What was the ending equity balance for Aira Fitness on December 31, 2023?

According to Aira Fitness's 2025 Franchise Disclosure Document, the statement of shareholders' equity includes data for the years ending December 31, 2023, and December 31, 2022. However, the excerpt provided does not contain the specific figures detailing the ending equity balance for Aira Fitness as of December 31, 2023. The document includes an independent accountant's audit report and statements of cash flow, but these do not provide the final equity balance. The excerpt does include the beginning equity balance, net income, equity contributions, and yearly changes for 2022.

To ascertain the ending equity balance for December 31, 2023, a prospective Aira Fitness franchisee should review the full financial statements within Item 23 of the FDD. This section typically provides a comprehensive view of the company's financial position, including equity balances, which are crucial for assessing the financial health and stability of the franchisor.

Specifically, the franchisee should request and examine the Statement of Shareholders' Equity for the relevant period. This statement will detail the changes in equity accounts, including net income, distributions, and any other factors affecting the equity balance. Understanding these figures is essential for making an informed investment decision and evaluating the financial performance of Aira Fitness.