For how many fiscal years are C12 Group's financial statements provided in Exhibit B?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
Our fiscal year end is December 31. Attached to this disclosure document, as Exhibit B, are our audited financial statements for the fiscal years ending December 31, 2024, December 31, 2023, and December 31, 2022.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 46)
What This Means (2025 FDD)
According to C12 Group's 2025 Franchise Disclosure Document, Exhibit B contains the company's audited financial statements for the fiscal years ending December 31, 2024, December 31, 2023, and December 31, 2022. This means that prospective franchisees can review C12 Group's financial performance over the most recent three-year period.
Having access to three years of financial statements allows potential franchisees to assess the financial stability and performance trends of C12 Group. This information is crucial for making an informed investment decision, as it provides insights into the company's revenue, expenses, profits, and overall financial health. By examining these statements, franchisees can identify any potential risks or opportunities associated with investing in a C12 Group franchise.
In the franchise industry, it is common practice to provide financial statements for multiple years to give potential franchisees a comprehensive view of the franchisor's financial history. The audited financial statements included as Exhibit B in the C12 Group FDD provide an overview of the franchisor's financial standing.