TWFG expects strong revenue and growth rates for fourth quarter and full year 2024

From GlobeNewswire: 2025-02-28 18:28:02

TWFG, Inc. announced preliminary unaudited financial highlights for the fourth quarter and full year ended December 31, 2024. Total fourth quarter revenue is expected to be between $49 million and $51 million, with total full-year revenue anticipated between $201 million and $203 million. Fourth quarter written premium is estimated at $361 million, with total full-year written premium around $1.5 billion. The company also expects fourth quarter Organic Revenue Growth Rate to be between 20.2% and 20.8%, and full-year 2024 Organic Revenue Growth Rate of between 14% and 15%. The company will release its full earnings in mid-March with a conference call to follow.

TWFG (NASDAQ: TWFG) is a leading independent distribution platform for personal and commercial insurance in the US. They represent hundreds of insurance carriers and provide innovative insurance solutions through agents, carriers, and technology-driven distribution models. Organic Revenue Growth is a non-GAAP measure used to assess operating performance, eliminating the impact of acquisitions to ensure comparability of results. Total Written Premium is another key performance indicator monitored by the company. The press release also contains forward-looking statements regarding expectations, risks, and uncertainties. Investors can contact Gene Padgett, CAO, and media inquiries can be directed to Alex Bunch.



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