What was the net loss for Brain Balance for the year ended December 31, 2024?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Cash Flows from Operating Activities | |||
| Net (loss) income | $(324,837) $ | 161,876 $ | 307,374 |
Source: Item 23 — RECEIPTS (FDD pages 72–292)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, the company experienced a net loss of $324,837 for the year ending December 31, 2024. This figure is part of the cash flow statement, specifically within the cash flows from operating activities section. In contrast, Brain Balance had a net income of $161,876 in 2023 and $307,374 in 2022.
This net loss indicates that Brain Balance's expenses exceeded its revenues during 2024. Prospective franchisees should carefully examine the factors contributing to this loss, as detailed in the financial statements. Understanding the reasons behind the shift from net income in previous years to a net loss is crucial for assessing the financial stability and potential risks associated with investing in a Brain Balance franchise.
Potential franchisees should investigate the reasons for the net loss by reviewing the complete financial statements and asking Brain Balance for clarification. Analyzing revenue trends, expense management, and any significant changes in the business model or market conditions will provide a clearer picture of the company's financial health and future prospects. This due diligence is essential for making an informed investment decision.