What was the amount of reinvested dividends for Craters & Freighters in 2023?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
| 5,413,239 | $ 5,414,139 |
Statements of Cash Flows
| Years Ended December 31, | 2023 | 2022 |
|---|---|---|
| Change in Cash and Cash Equivalents: | ||
| Cash Flows from Operating Activities: | ||
| Net Income | $ 2,633,230 $ | 2,437,747 |
| Adjustments to Reconcile Net Income to Net Cash and Cash Equivalents | ||
| From Operating Income: | ||
| Amortization Expense | 101,989 | 99,763 |
| Depreciation Expense | 26,134 | 21,995 |
| Gain on Sale of Fixed Assets | (15,729) | - |
| Gain on Sale of Marketable Securities | (841) | (3,643) |
| Bad Debt Expense | 10,000 | 24,928 |
| Non-Cash Lease Expense | 1,865 | 83,132 |
| Unrealized Holding (Gain) Loss on Mark |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 49)
What This Means (2025 FDD)
According to Craters & Freighters' 2025 Franchise Disclosure Document, the amount of reinvested dividends in 2023 was $(13,827). This figure is part of the adjustments made to reconcile net income to net cash and cash equivalents from operating income.
Reinvested dividends represent earnings that are not distributed to shareholders but are instead used to fund the company's operations or investments. For a prospective franchisee, this indicates how Craters & Freighters manages its earnings and whether it prioritizes reinvestment in the business. A higher reinvestment could suggest a focus on growth and development, while lower reinvestment might mean more profits are distributed to shareholders.
It's important to note that this figure is a component of the overall cash flow statement, and it should be considered alongside other financial metrics to gain a comprehensive understanding of Craters & Freighters' financial health. Reviewing trends in reinvested dividends over several years can provide insights into the company's long-term financial strategy.