As of what date are the Deck Medic audited financial statements provided?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
Independent Auditor's Report
To the Stockholders' of Deck Medic, Inc.
Opinion
We have audited the accompanying financial statements of Deck Medic, Inc. (the "Company") which comprise the balance sheets as of December 31, 2023 and 2022 and the related statements of operations, stockholders' equity, and cash flows for the years then ended, and the related notes to the financial statements.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Deck Medic, Inc. as of December 31, 2023 and 2022 and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 42)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, the audited financial statements included are for the years ending December 31, 2023, and December 31, 2022. The audit was conducted by Metwally CPA PLLC.
These financial statements provide a snapshot of Deck Medic's financial position and performance over the past two years. Prospective franchisees should carefully review these statements to assess the company's financial health, including its assets, liabilities, equity, revenues, and expenses. Understanding these figures can help potential franchisees evaluate the stability and profitability of Deck Medic.
It is important to note that past financial performance is not necessarily indicative of future results. However, analyzing these statements can offer insights into Deck Medic's financial management practices and its ability to generate revenue and manage expenses. Potential franchisees may want to consult with a financial advisor to fully understand the implications of these financial statements and how they might impact their investment in a Deck Medic franchise.