Are the City Publications financial statements presented on a calendar year basis?

According to City Publications's 2025 Franchise Disclosure Document, the company's financial statements are presented on a calendar year basis. The FDD includes audited financial statements for the years ending December 31, 2024, December 31, 2023, and December 31, 2022. The company's fiscal year concludes on December 31.

This means that City Publications reports its financial performance and position at the end of each calendar year. Prospective franchisees can review these statements to understand the company's financial health and performance over the past three years. This information is crucial for assessing the financial stability of the franchisor before investing in a franchise.

Understanding the franchisor's financial year-end is important for comparing financial data across different years and for aligning with any reporting requirements that City Publications may impose on its franchisees. Reviewing these financial statements, prepared consistently on a calendar year basis, allows potential franchisees to make informed decisions about their investment.