What was the amount of revenue recognized during the year 2023 for All Dogs Unleashed?
All_Dogs_Unleashed Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | |
|---|---|---|
| Deferred revenue – beginning of year |
Source: Item 23 — RECEIPTS (FDD pages 49–158)
What This Means (2025 FDD)
According to All Dogs Unleashed's 2025 Franchise Disclosure Document, the revenue recognized during the year ended December 31, 2023, was ($21,426). This figure represents a component of deferred revenue.
Deferred revenue refers to payments a company has received for goods or services that have not yet been delivered or performed. In All Dogs Unleashed's case, this likely relates to franchise fees or other payments received upfront but recognized as revenue over time as the company fulfills its obligations to franchisees.
The table also shows that at the beginning of 2023, All Dogs Unleashed had deferred revenue of $66,413. During the year, they recognized ($21,426) as revenue, and they had new deferrals of $49,500. This resulted in deferred revenue at the end of the year of $94,487. Monitoring deferred revenue and how it is recognized can provide insights into the financial health and future revenue streams of All Dogs Unleashed.