How many shares of Common Stock did Counselor Realty have as of December 31, 2021?
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 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the company had 10,000 shares of common stock as of December 31, 2021. The par value of each share was $0.01, resulting in a total value of $100. Additionally, the company had $47,209 in additional paid-in capital and $156,849 in retained earnings, bringing the total stockholder's equity to $204,158 as of that date.
For a prospective franchisee, this information provides a snapshot of Counselor Realty's equity structure and financial position at the end of 2021. It shows the number of shares issued and outstanding, which can be an indicator of the ownership distribution within the company. The additional paid-in capital and retained earnings reflect the capital raised beyond the par value of the stock and the accumulated profits retained in the business, respectively.
It's important to note that this data is from over three years prior to the FDD's publication date. While the number of authorized shares is listed as 100,000, only 10,000 were issued and outstanding as of December 31, 2021. This indicates that Counselor Realty had the capacity to issue more shares if needed for future capital raising or other corporate purposes. Reviewing the trend of stockholder's equity over the subsequent years (2022-2024) can provide further insights into the company's financial performance and how it manages its equity structure.