What was the ending balance for Aerus after recoveries, write-offs, and provision for reversal of credit losses?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
| Beginning balance | $(570,045) | $(506,509) | |
|---|---|---|---|
| Provision for reversal of credit losses | (107,221) | (63,536) | |
| Write-offs | - | - | |
| Recoveries | $(677,266) | - $(570,045) | - |
| Ending balance |
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
The 2025 Aerus Franchise Disclosure Document's Item 23 provides a table outlining receipts, including figures for the beginning balance, provision for reversal of credit losses, write-offs, and recoveries. However, the table does not explicitly state the ending balance after accounting for these factors.
Specifically, the table includes the beginning balance, provision for reversal of credit losses, and recoveries, but the corresponding ending balance is not provided. The absence of this figure means a prospective franchisee cannot directly ascertain the net financial impact of these items based solely on the information presented in this table.
Therefore, a potential Aerus franchisee should directly ask Aerus for the ending balance after recoveries, write-offs, and provision for reversal of credit losses to fully understand the financial dynamics reflected in this section of the financial statements. This inquiry will provide a clearer picture of Aerus's financial performance related to these specific items.