What was the total cash and cash equivalents 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 |
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to C12 Group's 2025 Franchise Disclosure Document, the total cash and cash equivalents at the end of 2022 was $1,933,369. This figure represents the amount of readily available funds C12 Group had on hand to cover immediate obligations and investments. This is an increase from the $680,666 at the beginning of the year.
For a prospective franchisee, understanding the franchisor's cash position can be crucial. A healthy cash balance suggests financial stability and the ability to support franchisees. It can also indicate the company's capacity to invest in new technologies, marketing initiatives, or other resources that benefit the entire franchise system.
However, it's important to consider this figure in the context of C12 Group's overall financial performance. Reviewing the complete financial statements, including revenue, expenses, and liabilities, will provide a more comprehensive picture of the company's financial health. Additionally, comparing these figures to previous years and industry benchmarks can help assess C12 Group's financial trajectory and relative performance.