factual

What date were the consolidated financial statements available to be issued for Clear Pest Pros?

Clear_Pest_Pros Franchise · 2025 FDD

Answer from 2025 FDD Document

The consolidated financial statements and related disclosures include evaluation of events up through and including March 19, 2025, which is the date the consolidated financial statements were available to be issued.

Notes to Consolidated Financial Statements (dollars in thousands)

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 67)

What This Means (2025 FDD)

According to Clear Pest Pros's 2025 Franchise Disclosure Document, the consolidated financial statements were available to be issued on March 19, 2025. This date is significant because it marks the cutoff for evaluating events that could impact the company's financial standing. Any events occurring after this date would not be included in the financial statements.

This availability date is important for prospective Clear Pest Pros franchisees as it provides a timeframe for understanding the financial information presented. It assures that the financial statements reflect all known information up to that specific date. The FDD also states that management is required to evaluate whether there are conditions or events that raise substantial doubt about the Company's ability to continue as a going concern within one year after the date that the consolidated financial statements are available to be issued.

Furthermore, the FDD emphasizes the use of estimates in preparing the financial statements, acknowledging that actual results could differ from these estimates. This is a standard accounting practice, but it's a reminder that the financial statements are based on management's best judgment at the time. The financial statements include the years ending December 31, 2024, 2023, and 2022.

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.