table_specific

What was the total point-in-time revenue for Big Blue Swim School in 2022?

Big_Blue_Swim_School Franchise · 2025 FDD

Answer from 2025 FDD Document

revenues | $ | 5,794,445 | $ | 4,366,279 | $ 1,938,353 |

Contract balances

Accounts receivable balances as of December 31, 2

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 accounts receivable balance as of December 31, 2022, was $996,524. This represents the amount of revenue Big Blue Swim School had earned but not yet collected at that specific point in time. Accounts receivable can fluctuate based on billing cycles, payment terms, and the volume of services provided near the end of the year.

It is important to note that accounts receivable is not the same as total revenue for the entire year. Total revenue would include all cash and credit transactions recognized during the full year, while accounts receivable reflects only the outstanding invoices at year-end. Therefore, while the accounts receivable balance provides insight into the company's financial activity, it does not represent the complete revenue picture for 2022.

Prospective franchisees should consider accounts receivable as an indicator of Big Blue Swim School's ability to generate revenue and manage collections. A high accounts receivable balance could indicate potential challenges in collecting payments, which could impact cash flow. However, without additional context, it is difficult to draw definitive conclusions. Franchisees should request further clarification from Big Blue Swim School regarding their revenue recognition policies and collection practices to gain a more comprehensive understanding of the company's financial performance.

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.