Does the Aerus Disclosure Document include unaudited financial statements?

According to the 2025 Aerus Franchise Disclosure Document, the document includes both audited and unaudited financial statements. Specifically, Exhibit 1 contains copies of audited financial statements as of December 31, 2024, December 31, 2023, and December 31, 2022. In addition to these, the document also includes unaudited financial statements for the period beginning January 1, 2025, through March 31, 2025. Aerus's fiscal year ends on December 31st.

The inclusion of both audited and unaudited financial statements provides a more comprehensive view of Aerus's financial performance. The audited statements offer a look at the company's financial standing over the past three years, verified by an independent auditor. The unaudited statements offer a more recent, though unverified, snapshot of the company's financial status in the current year.

Prospective franchisees should carefully review both sets of financial statements to assess the financial health and stability of Aerus. While audited statements provide a higher level of assurance, the unaudited statements can offer insights into recent trends. It is important to note the disclaimer included with the unaudited financial statements, advising that they have not been subject to independent audit and that no opinion has been expressed regarding their content or form. Therefore, these figures should be viewed with appropriate caution.

It would be prudent for potential Aerus franchisees to discuss these financial statements with a financial advisor to fully understand their implications. Understanding the difference between audited and unaudited statements is crucial for making an informed investment decision.