What were the total revenues for Amorino for the year ended December 31, 2023?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
ENUE, net of current portion | 233,283 | | 97,903 | 104,384 | | MEMBER'S DEFICIT | (206,748) | | (142,465) | (82,942) | | TOTAL LIABILITIES AND MEMBER'S DEFICIT | $ 151,379 | $ | 50,932 | $ 119,940 |
STATEMENTS OF OPERATIONS
CPUSA LLC
(A Wholly-Owned Subsidiary of Amorino USA Corp.)
| Year Ended December 31 | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2024 |
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, the company's revenues for the year ended December 31, 2023, were $19,167. This figure reflects the total income generated by Amorino through its franchising operations during that period. A prospective franchisee should consider this revenue figure in the context of the company's overall financial performance, including expenses and profitability.
It's important to note that Amorino's revenues are significantly concentrated among a small number of franchisees. This means that the financial performance of a few individual franchise locations can have a substantial impact on the company's overall revenue. This concentration risk is something a potential franchisee should be aware of, as it could indicate a reliance on a limited number of successful stores.
Furthermore, the FDD reveals that Amorino has experienced net losses in recent years. While the revenue figure provides a snapshot of income, it does not reflect the company's overall profitability. A potential franchisee should carefully review Amorino's financial statements and consider the factors contributing to these losses, such as general and administrative expenses, to assess the financial viability of the franchise opportunity.
In addition to revenue, prospective franchisees should also inquire about the sources of revenue, such as initial franchise fees, royalties, and other fees paid by franchisees. Understanding the revenue mix can provide insights into the company's business model and its reliance on different revenue streams. It is also important to understand how Gross Revenue is calculated for the purposes of determining royalty fees.