How much did Antioch Pizza Shop pay in stockholder dividends in 2023?
Antioch_Pizza_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
330 | 218,330 | | Balances at December 31, 2023 | 1,000 | $ | 10 | $ | 6,810 | $ | 245,516 | $ 252,336 |
STATEMENTS OF CASH FLOWS
For the years ended December 31, 2024, 2023, and 2022
| 2024 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| Cash flows from operating activities | ||||||
| Net income | $ | 218,330 | $ | 35,383 | $ | 259,523 |
| Adjustments to reconcile net income to | ||||||
| net cash provided by operating activities: | ||||||
| Changes in operating assets and liabilities: | ||||||
| Accounts receivable | (22,400) | - | - | |||
| Inventory | (7,650) | - | - | |||
| Deferred commissions | 8,008 | (16,973) | - | |||
| Related party payable | - | - | (44,521) | |||
| Accounts payable | (2,199) | 6,383 | (10,856) | |||
| Deferred revenue | - | 10,000 | 25,000 | |||
| Net cash provided by operating activities | 194,089 | 34,793 | 229,146 | |||
| Cash flows from financing activities | ||||||
| Stockholder dividends | (15,510) | (85,889) | (430,179) | |||
| Net cash used in financing activities | (15,510) | (85,889) | (430,179) | |||
| Net change in cash and cash equivalents | 178,579 | (51,096) | (201,033) | |||
| Cash and cash equivalents at beginning of period |
Source: Item 21 — Financial Statements (FDD page 56)
What This Means (2025 FDD)
According to Antioch Pizza Shop's 2025 Franchise Disclosure Document, the company paid $85,889 in stockholder dividends during the year 2023. This information is derived from the statements of cash flow, specifically the cash flows from financing activities.
Stockholder dividends represent a distribution of the company's earnings to its owners. For a prospective franchisee, this indicates how Antioch Pizza Shop manages its profits and distributes value to its shareholders. While dividend payments are common in established and profitable companies, the amount can fluctuate based on the company's financial performance and investment strategies.
It's worth noting that the amount of dividends paid can impact the company's retained earnings, which are the accumulated profits that are reinvested back into the business. A significant dividend payout could reduce the funds available for future growth or operational improvements. Therefore, potential franchisees may want to inquire about Antioch Pizza Shop's dividend policy and its impact on the company's financial stability and long-term plans.