factual

What was the income from operations for Best Brains for the year ending December 31, 2024?

Best_Brains Franchise · 2025 FDD

Answer from 2025 FDD Document

Exhibit H contains our audited financial statements for the fiscal years ending December 31, 2024, 2023, and 2022, as well as our unaudited Balance Sheet as of March 31, 2025 and our unaudited Profit & Loss Statement for the time period January 1, 2025 – March 31, 2025.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)

What This Means (2025 FDD)

Based on the 2025 Best Brains Franchise Disclosure Document, information regarding income from operations for the year ending December 31, 2024, is not explicitly provided. While the document includes audited financial statements for the years ending December 31, 2024, and 2023, along with an unaudited Balance Sheet as of March 31, 2025, and an unaudited Profit & Loss Statement for the period from January 1, 2025, to March 31, 2025, the specific figure for 'income from operations' is not detailed in the provided excerpts. The financial statements are part of Exhibit H. The auditor's report indicates that the financial statements present fairly the financial position of Best Brains Inc. as of December 31, 2024, and 2023, and the results of its operations and its cash flows for the year then ended. However, the exact 'income from operations' number is not broken out.

To gain clarity, a prospective Best Brains franchisee should directly request the specific 'income from operations' figure for the year ending December 31, 2024, from the franchisor. Understanding this number is crucial for assessing the profitability and financial health of the company.

Furthermore, it would be beneficial to ask for a detailed breakdown of revenues, expenses, and other factors contributing to the overall financial performance of Best Brains. This deeper dive will allow potential franchisees to make well-informed decisions.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.