What was the total stockholder's equity for All County at the end of 2024?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
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| Total National Advertising Fund | 24,885 | 81,159 | 85,801 |
|---|---|---|---|
| NET INCOME | 448,390 | 271,100 | 216,956 |
See accompanying Auditor's Report and Notes to the Financial Statements
Statements of Stockholders' Equity (Deficit) For Years Ended December 31, 2024, 2023, & 2022
| Year 2024 | Year 2023 | Year 2022 | |
|---|---|---|---|
| COMMON STOCK | |||
| Balance, Beginning & End of Year | $ 200 | $ 200 | $ 200 |
| ADDITIONAL PAID IN CAPITAL | |||
| End of Year | 142,008 | 142,008 | 142,008 |
| RETAINED EARNINGS (DEFICIT) | |||
| Retained Earnings Balance, Beginning of Year | (110,516) | 188,109 | 14,567 |
| Stockholder Contributio |
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, the total stockholder's equity at the end of 2024 was $337,459. This figure represents the sum of common stock, additional paid-in capital, and retained earnings. Understanding the components of stockholder's equity can provide a prospective franchisee with insight into the financial structure and overall financial health of All County.
Specifically, the common stock balance remained constant at $200 from 2022 through 2024. Additional paid-in capital also remained consistent at $142,008 during this period. The retained earnings balance, which is a key indicator of profitability and financial management, was $195,251 at the end of 2024. This figure is calculated from the beginning retained earnings balance of ($110,516), stockholder contributions and distributions of ($162,622), and a net income of $448,390.
For a prospective franchisee, this information is useful for assessing the financial stability and growth trajectory of All County. A positive and increasing stockholder's equity generally indicates a healthy and expanding business. However, it is important to consider these figures in conjunction with other financial metrics and industry benchmarks to gain a comprehensive understanding of the company's financial performance. Reviewing the trends in retained earnings and net income over the three-year period can offer insights into the company's profitability and its ability to generate returns for its stockholders.
It is also important to note that while the stockholder's equity provides a snapshot of the company's net worth, it does not reflect the company's cash flow or its ability to meet its short-term obligations. Therefore, prospective franchisees should also review the company's balance sheets, income statements, and statements of cash flows to gain a complete picture of its financial condition.