As of what dates are the audited financial statements for Aerus included in Exhibit 1?

According to Aerus's 2025 Franchise Disclosure Document, Exhibit 1 contains audited financial statements as of December 31, 2024, December 31, 2023, and December 31, 2022. This provides a three-year historical view of Aerus's financial performance. Additionally, the exhibit includes unaudited financial statements for the period beginning January 1, 2025, through March 31, 2025. Aerus's fiscal year concludes on December 31st.

For a prospective franchisee, this means they have access to both audited annual financial data and a more recent, though unaudited, snapshot of the company's financial status. The audited statements offer a degree of assurance due to the external audit, while the unaudited statements provide more current information, albeit without the same level of scrutiny.

It is important to note that the unaudited statements have not been reviewed by an independent certified public accountant, as is explicitly stated in the FDD. Therefore, prospective franchisees should exercise caution when relying on these figures and possibly seek professional financial advice to interpret these statements. Reviewing these financial statements is a crucial step in assessing the financial health and stability of Aerus before making a decision to invest in a franchise.