What were the stockholder distributions for All Team in 2024?
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, 2024, amounted to $2,261. This figure represents the cash outflow from All Team to its stockholders during that fiscal year. This is an important figure for prospective franchisees to consider as it provides insight into how All Team manages its finances and distributes profits.
Stockholder distributions are typically a portion of the company's profits that are paid out to the owners or shareholders. In All Team's case, the relatively small distribution amount of $2,261 for 2024 could suggest that the company is reinvesting most of its earnings back into the business for growth and operational improvements. Alternatively, it could reflect a year with lower profits, as also indicated by the net loss of $43,528 for the same period.
It's worth noting that in the previous year, 2023, All Team's stockholder distributions were significantly higher at $16,373. The decrease in distributions from 2023 to 2024, coupled with the net loss in 2024, may warrant further investigation by potential franchisees. Understanding the reasons behind these financial fluctuations can provide a clearer picture of the company's financial health and stability. Prospective franchisees should inquire about the factors contributing to the reduced distributions and the company's plans for future profitability and distributions.