table_specific

What was the net income for Deka Lash as of 12/31/2020?

Deka_Lash Franchise · 2024 FDD

Answer from 2024 FDD Document

1 2/31/2023 12/31/20 22 12/31/2021
REVENUE 4 . 200 000 2 . 200 nau.
Initial franchise fees
Product sales $ 1,752,895 $ 1,572, 3,707.
511111111111111111111111111111111111111 Part of the last 200 2,955,206
Royalty income 2,062,890 2,024 1,551,172
Brand development income 508,196 301,725
Other operating revenue _ 1,852,111 1,989 1,903,123
TOTAL REVENUES _ 9,339,025 9,643 649 8,010,120
OPERATING EXPENSES
Selling and administrative expense 1.875,002 1,807. 255 983,611
Product costs 1,812,842 2,008 962 1,989,404
Development costs 1,083,541 944 467 1,221,014
Salaries, wages, and benefits 4,327,982 3,904 703 2,743,730
Other operating expenses 846,406 810. 881 419,793
Amortization expense 18,000 13. 556
Depreciation expense - 17,948 13. 439 19,608
TOTAL OPERATING EXPENSES _ 9,981,721 9,503. 263 7,377,160
OPERATING (LOSS) / INCOME 1 (642,696) 140. 386 632,960
OTHER INCOME (EXPENSE)
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Source: Item 23 — RECEIPT (FDD pages 63–234)

What This Means (2024 FDD)

According to the 2024 Deka Lash Franchise Disclosure Document, the net income for Deka Lash as of December 31, 2020, was $717,454. The balance at December 31, 2020 was $(3,671,476). The balance at December 31, 2021 was $(2,954,022) with a net income of $225,549. The balance at December 31, 2022 was $(2,728.473) with a net income of $220,255. The balance at December 31, 2023 was $(2,508,218).

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.
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