What was the gain on sale of marketable securities for Craters & Freighters in 2022?
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 Fix |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 49)
What This Means (2025 FDD)
According to Craters & Freighters' 2025 Franchise Disclosure Document, the gain on the sale of marketable securities in 2022 was a loss of $3,643. This figure reflects the financial outcome when Craters & Freighters sold marketable securities, resulting in a decrease in their overall assets for that year.
For a prospective franchisee, this detail provides insight into Craters & Freighters' investment activities and how they manage their assets. It's important to note that gains or losses on marketable securities can fluctuate depending on market conditions and investment strategies. A loss in one year does not necessarily indicate poor financial management, but it is a factor to consider when evaluating the company's financial performance.
Franchisees should consider this information in the context of Craters & Freighters' overall financial health and consult with a financial advisor to understand the potential implications. Reviewing several years of financial statements, including 2023 where the gain on sale of marketable securities was a loss of $841, will provide a more comprehensive understanding of their investment performance.