What were the foreign currency translation adjustments for Caption By Hyatt?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
| Net income | $ 1,296 $ 220 $ 455 | ||
|---|---|---|---|
| Other comprehensive income (loss), net of taxes: | |||
| Foreign currency translation adjustments, net of tax of $6, $(3), and $— for the years ended | (96) 46 4 | ||
| December 31, 2024, December 31, 2023, and December 31, 2022, respectively |
Source: Item 23 — Receipts (FDD pages 85–349)
What This Means (2025 FDD)
According to Caption By Hyatt's 2025 Franchise Disclosure Document, the foreign currency translation adjustments, net of tax, were as follows: for the year ending December 31, 2024, the adjustment was a loss of $96. For the year ending December 31, 2023, there was a gain of $46. And for the year ending December 31, 2022, there was a gain of $4. These adjustments reflect the impact of currency fluctuations on Caption By Hyatt's financial statements.
For a prospective Caption By Hyatt franchisee, understanding these adjustments is crucial because they provide insight into how currency exchange rates can affect the brand's overall financial health. Significant fluctuations, whether gains or losses, can influence the stability and profitability of the franchise system. Franchisees should consider these factors when assessing the financial performance and potential risks associated with investing in a Caption By Hyatt franchise.
It's important to note that these figures are net of tax, meaning the actual impact of currency translations before taxes could have been different. Franchisees might want to further investigate the underlying factors contributing to these adjustments and how Caption By Hyatt manages its foreign currency exposure to mitigate potential risks. Understanding these financial dynamics can help franchisees make informed decisions and better prepare for the financial realities of operating a Caption By Hyatt franchise.