For how many past fiscal years are Anago's financial statements provided?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 62)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, the company includes consolidated financial statements for the past three fiscal years. The Independent Auditor's Report confirms that the financial statements cover the years ending December 31, 2024, 2023, and 2022. This allows prospective franchisees to review Anago's financial performance over that period.
The inclusion of three years of financial statements is a common practice in franchising, as it provides a more comprehensive view of the company's financial health and trends than a single year would. Reviewing these statements can help potential franchisees assess the stability and profitability of Anago.
Specifically, the consolidated balance sheets, statements of operations, changes in stockholders' equity, and cash flows are provided for each of the three years. These statements offer insights into Anago's assets, liabilities, revenues, expenses, and overall financial performance. The statements were audited by Miller CPA, PLLC, with their report dated March 17, 2025.