What was the reported net income for Afuri Ramen Dumpling?

I am unable to provide the net income for Afuri Ramen Dumpling, according to the 2024 Franchise Disclosure Document. While the document includes financial statements and related notes, it does not explicitly state the net income figures for the years 2020, 2021, 2022, or 2023. The financial statements are mentioned in the notes, but the specific figures are not transcribed in the provided excerpts.

For a prospective franchisee, knowing the net income of the franchisor is crucial for assessing the financial health and stability of the company. This information helps in understanding the franchisor's profitability and its ability to support its franchisees. Without this information, it is difficult to evaluate the overall financial performance of Afuri Ramen Dumpling.

I recommend that potential franchisees carefully review the full financial statements in Item 21 of the FDD and consult with a financial advisor to gain a comprehensive understanding of Afuri Ramen Dumpling's financial position. Specifically, ask the franchisor to clarify their net income for the past three fiscal years and to provide context for any trends or fluctuations observed.