Twin Hospitality Q4 revenue $86.5M (-8.2% YoY); net loss $12.0M; adjusted EBITDA $4.1M

Twin Hospitality Group Inc.

Q4 total revenue $86.5M, down 8.2% vs prior year's 14-week period; Twin Peaks same-store sales -0.6%.
Net loss $12.0M vs $8.8M; loss from operations $7.1M vs $0.9M; adjusted EBITDA $4.1M vs $6.6M.
Full-year revenue $353.8M (+53.2%); net loss $48.2M vs $13.8M; adjusted EBITDA $20.7M.
Opened 9 Twin Peaks lodges in 2024; development pipeline over 100; targeting 9-11 openings in 2025.
Refinanced credit facility to 30-year securitization; Q4 includes $2.4M loss on debt extinguishment.

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