As of what dates are the audited financial statements for Aerus included in the Disclosure Document?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
Included in this Disclosure Document as Exhibit 1 is a copy of our audited financial statements as of December 31, 2024, December 31, 2023, and December 31, 2022. In addition, we have included unaudited financial statements for the period beginning January 1, 2025, through March 31, 2025. Our fiscal year ends December 31st .
Source: Item 21 — Financial Statements (FDD pages 73–74)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, the audited financial statements included are as of December 31, 2024, December 31, 2023, and December 31, 2022. These statements provide a prospective franchisee with a look at the financial performance of Aerus over the past three years.
In addition to the audited financial statements, Aerus also includes unaudited financial statements for the period beginning January 1, 2025, through March 31, 2025. Because these statements are unaudited, potential franchisees should be aware that these figures have not been independently verified and may not be as reliable as the audited statements.
The inclusion of both audited and unaudited financial statements is a common practice in franchise disclosure documents, allowing potential franchisees to review the recent financial performance of the franchisor. Reviewing these financial statements is an important step in the due diligence process for any prospective Aerus franchisee.