What was the net cash provided by operating activities for C12 Group in 2022?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
pital - End of Year | $ 1,843,880 | $ 1,312,531 | The accompanying notes are an integral part of these consolidated financial statements.
Consolidated Statements of Cash Flows Years Ended December 31, 2022 and 2021
| 2022 | 2021 | |
|---|---|---|
| Cash Flows From Operating Activities: | $ 640,867 | $ 296,300 |
| Net Income | ||
| Adjustments to Reconcile Net Income to Net Cash | ||
| Provided (Used) by Operating Activities: | 101,471 | 57,769 |
| Depreciation and Amortization | ||
| (Increase) Decrease in: | ||
| Accounts Receivable Supplies Inventory and Other Assets Other Operating Lease Right-of-Use Assets Increase (Decrease) in: | (84,865) (63,920) 12,669 124,177 | (37,300) 32,237 (35,816) - |
| Accounts Payable | 51,858 | 135,405 |
| Accrued Liabilities | (1,643) | 57,238 |
| Unearned Revenue | 815,784 | (266,018) |
| Operating Lease Liabilities | (131,509) | - |
| Net Cash Provided by Operating Activities | 1,464,889 | 239,815 |
| Cash Flows From Investing Activities: Purchase of Property and Equipment Proceeds from Sale of Fixed Assets Net Cash Used by Investing Activities | (102,668) - (102,668) | (297,463) - (297,463) |
| Cash Flows From Financing Activities: Distributions Net Cash Used by Financing Activities | (109,518) (109,518) | (269,679) (269,679) |
| Net Increase (Decrease) in Cash and Cash Equivalents | 1,252,703 | (327,327) |
| Cash |
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to C12 Group's 2025 Franchise Disclosure Document, the net cash provided by operating activities in 2022 was $1,464,889. This indicates the amount of cash C12 Group generated from its core business operations during that year. This figure is an important indicator of the company's financial health and its ability to fund future growth and investments.
For a prospective franchisee, understanding the net cash provided by operating activities can offer insights into the stability and profitability of C12 Group. A consistently positive and growing number suggests that the company is effectively managing its cash flow and generating sufficient funds from its operations. This can be reassuring for franchisees who are considering investing in the brand.
It's also useful to compare this figure with previous years and with other companies in the same industry to assess C12 Group's performance relative to its peers. While a single year's data provides a snapshot, analyzing trends over several years can give a more comprehensive understanding of the company's financial trajectory. In 2021, the net cash provided by operating activities was $239,815, showing a significant increase in 2022.
Franchisees should also consider the factors that contributed to this cash flow, such as changes in accounts receivable, accounts payable, and unearned revenue, as these can provide further insights into the company's operational efficiency and financial management practices. Reviewing the complete financial statements and notes, including those audited by an independent auditor, is essential for a thorough understanding.