What was the net increase in cash for All Team for the year ended December 31, 2024?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| NET INCREASE IN CASH | (386,607) | 121,572 | |
|---|---|---|---|
| CASH, BEGINNING OF YEAR | 1,015,879 | 894,307 | |
| CASH, END OF YEAR | $ 629,272 | $ 1,015,879 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 33)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the net increase in cash for the year ended December 31, 2024, was a decrease of $386,607. This means that All Team's cash position decreased during that year. In contrast, for the year ended December 31, 2023, All Team experienced a net increase in cash of $121,572.
This information is derived from the Statements of Cash Flows, which provides a summary of the cash inflows and outflows for All Team during the specified periods. The decrease in cash for 2024 could be attributed to various factors, such as increased operating expenses, investments in assets, or debt repayments.
A prospective franchisee should carefully review the Statements of Cash Flows and related notes to understand the reasons behind the decrease in cash and assess the financial health and stability of All Team. Understanding these cash flow dynamics is crucial for evaluating the potential risks and rewards of investing in an All Team franchise.