What was the net change in cash for Canopy Lawn Care at the end of 2024?

According to Canopy Lawn Care's 2025 Franchise Disclosure Document, the net change in cash for the company at the end of 2024 was $1,203,831. This figure represents the increase in cash the company experienced during the year. It's a key indicator of Canopy Lawn Care's financial health, reflecting the difference between cash inflows and outflows from operating, investing, and financing activities.

For a prospective Canopy Lawn Care franchisee, understanding the net change in cash is crucial. A positive net change, as seen in 2024, suggests that the company is generating more cash than it is spending. This can translate to better support for franchisees, investments in technology or marketing, and overall stability of the franchise system. Conversely, a negative net change might raise concerns about the company's ability to fund its operations and support its franchisees.

It's important to note that this figure is part of the consolidated financial statements for Outdoor Living Brands Holdco, LLC, which includes Canopy Lawn Care and its affiliated brands. Therefore, the net change in cash reflects the overall performance of the parent company and its various business segments. While Canopy Lawn Care contributed to this figure, it's not solely indicative of the brand's individual financial performance.

Prospective franchisees should review the complete financial statements and related notes in the FDD to gain a comprehensive understanding of Canopy Lawn Care's financial position. Analyzing trends over multiple years, as well as comparing the company's performance to industry benchmarks, can provide valuable insights into the risks and opportunities associated with investing in a Canopy Lawn Care franchise.