Twin Hospitality Group Inc.
TWNPQOTCConsumer Discretionary · Retail-Eating Places · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY24 | FY23 | |
|---|---|---|
| Revenue | $353.8M | $230.9M |
| Operating income | −$8.3M | $12.9M |
| Net income | −$48.2M | −$13.8M |
| Total assets | $542.4M | $565.6M |
| Total liabilities | $627.1M | $581.1M |
| Equity | −$84.6M | — |
| EPS (diluted) | — | — |
| Shares out. | 5,000 | 5,000 |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- −2.4%
- Net margin
- −13.6%
- Return on equity
- 56.9%
- Return on assets
- −8.9%
- Return on capital (ROCE)
- −1.7%
- Liabilities / assets
- 115.6%
- Debt / equity
- —
- Book value / share
- $-16921.80
- Revenue growth (YoY)
- 53.2%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2024- Altman Z″ (distress)
- -1.07distress
- Accruals / assets
- −6.1%clean
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 4 warning● 3 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Boerema Kim AllenOfficer — President and CEO | Jul 31, 2025 | Buy | 4,200 | $3.70 |
| Fat Brands, Inc10% owner | Jun 4, 2025 | Buy | 7.1M | $4.37 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 705,979 | 3.9 | +2.3% |
| Apr 30, 2026 | 689,812 | 6.1 | +4.1% |
| Apr 15, 2026 | 662,365 | 1.6 | +117.3% |
| Mar 31, 2026 | 304,828 | 2.3 | -0.0% |
| Mar 13, 2026 | 304,873 | 1.0 | -28.4% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer changeApr 29, 2026
- Entered a material agreement · New financial obligation · Director / officer changeMar 30, 2026
- Delisting / listing-standard noticeJan 30, 2026
- Bankruptcy or receivership · Debt acceleration / triggering event · Director / officer change · Regulation FD disclosure · Other material eventJan 27, 2026
- Director / officer change · Shareholder voteDec 31, 2025
- Director / officer change · Regulation FD disclosureDec 29, 2025
- Director / officer changeDec 2, 2025
- Debt acceleration / triggering eventNov 21, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Corporate family
Spun off from FAT BrandsFATAQ · Jan 29, 2025
From the spin-off filings we track. Follow a company to walk its own history.