What was the net income for Dq Treat in 2022?
Dq_Treat Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Revenues | |||
| Service fees | $ 198,627 | $ 188,908 | $ 173,116 |
| Other fees and franchise sales | 45,681 | 45,918 | 46,482 |
| Sales of advertising kits | 9,446 | 9,751 | 13,939 |
| Sales of company-owned restaurants | 3,633 | 3,412 | 3,146 |
| Other | 254 | 272 | 254 |
| Total revenues | 257,641 | 248,261 | 236,937 |
| Costs and expenses | |||
| Costs of other fees and franchise sales | 3,393 | 2,971 | 4,919 |
| Cost of sales of advertising kits | 8,725 | 9,090 | 12,647 |
| Costs of company-owned restaurants | 3,913 | 3,805 | 3,593 |
| Selling, general, and administrative | 115,600 | 111,911 | 99,868 |
| Total costs and expenses | 131,631 | 127,777 | 121,027 |
| Operating income | 126,010 | 120,484 | 115,910 |
| Net interest income | 3,137 | 3,370 | 1,249 |
| Income before income taxes | 129,147 | 123,854 | 117,159 |
| Provision for income taxes | 31,272 | 29,970 | 28,340 |
| $ 97,875 | $ 93,884 | $ 88,819 | |
| Net income | |||
| Comprehensive income, net of tax | |||
| Net income | $ 97,875 | $ 93,884 | $ 88,819 |
| Other comprehensive (loss) income - changes in | |||
| cumulative translation adjustment | (941) | ( 19) | ( 800) |
| Comprehensive income | $ 96,934 | $ 93,865 | $ 88,019 |
Source: Item 17 — The following paragraph is added to the end of Item 17 of the Disclosure Document: (FDD pages 70–378)
What This Means (2025 FDD)
According to Dq Treat's 2025 Franchise Disclosure Document, the net income for the company in 2022 was $88,819. This figure represents the profit Dq Treat retained after deducting all costs and expenses, including the provision for income taxes, from its total revenues for that year. This net income figure is a key indicator of Dq Treat's overall financial performance and profitability during that period.
The revenues that contributed to the net income include service fees of $173,116, other fees and franchise sales of $46,482, sales of advertising kits totaling $13,939, sales from company-owned restaurants amounting to $3,146, and other revenues of $254. The costs and expenses subtracted from these revenues include costs of other fees and franchise sales ($4,919), cost of sales of advertising kits ($12,647), costs of company-owned restaurants ($3,593), and selling, general, and administrative expenses ($99,868). These figures provide a detailed breakdown of the financial activities that influenced Dq Treat's net income for the specified year.
Prospective franchisees should consider this net income figure in the context of other financial data provided in the FDD, such as revenue trends, cost structures, and cash flow statements, to gain a comprehensive understanding of Dq Treat's financial health. Additionally, it's important to compare these figures with those of other similar franchises in the food service industry to assess the relative performance and potential investment risks and rewards associated with a Dq Treat franchise.