What was the total stockholders' equity for Antioch Pizza Shop in 2022?
Antioch_Pizza_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|
| Liabilities and Stockholders' Equity | ||||||
| Stockholders' equity | ||||||
| Common stock, $0.001 par value, 1,000 | ||||||
| shares authorized, issued, and outstanding | 10 | 10 | 10 | |||
| Additional paid-in capital | 6,810 | 6,810 | 6,810 | |||
| Retained earnings | 245,516 | 42,696 | 93,202 | |||
| Total stockholders' equity | 252,336 | 49,516 | 100,022 |
Source: Item 21 — Financial Statements (FDD page 56)
What This Means (2025 FDD)
According to Antioch Pizza Shop's 2025 Franchise Disclosure Document, the total stockholders' equity in 2022 was $100,022. The stockholders' equity is composed of several components, including common stock, additional paid-in capital, and retained earnings.
Specifically, the common stock is valued at $10, with 1,000 shares authorized, issued, and outstanding. The additional paid-in capital is $6,810. The retained earnings, which represent the accumulated net income less any dividends paid out over the life of the company, amounted to $93,202 in 2022.
Understanding the composition and changes in stockholders' equity can provide a prospective Antioch Pizza Shop franchisee with insights into the financial structure and profitability trends of the company. Reviewing these figures over several years, as presented in the FDD, allows for a more comprehensive assessment of the company's financial health and stability.