What was the other comprehensive income for Better Homes And Gardens Real Estate in 2022?
Better_Homes_And_Gardens_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit F includes the consolidated financial statements of our parent companies Anywhere Real Estate Inc. and Anywhere Real Estate Group LLC as follows:
Audited Consolidated Financial Statements
- Consolidated Statements of Operations for the years ended December 31, 2024, 2023 and 2022;
- Consolidated Statements of Comprehensive Loss for the years ended December 31, 2024, 2023 and 2022;
- Consolidated Balance Sheets as of December 31, 2024 and 2023;
- Consolidated Statements of Cash Flows for the years ended December 31, 2024, 2023 and 2022;
- Consolidated Statements of Equity for the years ended December 31, 2024, 2023 and 2022; and
- Notes to Consolidated Financial Statements
Separate stand-alone financial statements of us (Better Homes and Gardens Real Estate LLC) are not included in this disclosure document. Should we fail to fulfill our obligations to our franchisees, however, Anywhere Real Estate Inc. and Anywhere Real Estate Group LLC, absolutely and unconditionally guarantee to fulfill those obligations. Copies of the Guarantees of Performance are included in Exhibit F. We file state specific guarantees of performance with the appropriate agencies in the states where our licenses are registered to be offered and sold.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 75–76)
What This Means (2025 FDD)
According to Better Homes And Gardens Real Estate's 2025 Franchise Disclosure Document, the consolidated financial statements of Anywhere Real Estate Inc. and Anywhere Real Estate Group LLC, the parent companies of Better Homes And Gardens Real Estate, include Consolidated Statements of Comprehensive Loss for the years ended December 31, 2024, 2023, and 2022. However, the document specifies that separate, stand-alone financial statements for Better Homes and Gardens Real Estate LLC itself are not included.
While the consolidated statements offer a broader financial overview of the parent companies, they do not provide specific details about the other comprehensive income for Better Homes And Gardens Real Estate in 2022. Instead, the financial statements provide a guarantee of performance from Anywhere Real Estate Inc. and Anywhere Real Estate Group LLC, ensuring they will fulfill Better Homes And Gardens Real Estate's obligations to its franchisees.
Therefore, a prospective franchisee cannot determine the specific other comprehensive income for Better Homes And Gardens Real Estate from the information provided in this FDD. To obtain this information, it is recommended that a prospective franchisee ask the franchisor directly for the separate financial statements of Better Homes and Gardens Real Estate LLC or for specific details regarding their comprehensive income.