- -	- -
Total Equity	60	- -	-85
Total Liabilities & Equity	391	566	542
Shares Outstanding	50	50	50
Number of Employees	- -	- -	- -
Capital Leases - Total	52	171	154
Net Debt	241	339	406
Net Debt to Equity	399.72	- -	-480.24
Tangible Common Equity Ratio	-27.33	-103.09	-142.63
Current Ratio	0.5	0.4	0.52
Cash Conversion Cycle	- -	-13.98	-9.61

Cash Flow Statement (USD)

API ChatGPT

	2022 Y	2023 Y	2024 Y
As of date	12/31/2022	12/31/2023	12/31/2024

+ Net Income	-13	-14	-48
+ Depreciation & Amortization	8	12	24
+ Non-Cash Items	6	4	13
+ Stock-Based Compensation	1	- -	- -
+ Deferred Income Taxes	- -	- -	-8
+ Asset Impairment Charge	- -	- -	- -
+ Other Non-Cash Adj	5	4	21
+ Chg in Non-Cash Work Cap	-8	3	-3
+ (Inc) Dec in Accts Receiv	- -	- -	-1
+ (Inc) Dec in Inventories	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -
+ Inc (Dec) in Accts Payable	-2	2	-2
+ Inc (Dec) in Other	-5	2	-1
+ Net Cash From Disc Ops	- -	- -	- -
Cash from Operating Activities	-6	6	-15
+ Change in Fixed & Intang	- -	- -	- -
+ Disp in Fixed & Intang	10	9	5
+ Disp of Fixed Prod Assets	10	9	5
+ Disp of Intangible Assets	- -	- -	- -
+ Acq of Fixed & Intang	-18	-24	-25
+ Acq of Fixed Prod Assets	-18	-24	-25
+ Acq of Intangible Assets	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -
+ Cash for JVs	- -	- -	- -
+ Other Investing Activities	2	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -
Cash from Investing Activities	-6	-15	-21
+ Dividends Paid	- -	- -	- -
+ Net Cash From Debt	2	1	14
+ Cash From Debt	7	9	416
+ Repayments of Debt	-5	-9	-402
+ Other Financing Activities	5	15	23
+ Net Cash From Disc Ops	- -	- -	- -
Cash from Financing Activities	6	16	37
Effect of Foreign Exchange Rates	- -	- -	- -
Net Changes in Cash	-6	7	2
EBITDA	21	26	17
EBITDA Margin (%)	12.68	11.46	4.75
Free Cash Flow	-24	-18	-40
Net Cash Paid for Acquisitions	- -	- -	- -
Free Cash Flow to Firm	- -	-18	- -
Free Cash Flow to Equity	- -	-8	-22
Free Cash Flow per Basic Share	-0.48	-0.36	-0.8
Price/Free Cash Flow	- -	- -	- -
Cash Flow to Net Income	0.48	-0.44	0.31
Capital Expenditures	-18	-24	-25