What were the stockholder distributions for All Team in 2023?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
ALL TEAM FRANCHISE CORPORATION STATEMENT OF CHANGES IN STOCKHOLDER'S EQUITY
FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023
| Balance at December 31, 2022 | $ 1,000 | $ 119,000 | $ | 527,362 | $ | 647,362 |
|---|---|---|---|---|---|---|
| Net income | 201,944 | 201,944 | ||||
| Stockholder distributions | (16,373) | (16,373) | ||||
| Balance at December 31, 2023 | 1,000 | 119,000 | 712,933 | 832,933 | ||
| Net income (loss) | (43,528) | (43,528) | ||||
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 33)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the stockholder distributions for the year ending December 31, 2023, were $(16,373). This means that All Team distributed $16,373 to its stockholders during that year. This figure is important for prospective franchisees as it provides insight into how All Team manages its finances and allocates profits. Stockholder distributions can impact the financial stability and growth potential of the company. A consistent pattern of distributions may indicate profitability, but excessively large distributions could potentially strain the company's resources.
It's also useful to compare this figure with the previous year. The statement of cash flows shows that the stockholder distributions for 2022 were $(8,392). The increase in distributions from $8,392 in 2022 to $16,373 in 2023 could reflect improved financial performance or a change in the company's distribution policy.
Reviewing these figures in the context of All Team's overall financial health, including net income and cash flow, can provide a more comprehensive understanding of the company's financial management practices. A prospective franchisee should consider these distributions as part of their due diligence to assess the long-term viability and financial stability of All Team.