TWFG Inc., a high-growth insurance distribution company, announced its financial results for the first quarter ending March 31, 2025. The company reported a 16.6% increase in total revenues, reaching $53.8 million compared to $46.1 million in the same period last year. Commission income also rose by 14.7%, amounting to $48.8 million from $42.5 million in the prior year period. Net income for the quarter was $6.9 million, up from $6.6 million in the previous year, resulting in a net income margin of 12.7%. The total written premium increased by 15.5% to $371.0 million from $321.3 million in the prior year. TWFG's organic revenue growth rate for the quarter was 14.3%. Adjusted EBITDA showed a significant rise of 35.3%, totaling $12.2 million, with an adjusted EBITDA margin of 22.6%, compared to 19.5% in the previous year. Adjusted net income increased by 14.3% to $9.2 million, achieving an adjusted net income margin of 17.1%. The company also reported a diluted earnings per share of $0.09 and an adjusted diluted earnings per share of $0.16 for the quarter.
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