EWCZ: European Wax Center Inc Financial Statements
Balance sheet, income statement, and cash flow statements for European Wax Center Inc (EWCZ).
$371.84M Market Cap.
EWCZ Market Cap. (MRY)
EWCZ Shares Outstanding (MRY)
EWCZ Assets (MRY)
Total Assets
$707.07M
Total Liabilities
$615.48M
Total Investments
$0
EWCZ Income (MRY)
Revenue
$216.92M
Net Income
$10.46M
Operating Expense
$111.84M
EWCZ Cash Flow (MRY)
CF Operations
$56.51M
CF Investing
-$386.00K
CF Financing
-$59.15M
EWCZ Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total Assets | $707,067,000 (-3.68%) | $734,117,000 (2.53%) | $716,032,000 (16.72%) | $613,439,000 (1.08%) |
Assets Current | $87,839,000 (-8.02%) | $95,497,000 (10.64%) | $86,317,000 (14.62%) | $75,307,000 (31.35%) |
Assets Non-Current | $619,228,000 (-3.04%) | $638,620,000 (1.41%) | $629,715,000 (17.02%) | $538,132,000 (-2.08%) |
Goodwill & Intangible Assets | $471,272,000 (-3.94%) | $490,607,000 (-4.10%) | $511,581,000 (-3.57%) | $530,546,000 (-2.08%) |
Shareholders Equity | $64,047,000 (-21.92%) | $82,024,000 (3.83%) | $79,000,000 (-55.96%) | $179,387,000 (0%) |
Property Plant & Equipment Net | $5,626,000 (-10.64%) | $6,296,000 (-17.66%) | $7,646,000 (97.93%) | $3,863,000 (-23.34%) |
Cash & Equivalents | $56,194,000 (-5.12%) | $59,228,000 (16.60%) | $50,794,000 (17.30%) | $43,301,000 (17.92%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | -$45,000 (91.46%) |
Deferred Revenue | $9,985,000 (-15.92%) | $11,876,000 (8.11%) | $10,985,000 (12.19%) | $9,791,000 (10.27%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $19,070,000 (-8.17%) | $20,767,000 (-9.78%) | $23,017,000 (18.50%) | $19,423,000 (88.94%) |
Trade & Non-Trade Receivables | $7,283,000 (-21.26%) | $9,250,000 (33.44%) | $6,932,000 (4.15%) | $6,656,000 (31.28%) |
Trade & Non-Trade Payables | $17,354,000 (-3.41%) | $17,966,000 (-3.13%) | $18,547,000 (-19.90%) | $23,155,000 (71.66%) |
Accumulated Retained Earnings (Deficit) | -$100,416,000 (9.44%) | -$110,878,000 (6.38%) | -$118,437,000 (-3296.53%) | -$3,487,000 (0%) |
Tax Assets | $140,315,000 (1.22%) | $138,623,000 (30.55%) | $106,187,000 (0%) | $0 (0%) |
Tax Liabilities | $205,008,000 (-0.79%) | $206,636,000 (20.03%) | $172,160,000 (190.97%) | $59,167,000 (0%) |
Total Debt | $380,819,000 (0.11%) | $380,390,000 (-0.02%) | $380,474,000 (113.47%) | $178,232,000 (-32.84%) |
Debt Current | $5,255,000 (0.44%) | $5,232,000 (-1.51%) | $5,312,000 (-5.56%) | $5,625,000 (131.67%) |
Debt Non-Current | $375,564,000 (0.11%) | $375,158,000 (-0.00%) | $375,162,000 (117.35%) | $172,607,000 (-34.36%) |
Total Liabilities | $615,475,000 (-0.59%) | $619,114,000 (5.70%) | $585,728,000 (115.18%) | $272,198,000 (-5.77%) |
Liabilities Current | $36,111,000 (-4.52%) | $37,822,000 (15.28%) | $32,810,000 (2.64%) | $31,966,000 (73.27%) |
Liabilities Non-Current | $579,364,000 (-0.33%) | $581,292,000 (5.13%) | $552,918,000 (130.16%) | $240,232,000 (-11.17%) |
EWCZ Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Revenues | $216,916,000 (-1.86%) | $221,024,000 (6.59%) | $207,351,000 (16.05%) | $178,678,000 (72.79%) |
Cost of Revenue | $57,313,000 (-8.50%) | $62,637,000 (5.76%) | $59,227,000 (26.44%) | $46,841,000 (31.92%) |
Selling General & Administrative Expense | $91,645,000 (-1.83%) | $93,354,000 (6.56%) | $87,610,000 (1.16%) | $86,607,000 (71.53%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $111,841,000 (-1.82%) | $113,909,000 (5.25%) | $108,225,000 (0.89%) | $107,275,000 (50.84%) |
Interest Expense | $25,492,000 (-4.47%) | $26,686,000 (12.95%) | $23,626,000 (16.46%) | $20,286,000 (11.00%) |
Income Tax Expense | $2,190,000 (-64.45%) | $6,160,000 (111.52%) | -$53,468,000 (-47001.75%) | $114,000 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $14,681,000 (21.89%) | $12,044,000 (-10.87%) | $13,513,000 (240.64%) | $3,967,000 (118.46%) |
Net Income to Non-Controlling Interests | $4,219,000 (26.32%) | $3,340,000 (-46.17%) | $6,205,000 (-15.94%) | $7,382,000 (134.34%) |
Net Income | $10,462,000 (20.20%) | $8,704,000 (19.10%) | $7,308,000 (314.00%) | -$3,415,000 (0%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $10,462,000 (20.20%) | $8,704,000 (19.10%) | $7,308,000 (314.00%) | -$3,415,000 (0%) |
Weighted Average Shares | $46,841,567 (-5.39%) | $49,510,401 (23.74%) | $40,010,456 (24.12%) | $32,234,507 (-7.13%) |
Weighted Average Shares Diluted | $46,874,356 (-5.47%) | $49,589,338 (23.51%) | $40,151,051 (24.56%) | $32,234,507 |
Earning Before Interest & Taxes (EBIT) | $38,144,000 (-8.20%) | $41,550,000 (284.39%) | -$22,534,000 (-232.67%) | $16,985,000 (-7.06%) |
Gross Profit | $159,603,000 (0.77%) | $158,387,000 (6.93%) | $148,124,000 (12.35%) | $131,837,000 (94.17%) |
Operating Income | $47,762,000 (7.38%) | $44,478,000 (11.48%) | $39,899,000 (62.44%) | $24,562,000 (863.03%) |
EWCZ Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Net Cash Flow from Investing | -$386,000 (50.83%) | -$785,000 (-220.41%) | -$245,000 (97.01%) | -$8,203,000 (77.74%) |
Net Cash Flow from Financing | -$59,154,000 (-27.53%) | -$46,383,000 (-26.67%) | -$36,617,000 (-37.85%) | -$26,562,000 (-142.91%) |
Net Cash Flow from Operations | $56,506,000 (1.63%) | $55,602,000 (25.36%) | $44,355,000 (7.28%) | $41,346,000 (2859.63%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$3,034,000 (-135.97%) | $8,434,000 (12.56%) | $7,493,000 (13.86%) | $6,581,000 (-75.12%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | -$7,644,000 (77.96%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$386,000 (50.83%) | -$785,000 (-220.41%) | -$245,000 (56.17%) | -$559,000 (74.10%) |
Issuance (Repayment) of Debt Securities | -$4,000,000 (0.00%) | -$4,000,000 (-101.98%) | $202,251,000 (316.01%) | -$93,629,000 (-336.42%) |
Issuance (Purchase) of Equity Shares | -$44,461,000 (-33.44%) | -$33,318,000 (-77.44%) | -$18,777,000 (-127.47%) | $68,361,000 (196.42%) |
Payment of Dividends & Other Cash Distributions | -$789,000 (72.31%) | -$2,849,000 (98.61%) | -$205,247,000 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $5,150,000 (-53.13%) | $10,988,000 (21.64%) | $9,033,000 (-18.88%) | $11,135,000 (442.64%) |
Depreciation Amortization & Accretion | $20,279,000 (-1.31%) | $20,548,000 (-0.29%) | $20,608,000 (1.35%) | $20,333,000 (3.84%) |
EWCZ Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Gross Margin | 73.60% (2.65%) | 71.70% (0.42%) | 71.40% (-3.25%) | 73.80% (12.33%) |
Profit Margin | 4.80% (23.08%) | 3.90% (11.43%) | 3.50% (284.21%) | -1.90% (0%) |
EBITDA Margin | 26.90% (-4.27%) | 28.10% (3222.22%) | -0.90% (-104.31%) | 20.90% (-42.90%) |
Return on Average Equity (ROAE) | 13.70% (47.31%) | 9.30% (25.68%) | 7.40% (628.57%) | -1.40% (0%) |
Return on Average Assets (ROAA) | 1.50% (25.00%) | 1.20% (9.09%) | 1.10% (283.33%) | -0.60% (0%) |
Return on Sales (ROS) | 17.60% (-6.38%) | 18.80% (272.48%) | -10.90% (-214.74%) | 9.50% (-46.33%) |
Return on Invested Capital (ROIC) | 7.20% (-6.49%) | 7.70% (228.33%) | -6.00% (-183.33%) | 7.20% (0.00%) |
Dividend Yield | 0% (0%) | 0% (0%) | 26.50% (0%) | 0% |
Price to Earnings Ratio (P/E) | 29.68 (-61.19%) | 76.47 (16.70%) | 65.53 (124.64%) | -265.91 |
Price to Sales Ratio (P/S) | 1.41 (-51.58%) | 2.91 (21.23%) | 2.4 (-54.48%) | 5.28 |
Price to Book Ratio (P/B) | 5.81 (-41.33%) | 9.9 (-1.19%) | 10.02 (-3.46%) | 10.37 |
Debt to Equity Ratio (D/E) | 9.61 (27.32%) | 7.55 (1.81%) | 7.41 (388.73%) | 1.52 |
Earnings Per Share (EPS) | 0.22 (29.41%) | 0.17 (-10.53%) | 0.19 (272.73%) | -0.11 (0%) |
Sales Per Share (SPS) | 4.63 (3.74%) | 4.46 (-13.86%) | 5.18 (-6.51%) | 5.54 (86.07%) |
Free Cash Flow Per Share (FCFPS) | 1.2 (8.22%) | 1.11 (0.45%) | 1.1 (-12.89%) | 1.26 (5850.00%) |
Book Value Per Share (BVPS) | 1.37 (-17.50%) | 1.66 (-16.06%) | 1.97 (-64.53%) | 5.57 (0%) |
Tangible Assets Book Value Per Share (TABVPS) | 5.03 (2.36%) | 4.92 (-3.76%) | 5.11 (98.68%) | 2.57 (37.17%) |
Enterprise Value Over EBIT (EV/EBIT) | 18 (-33.33%) | 27 (154.00%) | -50 (-142.02%) | 119 |
Enterprise Value Over EBITDA (EV/EBITDA) | 11.95 (-33.85%) | 18.06 (103.10%) | -583.41 (-1181.18%) | 53.96 |
Asset Turnover | 0.3 (2.03%) | 0.29 (-8.67%) | 0.32 (11.00%) | 0.29 (66.29%) |
Current Ratio | 2.43 (-3.68%) | 2.52 (-4.03%) | 2.63 (11.67%) | 2.36 (-24.20%) |
Dividends | $0 (0%) | $0 (0%) | $3.3 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $56,120,000 (2.38%) | $54,817,000 (24.27%) | $44,110,000 (8.15%) | $40,787,000 (5459.66%) |
Enterprise Value (EV) | $698,135,483 (-37.76%) | $1,121,758,057 (-0.17%) | $1,123,652,998 (-44.20%) | $2,013,718,222 |
Earnings Before Tax (EBT) | $12,652,000 (-14.88%) | $14,864,000 (132.20%) | -$46,160,000 (-1298.36%) | -$3,301,000 (0%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $58,423,000 (-5.92%) | $62,098,000 (3324.20%) | -$1,926,000 (-105.16%) | $37,318,000 (-1.43%) |
Invested Capital | $524,309,000 (-0.48%) | $526,850,000 (5.09%) | $501,321,000 (169.73%) | $185,858,000 (-32.49%) |
Working Capital | $51,728,000 (-10.31%) | $57,675,000 (7.79%) | $53,507,000 (23.46%) | $43,341,000 (11.46%) |
Tangible Asset Value | $235,795,000 (-3.17%) | $243,510,000 (19.10%) | $204,451,000 (146.64%) | $82,893,000 (27.37%) |
Market Capitalization | $371,837,483 (-54.19%) | $811,738,057 (2.59%) | $791,222,998 (-57.48%) | $1,860,951,222 |
Average Equity | $76,275,750 (-18.54%) | $93,639,500 (-5.57%) | $99,162,750 (-59.40%) | $244,222,500 (55.40%) |
Average Assets | $719,950,500 (-3.81%) | $748,430,500 (16.66%) | $641,547,750 (4.36%) | $614,729,500 (3.89%) |
Invested Capital Average | $529,365,250 (-1.51%) | $537,507,250 (41.99%) | $378,549,500 (59.84%) | $236,825,750 (-7.10%) |
Shares | 56,942,953 (-8.81%) | 62,441,389 (-1.75%) | 63,552,048 (-0.11%) | 63,622,264 (-0.27%) |