Where can I find the Statement of Cash Flows in the Degree Wellness FDD financial statements?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the financial statements of Degree Wellness Franchise, LLC, which comprise the balance sheet as of December 31, 2024, and the related statements of earnings and members' equity (deficit) and cash flows for the period April 1, 2024 through December 31, 2024, and the related notes to the financial statements.
In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of Degree Wellness Franchise, LLC as of December 31, 2024, and the results of its operations and its cash flows for the period April 1, 2024 through December 31, 2024, in accordance with accounting principles generally accepted in the United States of America.
Source: Item 23 — Receipts (FDD pages 66–257)
What This Means (2025 FDD)
According to Degree Wellness's 2025 Franchise Disclosure Document, the Statement of Cash Flows can be found within the financial statements. The Independent Auditor's Report indicates that the audit of Degree Wellness Franchise, LLC included the balance sheet as of December 31, 2024, the statements of earnings and members' equity (deficit), and the cash flows for the period from April 1, 2024, through December 31, 2024.
The auditor's opinion confirms that the financial statements, including the statement of cash flows, are presented fairly in accordance with accounting principles generally accepted in the United States of America. This statement assures prospective franchisees that the financial information has been reviewed and validated by an independent auditor.
Therefore, a prospective Degree Wellness franchisee can locate the Statement of Cash Flows as part of the complete audited financial statements, which also include the balance sheet and statements of earnings and member equity. These statements provide a comprehensive view of Degree Wellness's financial performance and position during the specified period.