What was the net cash flow used in investing activities for Basecamp Fitness in 2022?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
| (in thousands of US dollars) | 2024 2023 2022 | |
|---|---|---|
| Cash flows from investing activities | ||
| Purchases of property and equipment | (591) (1,407) (1,898) | |
| Proceeds from sale of property and equipment | 525 - 13 | |
| Cash acquired in common control transaction | 2,172 - - | |
| Purchases of software development and license costs | (6,847) (8,654) (7,472) | |
| Purchases of trademarks | (20) (29) (28) | |
| Net cash flows used in investing activities | (4,761) (10,090) (9,385) |
Source: Item 23 — RECEIPTS (FDD pages 62–248)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, the net cash flow used in investing activities in 2022 was $(9,385) thousand. This means that Basecamp Fitness spent $9,385,000 more on investments than it received from them during that year.
Specifically, these investing activities included purchases of property and equipment, which totaled $(1,898) thousand, proceeds from the sale of property and equipment which totaled $13 thousand, purchases of software development and license costs which totaled $(7,472) thousand, and purchases of trademarks which totaled $(28) thousand.
For a prospective franchisee, this information provides insight into how Basecamp Fitness manages its capital and invests in its own growth. Significant cash outflows in investing activities could indicate investments in technology, infrastructure, or acquisitions, which may ultimately benefit franchisees through improved systems or brand recognition. However, it is important to consider these figures in the context of overall financial performance and to understand the specific investments being made.