What was the cash at the end of the period for Dryject in 2024?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
income | (7,6 | 32) | 20,805 | | | Member's capital - beginning | 29,1 | | 8,384 | | | Member's draw | (145,1 | terral comment | - | | | Member's capital - ending | $ (123,6 | 06) $ | 29,189 | |
DRYJECT MANAGEMENT, LLC STATEMENT OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023
| 202 | 2023 | ||
|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES: | |||
| Net (loss) income Adjustments to reconcile net income to net cash provided by operating activities: | $ | (7,632) 5 | $ 20,80 |
| Amortization Amortization of interest expense (Increase) decrease in: | 150,916 4,287 | 150,91 4,28 | |
| Accounts receivable Increase (decrease) in: | 3,484 | 136,08 | |
| Accounts payable | (55,060) | (100,50 | |
| Accrued expenses | 3,350 | (5,93 | |
| Deferred income | - | 30,000 | * |
| Net cash provided by operating activities | - | 129,345 | 205,65 |
| CASH FLOWS FROM FINANCING ACTIVITIES: | |||
| Payments on long term |
Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, the cash at the end of the period in 2024 was $31,688. This figure represents the company's liquid assets available at the close of the fiscal year. This number is derived from the statement of cash flows, which outlines all cash inflows and outflows during the year, ultimately arriving at the ending cash balance.
For a prospective Dryject franchisee, understanding the franchisor's cash position is crucial. A healthy cash balance suggests financial stability and the ability to support franchisees. However, it's also important to consider how this cash balance relates to Dryject's overall financial performance, including revenues, expenses, and liabilities. A low cash balance relative to expenses could indicate potential financial challenges.
It is also important to note that Dryject maintains its cash balances at a financial institution where balances are insured by the Federal Deposit Insurance Corporation up to $250,000. At December 31, 2024, the company had no uninsured cash balances. This is a common practice to safeguard funds, and the FDIC insurance provides a level of security for the company's cash deposits.