What was the total amount of deferred revenue for Amorino as of December 31, 2022?
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 | ||
|---|---|---|---|---|
| ASSETS | ||||
| CURRENT ASSETS Cash and cash equivalents Accounts receivable Accounts receivable from related partyNote B Prepaid expenses TOTAL CURRENT ASSETS TOTAL ASSETS | $ 136,842 7,397 7,140 -0- 151,379 $ 151,379 | $ $ | 41,417 208 7,140 2,167 50,932 50,932 | 84,565$ -0- 35,375 -0- 119,940 $ 119,940 |
| LIABILITIES AND MEMBER'S DEFICIT | ||||
| CURRENT LIABILITIES Accounts payable Accounts payable to related partyNote B Accrued expenses Deferred revenue TOTAL CURRENT LIABILITIES | $ 4,280 75,887 10,211 34,466 124,844 | $ | 2,690 72,905 -0 |
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, the total deferred revenue as of December 31, 2022, was $17,376. Deferred revenue represents payments Amorino has received for services or products that will be delivered in the future, specifically franchise fees that will be recognized as revenue over the life of the franchise agreements. This is considered a liability on Amorino's balance sheet because the revenue has not yet been earned.
For a prospective Amorino franchisee, understanding deferred revenue is important because it reflects the financial obligations Amorino has to its franchisees. A higher deferred revenue balance could indicate that Amorino has a strong pipeline of future obligations to fulfill, such as providing ongoing support and services to existing franchisees.
It is also important to note that the deferred revenue, net of current portion, was $104,384 as of December 31, 2022. This indicates the long-term portion of the deferred revenue that will be recognized beyond the next year. Reviewing both the current and non-current portions of deferred revenue provides a more complete picture of Amorino's financial obligations related to franchise agreements.