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What was the net income and comprehensive income for Aplus for the year ended December 31, 2022?

Aplus Franchise · 2024 FDD

Answer from 2024 FDD Document

Year Ended December 31,
2023 2022
Net Income and comprehensive income $ 394 $ 475

Source: Item 22 — CONTRACTS (FDD page 68)

What This Means (2024 FDD)

According to Aplus's 2024 Franchise Disclosure Document, the net income and comprehensive income for the year ended December 31, 2022, was $475. This figure represents the company's profit after all expenses, including taxes, have been deducted from its total revenues. Comprehensive income includes net income as well as other changes in equity that are not from transactions with owners.

Understanding the net income and comprehensive income is crucial for potential franchisees as it provides insight into Aplus's overall financial performance and profitability. A higher net income generally indicates a more financially stable and successful company, which can be a positive sign for prospective franchisees. This information, in conjunction with other financial metrics, can help franchisees assess the financial health of Aplus and its ability to support its franchise system.

It's important to note that while net income and comprehensive income are key indicators, they should be evaluated alongside other financial statement information, such as revenue, expenses, assets, and liabilities, to gain a comprehensive understanding of Aplus's financial position. Additionally, prospective franchisees should consider industry trends, market conditions, and other factors that may impact Aplus's future financial performance.

Disclaimer: This information is extracted from the 2024 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.