$EWCZ
European Wax Center, Inc.

2021 Q2 Form 10-Q Financial Statement

#000095017021001806 Filed on September 14, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $47.90M $10.81M
YoY Change 343.13%
Cost Of Revenue $11.54M $3.720M
YoY Change 210.22%
Gross Profit $36.36M $7.100M
YoY Change 412.14%
Gross Profit Margin 75.91% 65.68%
Selling, General & Admin $18.91M $8.940M
YoY Change 111.54%
% of Gross Profit 52.01% 125.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.271M $5.040M
YoY Change 4.58%
% of Gross Profit 14.5% 70.99%
Operating Expenses $24.18M $13.98M
YoY Change 72.98%
Operating Profit $12.18M -$6.880M
YoY Change -277.02%
Interest Expense -$4.635M -$4.490M
YoY Change 3.23%
% of Operating Profit -38.06%
Other Income/Expense, Net
YoY Change
Pretax Income $7.729M -$11.37M
YoY Change -167.98%
Income Tax
% Of Pretax Income
Net Earnings $7.729M -$11.37M
YoY Change -167.97%
Net Earnings / Revenue 16.14% -105.2%
Basic Earnings Per Share
Diluted Earnings Per Share $121.3K -$0.18
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $35.24M
YoY Change
Cash & Equivalents $35.24M $21.24M
Short-Term Investments
Other Short-Term Assets $12.58M
YoY Change
Inventory $19.80M
Prepaid Expenses
Receivables $10.51M
Other Receivables $689.0K
Total Short-Term Assets $78.82M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $4.513M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.215M
YoY Change
Total Long-Term Assets -$78.82M
YoY Change
TOTAL ASSETS
Total Short-Term Assets $78.82M
Total Long-Term Assets -$78.82M
Total Assets $100.00
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.393M
YoY Change
Accrued Expenses $5.063M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $2.428M
YoY Change
Total Short-Term Liabilities $29.20M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $262.4M
YoY Change
Other Long-Term Liabilities $7.304M
YoY Change
Total Long-Term Liabilities $269.7M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $29.20M
Total Long-Term Liabilities $269.7M
Total Liabilities $298.9M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $100.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $100.00
YoY Change
Total Liabilities & Shareholders Equity $626.4M
YoY Change

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $7.729M -$11.37M
YoY Change -167.97%
Depreciation, Depletion And Amortization $5.271M $5.040M
YoY Change 4.58%
Cash From Operating Activities $9.847M -$18.63M
YoY Change -152.86%
INVESTING ACTIVITIES
Capital Expenditures -$3.418M $5.790M
YoY Change -159.03%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$3.418M -$5.790M
YoY Change -40.97%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 119.0K 33.74M
YoY Change -99.65%
NET CHANGE
Cash From Operating Activities 9.847M -18.63M
Cash From Investing Activities -3.418M -5.790M
Cash From Financing Activities 119.0K 33.74M
Net Change In Cash 6.548M 9.320M
YoY Change -29.74%
FREE CASH FLOW
Cash From Operating Activities $9.847M -$18.63M
Capital Expenditures -$3.418M $5.790M
Free Cash Flow $13.27M -$24.42M
YoY Change -154.32%

Facts In Submission

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EntityCentralIndexKey
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dei Document Type
DocumentType
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dei Document Quarterly Report
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dei Document Period End Date
DocumentPeriodEndDate
2021-06-26
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
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dei Document Transition Report
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dei Entity File Number
EntityFileNumber
001-40714
dei Entity Registrant Name
EntityRegistrantName
EUROPEAN WAX CENTER, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
86-3150064
dei Entity Address Address Line1
EntityAddressAddressLine1
5830 Granite Parkway, 3rd Floor
dei Entity Address City Or Town
EntityAddressCityOrTown
Plano
dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
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dei City Area Code
CityAreaCode
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dei Local Phone Number
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264-8123
dei Security12b Title
Security12bTitle
Class A common stock, par value $0.00001 per share
dei Trading Symbol
TradingSymbol
EWCZ
dei Security Exchange Name
SecurityExchangeName
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dei Entity Current Reporting Status
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