TWFG announces unchecked preliminary fourth quarter and the full year 2024 financial results

The Woodlands, Texas, February 28, 2025 (Globe Newswire) -TwfG, Inc. (“Twfg”, the “Company” or “WE”) (NASDAQ: TWFG), a high-quality insurance company that has announced the preliminary, unauthorized highlights for the fourth fourth quarter. The change.

Preliminary highlighted results:

• Expected that sales of the total quarter in the fourth quarter are between $ 49 and 51 million, an increase of 23.8% and 28.9% compared to the fourth quarter of 2023
• The turnover of the 2024 year in 2024 is between 201 and USD 203 million, an increase of 16.5% and 18.2% compared to 2023
• Expected that the premium of the total quarter is 361 million US dollars in the fourth quarter, which is an increase of 20% compared to the fourth quarter of 2023
• The entire written premium of the total year of around $ 1.5 billion, an increase of 18% compared to the total year 2023
• The growth rate of organic sales in the fourth quarter anti -anti -anti -20.8% and a total of 2024 organic sales growth rate between 14% and 15%

^{* The organic sales growth rate is a non-GAAP measure. A reconciliation of organic sales growth rate with the total sales growth rate, which most directly comparable financial measure, is described in the reconciliation table attached to this release.}

Conference of telephone and publication date of the full profit

In mid -March, TWFG expects its results in the fourth quarter of 2024, followed by a conference call and a webcast to discuss these results. Details for the call are given in the upcoming earnings.

About TWFG

TWFG (NASDAQ: TWFG) is a leading independent sales platform for personal and commercial insurance in the USA that represents hundreds of insurance agents. The company is investing innovative insurance solutions through its network of representatives, freight forwarders and technology -operated sales models. You can find more information under Viewing www.twfg.com.

Non-GAAP financial dimensions and important performance indicators

Non-GAAP financial measures

The organic sales growth included in this publication is not a measure of the financial service (“GAAP”) in accordance with generally recognized accounting principles in the United States and should not be regarded as a replacement for GAAP measures, including income that we consider as the direct comparable GAAP measurement. No analysis measurements are provided for the evaluation of non-GAAP financial measurements. If you do not assess the operation or not the surgical service, you should not go into the operation. If you do not look at GAAP measurement or not for the operations, you should not rate our surgical service. Income, net results or other consolidated financial authorization data created in accordance with GAAP.

Organic sales growth. Organic sales growth is the change in organic intake periods. The results of the earlier periods are adapted to the early income, since the relevant companies acquired companies had not reached the twelve monthly milestone in the current milestone, but have reached the twelve -month milestone in the present period. We believe that organic sales growth is an appropriate level of operating performance, since it eliminates the effects of acquisitions, which influences the comparability of the results of period at the moment.

A reconciliation of our expected organic sales and organic sales growth rate for total sales and total sales growth rate, the most direct comparable GAAP measures, is as follows (in thousands):

Key performance indicator

Overall written bonus. The entire written premium represents the total amount of the current premium (net of cancellation) for insurance providers for each reported period. We believe that the total written bonus is a useful metric because it is most of our income.

Predicted statements

This press release contains forward-looking statements within the Meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify statements by forward-looking Words Search as “May,” “” Will, “” Should, “” Plans, “” “Anticipates,” “Believes,” “Estimates,” “Predicts,” “Potential” or “Continue,” the negative of these terms and other Comparable Terminology. These statements reflect the expectations of management based on currently available information and contain considerable risks, uncertainties and assumptions that can lead to the fact that the actual results are significantly different. Factors that can cause such differences are not limited to financing the finance results, the economic conditions and other risks of the company described in the company's SEC registrations. TWFG assumes no obligation to update future -oriented statements, except as required by law.

Investor contact:

Gene padget, cao

TWFG, Inc.

[email protected]

Media contact:

Alex Bunch

TWFG, Inc.

[email protected]