Does the Bambu FDD include audited financial statements for 2022?
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 document includes audited financial statements as of December 31, 2024, December 31, 2023, and December 31, 2022. These financial statements are attached to the Disclosure Document as Exhibit J. The company's fiscal year ends on December 31st.
This inclusion of audited financial statements for the past three years is a standard practice in franchising, allowing potential franchisees to review the financial health and performance of Bambu over a period of time. Audited statements provide a higher level of assurance compared to unaudited ones, as they have been examined by an independent CPA.
Prospective franchisees should carefully review these financial statements, paying close attention to Bambu's revenues, expenses, assets, and liabilities. Analyzing these trends can help in understanding the franchisor's financial stability and its ability to support its franchisees. It is advisable to consult with a financial advisor to fully understand the implications of these statements before making any investment decisions.