What was the amount of Common Stock for Counselor Realty as of December 31, 2022?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
December 31, 2024, 2023 and 2022
| Common Stock | Additional Paid-in | Retained | Total Stockholder's | ||
|---|---|---|---|---|---|
| Shares | Amount | Capital | Earnings | Equity | |
| Balances, December 31, 2021 | 10,000 | $ 100 | $ 47,209 | $ 156,849 | $ 204,158 |
| 2022 net income | - | - | - | 11,780 | 11,780 |
| Balances, December 31, 2022 | 10,000 | 100 | 47,209 | 168,629 | 215,938 |
| 2023 net loss | - | - | - | (8,873) | (8,873) |
| Balances, December 31, 2023 | 10,000 | 100 | 47,209 | 159,756 | 207,065 |
| 2024 net loss | - | - | - | (3,967) | (3,967) |
| Balances, December 31, 2024 | 10,000 | $ 100 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the amount of Common Stock as of December 31, 2022, was $100. This is based on 10,000 shares issued. The par value is not specified in this table but is listed as $.01 elsewhere in the document.
This figure represents the stated value of the company's common stock on its balance sheet. It is a component of the total stockholder's equity, which also includes additional paid-in capital and retained earnings. For a prospective franchisee, this number by itself does not have much significance.
However, it is important to consider the overall financial health and equity of Counselor Realty, as this can impact its ability to support its franchisees. Reviewing the complete financial statements, including assets, liabilities, and equity, provides a more comprehensive understanding of the franchisor's financial stability.