What was the total amount of 'Net income' for Batteries Plus Bulbs in 2024?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Operating income | 21,422 | 20,352 | |
|---|---|---|---|
| Other expense (income) | |||
| Interest expense | (75) | (50) | |
| Taxes | (3) | (2) | |
| Interest income | 1 | 3 | |
| Other expense, net | (77) | (49) | |
| NET INCOME | $ 21,345 | $ 20,303 |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, the net income for the company in 2024 was $21,345. This figure represents the company's profit after all revenues and expenses have been accounted for, including operating expenses, interest, and taxes. In comparison, the net income for 2023 was $20,303.
For a prospective franchisee, net income is a critical indicator of the financial health and profitability of Batteries Plus Bulbs. A higher net income suggests that the company is managing its operations effectively and generating substantial profits. This can be reassuring for franchisees, as it implies a stable and potentially lucrative business environment.
It's important to note that while net income provides a snapshot of overall profitability, franchisees should also consider other financial metrics and factors. These include revenue growth, operating expenses, and cash flow, to gain a comprehensive understanding of the company's financial performance. Additionally, prospective franchisees should investigate the reasons behind any significant changes in net income from year to year, to assess the sustainability of the company's profitability.