What was the net cash provided by (used in) operating activities for Beard Papas in 2023?
Beard_Papas Franchise · 2025 FDDAnswer from 2025 FDD Document
December 31, 2023 and 2022
| Date | Print Name | Signature | |---|---|---| | | | | (A Wholly-Owned Subsidiary of Nagatanien Holdings Co., Ltd.)
Statements of Cash Flows
Years Ended December 31, 2023 and 2022
| 2023 | 2022 | |
|---|---|---|
| Cash flows from operating activities: | ||
| Net income (loss) $ | 79,942 | $ (55,963) |
| Adjustments to reconcile net income (loss) to net cash provided by (used in) | ||
| operating activities: | ||
| Depreciation and amortization | 4,176 | 6,189 |
| Non-cash lease expenses | 93,795 | 154 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 175,158 | (151,953) |
| Due from affiliates | 6,689 | (2,892) |
| Inventories | (185,525) | 7,868 |
| Prepaid expenses and other current assets | (2,293) | 61,791 |
| Accounts payable | 211,246 | 6,054 |
| Due to affiliates | (25,428) | 16,087 |
| Accrued expense and other current liabilities | 130,673 | 3,494 |
| Deposit payable | (15,000) | - |
| Lease liability | (70,271) | (1,973) |
| Net cash provided by (used in) operating activities | 403,162 | (111,144) |
| Cash flows from investing activity: | ||
| Purchases of property and equipment | (434, 139) | |
| Security deposits | - | (13,048) |
| Net cash used in investing activity | (434,139) | (13,048) |
| Net decrease in cash and cash equivalents | (30,977) | (124,192) |
| 1 vot decrease in easif and easif equivalents | (30,977) | (124,192) |
| Cash and cash equivalents at beginning of year | 1,225,836 | 1,350,028 |
| Cash and cash equiva |
Source: Item 23 — RECEIPTS (FDD pages 58–275)
What This Means (2025 FDD)
According to Beard Papas's 2025 Franchise Disclosure Document, the net cash provided by operating activities in 2023 was $403,162. This indicates the amount of cash Beard Papas generated from its core business operations during that year. This figure is derived by adjusting the net income (or loss) with non-cash items and changes in working capital accounts.
For a prospective franchisee, understanding the net cash provided by operating activities is crucial as it reflects the financial health and stability of Beard Papas. A positive cash flow from operations suggests that the company is effectively managing its revenues and expenses. It also indicates that Beard Papas is capable of meeting its current obligations and has the potential for future growth and expansion.
In comparison, the net cash used in operating activities for the previous year, 2022, was $(111,144), indicating a significant turnaround in cash flow generation for Beard Papas. Reviewing these figures over several years can provide a more comprehensive understanding of the company's financial performance and trends.