What was the total amount of 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 cash C12 Group generated from its core business operations during that year. This figure is a key indicator of the company's financial health and its ability to fund future growth and investments.
In comparison, the net cash provided by operating activities in 2021 was $239,815. The significant increase from 2021 to 2022 suggests a substantial improvement in C12 Group's operational efficiency and profitability during that period. Prospective franchisees should analyze these trends to understand the potential for revenue generation and financial stability within the C12 Group franchise system.
It's important to note that these figures are based on C12 Group's consolidated financial statements, which include the accounts of The C12 Group, LLC and its subsidiary, C12 Atlanta, LLC. The sale of C12 Atlanta in 2023 could impact future cash flow statements, so prospective franchisees should consider this event when evaluating the company's financial performance. Reviewing several years of financial statements and understanding the factors that influence cash flow from operations is crucial for making an informed investment decision.