Are the Aerus financial statements included in the disclosure document audited or unaudited for the period beginning January 1, 2025, through March 31, 2025?

According to Aerus's 2025 Franchise Disclosure Document, the financial statements for the period beginning January 1, 2025, through March 31, 2025, are unaudited. The FDD includes audited financial statements for the years ending December 31, 2024, December 31, 2023, and December 31, 2022. Because the financial statements for January 1, 2025, through March 31, 2025, are unaudited, prospective franchisees should be aware that these financials have not been independently verified by a certified public accountant.

The inclusion of unaudited financial statements means that an independent certified public accountant has not reviewed the figures or expressed an opinion on their accuracy or form. This contrasts with audited financial statements, which have undergone a thorough examination by an independent auditor, providing a higher level of assurance regarding their reliability.

Prospective franchisees should exercise caution when reviewing unaudited financial statements and consider the potential risks associated with relying on figures that have not been independently verified. It would be prudent to discuss these statements with a financial advisor or accountant to fully understand their implications. While unaudited statements can still provide useful information, they should be viewed with a degree of skepticism and considered alongside other factors when evaluating the Aerus franchise opportunity.