What was the net cash used by Dryject's financing activities 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 net cash used by financing activities in 2024 was a loss of $310,988. This figure reflects the total cash outflow resulting from Dryject's financing decisions during that year. This is in contrast to 2023, where the net cash used by financing activities was ($161,02).
Specifically, the statement of cash flows shows that payments on long-term debt accounted for an outflow of $165,825 in 2024. Additionally, member's draw resulted in an outflow of $145,163. These two items combined resulted in the total net cash used by financing activities of ($310,988) for Dryject in 2024.
A prospective franchisee should understand how Dryject uses its cash. Reviewing Dryject's statement of cash flows can help potential franchisees understand how the company manages its debt and member draws. This information is useful for assessing the financial stability of Dryject.