What was the total comprehensive income for Batteries Plus Bulbs in 2023?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Other expense, net | (77) | (49) | | | NET INCOME | $ 21,345 | $ 20,303 | | Other comprehensive loss | | | | | Foreign currency translation loss | (30) | (28) | | | COMPREHENSIVE INCOME $ 323,565 | $ 21,315 $ 332,251 | $ 20,275 |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, the total comprehensive income for the company in 2023 was $20,275. This figure represents the overall financial performance of Batteries Plus Bulbs, taking into account both net income and other factors that affect equity, such as foreign currency translation losses. In 2024, the comprehensive income was $21,315.
For a prospective franchisee, understanding comprehensive income is crucial because it provides a more complete picture of the company's profitability than net income alone. It reflects all changes in equity from non-owner sources. Batteries Plus Bulbs' comprehensive income indicates the financial health and stability of the franchisor, which can influence the support and resources available to franchisees.
It is important to note that while comprehensive income offers a broader view, it includes items like foreign currency adjustments that may not directly impact the day-to-day operations of a franchise. However, a consistently positive comprehensive income trend can signal effective management and financial strength, which are beneficial for franchisees seeking a stable and supportive franchise system. Batteries Plus Bulbs' franchisees should monitor these financial statements to assess the overall health of the brand.