What was the amount of total member's equity for 1-800-GOT-JUNK? as of May 31, 2025?

According to 1-800-GOT-JUNK?'s 2025 Franchise Disclosure Document, the consolidated statements of changes in member's equity show the total member's equity as of May 31, 2025, was $4,036,837. This figure represents the sum of member's equity and retained earnings at that date.

Specifically, the statement details the progression of equity from December 31, 2023, through December 31, 2024, and finally to May 31, 2025. The equity balance started at $3,930,185 on December 31, 2023, then decreased by $182,347 due to a net loss, resulting in a balance of $3,747,838 by December 31, 2024. For the period ending May 31, 2025, a net income of $288,999 increased the equity to the final reported value of $4,036,837.

For a prospective franchisee, this number provides a snapshot of the financial health and equity position of 1-800-GOT-JUNK?. A growing equity balance typically indicates a financially stable and profitable company, which can be a positive sign for potential investors. However, it's essential to review these figures in conjunction with other financial statements and information within the FDD to gain a comprehensive understanding of the company's financial performance and stability. Reviewing the notes to the consolidated financial statements will provide additional context.