What page number in the Counselor Realty financial statements can I find the statements of operations?

According to the 2025 FDD, the statements of operations for Counselor Realty can be found on page 4 of the financial statements. The financial statements include several key documents, such as balance sheets, statements of stockholder's equity, and statements of cash flow, in addition to the statements of operations. These financial statements offer insights into the company's financial performance over the past three years, specifically for the years ended December 31, 2024, 2023, and 2022.

Prospective franchisees should carefully review the statements of operations to understand Counselor Realty's revenue, expenses, and profitability trends. Analyzing these trends can help franchisees assess the financial stability and potential of the franchise system. It is also important to compare these statements with industry benchmarks and the performance of other franchisees within the Counselor Realty system to gauge relative success and identify areas for improvement.

Furthermore, the FDD includes an Independent Auditors' Report, which provides an opinion on the fairness of the financial statements. This report assures potential franchisees that the financial information has been audited in accordance with generally accepted auditing standards. The financial statements and related notes are presented as Exhibit A within the Franchise Disclosure Document.