Do the Dryject financial statements cover the period ending December 31, 2023?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached as Exhibit H to this Disclosure Document are our audited financial statements for the periods ending December 31, 2024, December 31, 2023, and December 31, 2022.
These financial statements are prepared according to generally accepted accounting principles by an independent auditor. Our fiscal year end is December 31st.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 49)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, the financial statements include data for the period ending December 31, 2023. Item 21 of the FDD states that the audited financial statements attached as Exhibit H include the periods ending December 31, 2024, December 31, 2023, and December 31, 2022.
This means that a prospective Dryject franchisee can review Dryject's financial performance for the past three years. These statements are prepared by an independent auditor according to generally accepted accounting principles. Having access to several years of financial data allows potential franchisees to identify trends and assess the financial stability of Dryject.
The inclusion of audited financial statements for these periods provides transparency and allows potential franchisees to make informed decisions. It is standard practice in the franchising industry to provide audited financial statements for the past three years, offering insight into the franchisor's financial health and performance.