What was the net loss from operating activities for Angry Chickz in 2024?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
100,000 |
Angry Chickz Franchising, LLC
Statements of Operations and Member's Deficit December 31, 2024 and Period from June 9, 2023 (inception) to December 31, 2023
| 2024 | 2023 | |
|---|---|---|
| REVENUE Royalties Brand fund Franchise fee | $ 154,415 51,466 3,750 | $ - - - |
| Total revenue | 209,631 | - |
| COSTS AND EXPENSES Salaries and wages Legal and professional fees Other operating expenses | 229,527 56,310 360,054 | 42,528 176,801 - |
| NET LOSS | (436,260) | (219,329) |
| MEMBER'S DEFICIT, beginnin |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 54)
What This Means (2025 FDD)
According to Angry Chickz's 2025 Franchise Disclosure Document, the net loss for the company in 2024 was $436,260. This figure reflects the overall financial performance of Angry Chickz during that year, taking into account all revenues, costs, and expenses. This loss is a significant indicator for potential franchisees, as it provides insight into the company's financial stability and operational efficiency during the period.
It is important to note that this net loss is before adjustments for non-cash items and changes in working capital, which are factored in to arrive at the net cash provided by or used in operating activities. The statement of cash flows shows a net cash flow from operating activities of $54,512 for 2024, after these adjustments. This means that despite the net loss, Angry Chickz generated positive cash flow from its core business operations during the year.
A prospective franchisee should carefully consider these figures in conjunction with other financial data and information provided in the FDD. Understanding the reasons behind the net loss and the factors contributing to the positive cash flow from operations is crucial for assessing the financial viability and potential risks associated with investing in an Angry Chickz franchise. Consulting with a financial advisor is recommended to fully interpret the implications of these financial results.