What was the gain on sale of marketable securities for Craters & Freighters in 2024?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
Picture_0.jpeg)
| Years Ended December 31, | 2024 | 2023 |
|---|---|---|
| Change in Cash and Cash Equivalents: | ||
| Cash Flows from Operating Activities: | ||
| Net Income | $ 1,355,336 $ | 2,633,230 |
| Adjustments to Reconcile Net Income to Net Cash and Cash Equivalents | ||
| From Operating Income: | ||
| Amortization Expense | 116,969 | 101,989 |
| Depreciation Expense | 42,021 | 26,134 |
| Gain on Sale of Property and Equipment | - | (15,729) |
| Gain on Sale of Marketable Securities |
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 2024 was $(26). This means that Craters & Freighters actually experienced a loss of $26 on the sale of marketable securities during that year.
For a prospective franchisee, this figure provides insight into the company's investment activities and how they impact cash flow. While a small loss in one year may not be significant, it's important to consider this in the context of overall financial performance and trends over multiple years. Reviewing these figures over time can reveal how effectively Craters & Freighters manages its investments and whether these activities contribute positively or negatively to the company's financial health.
It's also worth noting that the FDD includes a separate line item for "Unrealized Holding (Gain) Loss on Marketable Securities," which was $(135,511) in 2024. This represents the change in the fair value of investments that Craters & Freighters held but did not sell during the year. Both realized gains/losses (from sales) and unrealized gains/losses (from changes in value) can affect the company's net income and cash flow.