What was the net income for Canine Dimensions in the year ended December 31, 2024?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this Disclosure Document as Exhibit B are our audited financial statements for 2024, 2023, and 2022. Our fiscal year ends on December 31.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 35)
What This Means (2025 FDD)
According to Canine Dimensions's 2025 Franchise Disclosure Document, Item 21 includes the audited financial statements for the years ended December 31, 2024, and 2023. However, the excerpt provided does not contain the specific net income figure for Canine Dimensions for the year ended December 31, 2024.
While the financial statements are mentioned and an independent auditor's report is included, the actual figures detailing revenues, expenses, and net income are not present in this excerpt. The auditor's report confirms that the financial statements, including the statements of revenues, expenses, and changes in member's equity, were audited for both 2024 and 2023.
A prospective franchisee should carefully review the complete audited financial statements within Item 21 of the FDD to ascertain Canine Dimensions's net income for the specified period. This information is crucial for assessing the financial health and profitability of the franchisor, which can inform the franchisee's decision-making process.