What was the value of common stock for Apricot Lane as of December 31, 2024?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
59,242 | | Net Income (Loss) | $ 214,496 | $ 4,020 |
| Com | man Stack | Poid | l in Capital | Retained Earnings | Total | ||
|---|---|---|---|---|---|---|---|
| Polomos Dosember 21, 2022 | Common Stock | · | |||||
| Balances, December 31, 2022 | $ | 24,563 | $ | 90,000 | $ 317,039 | S | 431,602 |
| Distributions | - | - | (174,000) | (174,000) | |||
| Net Income | - | 4,020 , | 4,020 -, | ||||
| Balances, December 31, 2023 | $ | 24,563 | $ | 90,000 | $ 147,059 | $ | 261,622 |
| Distributions | - | - | - | - | |||
| Net Income | - | - | 214,496 | 214,496 |
Source: Item 23 — RECEIPTS (FDD pages 51–222)
What This Means (2025 FDD)
According to Apricot Lane's 2025 Franchise Disclosure Document, the value of common stock as of December 31, 2024, was $24,563. The document also indicates that there were 10,000 shares authorized and 6,000 shares issued and outstanding. Additionally, the paid-in capital was valued at $90,000, and retained earnings amounted to $361,555. The total stockholders' equity was $476,118.
These figures provide a snapshot of Apricot Lane's equity structure and financial health at the close of 2024. Common stock represents the ownership stake in the company, while paid-in capital reflects the additional funds invested by shareholders above the par value of the stock. Retained earnings represent the accumulated profits that have not been distributed as dividends.
For a prospective franchisee, understanding these figures is crucial for assessing the financial stability and capitalization of Apricot Lane. A healthy equity position suggests that the company has a solid financial foundation, which can be reassuring for franchisees who are investing in the brand. It's important to note that these figures are just one aspect of the overall financial picture, and prospective franchisees should also consider other factors such as revenue, expenses, and debt levels when evaluating the franchise opportunity.
It is also important to note that the common stock value remained consistent from December 31, 2023, to December 31, 2024, at $24,563. This stability in common stock value, coupled with an increase in retained earnings from $147,059 to $361,555 during the same period, indicates that the company's growth is primarily funded through its earnings rather than through the issuance of new stock.