What was the net cash used in operating activities for Big Blue Swim School in 2023?
Big_Blue_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit A contains our audited financial statements for the full fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022, our unaudited balance sheet as of June 30, 2025, and our unaudited profit and loss statement for the year-to-date fiscal period ending June 30, 2025.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 75)
What This Means (2025 FDD)
According to Big Blue Swim School's 2025 Franchise Disclosure Document, the financial statements include the statements of cash flows for the years ended December 31, 2024, 2023, and 2022. However, the specific net cash used in operating activities for 2023 is not detailed within the provided excerpts.
While the excerpts provide an overview of Big Blue Swim School's financial structure, including revenues, expenses, and related-party transactions, they do not include the specific figures for net cash used in operating activities for the year 2023. The excerpts do mention that during the year ended December 31, 2024, the company had cash used in operations of $2,445,570. This information is related to the year 2024, not 2023.
To obtain the specific figure for net cash used in operating activities for Big Blue Swim School in 2023, a prospective franchisee should review the complete audited financial statements in Exhibit A of the FDD or directly request this information from the franchisor.