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What was the net change in cash for Bumble Roofing in 2024?

Bumble_Roofing Franchise · 2025 FDD

Answer from 2025 FDD Document

IDATED STATEMENTS OF CASH FLOWS FOR THE YEARS ENDING SEPTEMBER 30, 2024, 2023, AND 2022

2024 2023 ("As Restated") 2022 ("As Restated")

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 53)

What This Means (2025 FDD)

According to Bumble Roofing's 2025 Franchise Disclosure Document, the net change in cash for the company in 2024 was $1,203,831. This figure represents the overall increase in cash holdings during the year, taking into account all cash inflows and outflows from operating, investing, and financing activities. This indicates that Bumble Roofing generated more cash than it spent during the year.

For a prospective Bumble Roofing franchisee, this information is useful for understanding the financial health and cash flow management of the overall Bumble Roofing organization. A positive net change in cash suggests that the company is financially stable and capable of meeting its obligations. It also indicates that Bumble Roofing is reinvesting in the business, potentially leading to further growth and support for franchisees.

It's important to note that this figure reflects the consolidated financial performance of Outdoor Living Brands (OLB) Holdco, LLC, which includes Bumble Roofing and its other franchise brands. While this provides a general overview of the company's financial position, prospective franchisees should also consider other financial metrics and factors, such as revenue growth, profitability, and debt levels, to gain a more comprehensive understanding of the financial risks and opportunities associated with investing in a Bumble Roofing franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.