For what years are the Consolidated Statements of Operations provided in the Clear Pest Pros FDD?

According to Clear Pest Pros' 2025 Franchise Disclosure Document, the Consolidated Statements of Operations are provided for the years ended December 31, 2024, 2023, and 2022. This means that the FDD includes an overview of the company's financial performance, specifically its revenues, expenses, and profits or losses, for each of these three years.

For a prospective Clear Pest Pros franchisee, this information is crucial for understanding the financial stability and performance trends of the franchisor. By reviewing these statements, a franchisee can assess the company's profitability, revenue growth, and expense management over the recent past. This helps in evaluating the potential risks and rewards associated with investing in a Clear Pest Pros franchise.

It's important to note that the 2022 figures are presented "as restated," indicating that there were adjustments made to the original financial statements for that year. A potential franchisee should investigate the reasons for the restatement to fully understand its implications. Additionally, the independent auditor's report mentions emphasis of matters related to the restatement of 2022 financial statements and an impairment loss to goodwill during 2023, which should prompt further scrutiny during due diligence.

Typically, franchisors include several years of financial statements in their FDD to provide a comprehensive view of their financial health. Analyzing these statements is a standard part of the due diligence process for anyone considering buying a franchise, as it offers insights into the franchisor's ability to support its franchisees and maintain a sustainable business model.