What were the shareholder distributions for Bumper Man in 2024?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
Equity | 2,838,346 | 2,926,730 | 3,113,193 | | Total Liabilities and Shareholders' Equity | $ 4,174,039 | $ 3,940,777 | $ 4,159,927 |
STATEMENT OF INCOME AND RETAINED EARNINGS
For the Year Ended
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Revenue | $ 33,190,946 | $ 31,434,336 | $ 28,478,546 |
| General and Administrative Expenses | 31,971,220 | 30,133,163 | 27,103,650 |
| Net Operating Income | 1,219,726 | 1,301,173 | 1,374,896 |
| Other Income | |||
| Interest income | 14,860 | 10,026 | 14,988 |
| Net Income | 1,234,586 | 1,311,200 | 1,389,884 |
| Retained Earnings at the Beginning of the Period | 2 |
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
According to Bumper Man's 2025 Franchise Disclosure Document, the shareholder distributions for 2024 were $(1,322,970). This means that Bumper Man distributed $1,322,970 to its shareholders during that year. Shareholder distributions represent the funds or assets that a company pays out to its owners. These distributions are typically derived from the company's profits or retained earnings.
For a prospective franchisee, this figure provides insight into how Bumper Man manages its finances and allocates profits. A consistent history of shareholder distributions might suggest that the company is profitable and stable enough to reward its owners. However, it's also important to consider the size of these distributions relative to the company's overall financial performance.
Large distributions could indicate that the company is prioritizing shareholder returns over reinvesting in the business, which could potentially impact future growth and support for franchisees. It is important to analyze these distributions in the context of Bumper Man's net income, retained earnings, and overall financial strategy to fully understand their implications.