Financial Snapshot

Revenue
$223.5M
TTM
Gross Margin
73.12%
TTM
Net Earnings
$11.09M
TTM
Current Assets
$87.45M
Q4 2024
Current Liabilities
$27.59M
Q4 2024
Current Ratio
317.0%
Q4 2024
Total Assets
$708.0M
Q4 2024
Total Liabilities
$638.9M
Q4 2024
Book Value
$69.08M
Q4 2024
Cash
Q4 2024
P/E
32.91
Nov 29, 2024 EST
Free Cash Flow
$56.41M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2022 2021 2020 2019
Revenue $221.0M $207.4M $178.7M $103.4M $154.2M
YoY Change 16.05% 72.79% -32.94%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2022 2021 2020 2019
Revenue $221.0M $207.4M $178.7M $103.4M $154.2M
Cost Of Revenue $62.64M $59.23M $46.84M $35.51M $40.90M
Gross Profit $158.4M $148.1M $131.8M $67.90M $113.3M
Gross Profit Margin 71.66% 71.44% 73.78% 65.66% 73.48%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2022 2021 2020 2019
Selling, General & Admin $93.35M $87.61M $86.68M $50.49M $86.10M
YoY Change 1.07% 71.68% -41.36%
% of Gross Profit 58.94% 59.15% 65.75% 74.36% 75.99%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.17M $20.23M $20.33M $19.58M $15.53M
YoY Change -0.5% 3.84% 26.06%
% of Gross Profit 12.73% 13.66% 15.42% 28.84% 13.71%
Operating Expenses $113.5M $107.8M $107.0M $70.07M $99.51M
YoY Change 0.77% 52.72% -29.58%
Operating Profit $44.86M $40.28M $24.82M -$2.175M $13.79M
YoY Change 62.3% -1241.15% -115.78%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2022 2021 2020 2019
Interest Expense -$26.69M -$21.67M -$13.97M -$18.28M -$15.55M
YoY Change 55.08% -23.54% 17.55%
% of Operating Profit -59.48% -53.79% -56.3% -112.78%
Other Income/Expense, Net $412.0K -$56.23M -$195.0K
YoY Change 28734.87%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2022 2021 2020 2019
Pretax Income $18.58M -$39.58M $4.081M -$21.50M -$24.40M
YoY Change -1069.81% -118.99% -11.89%
Income Tax $6.236M -$53.19M $114.0K $0.00 $0.00
% Of Pretax Income 33.56% 2.79%
Net Earnings $8.931M $7.277M $3.967M -$21.50M -$24.40M
YoY Change 83.44% -118.46% -11.89%
Net Earnings / Revenue 4.04% 3.51% 2.22% -20.79% -15.82%
Basic Earnings Per Share
Diluted Earnings Per Share $0.18 $0.18 $108.6K -$337.0K -$382.4K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2022 2021 2020 2019
Cash & Short-Term Investments $52.74M $44.22M $43.30M $36.72M $10.26M
YoY Change 2.12% 17.92% 257.76%
Cash & Equivalents $52.74M $44.22M $43.30M $36.72M $10.26M
Short-Term Investments
Other Short-Term Assets $12.75M $12.15M $5.927M $4.574M $2.084M
YoY Change 104.98% 29.58% 119.48%
Inventory $20.77M $23.02M $19.42M $10.28M $22.04M
Prepaid Expenses
Receivables $9.250M $6.932M $6.656M $5.070M $6.791M
Other Receivables $0.00 $0.00 $0.00 $689.0K $811.0K
Total Short-Term Assets $95.50M $86.32M $75.31M $57.33M $41.99M
YoY Change 14.62% 31.35% 36.55%
Property, Plant & Equipment $6.296M $7.646M $3.863M $5.039M $4.456M
YoY Change 97.93% -23.34% 13.08%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $141.3M $110.5M $3.723M $2.710M $3.075M
YoY Change 2867.71% 37.38% -11.87%
Total Long-Term Assets $640.2M $629.7M $538.1M $549.6M $534.5M
YoY Change 17.02% -2.08% 2.82%
Total Assets $735.7M $716.0M $613.4M $606.9M $576.5M
YoY Change
Accounts Payable $12.03M $13.33M $7.684M $615.0K $3.838M
YoY Change 73.49% 1149.43% -83.98%
Accrued Expenses $7.168M $6.528M $6.878M $3.609M $6.984M
YoY Change -5.09% 90.58% -48.32%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.000M $4.000M $5.625M $2.428M $2.285M
YoY Change -28.89% 131.67% 6.26%
Total Short-Term Liabilities $37.82M $32.81M $31.97M $18.45M $29.98M
YoY Change 2.64% 73.27% -38.45%
Long-Term Debt $372.0M $370.9M $172.6M $263.0M $223.0M
YoY Change 114.9% -34.36% 17.93%
Other Long-Term Liabilities $209.3M $182.0M $67.63M $7.453M $9.192M
YoY Change 169.11% 807.35% -18.92%
Total Long-Term Liabilities $581.3M $552.9M $240.2M $270.4M $232.2M
YoY Change 130.16% -11.17% 16.47%
Total Liabilities $652.4M $637.0M $434.1M $288.9M $262.2M
YoY Change 46.76% 50.25% 10.19%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2022 2021 2020 2019
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $365.06 Million

About European Wax Center, Inc.

European Wax Center, Inc. engages in the business of managing franchisee and operation of out-of-home waxing services by number of centers and system-wide sales. The company is headquartered in Plano, Texas and currently employs 120 full-time employees. The company went IPO on 2021-08-05. The firm offers guests hygienic waxing services administered by its EWC-trained estheticians (its wax specialists). The company provides a technology-enabled interface for automated appointment scheduling and remote check-in capabilities across its network of centers. The firm offers a variety of body and facial waxing services focused on the areas of their bodies needing hair removal. The company utilizes its Comfort Wax formulation during the waxing service. This wax product features a blend of natural beeswax combined with other skin-soothing ingredients and is co-manufactured by suppliers in Europe. The firm also offers skincare retail products. The company provides a range of pre- and post-service products, including ingrown hair serums, exfoliating gels, brow shapers and skin treatments. The firm operates a portfolio of centers operating in 1,044 locations across 45 states.

Industry: Services-Personal Services Peers: ADT Inc. Frontdoor, Inc. Beachbody Company, Inc. CARRIAGE SERVICES INC Mister Car Wash, Inc. ROVER GROUP, INC. Vivint Smart Home, Inc. TERMINIX GLOBAL HOLDINGS INC Stonemor Inc.