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TWFG Announces Unaudited Preliminary Fourth Quarter and Full Year 2024 Financial Results
TWFGTWFG, Inc.(TWFG) GlobeNewswire·2025-02-28 23:28

Core Insights - TWFG, Inc. announced preliminary unaudited financial highlights for Q4 and full year 2024, indicating significant growth in revenue and written premiums [1][2][3] Financial Performance - Total fourth quarter revenue is expected to be between 49millionand49 million and 51 million, reflecting an increase of 23.8% to 28.9% compared to Q4 2023 [7][8] - Anticipated total full-year 2024 revenue is projected to be between 201millionand201 million and 203 million, marking an increase of 16.5% to 18.2% compared to full-year 2023 [7][8] - Total fourth quarter written premium is expected to be 361million,anincreaseof20361 million, an increase of 20% compared to Q4 2023 [7][8] - Total full-year written premium is anticipated to be approximately 1.5 billion, representing an 18% increase compared to full-year 2023 [7][8] Organic Revenue Growth - The expected Organic Revenue Growth Rate for Q4 2024 is between 20.2% and 20.8%, while the full-year 2024 Organic Revenue Growth Rate is projected to be between 14% and 15% [7][8] - Organic Revenue for Q4 2024 is estimated to be between 43.5millionand43.5 million and 43.7 million, with Organic Revenue Growth for the same period expected to be between 7.323millionand7.323 million and 7.523 million [8][9] Key Performance Indicators - Total Written Premium is utilized as a key performance indicator, representing the total amount of current premium placed with insurance carriers [11]