What was the total value of Buildingstars' common stock at the end of the 2024 fiscal year?
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) |
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 value of common stock at the end of the 2024 fiscal year was $500. Buildingstars's common stock has no par value, and the authorized and issued shares are 30,000.
In addition to common stock, Buildingstars also reports paid-in capital and retained earnings as part of its stockholder's equity. The paid-in capital remained constant at $1,386,511 for 2022, 2023 and 2024. The retained earnings were $2,302,263 at the end of 2024.
The total stockholder's equity, which includes common stock, paid-in capital, and retained earnings, was $3,689,274 as of December 31, 2024. Understanding the components of equity can help a prospective franchisee assess the financial stability and overall capitalization of Buildingstars.