What was the balance for Amorino as of December 31, 2024?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
| 101,524 (64,283) | | 77,082 (57,915) | | 36,455 (19,865) | | | Interest expense | | | -0- | | (1,608) | | (2,225) | | | NET LOSS | | $ | (64,283) | $ | (59,523) | $ | (22,090) | |
STATEMENTS OF CHANGES IN MEMBER'S DEFICIT
CPUSA LLC
(A Wholly-Owned Subsidiary of Amorino USA Corp.)
| Balance at January 1, 2022 | $ (60,852) |
|---|
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, the balance as of December 31, 2024, was a deficit of $206,748. This figure represents the cumulative net losses and other factors affecting the company's overall financial position up to that date. This balance is a key indicator of the company's financial health and its ability to meet its obligations.
The FDD also shows that Amorino had a net loss of $64,283 for the year ended December 31, 2024. This loss contributed to the overall deficit balance. In the previous year, December 31, 2023, the balance was a deficit of $142,465, with a net loss of $59,523 for that year. These figures indicate a trend of net losses and increasing deficit balances for the company over the past few years.
Prospective franchisees should carefully consider these figures and trends, as they reflect the financial performance of Amorino. It is important to investigate the reasons behind these losses and the company's plans to improve its financial position. This includes understanding the strategies Amorino has in place to increase revenue, control expenses, and manage its liabilities. A potential franchisee should also assess the franchisor's ability to support its franchisees and ensure the long-term viability of the franchise system.