What was the net income for Aerus as of December 31, 2022?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
ersal of credit losses | (107,221) | (63,536) | | | Write-offs | | - | - | | Recoveries | $(677,266) | - $(570,045) | - | | Ending balance | | | |## Statements of Members' Equity Years Ended December 31, 2024, 2023, and 2022
| BALANCE, December 31, 2021 | $ 2,686,230 | |-------------------------
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, the net income as of December 31, 2022, was $935,813. This figure represents the profit Aerus Franchising, LLC retained after deducting all expenses from its revenues during that year.
For a prospective franchisee, this indicates the financial performance of the franchisor. A positive net income generally suggests that the company is operating profitably, which can be a positive sign. However, it's essential to consider this figure in the context of Aerus's overall financial health, including its revenues, expenses, assets, and liabilities, as detailed in the financial statements.
It is also important to note the trend in net income. The FDD shows that Aerus's net income decreased from $935,813 in 2022 to $67,535 in 2023, and then increased to $106,644 in 2024. This fluctuation could be due to various factors, such as changes in revenue, expenses, or economic conditions. A potential franchisee should investigate the reasons behind these changes to better understand the financial stability and future prospects of the franchise.