factual

What was the net increase (decrease) in cash for Annex Brands in 2024?

Annex_Brands Franchise · 2025 FDD

Answer from 2025 FDD Document

Net increase (decrease) in cash 227,000 (562,000) 1,164,000

Source: Item 21 — Financial Statements (FDD page 109)

What This Means (2025 FDD)

According to Annex Brands' 2025 Franchise Disclosure Document, the net increase in cash for the company in 2024 was $227,000. This figure represents the overall change in Annex Brands' cash position during the fiscal year. It is calculated by considering all cash inflows (cash coming into the company) and cash outflows (cash leaving the company) from operating, investing, and financing activities.

For a prospective Annex Brands franchisee, this information provides insight into the company's financial health and its ability to manage its cash flow. A positive net increase in cash suggests that Annex Brands is generating more cash than it is using, which can be a sign of financial stability. This can be reassuring for franchisees who are considering investing in the brand, as it indicates that the company is likely to have the resources to support its franchisees and invest in the growth of the system.

It's important to note that this is just one data point and should be considered in conjunction with other financial information, such as revenue, expenses, and debt levels, to get a complete picture of Annex Brands' financial performance. Additionally, prospective franchisees may want to compare Annex Brands' cash flow performance to that of other franchise systems in the same industry to assess its relative financial strength.

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.