What was the additional paid-in capital for Best Brains as of December 31, 2023?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| Stockholders' Equity | ||
| Common stock | 1,000 | 1,000 |
| Additional paid in capital | 121,375 | 121,375 |
| Retained earnings | 77,883 | 66,758 |
| Total Stockholders' Equity | 200,258 | 189,133 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, the additional paid-in capital as of December 31, 2023, was $121,375. This figure represents the amount of capital that shareholders have paid above the par value of the common stock.
For a prospective Best Brains franchisee, understanding the additional paid-in capital can provide insights into the company's financial structure and how it has raised capital in the past. It reflects the confidence investors have in the company and their willingness to invest beyond the basic stock value.
It's important to note that this figure is a snapshot in time and can change year to year based on Best Brains' financial activities. Reviewing the trend of additional paid-in capital over several years, as presented in the financial statements, can offer a more comprehensive understanding of the company's financial health and investor sentiment.