What was the amount of deemed dividend, net, for Brightstar Care in the fiscal year ended 2023?

According to Brightstar Care's 2025 Franchise Disclosure Document, the deemed dividend, net, for the fiscal year ended December 31, 2023, was $(24,307,339). This figure represents a non-cash transaction that affects the company's cash flow statement. It is important to note that this is a negative value, indicating a decrease in cash flow related to deemed dividends.

For a prospective Brightstar Care franchisee, understanding this figure is crucial for assessing the overall financial health and stability of the franchisor. While deemed dividends are not direct cash payments, they reflect the financial structure and transactions within the company. A significant deemed dividend could indicate internal financial strategies that franchisees should be aware of.

Franchisees should consider this number in conjunction with other financial metrics provided in the FDD, such as net income, revenues, and expenses, to gain a comprehensive understanding of Brightstar Care's financial performance. Consulting with a financial advisor to interpret the implications of deemed dividends and other financial statement items is advisable before making an investment decision.