What were the stockholder distributions for All Team as of December 31, 2022?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
r Income (Expenses) | 559,855 | 313,671 | | NET INCOME | $ 201,944 | $ 224,177 |
ALL TEAM FRANCHISE CORPORATION STATEMENT OF CHANGES IN STOCKHOLDER'S EQUITY
FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022
| Balance at December 31, 2021 | $ 1,000 | $ 119,000 | $ | 311,577 | $ | 431,577 |
|---|---|---|---|---|---|---|
| Net income | 224,177 | 224,177 | ||||
| Stockholder distributions | (8,392) | (8,392) | ||||
| Balance at December 31, 2022 | 1,000 | 1 |
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 as of December 31, 2022, were $(8,392). This figure represents the amount of money distributed to the stockholders of All Team during the fiscal year ending on that date. This information is derived from the Statement of Changes in Stockholder's Equity.
For a prospective franchisee, understanding stockholder distributions can provide insight into how All Team manages its finances and allocates profits. While stockholder distributions are not directly related to the operations of a franchised unit, they reflect the financial decisions made by the company's management. A consistent history of stockholder distributions could indicate financial stability and profitability, but it is essential to consider this information in conjunction with other financial metrics.
It's important to note that the FDD includes audited financial statements, offering a degree of assurance regarding the accuracy of the reported figures. However, potential franchisees should conduct their own due diligence, including consulting with a financial advisor, to fully understand the financial health and practices of All Team before making an investment decision. Reviewing multiple years of financial statements, including those for 2023 and 2024, can provide a more comprehensive view of the company's financial performance and distribution trends.