What was the total stockholder's equity for Buildingstars as of December 31, 2022?
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' 2025 Franchise Disclosure Document, the total stockholder's equity as of December 31, 2022, was $3,403,762. This figure is derived from the sum of common stock, paid-in capital, and retained earnings. Specifically, the common stock was valued at $500, paid-in capital at $1,386,511, and retained earnings at $2,016,751.
Stockholder's equity represents the residual value of assets available to shareholders after deducting all liabilities. It is a key indicator of a company's financial health and stability. For a prospective Buildingstars franchisee, a positive and growing stockholder's equity generally suggests that the company is financially sound and has been profitable over time.
However, it's important to consider this figure in conjunction with other financial metrics and industry benchmarks to gain a comprehensive understanding of Buildingstars' financial performance. Factors such as net income, distributions, and changes in accounting practices can all impact stockholder's equity. Reviewing these trends over several years, as presented in the table, provides a more insightful perspective for potential investors.