Do the Deck Medic financial statements include a cash flow statement?

According to Deck Medic's 2024 Franchise Disclosure Document, the company's financial statements, which were audited by Metwally CPA PLLC, include statements of cash flows. Specifically, the auditor's report indicates that the audit encompassed the balance sheets as of December 31, 2023, and 2022, along with the related statements of operations, stockholders' equity, and cash flows for the years then ended.

This inclusion of a cash flow statement is a standard practice in financial reporting, providing insights into how Deck Medic generates and uses cash. For a potential franchisee, this statement is valuable because it offers a view into the company's liquidity and solvency, showcasing its ability to manage cash effectively. It helps in understanding the sources and uses of cash, which is crucial for assessing the financial health and stability of the franchisor.

The auditor's opinion confirms that these financial statements, including the cash flow statement, present fairly the financial position, results of operations, and cash flows of Deck Medic in accordance with generally accepted accounting principles (GAAP). This independent audit adds credibility to the financial information, assuring prospective franchisees that the data has been reviewed and verified by a qualified professional. Therefore, a potential franchisee can review Deck Medic's cash flow statements for 2022 and 2023 to better understand the franchisor's financial health.