What financial statements are included in the Brain Balance FDD as Exhibit C?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached as Exhibit C are the unaudited balance sheet and profit and loss statements from January 1, 2025 through March 31, 2025 as well as the audited financials of BBF as of December 31, 2024, December 31, 2023, and December 31, 2022. These financial statements have been prepared in accordance with generally accepted accounting principles. BBF's fiscal year ends December 31.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 70)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, Exhibit C includes the unaudited balance sheet and profit and loss statements from January 1, 2025, through March 31, 2025. Additionally, it contains the audited financials of BBF as of December 31, 2024, December 31, 2023, and December 31, 2022.
These financial statements have been prepared following generally accepted accounting principles, providing a standardized view of Brain Balance's financial health. The fiscal year for BBF ends on December 31.
Prospective franchisees should carefully review these financial statements to understand Brain Balance's financial performance over the past three years and the interim performance in early 2025. It is important to note that the balance sheet and profit and loss statements from January 1, 2025, through March 31, 2025 are unaudited.