What was the gross unrealized gain for Equities and Other Funds for Craters & Freighters as of December 31, 2023?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
Note 2: Marketable Securities (Continued)
As of December 31, 2023 and 2022, the following is a summary of the investment costs and fair value:
| Gross | Gross | |||
|---|---|---|---|---|
| Unrealized | Unrealized | Fair Market | ||
| December 31, 2023 | Cost | Gains | Losses | Value |
| Investments | ||||
| Money Market Funds | $ 32,240 | $ - | $ - | $ 32,240 |
| Mutual Fund |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 49)
What This Means (2025 FDD)
According to Craters & Freighters' 2025 Franchise Disclosure Document, as of December 31, 2023, the gross unrealized gain for Equities and Other Funds was $253,570. The original cost of these equities and other funds was $338,874, bringing the fair market value to $592,444.
It is important to note that unrealized gains and losses reflect the change in the value of investments that Craters & Freighters holds but has not yet sold. These gains and losses can fluctuate based on market conditions and the performance of the specific investments.
Prospective franchisees should consider these figures as part of their overall assessment of Craters & Freighters' financial health. Understanding how the company manages its investments and the potential volatility of those investments can provide insights into its financial stability. Reviewing these figures over several years, as presented in the FDD, can give a better sense of the company's investment performance trends.