EWCZ (EWCZ)
European Wax Center, Inc.
NASDAQ:EWCZConsumer Defensive · Household & Personal Products
Mkt Cap-
Float17.18M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$206.63M
Net Income$8.68M
Total Assets$725.26M
Free Cash Flow$50.09M
Debt & Equity
Debt 83%
Equity 17%
Total Debt$382.31M
Total Equity$79.27M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in EWCZ's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$725.26M
Liabilities$620.39M
Accounts Receivable$10.96M
Accounts Payable$6.3M
Inventory$17.77M
PP&E (Net)$14.17M
Goodwill$39.11M
Intangible Assets$412.83M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-03 | 2025-01-04 | 2024-01-06 | 2022-12-31 | 2021-12-25 | 2020-12-31 | 2019-12-31 |
| Revenue | $206.63M | $216.92M | $221.02M | $207.35M | $178.68M | $103.41M | $154.2M |
| YoY Growth | -4.7% | -1.9% | 6.6% | 16.0% | 72.8% | -32.9% | - |
| Cost of Revenue | $53.83M | $57.31M | $62.64M | $59.23M | $46.84M | $35.51M | $40.9M |
| Gross Profit | $152.79M | $159.6M | $158.39M | $148.12M | $131.84M | $67.9M | $113.3M |
| Gross Margin | 73.9% | 73.6% | 71.7% | 71.4% | 73.8% | 65.7% | 73.5% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $18.18M |
| Selling, General, and Administrative | $89.26M | $91.64M | $93.35M | $87.61M | $86.61M | $50.49M | $86.1M |
| Other | $20.4M | $20.2M | $20.55M | $20.61M | $20.67M | $20.63M | -$2.65M |
| Total Operating Expenses | $109.67M | $111.84M | $113.91M | $108.22M | $107.28M | $71.12M | $101.63M |
| Operating Income (EBIT) | $43.13M | $47.76M | $44.48M | $39.9M | $24.56M | -$3.22M | $11.67M |
| Operating Margin | 20.9% | 22.0% | 20.1% | 19.2% | 13.7% | -3.1% | 7.6% |
| Interest Expense | $26.31M | $25.49M | $26.69M | $23.63M | $20.29M | $18.28M | $15.55M |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$26.52M | -$30.89M | -$26.27M | -$79.85M | -$20.48M | -$18.28M | -$36.06M |
| Income Before Tax (EBT) | $16.6M | $16.87M | $18.2M | -$39.95M | $4.08M | -$21.5M | -$24.4M |
| Income Tax Expense | $4.74M | $2.19M | $6.16M | -$53.47M | $114K | $0 | $0 |
| Net Income | $8.68M | $10.46M | $8.7M | $7.31M | $6.91M | -$21.5M | -$24.4M |
| Net Income Margin | 4.2% | 4.8% | 3.9% | 3.5% | 3.9% | -20.8% | -15.8% |
| Supplementary Data | |||||||
| EPS | 0.20 | 0.22 | 0.17 | 0.18 | -0.09 | -0.81 | -1.27 |
| Diluted EPS | 0.20 | 0.22 | 0.17 | 0.18 | -0.09 | -0.81 | -1.27 |
| Weighted Average OS | 43.39M | 46.84M | 49.51M | 40.01M | 36.93M | 31.37M | 31.37M |
| EBITDA | $63.31M | $62.64M | $65.03M | $60.51M | $44.7M | $17.41M | $27.2M |
| EBITDA Margin | 30.6% | 28.9% | 29.4% | 29.2% | 25.0% | 16.8% | 17.6% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-03 | 2025-01-04 | 2024-01-06 | 2022-12-31 | 2021-12-25 | 2020-12-31 | 2019-12-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $76.06M | $49.73M | $52.73M | $44.22M | $43.3M | $36.72M | $10.26M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $76.06M | $49.73M | $52.73M | $44.22M | $43.3M | $36.72M | $10.26M |
| Accounts Receivable | $10.96M | $7.28M | $9.25M | $6.93M | $6.66M | $5.07M | $6.79M |
| Inventory | $17.77M | $19.07M | $20.77M | $23.02M | $19.42M | $12.28M | $22.04M |
| Other Current Assets | $7.17M | $7M | $7.66M | $7.27M | $3.19M | $2.49M | $2.9M |
| Total Current Assets | $116.54M | $87.84M | $95.5M | $86.32M | $75.31M | $56.88M | $41.99M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $14.17M | $5.63M | $6.3M | $7.65M | $3.86M | $5.04M | $4.46M |
| Goodwill | $39.11M | $39.11M | $39.11M | $328.55M | $328.55M | $328.55M | $328.55M |
| Intangible Assets | $412.83M | $432.16M | $451.5M | $183.03M | $202M | $213.27M | $198.41M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $141.33M | $140.31M | $138.62M | $106.19M | $0 | $0 | $0 |
| Other Long-Term Assets | $1.28M | $2.02M | $3.09M | $4.3M | $3.72M | $3.16M | $3.08M |
| Total Long-Term Assets | $608.72M | $619.23M | $638.62M | $629.72M | $538.13M | $550.02M | $534.49M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $725.26M | $707.07M | $734.12M | $716.03M | $613.44M | $606.9M | $576.48M |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $6.3M | $5.62M | $6.05M | $5.87M | $7.68M | $615K | $3.84M |
| Short-Term Debt | $4M | $4M | $4M | $4M | $5.63M | $2.43M | $2.29M |
| Current Income Tax Payable | $0 | $1.01M | $1.21M | $1.18M | $1.43M | $1.73M | $1.71M |
| Current Unearned Revenue | $4.06M | $4.15M | $5.26M | $4.08M | $3M | $2.35M | $2.46M |
| Other Current Liabilities | $14.16M | $13.98M | $14.01M | $9.15M | $8.82M | $9.15M | $19.69M |
| Total Current Liabilities | $43.14M | $36.11M | $37.82M | $32.81M | $31.97M | $18.45M | $29.98M |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $374.83M | $373.25M | $372M | $370.94M | $172.61M | $262.98M | $222.99M |
| Long-Term Unearned Revenue | $4.73M | $5.84M | $6.62M | $6.9M | $6.79M | $6.53M | $6.8M |
| Long-Term Deferred Tax Liabilities | $845K | $738K | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $194.59M | $197.23M | $199.52M | $170.85M | $60.84M | $925K | $2.39M |
| Total Long-Term Liabilities | $577.24M | $579.36M | $581.29M | $552.92M | $240.23M | $270.43M | $232.19M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $620.39M | $615.48M | $619.11M | $585.73M | $272.2M | $288.88M | $262.16M |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $114.15M | $104.28M |
| Common Stock | -$86.24M | $0 | $0 | $0 | $0 | $265.79M | $265.79M |
| Retained Earnings | -$91.73M | -$100.42M | -$110.88M | -$118.44M | -$3.49M | -$61.39M | -$55.02M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | -$45K | -$527K | -$735K |
| Other Stockholders' Equity | $257.25M | $164.46M | $192.9M | $197.44M | $182.87M | $113.62M | $103.55M |
| Total Equity | $79.27M | $64.05M | $82.02M | $79M | $179.39M | $318.02M | $314.32M |
| Minority Interest | $25.6M | $27.55M | $32.98M | $51.3M | $161.85M | $0 | $0 |
| Total Liabilities and Equity | $699.66M | $679.52M | $701.14M | $664.73M | $451.58M | $606.9M | $576.48M |
| Supplementary Data | |||||||
| Total Debt | $382.31M | $380.82M | $380.39M | $380.47M | $178.23M | $265.4M | $225.28M |
| Net Debt | $306.25M | $331.09M | $327.65M | $336.25M | $134.93M | $228.68M | $215.01M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-03 | 2025-01-04 | 2024-01-06 | 2022-12-31 | 2021-12-25 | 2020-12-31 | 2019-12-31 |
| Operating Activities | |||||||
| Net Income | $11.87M | $14.68M | $12.04M | $13.51M | $3.97M | -$21.5M | -$24.4M |
| Depreciation & Amortization | $20.4M | $20.28M | $20.55M | $20.61M | $20.33M | $19.58M | $15.53M |
| Deferred Income Tax | $4.34M | $7.73M | $5.04M | $2.24M | $195K | $0 | $18.54M |
| Stock-Based Compensation | $6.53M | $5.15M | $10.99M | $9.03M | $11.13M | $2.05M | $1.57M |
| Changes in Working Capital: | |||||||
| Accounts Receivable | -$3.69M | $1.33M | -$2.7M | -$802K | -$2.19M | $1.72M | $1.1M |
| Inventory | $1.36M | $1.42M | $2.31M | -$3.53M | -$9.46M | $5.1M | -$5.36M |
| Accounts Payable | $7.57M | $0 | $0 | $0 | $0 | $0 | $2.8M |
| Other Working Capital | -$1.48M | -$423K | $1.88M | -$2.34M | $8.74M | -$14.55M | $1.25M |
| Total Working Capital Change | $3.76M | $2.32M | $1.49M | -$6.67M | -$2.91M | -$7.73M | -$212K |
| Other Non-Cash Items | $6.1M | $6.34M | $5.49M | $5.63M | $8.63M | $8.98M | $3.67M |
| Net Cash from Operating | $53M | $56.51M | $55.6M | $44.35M | $41.35M | $1.4M | $14.7M |
| Investing Activities | |||||||
| Capital Expenditures | -$2.91M | -$521K | -$785K | -$245K | -$559K | -$2.16M | -$42.53M |
| Acquisitions | $0 | $135K | $0 | $0 | $0 | $0 | $1.84M |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | -$7.64M | -$34.69M | $0 |
| Net Cash from Investing | -$2.91M | -$386K | -$785K | -$245K | -$8.2M | -$36.84M | -$40.69M |
| Financing Activities | |||||||
| Debt Repaid | $4M | $4M | $4M | -$202.33M | $61.18M | -$12.6M | -$37.95M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $212.94M | $0 | $0 |
| Common Stock Repurchases | -$6.09M | -$40.15M | -$29.92M | -$10.08M | -$139.31M | $0 | $0 |
| Dividends Paid | -$10K | -$789K | -$2.85M | -$205.25M | -$5.27M | $0 | -$5.19M |
| Other Financing Activities | -$13.7M | -$14.22M | -$9.61M | -$23.62M | -$9.01M | $22.3M | -$1.45M |
| Net Cash from Financing | -$23.8M | -$59.15M | -$46.38M | -$36.62M | -$26.56M | $61.9M | $27.81M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $26.29M | -$3.03M | $8.43M | $7.49M | $6.58M | $26.46M | $1.81M |
| Supplementary Data | |||||||
| Operating Cash Flow | $53M | $56.51M | $55.6M | $44.35M | $41.35M | $1.4M | $14.7M |
| Capital Expenditure | -$2.91M | -$521K | -$785K | -$245K | -$8.2M | -$36.84M | -$42.53M |
| Free Cash Flow | $50.09M | $55.98M | $54.82M | $44.11M | $33.14M | -$35.45M | -$27.83M |
| Cash at Beginning | $56.19M | $59.23M | $50.79M | $43.3M | $36.72M | $10.26M | $8.45M |
| Cash at End | $82.48M | $56.19M | $59.23M | $50.79M | $43.3M | $36.72M | $10.26M |