What was the amount of depreciation and amortization for Creative World School in 2023?

According to the 2025 Creative World School FDD, the amortization expense for the year ending December 31, 2023, was reported as $0. This indicates that Creative World School did not record any amortization expenses during that specific financial year.

Amortization is the process of spreading out the cost of an intangible asset over its useful life. Common intangible assets include patents, trademarks, and goodwill. The absence of amortization expense in 2023 could mean that Creative World School either had no amortizable intangible assets or that existing assets were fully amortized in prior years.

For a prospective franchisee, this information provides insight into the company's accounting practices and asset management. While zero amortization expense in a single year doesn't necessarily indicate a problem, it's a point to consider when reviewing the overall financial health and stability of Creative World School. Franchisees may want to inquire about the company's intangible assets and their amortization schedules to gain a better understanding of the company's long-term financial strategy.