table_specific

What was the net cash flow from operating activities for Christies International Real Estate in 2024?

Christies_International_Real_Estate Franchise · 2025 FDD

Answer from 2025 FDD Document

artners Distribution | - | | Partners' equity, December 31, 2024 | $ 100,000 |

CHRISTIE'S INTERNATIONAL REAL ESTATE MANAGEMENT, LLC STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2024, 2023 AND 2022

Cash Flows from Operating Activities 2024 2023 2022
Cash received from operations, interest, and other income $ - $ - $ -
Net Cash

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 53)

What This Means (2025 FDD)

According to the 2025 FDD, Christies International Real Estate's net cash flow from operating activities in 2024 was zero. The FDD provides a statement of cash flows for the years ending December 31, 2024, 2023 and 2022. For 2024, the cash received from operations, interest, and other income was $ -, and the net cash flow from operating activities was also reported as -.

This indicates that Christies International Real Estate's management and support services to real estate entities did not generate any cash flow from its operations during the year 2024. This could be due to various factors such as the company being in its initial phase with minimal business activity, as noted in the FDD, or that the company's expenses matched its income during that period. The net increase or decrease in cash was also zero, with the cash at the beginning and end of the year remaining at $100,000.

A prospective franchisee should consider these figures in the context of the overall financial health and operational stage of Christies International Real Estate. Understanding the reasons behind the zero net cash flow and the company's plans for future revenue generation is crucial for making an informed investment decision. It's important to note that the company's financial statements are audited, providing some assurance of their accuracy and reliability.

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.