EWCZ: European Wax Center Inc Financial Statements

Balance sheet, income statement, and cash flow statements for European Wax Center Inc (EWCZ).

OverviewDividends

$371.84M Market Cap.

As of 05/14/2025 5:00 PM ET (MRY) • Disclaimer

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%)