What was the amount of additional paid-in capital for Antioch Pizza Shop in 2022?
Antioch_Pizza_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
48 | 344,518 | | 131,403 | | Net income | $ | 218,330 | $ 35,383 | $ | 259,523 |
STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
For the years ended December 31, 2024, 2023, and 2022
| Common Stock | Additional Paid-in | Retained | ||||||
|---|---|---|---|---|---|---|---|---|
| Shares | Amount | Capital | Earnings | Total | ||||
| Balances at January 1, 2021 | 1,000 | $ | 10 | $ | 6,810 | $ | 263,858 | $ 270,678 |
| Stockholder dividends | - | - | - | (430,179) | (430,179) | |||
| Net income | - | - | - | 259,523 | 259,523 | |||
| Balances at December 31, 2021 | 1,000 | 10 | 6,810 | 93,202 | 100,022 | |||
| Stockholder dividends | - | - | - | (85,889) | (85,889) | |||
| Net income | - | - | - | 35,383 | 35,383 | |||
| Balances at December 31, 2022 | 1,000 | 10 | 6,810 | 42,696 | 49,516 | |||
| Stockholder dividen |
Source: Item 21 — Financial Statements (FDD page 56)
What This Means (2025 FDD)
According to Antioch Pizza Shop's 2025 Franchise Disclosure Document, the additional paid-in capital as of December 31, 2022, was $6,810. This figure represents the total additional capital invested in the company beyond the par value of the common stock. It is important to note that this amount remained consistent from January 1, 2021, through December 31, 2023, indicating no new additional paid-in capital during those years.
For a prospective franchisee, understanding the additional paid-in capital can provide insights into the financial structure and stability of Antioch Pizza Shop. It reflects the confidence and investment made by the company's stockholders. The consistency of this figure over several years might suggest a stable financial strategy or a lack of need for additional capital injections during that period.
It is also important to consider this figure in conjunction with other financial metrics, such as retained earnings, net income, and cash flow, to get a comprehensive view of the company's financial health. Reviewing the balance sheets and statements of operations, changes in stockholders' equity, and cash flows for the years 2022, 2023, and 2024, as provided in the FDD, can offer a more detailed understanding of Antioch Pizza Shop's financial performance and stability.