What was the net cash provided by financing activities for Angry Chickz in 2023?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
| \$ (8,336) | \$ (19,329) |
Angry Chickz Franchising, LLC
Statements of Cash Flows
December 31, 2024 and Period from June 9, 2023 (inception) to December 31, 2023
| 2024 | 2023 | |
|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | $ (436,260) | $ (219,329) |
| Net loss | ||
| Adjustments to reconcile net loss to net cash | ||
| from operating activities: | ||
| Amortization | 750 | - |
| Net change in assets and liabilities Receivables and other current assets Contract assets Accounts payable and accrued expenses Contract liability Due to Member | (8,507) (60,000) (24,850) 396,250 ,129 | - - 46,753 - 72,576 |
| Net cash provided by (used in) operating activities | 54,512 | (100,000) |
| CASH FLOWS FROM INVESTMENT ACTIVITIES | (4,421) | - |
| Purchases of property and equipment | ||
| CASH FLOWS FROM FINANCING ACTIVITIES Distribution to Member Contribution from Member | (42,747) - | - 200,000 |
| Net cash (used in) provided b |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 54)
What This Means (2025 FDD)
According to Angry Chickz's 2025 Franchise Disclosure Document, the net cash provided by financing activities in 2023 was $200,000. This figure represents the financial resources Angry Chickz obtained through activities such as contributions from its member.
For a prospective franchisee, understanding the franchisor's sources of financing and cash flow activities can provide insights into the financial stability and operational strategies of Angry Chickz. A positive net cash flow from financing activities, as seen in 2023, may indicate that the company is actively raising capital to fund its growth and expansion initiatives.
However, it's important to note that these figures are historical and may not be indicative of future performance. Franchisees should consider these numbers in conjunction with other financial metrics and business information to assess the overall financial health and prospects of Angry Chickz. Additionally, they should investigate the specific nature of the financing activities to understand the terms and conditions associated with the capital raised.