What was the total revenue for the Aplus Fuel Distribution and Marketing segment in 2021?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
- | | Equity in earnings of unconsolidated affiliates | | | | | | | (4) | | Adjusted EBITDA related to unconsolidated affiliates | | | | | | | 10 | Other non-cash adjustments 20 Adjusted EBITDA $ 807 $ 112 $ 919 Capital expenditures $ 143 $ 43 $ 186 Total assets, end of period $ 5,727 $ 1,103 $ 6,830
Year Ended December 31, 2021
| Year Ended December 31, 2021 | |||||||
|---|---|---|---|---|---|---|---|
| Fuel Distribution and Marketing | All Othe |
Source: Item 22 — CONTRACTS (FDD page 68)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, the total revenue for the Fuel Distribution and Marketing segment in 2021 was $17,190. This figure represents the combined revenue from motor fuel sales ($16,569), non-motor fuel sales ($82), lease income ($127), and intersegment sales ($412).
It is important to note that the total revenue figure includes intersegment sales, which are sales between Aplus's Fuel Distribution and Marketing segment and its All Other segment. These intersegment sales are later eliminated in the consolidated financial statements to avoid double-counting revenue. In 2021, the intersegment eliminations amounted to $412.
For a prospective Aplus franchisee, understanding the revenue streams within the Fuel Distribution and Marketing segment is crucial. Motor fuel sales constitute the majority of the revenue, but non-motor fuel sales and lease income also contribute. The intersegment sales and eliminations indicate the interconnectedness of Aplus's different business segments, which could impact the overall financial performance of the franchise.