factual

Through what date were subsequent events evaluated for Bumper Man's financial statements?

Bumper_Man Franchise · 2025 FDD

Answer from 2025 FDD Document

Notes to Financial Statements December 31, 2024, 2023 and 2022

NOTE F: SUBSEQUENT EVENTS

Subsequent events were evaluated through February 24, 2025, which is the date the financial statements were available to be issued.

Source: Item 23 — RECEIPTS (FDD pages 45–180)

What This Means (2025 FDD)

According to Bumper Man's 2025 Franchise Disclosure Document, subsequent events related to the company's financial statements were evaluated through February 24, 2025. This date represents the cutoff for considering events that occurred after the balance sheet date (December 31, 2024) but before the financial statements were issued.

This evaluation period is standard practice in financial auditing. It ensures that any significant events that could impact the financial position of Bumper Man are disclosed, providing a more complete picture for potential investors and franchisees. These events could include anything from major lawsuits to significant changes in the company's operations or market conditions.

For a prospective Bumper Man franchisee, this means the financial statements reflect the most up-to-date information available as of February 24, 2025. It is important to note that events occurring after this date would not be included in these statements, so further due diligence may be necessary to assess any more recent developments.

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.