As of this FDD, what is the earliest year for which Bigfoot Forestry provides audited financial statements?

According to Bigfoot Forestry's 2025 Franchise Disclosure Document, the earliest year for which audited financial statements are provided is December 31, 2023. The FDD includes audited financial statements for the fiscal years ending December 31, 2023, and December 31, 2024. Because Bigfoot Forestry has not been in existence for three years, they state that they cannot provide all the financial statements typically required by the FTC franchise disclosure guidelines.

The inclusion of these audited financial statements is intended to give prospective franchisees insight into the financial health and performance of Bigfoot Forestry. These statements, audited by Metwally CPA PLLC, include a balance sheet and related notes, offering a snapshot of the company's financial position at the end of 2023 and 2024.

Prospective franchisees should carefully review these financial statements and notes, along with the independent auditor's report, to understand Bigfoot Forestry's financial condition, accounting practices, and any potential risks or uncertainties. It is important to note that the auditor's report for 2024 includes an emphasis of a matter regarding the company's extensive transactions and relationships with its affiliates, which may affect the comparability of the financial statements to those of a company operating without such affiliations. This is a common practice in franchising, as franchisors often have related-party transactions with affiliated entities.