For what periods are the income statements provided for Aira Fitness?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the financial statements of AIRA FITNESS FRANCHISING LLC (the "Company"), which comprise the Balance Sheet as of December 31, 2024 & December 31, 2023 & December 31, 2022, the related Profit & Loss Statements, the related Statements of Cashflows, the related Statements of Shareholders' Equity, and the related notes for the twelve-month periods then ended. (collectively referred to as the "financial statements").
In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Company at December 31, 2024 & December 31, 2023 & December 31, 2022, and the results of its operations and its cash flows for the twelve-month periods then ended in accordance with accounting principles generally accepted in the United States of America.
Source: Item 21 — **FINANCIAL STATEMENTS (FDD pages 58–59)
What This Means (2025 FDD)
According to Aira Fitness's 2025 Franchise Disclosure Document, the financial statements include Profit & Loss Statements for the twelve-month periods ending December 31, 2024, December 31, 2023, and December 31, 2022. This means that prospective franchisees can review Aira Fitness's financial performance over the past three years.
Specifically, the independent accountant's audit report confirms that the audit encompassed the balance sheets as of December 31 for each of those three years, along with related statements including profit and loss, cash flows, and shareholders' equity. This comprehensive financial overview helps potential franchisees evaluate the brand's financial health and stability.
The accountant's opinion states that the financial statements present fairly the financial position, results of operations, and cash flows of Aira Fitness for these periods, in accordance with generally accepted accounting principles in the United States of America. This independent audit provides a level of assurance regarding the accuracy and reliability of the financial information presented.