What was the net cash used by investing 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 used by investing activities in 2022 was $102,668. This figure reflects the total cash outflow resulting from investments made by C12 Group during that year. These investments primarily consisted of the purchase of property and equipment.
For a prospective C12 Group franchisee, understanding the company's investment activities provides insight into how C12 Group allocates its resources. The purchase of property and equipment suggests that C12 Group is investing in its infrastructure, which could support the services and resources available to franchisees. This level of investment can be a positive sign, indicating a commitment to growth and operational efficiency.
It's important to note that while the net cash used by investing activities represents an outflow of cash, these investments are intended to generate future returns. Franchisees should consider these figures in the context of C12 Group's overall financial health and strategic goals. Reviewing these cash flow statements helps potential franchisees assess the financial stability and investment strategies of C12 Group.