2024 Q4 Form 10-Q Financial Statement
#000095017024127256 Filed on November 15, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q1 |
---|---|---|
Revenue | $55.43M | $56.33M |
YoY Change | ||
Cost Of Revenue | $15.00M | $15.56M |
YoY Change | ||
Gross Profit | $40.43M | $40.77M |
YoY Change | ||
Gross Profit Margin | 72.93% | 72.38% |
Selling, General & Admin | $25.88M | $22.99M |
YoY Change | ||
% of Gross Profit | 64.02% | 56.4% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $5.261M | $5.022M |
YoY Change | ||
% of Gross Profit | 13.01% | 12.32% |
Operating Expenses | $30.96M | $28.02M |
YoY Change | ||
Operating Profit | $9.471M | $12.75M |
YoY Change | ||
Interest Expense | -$6.340M | -$6.591M |
YoY Change | ||
% of Operating Profit | -66.94% | -51.69% |
Other Income/Expense, Net | -$285.0K | -$344.0K |
YoY Change | ||
Pretax Income | $2.848M | $5.809M |
YoY Change | ||
Income Tax | $818.0K | $2.198M |
% Of Pretax Income | 28.72% | 37.84% |
Net Earnings | $1.480M | $2.486M |
YoY Change | ||
Net Earnings / Revenue | 2.67% | 4.41% |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | $0.03 | $0.07 |
COMMON SHARES | ||
Basic Shares Outstanding | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q4 | 2024 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $48.02M | $52.74M |
YoY Change | ||
Cash & Equivalents | $54.50M | $59.23M |
Short-Term Investments | ||
Other Short-Term Assets | $11.73M | $12.75M |
YoY Change | ||
Inventory | $20.57M | $20.77M |
Prepaid Expenses | ||
Receivables | $7.139M | $9.250M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $87.45M | $95.50M |
YoY Change | ||
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $5.154M | $2.284M |
YoY Change | ||
Goodwill | $328.6M | |
YoY Change | ||
Intangibles | $164.1M | |
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $139.3M | $141.3M |
YoY Change | ||
Total Long-Term Assets | $620.5M | $640.2M |
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | $87.45M | $95.50M |
Total Long-Term Assets | $620.5M | $640.2M |
Total Assets | $708.0M | $735.7M |
YoY Change | ||
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $10.61M | $12.03M |
YoY Change | ||
Accrued Expenses | $6.220M | $7.168M |
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $4.000M | $4.000M |
YoY Change | ||
Total Short-Term Liabilities | $27.59M | $37.82M |
YoY Change | ||
LONG-TERM LIABILITIES | ||
Long-Term Debt | $372.9M | $372.0M |
YoY Change | ||
Other Long-Term Liabilities | $209.6M | $209.3M |
YoY Change | ||
Total Long-Term Liabilities | $582.5M | $581.3M |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $27.59M | $37.82M |
Total Long-Term Liabilities | $582.5M | $581.3M |
Total Liabilities | $638.9M | $652.4M |
YoY Change | ||
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$110.9M | |
YoY Change | ||
Common Stock | $232.9M | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $69.08M | $83.34M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $708.0M | $735.7M |
YoY Change |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $1.480M | $2.486M |
YoY Change | ||
Depreciation, Depletion And Amortization | $5.261M | $5.022M |
YoY Change | ||
Cash From Operating Activities | $14.82M | $16.75M |
YoY Change | ||
INVESTING ACTIVITIES | ||
Capital Expenditures | $61.00K | $11.00K |
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | |
YoY Change | ||
Cash From Investing Activities | -$61.00K | -$11.00K |
YoY Change | ||
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -22.40M | -28.01M |
YoY Change | ||
NET CHANGE | ||
Cash From Operating Activities | 14.82M | 16.75M |
Cash From Investing Activities | -61.00K | -11.00K |
Cash From Financing Activities | -22.40M | -28.01M |
Net Change In Cash | -7.645M | -11.28M |
YoY Change | ||
FREE CASH FLOW | ||
Cash From Operating Activities | $14.82M | $16.75M |
Capital Expenditures | $61.00K | $11.00K |
Free Cash Flow | $14.76M | $16.73M |
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Current Fiscal Year End Date
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|
--01-06 | ||
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Amendment Flag
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Document Fiscal Period Focus
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Q3 | ||
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Entity Central Index Key
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|
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Document Type
DocumentType
|
10-Q | ||
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Document Quarterly Report
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|
true | ||
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Document Period End Date
DocumentPeriodEndDate
|
2024-10-05 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | ||
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Document Transition Report
DocumentTransitionReport
|
false | ||
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
|
75024 | ||
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City Area Code
CityAreaCode
|
(469) | ||
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Local Phone Number
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264-8123 | ||
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Security12b Title
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|
Class A common stock, par value $0.00001 per share | ||
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Trading Symbol
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EWCZ | ||
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Security Exchange Name
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NASDAQ | ||
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Entity Current Reporting Status
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Yes | ||
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Accelerated Filer | ||
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Profit Loss
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|
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Depreciation And Amortization
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us-gaap |
Depreciation And Amortization
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|
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us-gaap |
Amortization Of Financing Costs
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|
4171000 | ||
us-gaap |
Amortization Of Financing Costs
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|
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ewcz |
Provision For Inventory Obsolescence
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|
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us-gaap |
Provision For Doubtful Accounts
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|
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Provision For Doubtful Accounts
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Deferred Income Tax Expense Benefit
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|
3568000 | ||
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Deferred Income Tax Expense Benefit
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|
3768000 | ||
ewcz |
Remeasurement Of Tax Receivable Agreement Liability
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|
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ewcz |
Remeasurement Of Tax Receivable Agreement Liability
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ewcz |
Gain On Sale Of Center
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Share Based Compensation
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Increase Decrease In Deferred Revenue
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Increase Decrease In Other Noncurrent Liabilities
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Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
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Net Cash Provided By Used In Operating Activities
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Payments To Acquire Property Plant And Equipment
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Profit Loss
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|
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Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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|
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|
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2322000 | ||
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|
1 | |
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|
135000 | |
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|
81000 | ||
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1 | |
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Net Income Loss
NetIncomeLoss
|
1480000 | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2883000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
8494000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
6274000 | ||
CY2024Q4 | ewcz |
Noncontrolling Interest Change In Ownership Percentage
NoncontrollingInterestChangeInOwnershipPercentage
|
2533000 | |
CY2023Q3 | ewcz |
Noncontrolling Interest Change In Ownership Percentage
NoncontrollingInterestChangeInOwnershipPercentage
|
794000 | |
ewcz |
Noncontrolling Interest Change In Ownership Percentage
NoncontrollingInterestChangeInOwnershipPercentage
|
3703000 | ||
ewcz |
Noncontrolling Interest Change In Ownership Percentage
NoncontrollingInterestChangeInOwnershipPercentage
|
15133000 | ||
CY2024Q4 | ewcz |
Net Increase In Equity Due To Equity Interest Transactions With Noncontrolling Interests
NetIncreaseInEquityDueToEquityInterestTransactionsWithNoncontrollingInterests
|
4013000 | |
CY2023Q3 | ewcz |
Net Increase In Equity Due To Equity Interest Transactions With Noncontrolling Interests
NetIncreaseInEquityDueToEquityInterestTransactionsWithNoncontrollingInterests
|
3677000 | |
ewcz |
Net Increase In Equity Due To Equity Interest Transactions With Noncontrolling Interests
NetIncreaseInEquityDueToEquityInterestTransactionsWithNoncontrollingInterests
|
12197000 | ||
ewcz |
Net Increase In Equity Due To Equity Interest Transactions With Noncontrolling Interests
NetIncreaseInEquityDueToEquityInterestTransactionsWithNoncontrollingInterests
|
21407000 | ||
CY2024Q4 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q4 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q4 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q4 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false |