What was the amount of common stock shares for Carbones Pizzeria as of October 31, 2024?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
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M&T PIZZA INCORPORATED AND SUBSIDIARIES Consolidated Statement of Changes in Stockholder's Equity For the Year Ended October 31, 2024
| Commo Shares | on Stock Amount | Common Stock Shares Amount | Additional paid in capital | Retained Earnings | Гreasury stock | Total Equity | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance, October 31, 2023 | 2,500 | $ | 2,500 | $ 266,117 | $ 887,390 | $ (34,556) | $ 1,121,451 | ||||||
| Net income | 198,42 |
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the number of common stock shares as of October 31, 2024, was 2,500. The value associated with these shares was $2,500. The additional paid-in capital was $266,117, and the retained earnings amounted to $1,085,816. There was also a treasury stock deduction of $34,556, resulting in a total equity of $1,319,877.
These figures provide a snapshot of the company's equity structure and financial health at the end of the fiscal year. For a prospective franchisee, this information offers insight into the financial stability and capitalization of Carbones Pizzeria. Understanding the common stock structure, retained earnings, and total equity can help in assessing the overall risk and potential return on investment associated with the franchise.
It's important to note that these figures reflect the consolidated financial position of M & T Pizza Incorporated and its subsidiaries, including Carbone & Sons, Inc., and Carbone Pizza, Inc. The financial data is prepared in accordance with accounting principles generally accepted in the United States of America (US GAAP), ensuring a standardized and transparent reporting framework. Prospective franchisees should review these figures in conjunction with other financial statements and disclosures to gain a comprehensive understanding of the franchisor's financial condition.
Franchisees should consider consulting with a financial advisor to fully understand the implications of these figures and how they relate to the overall franchise opportunity. Analyzing the trend in retained earnings and total equity from previous years can also provide valuable insights into the company's financial performance and growth trajectory.