What were the cash and cash equivalents at the end of the year for Amorino in 2024?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
ernance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control–related matters that we identified during the audit.
Atlanta, Georgia
BALANCE SHEETS
CPUSA LLC
(A Wholly-Owned Subsidiary of Amorino USA Corp.)
| 2024 | December 31, 2023 | 2022 |
|---|
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, the company's cash and cash equivalents at the end of 2024 totaled $136,842. This indicates the amount of liquid assets Amorino had readily available at that time. For a prospective franchisee, this figure provides a snapshot of the franchisor's financial health and liquidity. It can be compared to previous years to identify trends in cash management.
In addition to the cash and cash equivalents figure, the FDD provides a more detailed balance sheet. This includes other assets like accounts receivable ($7,397) and accounts receivable from related parties ($7,140). It also lists liabilities such as accounts payable ($4,280), accounts payable to related parties ($75,887), accrued expenses ($10,211), and deferred revenue ($34,466). Analyzing these figures in conjunction with the cash position gives a more complete picture of Amorino's financial standing.
It is important for potential franchisees to review the entire financial statement and consider these figures in the context of Amorino's overall financial performance. While a healthy cash balance is a positive sign, it should be evaluated alongside other financial metrics to assess the long-term viability and stability of the franchise system. Prospective franchisees should also inquire about Amorino's cash management strategies and how they plan to maintain a strong financial position.