As of what date are the audited financial statements for Bambu included in this Disclosure Document?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this Disclosure Document as Exhibit J are our audited financial statements as of December 31, 2024, December 31, 2023, and December 31, 2022. Our fiscal year end is December 31st.
Source: Item 21 — Financial Statements (FDD page 52)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, the audited financial statements included are as of December 31, 2024, December 31, 2023, and December 31, 2022. The document specifies that these financial statements are attached as Exhibit J. The franchisor's fiscal year ends on December 31st.
Prospective franchisees should review these financial statements carefully to assess Bambu's financial health and stability. Understanding the company's financial performance over the past three years can provide insights into its ability to support franchisees and maintain the brand's reputation.
It is important to note that the financial statements are audited, which means they have been reviewed by an independent accounting firm. This provides a level of assurance regarding the accuracy and reliability of the information presented. Franchisees should pay close attention to key financial metrics such as revenue, expenses, assets, and liabilities to make an informed decision about investing in a Bambu franchise.