What was the net cash provided by (used in) operating activities for Deck Medic?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
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 23 — RECEIPTS (FDD pages 43–228)
What This Means (2024 FDD)
I am unable to provide the exact figures for net cash provided by (used in) operating activities for Deck Medic, as this information is not present within the provided excerpts from the 2024 Franchise Disclosure Document. The excerpts do include independent auditor's reports and notes to the financial statements, but these do not contain the specific cash flow data requested.
Item 23 of the FDD typically includes financial statements that would contain this information. The excerpts provided confirm that Deck Medic's financial statements were audited by Metwally CPA PLLC, and that these statements include statements of cash flows. The auditor's reports state that the financial statements present fairly the financial position, results of operations, and cash flows of Deck Medic in accordance with accounting principles generally accepted in the United States of America.
A prospective franchisee should carefully review the complete Item 23 of the FDD, including the balance sheets, income statements, and statements of cash flow, to understand Deck Medic's financial performance. If this information is not present, the prospective franchisee should ask Deck Medic for this information.