factual

Where can I find Anago's consolidated audited financial statements?

Anago Franchise · 2025 FDD

Answer from 2025 FDD Document

Independent Auditor's Report

Report on the Audit of the Consolidated Financial Statements

Opinion

We have audited the consolidated financial statements of Anago Cleaning Systems, Inc. and Subsidiaries and its subsidiaries, which comprise the consolidated balance sheets as of December 31, 2024, 2023, and 2022, and the related consolidated statements of operations, changes in stockholders' equity, and cash flows for the years then ended, and the related notes to the consolidated financial statements.

In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the financial position of Anago Cleaning Systems, Inc. and Subsidiaries and its subsidiaries as of December 31, 2024, 2023, and 2022, and the results of their operations and their cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.

Basis for Opinion

We conducted our audits in accordance with auditing standards generally accepted in the United States of America (GAAS). Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of Anago Cleaning Systems, Inc. and Subsidiaries, and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audits. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Responsibilities of Management for the Financial Statements

Management is responsible for the preparation and fair presentation of the consolidated financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of consolidated financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the consolidated financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about Anago Cleaning Systems, Inc. and Subsidiaries' ability to continue as a going concern for one year after the date that the consolidated financial statements are issued.

Auditor's Responsibilities for the Audit of the Financial Statements

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 62)

What This Means (2025 FDD)

According to Anago's 2025 Franchise Disclosure Document, the consolidated financial statements of Anago Cleaning Systems, Inc. and Subsidiaries, along with its subsidiaries, have been audited. These statements include consolidated balance sheets as of December 31, 2024, 2023, and 2022, as well as related consolidated statements of operations, changes in stockholders' equity, and cash flows for the years then ended. The audit was conducted in accordance with auditing standards generally accepted in the United States of America (GAAS).

The FDD includes an Independent Auditor's Report expressing an opinion that the financial statements present fairly the financial position of Anago Cleaning Systems, Inc. and Subsidiaries as of December 31, 2024, 2023, and 2022, and the results of their operations and their cash flows for the years then ended, in accordance with accounting principles generally accepted in the United States of America.

These audited financial statements and related notes are part of Item 23 in Anago's 2025 FDD. Reviewing these statements will provide prospective franchisees with an understanding of Anago's financial health and performance over the past three years.

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.