factual

What date were the consolidated financial statements available to be issued for Canopy Lawn Care?

Canopy_Lawn_Care Franchise · 2025 FDD

Answer from 2025 FDD Document

Management has evaluated subsequent events through December 13, 2024, the date of this report, which is the date the consolidated financial statements were available to be issued.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 55)

What This Means (2025 FDD)

According to Canopy Lawn Care's 2025 Franchise Disclosure Document, the consolidated financial statements were available to be issued on December 13, 2024. This date is significant because it represents the point up to which management evaluated subsequent events that could impact the financial statements.

For a prospective Canopy Lawn Care franchisee, this date indicates the recency of the financial information provided. It's essential to understand that the financial statements reflect the company's performance up to September 30, 2024, and management considered events occurring after that date but before December 13, 2024, in preparing the statements. This ensures that any significant events that could affect the company's financial position are taken into account.

Therefore, while reviewing Canopy Lawn Care's financial statements, a potential franchisee should consider this date in relation to the overall economic and market conditions. Any major events occurring after December 13, 2024, would not be reflected in these statements, and it would be prudent to inquire about any such events from the franchisor to gain a more current understanding of the company's financial health.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.