What was the total amount of revenue Cicis recognized over time in 2024?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | |||
|---|---|---|---|---|
| Revenue recognized at a point in time | $ 42,474,332 | $ 41,301,256 | ||
| Revenue recognized over time | 72,368 2024 | 57,395 2023 |
Source: Item 23 — RECEIPTS (FDD pages 65–263)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, the revenue recognized over time in 2024 was $72,368. This figure represents the income that Cicis earned during that period, which was recognized gradually as services were provided or obligations were fulfilled, rather than at a single point in time.
For a prospective franchisee, understanding the breakdown of revenue recognition is crucial. Revenue recognized over time can include franchise fees. This indicates the pace at which Cicis is earning revenue from its franchise system.
It's also useful to compare this figure with the revenue recognized at a point in time, which for 2024 was $42,474,332. The vast difference between these two numbers suggests that the majority of Cicis's revenue is recognized at a specific point, likely from sales or transactions, rather than over a prolonged period. This distinction can help a potential franchisee understand the financial dynamics of the Cicis franchise model.