What was the total amount of interest income for Batteries Plus Bulbs in 2023?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Operating income | 20,352 | 23,243 | |
|---|---|---|---|
| Other expense | |||
| Interest expense | ( 50) | ( 80) | |
| Taxes | ( 2) | 64 | |
| Interest income | 3 | 3 | |
| Other expense, net | ( 49) | ( 13) | |
| NET INCOME | $ 20,303 | $ 23,230 |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, the interest income for the company in 2023 was $3. This figure is part of the broader financial data presented in Item 23, which covers receipts and financial performance. Interest income represents earnings from the company's investments or cash holdings. For a prospective franchisee, this indicates a small contribution to the overall revenue of Batteries Plus Bulbs.
While $3 in interest income is a very small amount, it is important to consider it within the context of the company's overall financial health. The document also lists operating income, interest expense, taxes, and net income, providing a more complete picture of the company's profitability. Franchisees should review these figures carefully to understand the financial dynamics of Batteries Plus Bulbs.
Prospective franchisees should also compare these figures with previous years and industry benchmarks to assess the company's financial trends and stability. Understanding the sources of income and expenses can help franchisees make informed decisions about their investment and operational strategies. It's also advisable to discuss these figures with a financial advisor to gain a comprehensive understanding of the financial implications.