What was the total Aplus revenue after intersegment eliminations in 2022?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
| | Adjusted EBITDA related to unconsolidated affiliates | | | | | | | 10 | | Other non-cash adjustments | | | | | | | 22 | | Adjusted EBITDA | $ | 853 | $ | 111 | | $ | 964 | | Capital expenditures | $ | 132 | $ | 83 | | $ | 215 | | Total assets, end of period | $ | 5,676 | $ | 1,150 | | $ | 6,826 |
| Year Ended December 31, 2022 | |||||||
|---|---|---|---|---|---|---|---|
| Fuel Distribution and Marketing | All Other |
Source: Item 22 — CONTRACTS (FDD page 68)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, the total revenue after intersegment eliminations for the year ended December 31, 2022, was $25,729. This figure represents the consolidated revenue from all segments of Aplus's business operations after accounting for and removing transactions that occurred between different segments of the company.
Specifically, this total revenue is derived from several sources, including motor fuel sales ($25,216), non-motor fuel sales ($370), and lease income ($143). The intersegment sales of $534 were eliminated, meaning they were subtracted from the combined revenue to avoid double-counting revenue within the company's financial reporting. This elimination provides a clearer picture of Aplus's revenue from external sources.
For a prospective franchisee, understanding the total revenue and its components is crucial for assessing the overall financial health and performance of Aplus. It offers insights into the company's ability to generate sales from its various business activities, which can influence investment decisions and expectations regarding potential returns. Reviewing these figures over multiple years, as presented in the FDD, can also reveal trends and patterns in Aplus's revenue generation.