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What was the amount of members' equity for The C12 Group, LLC in 2022?

C12_Group Franchise · 2025 FDD

Answer from 2025 FDD Document

We have audited the accompanying financial statements of The C12 Group, LLC (a Texas limited liability company) and subsidiary which comprise the consolidated balance sheets as of December 31, 2022 and 2021, and the related consolidated statements of operations and members' capital, and cash flows for the years then ended, and the related notes to the consolidated financial statements.

In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of The C12 Group, LLC and subsidiary as of December 31, 2022 and 2021, and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.

Source: Item 22 — CONTRACTS (FDD page 46)

What This Means (2025 FDD)

I am unable to provide the exact amount of members' equity for The C12 Group, LLC in 2022, as the provided excerpts from the 2025 Franchise Disclosure Document do not contain a specific figure for this value. While the excerpts include financial statements and auditor's reports, they do not detail the specific value of members' equity on the balance sheet or in the statements of changes in members' equity. The excerpts do include the consolidated balance sheets as of December 31, 2022 and 2021, and the related consolidated statements of operations and members' capital, and cash flows for the years then ended, and the related notes to the consolidated financial statements. However, the specific amount is not listed.

A prospective franchisee should carefully review the full financial statements within Item 22 of the FDD, including the balance sheets, income statements, and statements of cash flow, to understand The C12 Group's financial performance and stability. Understanding the trend in member's equity over the past three years can provide insight into the company's profitability, debt levels, and overall financial health. This information is crucial for assessing the financial risk and potential return on investment associated with a C12 Group franchise.

To gain a comprehensive understanding, a potential franchisee should ask The C12 Group's franchisor for the specific amount of members' equity for 2022 and compare it to previous years. Requesting clarification on any significant changes in equity, such as those resulting from profits, losses, or capital contributions, is also advisable. Furthermore, consulting with a financial advisor to analyze the financial statements and assess the franchisor's financial stability is a recommended step in the due diligence process.

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.