What was the total paid-in capital for Buildingstars as of December 31, 2024?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
n credit, net | - | 327,366 | - | | | | NET INCOME | $ 8,759,493 | $ 8,227,718 | $ 7,513,928 | | |
BUILDINGSTARS INTERNATIONAL, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDER'S EQUITY Years Ended December 31, 2024, 2023 and 2022
| Common Stock | Paid-In Capital | Retained Earnings | Total | |
|---|---|---|---|---|
| Balance at January 1, 2022 | $ 500 | $ 1,386,511 | $ 4,291,773 | $ 5,678,784 |
| Net Income | - | - | 7,513,928 | 7,513,928 |
| S Corporation Distributions | - | - | (9,788,950) | (9,788,950) |
| Balance at December 31, 2022 | 500 | 1,386,511 | 2,016,751 | 3,403,762 |
| Net Income | - | - | 8,227,718 | 8,227,718 |
| S Corporation Distributions | - | - | (7,314,440) | (7,314,440) |
| Balance at D |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 34–43)
What This Means (2025 FDD)
According to Buildingstars's 2025 Franchise Disclosure Document, the total paid-in capital as of December 31, 2024, was $1,386,511. This figure is part of the consolidated statements of changes in stockholder's equity. Paid-in capital represents the amount of money Buildingstars received from investors for its stock, above the par value of the stock.
For a prospective franchisee, understanding the paid-in capital can provide insight into the financial structure of Buildingstars. It indicates the level of investment made by the company's owners and can be a measure of financial stability. A higher paid-in capital might suggest a stronger financial foundation, which can be reassuring for franchisees who are considering investing in the brand.
It's also important to note that Buildingstars's common stock is valued at $500 as of December 31, 2024. The retained earnings, which represent the accumulated net income of the company less any distributions to stockholders, were $2,302,263 at the end of 2024. The total stockholder's equity, combining common stock, paid-in capital, and retained earnings, amounted to $3,689,274. These figures collectively offer a snapshot of the company's equity position and its historical profitability.