table_specific

What was the total cash provided by operating activities for All Team in 2023?

All_Team Franchise · 2025 FDD

Answer from 2025 FDD Document

$ | 667,144 | $ | 787,144 |

ALL TEAM FRANCHISE CORPORATION STATEMENTS OF CASH FLOWS

FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023

2024 2023
CASH FLOWS FROM OPERATING ACTIVITIES
Net income $ (43,528) $ 201,944
Adjustments to reconcile net income to net cash
provided by operating activities:
Allowance for credit losses 6,000 5,501
Changes in account balances:
Accounts receivable - trade 479,748 1,387,458
Prepaid expenses (61,295) (16,270)
Advances (434,801) (605,008)
Due from IRS 49,780 (49,780)
Accounts payable-trade (882) 3,528
Accrued expenses (107,077) (45,671)
Other funding liabilities 213,416 (326,541)
Total Adjustments 144,889 353,217
Total Cash Provided by Operating Activities 101,361 555,161
CASH FLOWS FROM INVESTING ACTIVITIES
Payments on note receivable - franchises - -
Total Cash Provided by Investing Activities - -
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from credit line payable 9,972,228 15,371,492
Principal payments on credit line payable (10,433,329) (15,758,708)
Principal payment on related party note (24,606) (30,000)
Stockholder distributions (2,261) (16,373)
Total Cash Used in Financing Activities (487,968) (433,589)
NET IN

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 33)

What This Means (2025 FDD)

According to All Team's 2025 Franchise Disclosure Document, the total cash provided by operating activities in 2023 was $555,161. This figure reflects the net cash flow generated from All Team's core business operations during that year. It's an important indicator of the company's ability to generate cash from its ongoing activities, which can then be used to fund investments, pay debts, and cover operating expenses.

Specifically, this number is derived by starting with All Team's net income of $201,944 and then adjusting it for non-cash items and changes in working capital accounts. These adjustments include items such as allowance for credit losses ($5,501), changes in accounts receivable ($1,387,458), prepaid expenses ($-16,270), advances ($-605,008), due from IRS ($-49,780), accounts payable ($3,528), accrued expenses ($-45,671), and other funding liabilities ($-326,541). The total of these adjustments was $353,217, which when added to the net income, results in the total cash provided by operating activities.

For a prospective All Team franchisee, this figure is relevant because it provides insight into the financial health and stability of the franchisor. A positive cash flow from operating activities suggests that All Team is effectively managing its business and generating sufficient cash to sustain its operations. However, it's essential to consider this figure in conjunction with other financial metrics and industry benchmarks to gain a comprehensive understanding of All Team's financial performance. Franchisees should also compare this figure to previous years to identify any trends or potential issues.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.