How many years of audited financial statements are included for Aerus 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 document includes three years of audited financial statements. Specifically, the financial statements included are audited as of December 31, 2024, December 31, 2023, and December 31, 2022.
In addition to the audited financial statements, Aerus also includes unaudited financial statements for the period beginning January 1, 2025, through March 31, 2025. The FDD clarifies that Aerus's fiscal year ends on December 31st.
Prospective franchisees should review these financial statements carefully to understand Aerus's financial performance over the past three years and the more recent unaudited performance. Understanding the trend of revenues, expenses, assets, and liabilities can help a franchisee assess the financial health and stability of the franchisor.